Southern Forest Heritage Museum & Research Center Inc

Analysis

Southern Forest Heritage Museum & Research Center Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in February 1994, 32 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, Southern Forest Heritage Museum & Research Center Inc reported income of $274k and spending of $278k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $199k to $274k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southern Forest Heritage Museum & Research Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Lees Summit Symphony Orchestra ($274k), Kid Pan Alley ($274k) and Evn News Foundation ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $35k (12% of expenses). Other salaries and wages came to $64k. At year end it held assets of $1.1m against liabilities of $922, net assets of $1.1m. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.