Webster Museums Incorporated

Analysis

Webster Museums Incorporated is a registered charity in United States, based in Webster, MA. It received its IRS tax-exemption ruling in September 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, Webster Museums Incorporated reported income of $531k and spending of $433k, spending 82% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $350k to $531k (+52%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 174%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Webster Museums Incorporated sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Olympia Film Society ($531k), Center for Severe Weather Research Inc ($531k) and Oxford Community Arts Center ($531k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $179k. At year end it held assets of $5.6m against liabilities of $2.5m, net assets of $3.1m. It reported 7 employees.