Garibaldi Museum Inc

Analysis

Garibaldi Museum Inc is a registered charity in United States, based in Garibaldi, OR. It received its IRS tax-exemption ruling in April 1987, 39 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, Garibaldi Museum Inc reported income of $89k and spending of $113k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $343k to $89k (-74%), an average of -29% a year. The sharpest change came in the year to December 2022, when income dropped by 78%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Garibaldi Museum Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within OR. Charities of a similar size with the same main cause include New Light Theatre Company ($89k), Almasi Arts Alliance ($89k) and Braddocks Battlefield History Center Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 10% of the total. Other salaries and wages came to $52k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 1 employees.