Henager Family Museum Henagers Memories & Nostalgia

Analysis

Henager Family Museum Henagers Memories & Nostalgia is a registered charity in United States, based in Elberfeld, IN. It received its IRS tax-exemption ruling in July 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 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, Henager Family Museum Henagers Memories & Nostalgia reported income of $464k and spending of $468k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $85k to $464k (+448%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 127%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Henager Family Museum Henagers Memories & Nostalgia sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include The Maestro Foundation ($464k), Columbia Festival Inc ($464k) and Ajkun Ballet Theatre Inc ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.