New Orleans Pharmacy Museum Ltd

Analysis

New Orleans Pharmacy Museum Ltd is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in November 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, New Orleans Pharmacy Museum Ltd reported income of $462k and spending of $337k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $379k to $462k (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Orleans Pharmacy Museum Ltd sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Dinsmore Homestead Foundation Inc ($462k), MCCT Inc ($462k) and Juneteenth Festival Inc ($462k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.1% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $110k (33% of expenses). Other salaries and wages came to $68k. At year end it held assets of $389k against liabilities of $0, net assets of $389k. It reported 6 employees.