Museum of Prairiefire Foundation

Analysis

Museum of Prairiefire Foundation is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in April 2010, 16 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 Prairiefire Foundation reported income of $927k and spending of $1.8m, spending 190% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $927k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 145% 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 Prairiefire Foundation 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 79th percentile within KS. Charities of a similar size with the same main cause include Theater Wit NFP ($927k), Pendragon Inc ($927k) and Friends of the Railroad Museum of Pennsylvania ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $132k (7.5% of expenses). Other salaries and wages came to $403k. At year end it held assets of $19.5m against liabilities of $4.4m, net assets of $15.1m. It reported 35 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.