Albrecht-Kemper Museum of Art

Analysis

Albrecht-Kemper Museum of Art is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in December 1948, 78 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, Albrecht-Kemper Museum of Art reported income of $929k and spending of $734k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $546k to $929k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Albrecht-Kemper Museum of Art sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include Opera House Theatre Company Inc ($929k), Alliance for Women in Media FDN Inc ($929k) and Nickerson-Rossi Dance ($929k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 6.4% of the total. Other salaries and wages came to $229k. At year end it held assets of $7.7m against liabilities of $3,383, net assets of $7.7m. It reported 22 employees.