Douglas G Bast Museum of History and Preservation Inc

Analysis

Douglas G Bast Museum of History and Preservation Inc is a registered charity in United States, based in Boonsboro, MD. It received its IRS tax-exemption ruling in January 2022, 4 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, Douglas G Bast Museum of History and Preservation Inc reported income of $56k and spending of $96k, spending 170% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.7m to $56k (-97%), an average of -97% a year. The sharpest change came in the year to December 2023, when income dropped by 97%. Over the whole period it spent 9.7% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Douglas G Bast Museum of History and Preservation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within MD. Charities of a similar size with the same main cause include Missouri Archaeological Society Inc University of Missouri ($56k), Youth Ensemble of Atlanta Inc ($56k) and Simmons Stable Preservation Fund ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.