Legacy of the Plains

Analysis

Legacy of the Plains is a registered charity in United States, based in Gering, NE. It received its IRS tax-exemption ruling in February 1995, 31 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, Legacy of the Plains reported income of $520k and spending of $468k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $520k (+89%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 198%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Legacy of the Plains sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NE. Charities of a similar size with the same main cause include North Andover Community Access and Media Inc ($520k), Childrens Museum of Jacksonville ($520k) and Denver March Powwow Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $61k (13% of expenses). Other salaries and wages came to $70k. At year end it held assets of $5.7m against liabilities of $94k, net assets of $5.6m. It reported 5 employees.