Augusta Museum of History Inc

Analysis

Augusta Museum of History Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in February 1968, 58 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, Augusta Museum of History Inc reported income of $711k and spending of $884k, spending 124% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $698k to $711k (+1.7%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Augusta Museum of History Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Topgun Navy Fighter Weapons School Association ($710k), Calle 24 Latino Cultural District ($711k) and Arthur Roy Mitchell Memorial Inc ($710k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 81% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $84k (9.5% of expenses). Other salaries and wages came to $221k. At year end it held assets of $3.3m against liabilities of $23k, net assets of $3.2m. It reported 17 employees.