Friends of Kwmu Inc

Analysis

Friends of Kwmu Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2024, Friends of Kwmu Inc reported income of $100k and spending of $114k, spending 114% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $109k to $100k (-8.0%), an average of -1.6% a year. The sharpest change came in the year to June 2024, when income rose by 228%. Over the whole period it spent 142% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Kwmu Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within MO. Charities of a similar size with the same main cause include Cycropia Aerial Dance ($100k), East Coast Cultural Association Inc ($100k) and Arts United Inc ($100k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.