Museums of Prophetstown Inc

Analysis

Museums of Prophetstown Inc is a registered charity in United States, based in Battle Ground, IN. It received its IRS tax-exemption ruling in January 1996, 30 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, Museums of Prophetstown Inc reported income of $845k and spending of $531k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $460k to $845k (+84%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museums of Prophetstown Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Johnstown Symphony Orchestra ($845k), Salt Marsh Opera Company ($845k) and 1014 Inc ($845k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 5.4% of the total. Other salaries and wages came to $258k. At year end it held assets of $1.2m against liabilities of $37k, net assets of $1.2m.