Vermilion County War Museum Society

Analysis

Vermilion County War Museum Society is a registered charity in United States, based in Danville, IL. It received its IRS tax-exemption ruling in August 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, Vermilion County War Museum Society reported income of $129k and spending of $58k, leaving 55% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $63k to $129k (+106%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vermilion County War Museum Society sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within IL. Charities of a similar size with the same main cause include Wassenberg Art Center Association ($129k), Oberlin Choristers ($129k) and Liberty Jump Team Inc ($129k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $519k against liabilities of $0, net assets of $519k. It reported 1 employees.