The Journey

Analysis

The Journey is a registered charity in United States, based in Rapid City, SD. It received its IRS tax-exemption ruling in June 1991, 35 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, The Journey reported income of $730k and spending of $623k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $734k to $730k (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Journey sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within SD. Charities of a similar size with the same main cause include Longview Museum of Fine Arts ($730k), Victory Ship Inc ($730k) and Tom of Finland Foundation Inc ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $78k (12% of expenses). Other salaries and wages came to $167k. At year end it held assets of $722k against liabilities of $69k, net assets of $653k. It reported 18 employees.