Museum of World Treasures Inc

Analysis

Museum of World Treasures Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in June 2001, 25 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, Museum of World Treasures Inc reported income of $810k and spending of $537k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $810k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of World Treasures Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KS. Charities of a similar size with the same main cause include Uptown Players Inc ($810k), Nikkei Heritage Association of Washington ($810k) and Immersion for Spanish Language Acquisition ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $53k (9.9% of expenses). Other salaries and wages came to $260k. At year end it held assets of $11.8m against liabilities of $5,018, net assets of $11.8m. It reported 22 employees.