Friends of the Geology Museum University of Wisconsin Madison in

Analysis

Friends of the Geology Museum University of Wisconsin Madison in is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in December 1988, 38 years ago. 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, Friends of the Geology Museum University of Wisconsin Madison in reported income of $59k and spending of $25k, leaving 57% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $46k to $59k (+28%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Geology Museum University of Wisconsin Madison in sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Meadowlark Christian School ($59k), Little League Baseball Inc ($59k) and North American Mycological Assn ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $573k against liabilities of $0, net assets of $573k.