Great Plains Transportation Museum Inc

Analysis

Great Plains Transportation Museum Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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, Great Plains Transportation Museum Inc reported income of $78k and spending of $60k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $78k (+129%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Plains Transportation Museum Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KS. Charities of a similar size with the same main cause include Our Mission Guided by Faith Foundation ($78k), Northumberland County Historical Society Inc ($78k) and Virginia Congress of Parents and Teachers ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $547k against liabilities of $25k, net assets of $522k.