Tri-State Museum Foundation

Analysis

Tri-State Museum Foundation is a registered charity in United States, based in Belle Fourche, SD. It received its IRS tax-exemption ruling in December 2004, 22 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, Tri-State Museum Foundation reported income of $75k and spending of $450, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $9,670 to $75k (+675%), an average of +675% a year. The sharpest change came in the year to December 2023, when income rose by 675%. Over the whole period it spent 1.0% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tri-State Museum Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 23rd percentile within SD. Charities of a similar size with the same main cause include Morristown Gateway Museum ($75k), Raton Arts & Humanities Council Inc ($75k) and Sanctuary for Sustainable Artistry ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $327k against liabilities of $0, net assets of $327k.