Arts, Culture & Humanities
(A500)
IRS Verified
DX Registered
990 on File
VENANGO MUSEUM OF ART SCIENCE AND INDUSTRY
Financial strength (30%)
93/100
Reliability (20%)
81/100
Effectiveness (25%)
43/100
Impact (25%)
50/100
67
CharityAI™ Score
out of 100
Mission Statement
The Venango Museum shares the stories of Venango County and the Oil Region with residents and visitors alike. We preserve the people, places, and objects which shaped the region from the rise of the Oil Industry to the lives of the communities that grew around it. Through exhibits, programs, and local partnerships, we help people understand where they came from, how our region changed the world, and why these stories still matter today.
Financial Overview — FY 2024
$116K
Annual Budget
$179K
Total Revenue
$124K
Total Expenses
$879K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
62.6%
Fundraising Efficiency
36.3%
Operating Reserve
84.89x
Liability-to-Asset
0.1%
Revenue Diversification
72.3%
Executive Compensation
$34K
Compared with Peers
FY 2025
Compared with 7,068 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
This organization's figures are from FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
62.6% | 81.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
31.4% | 13.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
9.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
36.3% | 27.4% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
84.9 mo | 9.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.1% | 1.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
72.3% | 77.2% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
59.7% | 6.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.5% | 5.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
30.5% | 2.4% |
P10P90
|
CharityAI™ Evaluation — 2025
67 / 10093
Financial
81
Reliability
43
Effectiveness
50
Impact
Financial Strength (30%)
93
Reliability & Transparency (20%)
81
Program Effectiveness (25%)
43
Impact & Outcomes (25%)
50
4,000 served annually
1 programs
2 staff
IRS Verified Form 990 on File 85% Data Complete
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Individuals served have a deeper understanding of our area and its historic industrialized success. | 4,000 | — | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $179K | $124K | $879K | 62.6% | 2 |
| 2023 | $112K | $116K | $829K | 53.0% | 2 |
| 2022 | $136K | $102K | $833K | 49.5% | 2 |
| 2021 | $94K | $102K | N/A | — | 2 |
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