Museum of the Plains

Analysis

Museum of the Plains is a registered charity in United States, based in Perryton, TX. It received its IRS tax-exemption ruling in May 1976, 50 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, Museum of the Plains reported income of $321k and spending of $235k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $321k (+92%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of the Plains sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Pulliam Community Building Foundation ($321k), Shipyard Trust for the Arts ($321k) and Brooklyn Arts Music Academy ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 0.7% of the total. Other salaries and wages came to $97k. At year end it held assets of $1.2m against liabilities of $2,828, net assets of $1.2m. It reported 6 employees.