Chisholm Trail Heritage Museum Inc
Analysis
Chisholm Trail Heritage Museum Inc is a registered charity in United States, based in Cuero, TX. It received its IRS tax-exemption ruling in March 2001, 25 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, Chisholm Trail Heritage Museum Inc reported income of $1.5m and spending of $890k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $401k to $1.5m (+280%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 295%. Over the whole period it spent 38% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chisholm Trail Heritage Museum Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Wheelwright Museum of the American Indian ($1.5m), Springfield Museum of Art ($1.5m) and Unreported Story Society ($1.5m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $58k (6.5% of expenses). Other salaries and wages came to $105k. At year end it held assets of $12.5m against liabilities of $310k, net assets of $12.2m. It reported 13 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 3.2%
- Other 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wheelwright Museum of the American Indian | Santa Fe | $1.5m |
| Springfield Museum of Art | Springfield | $1.5m |
| Unreported Story Society | Washington | $1.5m |
| Jacksonville Historic Naval Ship Association Inc | Jacksonville | $1.5m |