Rahr West Art Museum Charitable Foundation Inc

Analysis

Rahr West Art Museum Charitable Foundation Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Rahr West Art Museum Charitable Foundation Inc reported income of $183k and spending of $480k, spending 263% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $183k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 497%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rahr West Art Museum Charitable Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include Pleasant Grove Isd Educationfoundation ($182k), United Way of Southern Illinois ($183k) and Volunteer West Virginia Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.