Turner Hall of Monroe Inc

Analysis

Turner Hall of Monroe Inc is a registered charity in United States, based in Monroe, WI. It received its IRS tax-exemption ruling in October 1996, 30 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, Turner Hall of Monroe Inc reported income of $325k and spending of $353k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $449k to $325k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Turner Hall of Monroe Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Music Before 1800 Inc ($325k), Walkgood Inc ($325k) and Dai Dao Tam Ky Pho Do - Toa Thanh Tay Ninh - Chau Dao California ($325k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 1.3% of the total. Other salaries and wages came to $207k. At year end it held assets of $908k against liabilities of $12k, net assets of $896k. It reported 42 employees.