Martin County Historical Museum Inc

Analysis

Martin County Historical Museum Inc is a registered charity in United States, based in Stanton, TX. It received its IRS tax-exemption ruling in December 1977, 49 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, Martin County Historical Museum Inc reported income of $996k and spending of $192k, leaving 81% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.5m to $996k (-33%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 10% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Martin County Historical Museum Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Kansas Nurses Foundation ($996k), Helena Symphony Society ($996k) and Sacramento Cultural & Linguistic Center SCLC ($996k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $48k. At year end it held assets of $4.2m against liabilities of -$1,927, net assets of $4.2m. It reported 2 employees.