Abstract: This is an exact volume dispensing container which comprises a primary storage container for storing liquid and a measuring head having a pour-out spout disposed above the primary storage container, a neck disposed between the primary storage container and the measuring head wherein a modified pour-spout is formed by a barrier molded into one side of the storage container and a drainback hole is interposed through the barrier. When the level of liquid in the measuring head exceeds a preselected amount, the excess liquid pours back into the storage container through the drainback hole, leaving the exact amount of liquid to be dispensed from the measuring head.