Winnebago Area Museum

Analysis

Winnebago Area Museum is a registered charity in United States, based in Winnebago, MN. It received its IRS tax-exemption ruling in November 1979, 47 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 June 2023, Winnebago Area Museum reported income of $55k and spending of $40k, leaving 28% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $37k to $55k (+50%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 1143%. Over the whole period it spent 24% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Winnebago Area Museum sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Lorain Lighthouse Foundation Inc ($55k), Jr Falcons Football Club Inc ($55k) and Society for Implementation Research Collaboration ($55k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $688k against liabilities of $0, net assets of $688k.