Millicent Rogers Museum Inc

Analysis

Millicent Rogers Museum Inc is a registered charity in United States, based in Taos, NM. It received its IRS tax-exemption ruling in July 1979, 47 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 December 2023, Millicent Rogers Museum Inc reported income of $1.0m and spending of $1.2m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $620k to $1.0m (+64%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Millicent Rogers Museum Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NM. Charities of a similar size with the same main cause include Live Arts Inc ($1.0m), Fort Bend Childrens Discovery Center LLC ($1.0m) and Arts Education in Maryland Schools Alliance Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 76% of the total. Other salaries and wages came to $404k. At year end it held assets of $2.2m against liabilities of $191k, net assets of $2.0m. It reported 12 employees.