Moore County Historical Museum

Analysis

Moore County Historical Museum is a registered charity in United States, based in Dumas, TX. It received its IRS tax-exemption ruling in February 1982, 44 years ago. 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, Moore County Historical Museum reported income of $227k and spending of $199k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $227k (-6.6%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moore County Historical Museum sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Hopeanchor & Crew Inc ($227k), Lincoln County Television ($227k) and Big Stone Healthcare Foundation ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $22k (11% of expenses). Other salaries and wages came to $55k. At year end it held assets of $2.4m against liabilities of $548, net assets of $2.4m. It reported 3 employees.