Coopersville Farm Museum Inc

Analysis

Coopersville Farm Museum Inc is a registered charity in United States, based in Coopersville, MI. It received its IRS tax-exemption ruling in March 2006, 20 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, Coopersville Farm Museum Inc reported income of $131k and spending of $112k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $142k to $131k (-7.7%), an average of -2.0% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coopersville Farm Museum Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Brown Grand Opera House Inc ($131k), Army Transportation Museum Foundation ($131k) and Partnership for the Performing Arts ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 36% of the total. Other salaries and wages came to $52k. At year end it held assets of $937k against liabilities of -$635, net assets of $938k. It reported 6 employees.