Rayes Mustard Mil Museum

Analysis

Rayes Mustard Mil Museum is a registered charity in United States, based in Eastport, ME. It received its IRS tax-exemption ruling in September 2018, 8 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, Rayes Mustard Mil Museum reported income of $325k and spending of $264k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $319k to $325k (+1.9%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rayes Mustard Mil Museum sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 58th percentile within ME. Charities of a similar size with the same main cause include California State Band Championships ($325k), Oceanarium and Education Center ($325k) and Mount Desert Festival of Chamber Music Inc ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $389k against liabilities of $36k, net assets of $353k.