Western Illinois Museum

Analysis

Western Illinois Museum is a registered charity in United States, based in Macomb, IL. It received its IRS tax-exemption ruling in October 2001, 25 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, Western Illinois Museum reported income of $162k and spending of $91k, leaving 44% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $223k to $162k (-27%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Western Illinois Museum sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Harper Hill Global Inc ($162k), Old State Capitol Foundation Inc ($162k) and Alleghany Highlands Arts and Crafts Center Inc ($162k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 5.5% of the total. At year end it held assets of $402k against liabilities of $0, net assets of $402k.