Imperial Calcasieu Museum Inc

Analysis

Imperial Calcasieu Museum Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in February 1965, 61 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, Imperial Calcasieu Museum Inc reported income of $254k and spending of $302k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $254k (+35%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Imperial Calcasieu Museum Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within LA. Charities of a similar size with the same main cause include Ncobps Inc ($253k), Museum of the San Ramon Valley ($254k) and Lincoln Crossroads Festival ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $50k (17% of expenses). Other salaries and wages came to $71k. At year end it held assets of $162k against liabilities of $60k, net assets of $103k.