Museum of Northwest Art

Analysis

Museum of Northwest Art is a registered charity in United States, based in LA Conner, WA. It received its IRS tax-exemption ruling in March 1984, 42 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, Museum of Northwest Art reported income of $929k and spending of $910k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $649k to $929k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Northwest Art sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Gullah-Geechee Cultural Heritage Corridor Commission ($929k), Garry Marshall Theatre ($930k) and Alliance for Women in Media FDN Inc ($929k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $129k (14% of expenses). Other salaries and wages came to $442k. At year end it held assets of $2.5m against liabilities of $650k, net assets of $1.8m. It reported 16 employees.