Berkley Museum Inc

Analysis

Berkley Museum Inc is a registered charity in United States, based in Moncks Corner, SC. It received its IRS tax-exemption ruling in May 2003, 23 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 2023, Berkley Museum Inc reported income of $146k and spending of $96k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $146k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Berkley Museum Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include Alta Arts Council ($145k), Klamath County Museum Foundation ($146k) and New Horizons International Music Association Incorporated ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $354k against liabilities of $0, net assets of $354k.