Georgetown-Scott County Museum Inc

Analysis

Georgetown-Scott County Museum Inc is a registered charity in United States, based in Georgetown, KY. It received its IRS tax-exemption ruling in July 1995, 31 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, Georgetown-Scott County Museum Inc reported income of $91k and spending of $98k, spending 109% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $136k to $91k (-33%), an average of -34% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Georgetown-Scott County Museum Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within KY. Charities of a similar size with the same main cause include New Hampshire Fiddle Ensemble Inc ($91k), Petersburg Area Art League Inc ($91k) and Glen Echo Historic District Preservation Foundation ($91k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $407k against liabilities of $11k, net assets of $396k.