Faulkner Morgan Archive

Analysis

Faulkner Morgan Archive is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Faulkner Morgan Archive reported income of $288k and spending of $301k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $124k to $288k (+133%), an average of +133% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Faulkner Morgan Archive sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KY. Charities of a similar size with the same main cause include Institute for Cultural Evolution ($288k), Lost Railway Museum ($288k) and Manship Artist Residence and Studios Inc ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.3% of the total. Other salaries and wages came to $66k. At year end it held assets of $498k against liabilities of $0, net assets of $498k. It reported 2 employees.