The Richards-Dar House Museum

Analysis

The Richards-Dar House Museum is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in February 1975, 51 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 suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, The Richards-Dar House Museum reported income of $62k and spending of $37k, leaving 41% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income fell from $67k to $62k (-7.2%), an average of -7.2% a year. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Richards-Dar House Museum sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Supporters of Bentonville Orchestras ($62k), Carol Kornacki Ministries Inc ($62k) and Brazilian Center for Cultural Exchange of Sacramento ($62k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $234k against liabilities of $656, net assets of $233k.