International Monster Truck Museum and Hall of Fame Incorporated

Analysis

International Monster Truck Museum and Hall of Fame Incorporated is a registered charity in United States, based in Auburn, IN. It received its IRS tax-exemption ruling in April 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, International Monster Truck Museum and Hall of Fame Incorporated reported income of $167k and spending of $173k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $221k to $167k (-25%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Monster Truck Museum and Hall of Fame Incorporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Amherst Downtown & Betterment Association ($167k), A Texas Turn or Two Inc ($167k) and Essence Theatre-Studio ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $373k against liabilities of $244k, net assets of $129k.