Archer County Museum & Arts Center Inc

Analysis

Archer County Museum & Arts Center Inc is a registered charity in United States, based in Archer City, TX. It received its IRS tax-exemption ruling in July 2020, 6 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, Archer County Museum & Arts Center Inc reported income of $145k and spending of $126k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $145k (+181%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 181%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Archer County Museum & Arts Center Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Friends of Happy Retreat Inc ($145k), Liberated Ethnic Studies Model Curriculum Consortium ($145k) and Actors Center Inc ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.2% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.