Castle Museum

Analysis

Castle Museum is a registered charity in United States, based in Marietta, OH. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Castle Museum reported income of $347k and spending of $309k, spending 89% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $351k to $347k (-1.1%), an average of -1.1% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Castle Museum sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Entreamigos ($347k), Pioneer Arizona Foundation ($347k) and Gingold Theatrical Group ($347k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 19% of the total. Compensation of current officers, directors and key employees was $194k (63% of expenses). At year end it held assets of $2.6m against liabilities of $7,787, net assets of $2.6m. It reported 8 employees.