Stuhr Museum Foundation

Analysis

Stuhr Museum Foundation is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in June 1981, 45 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stuhr Museum Foundation reported income of $671k and spending of $1.1m, spending 161% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $671k (-42%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stuhr Museum Foundation sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NE. Charities of a similar size with the same main cause include Allen Memorial Home Inc ($670k), Delaware Co Historical Society ($671k) and Highland Park Montessori School Inc ($670k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% of the total. Compensation of current officers, directors and key employees was $70k (6.5% of expenses). Other salaries and wages came to $149k. At year end it held assets of $10.6m against liabilities of $78k, net assets of $10.6m. It reported 7 employees.