Brazoria County Historical Museum Inc

Analysis

Brazoria County Historical Museum Inc is a registered charity in United States, based in Angleton, TX. It received its IRS tax-exemption ruling in January 1994, 32 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 September 2023, Brazoria County Historical Museum Inc reported income of $608k and spending of $618k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $811k to $608k (-25%), an average of -7.0% a year. The sharpest change came in the year to September 2021, when income dropped by 16%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brazoria County Historical Museum Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Symphony Management Inc ($608k), Nashua Community Music School ($608k) and Franklin G Burroughs Simeon B Chapin Art Museum ($607k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 0.5% of the total. Other salaries and wages came to $546k. At year end it held assets of $1.4m against liabilities of $18, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.