Dallas Scottish Rite Library & Museum Inc

Analysis

Dallas Scottish Rite Library & Museum Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1989, 37 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, Dallas Scottish Rite Library & Museum Inc reported income of $389k and spending of $313k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $332k to $389k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 107%. 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, Dallas Scottish Rite Library & Museum Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Bend Heroes Foundation ($388k), Great Falls Public Library Foundation ($389k) and Memorial Ambulance of Fort Benton Montana ($388k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $4.6m against liabilities of $1.4m, net assets of $3.1m.