Peoria Riverfront Museum Foundation

Analysis

Peoria Riverfront Museum Foundation is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in August 1998, 28 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Peoria Riverfront Museum Foundation reported income of $2.4m and spending of $633k, leaving 74% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $682k to $2.4m (+254%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 400%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peoria Riverfront Museum Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Miami Broward One Carnival Host Committee Inc ($2.4m), Bruce Springsteen Archives and Center for American Music Corporat ($2.4m) and Universal Hip Hop Museum ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $14.6m against liabilities of $0, net assets of $14.6m.