FOUNDATION FOR THE READING PUBLIC MUSEUM

FOUNDATION FOR THE READING PUBLIC MUSEUM

Reading, PA, US
501(c)3
EIN
23-2563964

FOUNDATION FOR THE READING PUBLIC MUSEUM

Reading, PA, US
501(c)3
EIN
23-2563964

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$3,988,422

Contributions
45%
Program Services
25%
Other
24%
Investments
5%
Fundraising Events
2%
Government Grants
0%
Membership Dues
0%
Expenses in 2024

$4,265,110

Salaries & Benefits
38%
Other
36%
Depreciation
12%
Offices, Occupancy & IT
7%
Fees to Service Providers
6%
Advertising & Promotion
<1%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$2,095,388
$1,777,614
-15%
Government Grants
$624,949
$0
-100%
Fundraising Events
$66,475
$77,534
+17%
Program Services
$964,975
$987,021
+2%
Membership Dues
$0
$0
-
Investments
$171,417
$207,957
+21%
Other
$544,811
$938,296
+72%
Total Revenues
$4,468,015
$3,988,422
-11%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,471,467
$1,626,978
+11%
Fees to Service Providers
$253,611
$250,748
-1%
Advertising & Promotion
$11,573
$24,437
+111%
Offices, Occupancy & IT
$271,502
$301,834
+11%
Interest
$1,328
$1,473
+11%
Depreciation
$475,577
$510,878
+7%
Other
$940,796
$1,548,762
+65%
Total Expenses
$3,425,854
$4,265,110
+24%
Net income
2023
2024
Change
Net income
+$1,042,161
-$276,688
-127%
Functional Expenses
Summary
2023
2024
Change
Program
$2,904,807
$3,755,232
+29%
Admin
$369,886
$366,794
-1%
Fundraising
$151,161
$143,084
-5%
Total Expenses
$3,425,854
$4,265,110
+24%
Income Statement
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