Wakefield Museum Association Inc

Analysis

Wakefield Museum Association Inc is a registered charity in United States, based in Wakefield, KS. It received its IRS tax-exemption ruling in January 1974, 52 years ago. 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, Wakefield Museum Association Inc reported income of $71k and spending of $33k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $70k to $71k (+1.7%), an average of +0.6% a year. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wakefield Museum Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within KS. Charities of a similar size with the same main cause include Residential Options Inc ($71k), Schroeder Area Historical Society ($71k) and Mt Calvary Foundation Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 4.4% of the total. Other salaries and wages came to $1,512. At year end it held assets of $636k against liabilities of $44, net assets of $636k. It reported 1 employees.