Colorado Territorial Prison Museum Foundation Inc

Analysis

Colorado Territorial Prison Museum Foundation Inc is a registered charity in United States, based in Canon City, CO. It received its IRS tax-exemption ruling in July 1988, 38 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 May 2023, Colorado Territorial Prison Museum Foundation Inc reported income of $216k and spending of $201k, spending 93% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $206k to $216k (+4.7%), an average of +1.2% a year. The sharpest change came in the year to May 2021, when income rose by 48%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Colorado Territorial Prison Museum Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Sonoma Childrens Creative & Performing Arts ($216k), Umatilla County Historical Society ($216k) and Homewood Science Center ($216k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 81% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $104k (52% of expenses). At year end it held assets of $300k against liabilities of $13k, net assets of $287k. It reported 11 employees.