Museum of North Idaho Inc

Analysis

Museum of North Idaho Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in March 1972, 54 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, Museum of North Idaho Inc reported income of $912k and spending of $310k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $365k to $912k (+150%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 32% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of North Idaho Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within ID. Charities of a similar size with the same main cause include Greatnonprofits ($912k), Hancock County Performing Arts Center Foundation ($912k) and Youth FX Inc ($911k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $76k (24% of expenses). Other salaries and wages came to $104k. It paid $29k in professional fundraising fees. At year end it held assets of $3.3m against liabilities of $2,380, net assets of $3.3m. It reported 6 employees.