The Sam Houston Masonic Library and Museum Association

Analysis

The Sam Houston Masonic Library and Museum Association is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2005, 21 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, The Sam Houston Masonic Library and Museum Association reported income of $60k and spending of $87k, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $107k to $60k (-44%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 38%. Over the whole period it spent 91% 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 Sam Houston Masonic Library and Museum Association sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Plaza Diane - Community Center for the Arts ($60k), Tidewater Scottish Rite Speech & Language Foundation Inc ($60k) and Showtunes Theater ($60k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.2% of the total. Compensation of current officers, directors and key employees was $3,000 (3.5% of expenses). At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.