Kingman Museum Inc

Analysis

Kingman Museum Inc is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in February 2003, 23 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 June 2021, Kingman Museum Inc reported income of $206k and spending of $184k, spending 90% of its income. Across the 3 years on record, from June 2019 to June 2021, income fell from $321k to $206k (-36%), an average of -20% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kingman Museum Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Villa Terrace Museum and Gardens Ltd ($206k), Pufferbelly Junction Inc ($206k) and C T Vivian Foundation Inc ($206k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $48k (26% of expenses). Other salaries and wages came to $34k. At year end it held assets of $48k against liabilities of $2,566, net assets of $46k. It reported 12 employees.