Carnegie Museum Foundation of Jefferson County

Analysis

Carnegie Museum Foundation of Jefferson County is a registered charity in United States, based in Fairfield, IA. It received its IRS tax-exemption ruling in August 2006, 20 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 2024, Carnegie Museum Foundation of Jefferson County reported income of $455k and spending of $506k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $455k (+378%), an average of +48% a year. The sharpest change came in the year to June 2023, when income rose by 253%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carnegie Museum Foundation of Jefferson County sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Houston Maritime Museum ($455k), Advocacy Inc ($455k) and Friends of the Cameo ($455k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. At year end it held assets of $812k against liabilities of $0, net assets of $812k.