Harriet Tubman Museum of Cape May

Analysis

Harriet Tubman Museum of Cape May is a registered charity in United States, based in Cape May, NJ. It received its IRS tax-exemption ruling in March 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 2021, Harriet Tubman Museum of Cape May reported income of $278k and spending of $184k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $175k to $278k (+59%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harriet Tubman Museum of Cape May sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Wyck Association ($278k), Latchis Arts Inc ($278k) and Green Lake Festival of Music ($278k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $42k. At year end it held assets of $340k against liabilities of $1,403, net assets of $339k. It reported 8 employees.