Armstrong County Museum

Analysis

Armstrong County Museum is a registered charity in United States, based in Claude, TX. It received its IRS tax-exemption ruling in March 1991, 35 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 June 2023, Armstrong County Museum reported income of $113k and spending of $108k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $251k to $113k (-55%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 113%. Over the whole period it spent 353% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Armstrong County Museum sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Pure Life Theatre Company ($113k), Dynamic Booster Club ($113k) and One Planet One Future Foundation ($113k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $9,555. At year end it held assets of $609k against liabilities of $144, net assets of $608k. It reported 1 employees.