Texas Prison Museum Inc

Analysis

Texas Prison Museum Inc is a registered charity in United States, based in Huntsville, TX. It received its IRS tax-exemption ruling in January 1987, 39 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, Texas Prison Museum Inc reported income of $412k and spending of $409k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $551k to $412k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income dropped by 55%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Prison Museum Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include National Church Residences of ($412k), Wellesley Cooperative Nursery School Inc ($412k) and Kulpahar Kids Home and Christian School ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 37% of the total. At year end it held assets of $1.6m against liabilities of $100k, net assets of $1.5m. It reported 18 employees.