Valdez Museum and Historical Archive Association Incorporated

Analysis

Valdez Museum and Historical Archive Association Incorporated is a registered charity in United States, based in Valdez, AK. It received its IRS tax-exemption ruling in December 1996, 30 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, Valdez Museum and Historical Archive Association Incorporated reported income of $785k and spending of $683k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $663k to $785k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Valdez Museum and Historical Archive Association Incorporated sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within AK. Charities of a similar size with the same main cause include David Warther Carvings ($785k), Museum of Jurassic Technology ($785k) and Desert Stages Inc ($785k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $408k (60% of expenses). Other salaries and wages came to $28k. At year end it held assets of $535k against liabilities of $64k, net assets of $472k. It reported 15 employees.