The Art Museum of Eastern Idaho Inc

Analysis

The Art Museum of Eastern Idaho Inc is a registered charity in United States, based in Idaho Falls, ID. It received its IRS tax-exemption ruling in November 2002, 24 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 June 2024, The Art Museum of Eastern Idaho Inc reported income of $449k and spending of $367k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $231k to $449k (+95%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 79%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Art Museum of Eastern Idaho Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within ID. Charities of a similar size with the same main cause include Ballet Works Inc ($448k), Basque Foundation Inc ($449k) and El Museo Cultural de Santa Fe ($448k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $64k (17% of expenses). Other salaries and wages came to $159k. At year end it held assets of $889k against liabilities of $55k, net assets of $834k. It reported 8 employees.