Laura Ingalls Wilder Museum & Tourist Center

Analysis

Laura Ingalls Wilder Museum & Tourist Center is a registered charity in United States, based in Walnut Grove, MN. It received its IRS tax-exemption ruling in May 1981, 45 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 suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Laura Ingalls Wilder Museum & Tourist Center reported income of $229k and spending of $235k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $309k to $229k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2021, when income rose by 514%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Laura Ingalls Wilder Museum & Tourist Center sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Young Preservationists Association of Pittsburgh ($229k), Elkhart Civic Theatre Inc ($229k) and Artists Alliance Studio School Ofsugar Land ($229k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.2% and program service revenue 49% of the total. Other salaries and wages came to $84k. At year end it held assets of $767k against liabilities of $1,436, net assets of $766k. It reported 16 employees.