Masquers Inc

Analysis

Masquers Inc is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in October 1944, 82 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 June 2024, Masquers Inc reported income of $138k and spending of $116k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $113k to $138k (+22%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 22%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Masquers Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within WI. Charities of a similar size with the same main cause include Pahoa Lava Zone Museum ($138k), Do Good Fund Inc ($138k) and City College Center for the Arts ($138k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 59% of the total. At year end it held assets of $292k against liabilities of $5,293, net assets of $287k.