Kansas Sports Hall of Fame Inc

Analysis

Kansas Sports Hall of Fame Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in October 2002, 24 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 (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, Kansas Sports Hall of Fame Inc reported income of $77k and spending of $93k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $173k to $77k (-55%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kansas Sports Hall of Fame Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KS. Charities of a similar size with the same main cause include St Patrick Celebrations Inc ($77k), Symphony of the Potomac Inc ($77k) and Cumberland Choral Arts ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $16k (17% of expenses). At year end it held assets of $126k against liabilities of $216, net assets of $126k. It reported 1 employees.