New Museum at the Bradford Brinton Ranch

Analysis

New Museum at the Bradford Brinton Ranch is a registered charity in United States, based in Big Horn, WY. It received its IRS tax-exemption ruling in June 2012, 14 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, New Museum at the Bradford Brinton Ranch reported income of $3.1m and spending of $3.5m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Museum at the Bradford Brinton Ranch sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 93rd percentile within WY. Charities of a similar size with the same main cause include Arts for Healing and Justice Network ($3.1m), Connecticut Public Affairs Network Inc ($3.1m) and Maltz Museum of Jewish Heritage ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $296k (8.6% of expenses). Other salaries and wages came to $974k. At year end it held assets of $20.9m against liabilities of $151k, net assets of $20.7m. It reported 57 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.