Clausen Memorial Museum

Analysis

Clausen Memorial Museum is a registered charity in United States, based in Petersburg, AK. It received its IRS tax-exemption ruling in July 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 June 2022, Clausen Memorial Museum reported income of $67k and spending of $82k, spending 122% of what it took in. Across the 2 years on record, from June 2021 to June 2022, income fell from $92k to $67k (-27%), an average of -27% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Clausen Memorial Museum sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within AK. Charities of a similar size with the same main cause include Diversity in Arts and Nations for Cultural Education Inc ($67k), Lemur Love Inc ($67k) and Austin Script Works ($67k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 92% and program service revenue 2.7% of the total. Other salaries and wages came to $54k. At year end it held assets of $269k against liabilities of $0, net assets of $269k. It reported 2 employees.