Vernon Filley Art Museum Foundation

Analysis

Vernon Filley Art Museum Foundation is a registered charity in United States, based in Pratt, KS. It received its IRS tax-exemption ruling in November 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 March 2023, Vernon Filley Art Museum Foundation reported income of $202k and spending of $218k, spending 108% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $180k to $202k (+12%), an average of +3.8% a year. The sharpest change came in the year to March 2021, when income rose by 85%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vernon Filley Art Museum Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within KS. Charities of a similar size with the same main cause include Walnut Grove Cultural Center Inc ($202k), United States Distance Learning Association ($202k) and Baroque Music Montana Inc ($201k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Other salaries and wages came to $67k. At year end it held assets of $1.7m against liabilities of $1,925, net assets of $1.7m. It reported 4 employees.