The John May Museum Center Corporation

Analysis

The John May Museum Center Corporation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in June 1992, 34 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, The John May Museum Center Corporation reported income of $80k and spending of $60k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $80k (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The John May Museum Center Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include Historic Gordonsville Inc ($80k), Actors Net Inc ($80k) and Cave Run Storytelling Festival Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $32k. At year end it held assets of $660k against liabilities of $0, net assets of $660k.