Carson County Square House Museum

Analysis

Carson County Square House Museum is a registered charity in United States, based in Panhandle, TX. It received its IRS tax-exemption ruling in December 1967, 59 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carson County Square House Museum reported income of $214k and spending of $216k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $214k (-5.7%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carson County Square House Museum sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Id Studio Theater Performance and ($214k), Seal Inc ($214k) and The Uncommon Friends Foundation Inc ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $36k (17% of expenses). Other salaries and wages came to $64k. At year end it held assets of $2.2m against liabilities of $949, net assets of $2.2m. It reported 5 employees.