Kenosha Public Museums Foundtion Inc

Analysis

Kenosha Public Museums Foundtion Inc is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in August 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kenosha Public Museums Foundtion Inc reported income of $2.6m and spending of $408k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $2.6m (+877%), an average of +77% a year. The sharpest change came in the year to December 2020, when income rose by 156%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kenosha Public Museums Foundtion Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WI. Charities of a similar size with the same main cause include Connecticut Aeronautical Historical Association ($2.6m), Concrete Advancement Foundation Inc ($2.6m) and Boise Philharmonic Association Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% of the total. At year end it held assets of $11.2m against liabilities of $356k, net assets of $10.8m.