Camp Five Museum Foundation Inc

Analysis

Camp Five Museum Foundation Inc is a registered charity in United States, based in Laona, WI. It received its IRS tax-exemption ruling in December 1976, 50 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, Camp Five Museum Foundation Inc reported income of $234k and spending of $517k, spending 221% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $234k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2022, when income rose by 377%. Over the whole period it spent 137% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Camp Five Museum Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Grand Mesa Arts & Events Center Inc ($234k), Thames Valley Music School ($234k) and Southern Communication Volunteers Inc ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $26k (4.9% of expenses). Other salaries and wages came to $207k. At year end it held assets of $1.2m against liabilities of $29k, net assets of $1.1m. It reported 38 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.