Northwest Carriage Museum

Analysis

Northwest Carriage Museum is a registered charity in United States, based in Raymond, WA. It received its IRS tax-exemption ruling in March 2001, 25 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, Northwest Carriage Museum reported income of $176k and spending of $132k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $176k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Carriage Museum sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within WA. Charities of a similar size with the same main cause include Prince Dance Company ($176k), Gaspee Day Committee Inc ($176k) and North Star Boys Choir of Minnesota Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $55k (42% of expenses). Other salaries and wages came to $12k. At year end it held assets of $805k against liabilities of $3,585, net assets of $802k. It reported 6 employees.