Plymouth County Historical Museum

Analysis

Plymouth County Historical Museum is a registered charity in United States, based in Le Mars, IA. It received its IRS tax-exemption ruling in December 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Plymouth County Historical Museum reported income of $280k and spending of $256k, spending 91% of its income. Across the 5 years on record, from April 2020 to December 2023, income grew from $155k to $280k (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Plymouth County Historical Museum sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within IA. Charities of a similar size with the same main cause include Watauga Valley Railroad Historical Society & Museum Inc ($280k), Fiesta 2003 ($280k) and Korean American Association and Community Center of Houston ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 13% of the total. Other salaries and wages came to $78k. At year end it held assets of $1.3m against liabilities of $502, net assets of $1.3m. It reported 5 employees.