Coliseum Museum of Art Antiques and Americana Foundation

Analysis

Coliseum Museum of Art Antiques and Americana Foundation is a registered charity in United States, based in Oregon, IL. It received its IRS tax-exemption ruling in December 2017, 9 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, Coliseum Museum of Art Antiques and Americana Foundation reported income of $55k and spending of $127k, spending 233% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $200 to $55k (+27190%), an average of +27190% a year. The sharpest change came in the year to December 2023, when income rose by 27190%. Over the whole period it spent 325% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Coliseum Museum of Art Antiques and Americana Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include Untermyer Performing Arts Council Inc ($55k), Symphony Doro Rancho Cordova ($55k) and Edinburg Arts Foundation ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $388k against liabilities of $514k, net assets of -$125k.