Matheson History Museum Inc

Analysis

Matheson History Museum Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in February 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 (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, Matheson History Museum Inc reported income of $325k and spending of $358k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $144k to $325k (+126%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Matheson History Museum Inc sits at the 70th percentile: it is larger than about 70% 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 Alliance Francaise de LA Nouvelle Orleans ($325k), David Labkovkski Project ($325k) and National Motorist Association Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $62k (17% of expenses). Other salaries and wages came to $47k. At year end it held assets of $1.4m against liabilities of $2,160, net assets of $1.4m. It reported 4 employees.