Prairieland Heritage Museum Institute

Analysis

Prairieland Heritage Museum Institute is a registered charity in United States, based in Jacksonville, IL. It received its IRS tax-exemption ruling in March 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Prairieland Heritage Museum Institute reported income of $198k and spending of $222k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $198k (+3.6%), an average of +0.9% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prairieland Heritage Museum Institute sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Green Lawn Cemetery Foundation Inc ($198k), Kerala Association of New Jersey ($198k) and Austin Music Foundation Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. At year end it held assets of $928k against liabilities of $3,053, net assets of $925k.