Wheels Across the Prairie Museum

Analysis

Wheels Across the Prairie Museum is a registered charity in United States, based in Tracy, MN. It received its IRS tax-exemption ruling in August 1978, 48 years ago. 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, Wheels Across the Prairie Museum reported income of $198k and spending of $80k, leaving 60% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $203k to $198k (-2.6%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wheels Across the Prairie Museum sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($198k), Learning Institute for Elders at University of Central Florida Inc ($198k) and Downtown Wadsworth Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 1.1% of the total. Other salaries and wages came to $11k. At year end it held assets of $963k against liabilities of $387, net assets of $962k. It reported 3 employees.