Lincoln Scottish Rite Reservation Foundation

Analysis

Lincoln Scottish Rite Reservation Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in May 1994, 32 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, Lincoln Scottish Rite Reservation Foundation reported income of $61k and spending of $57k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $61k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2021, when income rose by 238%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lincoln Scottish Rite Reservation Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within NE. Charities of a similar size with the same main cause include Forge Theatre Inc ($61k), Ocean Hills Journalism Club ($61k) and Art for Progress Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $668k against liabilities of $8,665, net assets of $660k.