Riddle House Museum

Analysis

Riddle House Museum is a registered charity in United States, based in Lowell, MI. 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, Riddle House Museum reported income of $569k and spending of $567k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $569k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Riddle House Museum sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Phoenix Mens Arts Council ($569k), St Johnsbury Athenaeum Inc ($569k) and Aapi Montclair Inc ($569k).

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 $1.8m against liabilities of $0, net assets of $1.8m.