Travellers Rest Historic House Museum Inc

Analysis

Travellers Rest Historic House Museum Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 1989, 37 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 June 2023, Travellers Rest Historic House Museum Inc reported income of $683k and spending of $527k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $419k to $683k (+63%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Travellers Rest Historic House Museum Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Childrens Discovery Foundation ($683k), Fostering Dreams Project ($683k) and Chamber Music San Francisco ($683k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $75k (14% of expenses). Other salaries and wages came to $196k. At year end it held assets of $945k against liabilities of $103k, net assets of $842k. It reported 16 employees.