Patton Museum Foundation Inc

Analysis

Patton Museum Foundation Inc is a registered charity in United States, based in Fort Knox, KY. It received its IRS tax-exemption ruling in May 1966, 60 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Patton Museum Foundation Inc reported income of $87k and spending of $55k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $28k to $87k (+207%), an average of +75% a year. The sharpest change came in the year to December 2022, when income rose by 261%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Patton Museum Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within KY. Charities of a similar size with the same main cause include Scriptorium Press Inc ($87k), Shaleigh Dance Works ($87k) and Chinese Community Center Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.