Frederic Remington Art Museum Foundation

Analysis

Frederic Remington Art Museum Foundation is a registered charity in United States, based in Ogdensburg, NY. 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, Frederic Remington Art Museum Foundation reported income of $135k and spending of $167k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $135k (+84%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 63%. Over the whole period it spent 136% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frederic Remington Art Museum Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Bond Street Theatre Coalition Ltd ($135k), Van Wert Civic Theatre Inc ($135k) and Olympia Lamplighters ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $1.4m against liabilities of $1,943, net assets of $1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.