Dinsmore Homestead Foundation Inc

Analysis

Dinsmore Homestead Foundation Inc is a registered charity in United States, based in Burlington, KY. It received its IRS tax-exemption ruling in November 1987, 39 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 December 2023, Dinsmore Homestead Foundation Inc reported income of $462k and spending of $137k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $462k (+284%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 712%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dinsmore Homestead Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Juneteenth Festival Inc ($462k), New Orleans Pharmacy Museum Ltd ($462k) and Frederic Remington Art Museum ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 9.9% of the total. Other salaries and wages came to $51k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 3 employees.