Great Plains Black Museum and Interpretive Center Inc

Analysis

Great Plains Black Museum and Interpretive Center Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in June 1975, 51 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 Black Museum and Interpretive Center Inc reported income of $153k and spending of $128k, spending 83% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $243k to $153k (-37%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Great Plains Black Museum and Interpretive Center Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within NE. Charities of a similar size with the same main cause include Livermore Heritage Guild ($153k), Brooklyn Pre-School Inc ($153k) and National Association of Housing & Redevelopment Officials ($153k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $65k (51% of expenses). Other salaries and wages came to $5,843. At year end it held assets of $357k against liabilities of $2,644, net assets of $354k. It reported 2 employees.