Center for Railroad Photography & Art Endowment

Analysis

Center for Railroad Photography & Art Endowment is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in December 2015, 11 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Railroad Photography & Art Endowment reported income of $1.1m and spending of $279k, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $1.1m (+401%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 516%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Railroad Photography & Art Endowment sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Center for Traditional Music and Dance Inc ($1.1m), Center for the Arts at Ithaca Inc ($1.1m) and Washington Heritage Museums ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $3.6m against liabilities of $11k, net assets of $3.6m.