Kenosha Common Markets Inc

Analysis

Kenosha Common Markets Inc is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kenosha Common Markets Inc reported income of $227k and spending of $213k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $209k to $227k (+8.7%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kenosha Common Markets Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within WI. Charities of a similar size with the same main cause include Esperienza Italia ($227k), Childrens Museum of the Magic Valley Inc ($227k) and Michigan Legacy Art Park ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $51k (24% of expenses). Other salaries and wages came to $23k. At year end it held assets of $118k against liabilities of $313, net assets of $118k. It reported 13 employees.