River Heritage Museum Inc

Analysis

River Heritage Museum Inc is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in December 1997, 29 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 2023, River Heritage Museum Inc reported income of $357k and spending of $312k, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $266k to $357k (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, River Heritage Museum Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Dallas Architecture Forum ($356k), Chicago National Association of Dance Masters ($357k) and Childrens Theatre Company ($356k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 22% of the total. At year end it held assets of $935k against liabilities of $57k, net assets of $878k.