Witte Museum

Analysis

Witte Museum is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 1932, 94 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, Witte Museum reported income of $14.1m and spending of $13.6m, spending 97% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $13.9m to $14.1m (+1.6%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 238%. 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, Witte Museum sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Grammy Museum Foundation Inc ($14.1m), Greater Education Opportunities Foundation ($14.1m) and Mount Desert Island Biological Laboratory ($14.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $455k (3.3% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $80.5m against liabilities of $20.0m, net assets of $60.5m. It reported 111 employees.