Southwest Dairy Museum Inc

Analysis

Southwest Dairy Museum Inc is a registered charity in United States, based in Sulphur SPGS, TX. It received its IRS tax-exemption ruling in November 1983, 43 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, Southwest Dairy Museum Inc reported income of $3.7m and spending of $3.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $3.7m (-23%), an average of -6.4% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwest Dairy Museum Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Lake Tahoe Shakespeare Festival ($3.7m), Griffith Observatory Foundation ($3.7m) and The HDF Group ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $174k (4.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.9m against liabilities of $0, net assets of $6.9m. It reported 26 employees.