Ybor City Museum Society Inc

Analysis

Ybor City Museum Society Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in December 1983, 43 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, Ybor City Museum Society Inc reported income of $320k and spending of $326k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $274k to $320k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 20%. 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, Ybor City Museum Society Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Iowa Choral Directors Association Inc ($320k), Milton Artists Guild ($320k) and Rialto Square Theatre Foundation ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 19% of the total. Other salaries and wages came to $109k. At year end it held assets of $969k against liabilities of $155k, net assets of $814k. It reported 3 employees.