Mabee-Gerrer Museum of Art Inc

Analysis

Mabee-Gerrer Museum of Art Inc is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in June 1992, 34 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 2023, Mabee-Gerrer Museum of Art Inc reported income of $907k and spending of $577k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $411k to $907k (+121%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 134%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mabee-Gerrer Museum of Art Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within OK. Charities of a similar size with the same main cause include Red River Film Society Inc ($907k), Liga Estudiantes de Arte de San Juan Inc P O Box 5181 ($907k) and Sunflower Creative Arts Inc ($906k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $93k (16% of expenses). Other salaries and wages came to $222k. At year end it held assets of $1.6m against liabilities of $976, net assets of $1.6m. It reported 14 employees.