National Cowboy and Western Heritage Museum Inc

Analysis

National Cowboy and Western Heritage Museum Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 2005, 21 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, National Cowboy and Western Heritage Museum Inc reported income of $23.7m and spending of $12.5m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.7m to $23.7m (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Cowboy and Western Heritage Museum Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include Adventist Home Health Services Inc ($23.7m), Central Catholic High School Inc ($23.8m) and The Foundation of the University of North Carolina at Charlotte Inc ($23.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $723k (5.8% of expenses). Other salaries and wages came to $4.7m. It paid $92k in professional fundraising fees. At year end it held assets of $121.6m against liabilities of $2.4m, net assets of $119.2m. It reported 153 employees.