Museum of Durham History Inc

Analysis

Museum of Durham History Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in June 2009, 17 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 2023, Museum of Durham History Inc reported income of $346k and spending of $450k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $962k to $346k (-64%), an average of -23% a year. The sharpest change came in the year to June 2020, when income dropped by 48%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Durham History Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include Vox Populi Inc ($346k), Musiqa ($346k) and Boca Grande Art Center Inc ($346k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $188k. At year end it held assets of $235k against liabilities of $8,776, net assets of $226k. It reported 6 employees.