Friends of the Missouri Governors Mansion

Analysis

Friends of the Missouri Governors Mansion is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in April 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of the Missouri Governors Mansion reported income of $243k and spending of $192k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $246k to $243k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Missouri Governors Mansion sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within MO. Charities of a similar size with the same main cause include Friends of the Leon County Public Library Inc ($243k), Pennsylvania Chamber of Business & Industry Educational Foundation ($243k) and Union R-X1 School District Foundation Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $75k (39% of expenses). Other salaries and wages came to $29k. At year end it held assets of $472k against liabilities of $0, net assets of $472k. It reported 2 employees.