Wornall-Majors House Museums Inc

Analysis

Wornall-Majors House Museums Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in November 1999, 27 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, Wornall-Majors House Museums Inc reported income of $240k and spending of $251k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $387k to $240k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 39%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wornall-Majors House Museums Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MO. Charities of a similar size with the same main cause include Play Sharity Foundation ($240k), Haywood Hall Committee ($240k) and Garrett Lakes Art Festival Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 8.0% of the total. Compensation of current officers, directors and key employees was $83k (33% of expenses). Other salaries and wages came to $51k. At year end it held assets of $1.4m against liabilities of $11k, net assets of $1.4m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.