Stoutsburg Sourland African American Museum NP

Analysis

Stoutsburg Sourland African American Museum NP is a registered charity in United States, based in Hopewell, NJ. It received its IRS tax-exemption ruling in June 2016, 10 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 December 2023, Stoutsburg Sourland African American Museum NP reported income of $508k and spending of $566k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $508k (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 188%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stoutsburg Sourland African American Museum NP sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Museum of Texas Tech University Association ($508k), Central Music Academy Inc ($508k) and Haitian American Museum of Chicago ($508k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $103k (18% of expenses). Other salaries and wages came to $61k. At year end it held assets of $1.8m against liabilities of $335k, net assets of $1.5m. It reported 4 employees.