Texas Barnstorming Museum

Analysis

Texas Barnstorming Museum is a registered charity in United States, based in Hallettsville, TX. It received its IRS tax-exemption ruling in December 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, Texas Barnstorming Museum reported income of $103k and spending of $143k, spending 139% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $124k to $103k (-17%), an average of -9.0% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Barnstorming Museum sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Fontana Rotary Foundation ($103k), American Society for Training and Development Inc-Greater Atlanta ($103k) and General McLane Band Boosters Association ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% of the total. At year end it held assets of $310k against liabilities of $48k, net assets of $262k.