Sioux City Museum & Historical Association

Analysis

Sioux City Museum & Historical Association is a registered charity in United States, based in Sioux City, IA. It received its IRS tax-exemption ruling in July 1968, 58 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 June 2024, Sioux City Museum & Historical Association reported income of $151k and spending of $141k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $112k to $151k (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sioux City Museum & Historical Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within IA. Charities of a similar size with the same main cause include Center for Documentary Expression and Art ($151k), Shapeshifter Plus Inc ($151k) and 29 Bellevue Avenue Foundation Inc ($151k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 0.7% of the total. Other salaries and wages came to $42k. At year end it held assets of $358k against liabilities of $2,173, net assets of $356k. It reported 6 employees.