Gammelgarden Museum of Scandia

Analysis

Gammelgarden Museum of Scandia is a registered charity in United States, based in Scandia, MN. It received its IRS tax-exemption ruling in June 2023, 3 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 2023, Gammelgarden Museum of Scandia reported income of $303k and spending of $221k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $303k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gammelgarden Museum of Scandia sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Bessemer Historical Society Inc ($303k), Golden Age Air Museum ($303k) and Christkindlmarkt SLC ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $23k (11% of expenses). Other salaries and wages came to $34k. At year end it held assets of $418k against liabilities of $30k, net assets of $388k. It reported 6 employees.