Agricultural Hall of Fame

Analysis

Agricultural Hall of Fame is a registered charity in United States, based in Bonner SPGS, KS. It received its IRS tax-exemption ruling in January 1959, 67 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, Agricultural Hall of Fame reported income of $334k and spending of $225k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $334k (+134%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 173%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Agricultural Hall of Fame sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within KS. Charities of a similar size with the same main cause include The Society of American Military Engineers Foundation ($334k), Fort Des Moines Museum and Education Center ($334k) and Spark Museum of Electrical Invention ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 31% of the total. Other salaries and wages came to $13k. At year end it held assets of $4.1m against liabilities of $166k, net assets of $3.9m. It reported 2 employees.