Louisiana Political Museum and Hall of Fame Foundation

Analysis

Louisiana Political Museum and Hall of Fame Foundation is a registered charity in United States, based in Winnfield, LA. It received its IRS tax-exemption ruling in February 2013, 13 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, Louisiana Political Museum and Hall of Fame Foundation reported income of $94k and spending of $104k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $74k to $94k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 183%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Louisiana Political Museum and Hall of Fame Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within LA. Charities of a similar size with the same main cause include Friends of the Northern Pacific Depot Ellensburg ($93k), Gulliver Historical Society Inc ($94k) and Friends of Gaineswood Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $154k against liabilities of $54k, net assets of $100k.