American Hop Museum

Analysis

American Hop Museum is a registered charity in United States, based in Toppenish, WA. It received its IRS tax-exemption ruling in June 1994, 32 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, American Hop Museum reported income of $94k and spending of $73k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $94k (+91%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Hop Museum sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 31st percentile within WA. Charities of a similar size with the same main cause include Creative Artists Studios of Ames Inc ($94k), Arts on Division a NJ Nonprofit Corporation ($94k) and St Dunstans Guild of Cranbrook Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $400k against liabilities of $2,014, net assets of $398k.