Granville Museum Inc

Analysis

Granville Museum Inc is a registered charity in United States, based in Granville, TN. It received its IRS tax-exemption ruling in September 2000, 26 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, Granville Museum Inc reported income of $729k and spending of $706k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $729k (+99%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Granville Museum Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Memphis Artists for Change ($729k), Nutmeg Public Access Television Inc ($729k) and Texarkana Regional Arts & Humanities Council Inc ($729k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $13k (1.9% of expenses). Other salaries and wages came to $90k. At year end it held assets of $616k against liabilities of $0, net assets of $616k. It reported 5 employees.