Gordon Parks Museum Foundation

Analysis

Gordon Parks Museum Foundation is a registered charity in United States, based in Fort Scott, KS. It received its IRS tax-exemption ruling in December 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gordon Parks Museum Foundation reported income of $73k and spending of $49k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $73k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Gordon Parks Museum Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KS. Charities of a similar size with the same main cause include Pittsburgh Savoyards Inc ($73k), Old Sewickley Post Office Corporation ($73k) and San Diego Performing Arts League ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $0, net assets of $51k.