Headley-Whitney Museum Inc

Analysis

Headley-Whitney Museum Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in June 1973, 53 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 June 2024, Headley-Whitney Museum Inc reported income of $508k and spending of $473k, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $152k to $508k (+235%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 134%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Headley-Whitney Museum Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KY. Charities of a similar size with the same main cause include Braata Productions Corp ($508k), Haitian American Museum of Chicago ($508k) and Portland Symphonic Girlchoir ($507k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $68k (14% of expenses). Other salaries and wages came to $14k. At year end it held assets of $5.3m against liabilities of $1, net assets of $5.3m. It reported 2 employees.