Museum at Belcourt Inc

Analysis

Museum at Belcourt Inc is a registered charity in United States, based in N Kingstown, RI. It received its IRS tax-exemption ruling in April 2017, 9 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, Museum at Belcourt Inc reported income of $990k and spending of $1.5m, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $97k to $990k (+921%), an average of +79% a year. The sharpest change came in the year to December 2021, when income rose by 4379%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum at Belcourt Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within RI. Charities of a similar size with the same main cause include Theatre of the Republic Inc ($990k), Save the Grand Theatre Inc ($990k) and Kirkland Arts Center ($989k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 1.2% of the total. Other salaries and wages came to $214k. At year end it held assets of $462k against liabilities of $0, net assets of $462k. It reported 8 employees.