Midway Museum Incorporated

Analysis

Midway Museum Incorporated is a registered charity in United States, based in Midway, GA. It received its IRS tax-exemption ruling in August 1946, 80 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Midway Museum Incorporated reported income of $55k and spending of $88k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $55k (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Midway Museum Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Good News Unlimited ($54k), Perrysburg Musical Theatre Company ($55k) and Zen and Now Clay Studio Cooperative ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $25k. At year end it held assets of $102k against liabilities of $1,317, net assets of $101k. It reported 2 employees.