Taos Historic Museums Inc

Analysis

Taos Historic Museums Inc is a registered charity in United States, based in Taos, NM. It received its IRS tax-exemption ruling in April 1959, 67 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, Taos Historic Museums Inc reported income of $171k and spending of $195k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $171k (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taos Historic Museums Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within NM. Charities of a similar size with the same main cause include Arts Hancock County Mississippi ($171k), Frederick Douglass Familyfoundation Inc ($172k) and Zintkala Luta ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 47% of the total. Other salaries and wages came to $66k. At year end it held assets of $486k against liabilities of $3,599, net assets of $483k. It reported 5 employees.