Naranjo Museum of Natural History

Analysis

Naranjo Museum of Natural History is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in June 2019, 7 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, Naranjo Museum of Natural History reported income of $1.2m and spending of $179k, leaving 85% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $117k to $1.2m (+906%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 276%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Naranjo Museum of Natural History sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include International Towing and Recovery Hall of Fame and Museum ($1.2m), Frederick Arts Council Inc ($1.2m) and Hershey Region of the Antique Automobile Club of America ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 7.1% of the total. Other salaries and wages came to $89k. At year end it held assets of $1.2m against liabilities of $4,248, net assets of $1.2m. It reported 8 employees.