Global Village Museum of Arts and Cultures

Analysis

Global Village Museum of Arts and Cultures is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in June 2007, 19 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 December 2023, Global Village Museum of Arts and Cultures reported income of $357k and spending of $236k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $357k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Global Village Museum of Arts and Cultures sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Houston Aeronautical Heritage Society Inc ($357k), The Miami Center for Racial Justice Inc ($357k) and American Computer Museum Ltd ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $17k (7.2% of expenses). Other salaries and wages came to $78k. At year end it held assets of $560k against liabilities of $4,663, net assets of $555k. It reported 4 employees.