Wentworth Military Academy Museum Inc

Analysis

Wentworth Military Academy Museum Inc is a registered charity in United States, based in Lexington, MO. 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 (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, Wentworth Military Academy Museum Inc reported income of $231k and spending of $590k, spending 256% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $362k to $231k (-36%), an average of -11% a year. The sharpest change came in the year to December 2022, when income rose by 205%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wentworth Military Academy Museum Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within MO. Charities of a similar size with the same main cause include North Carolina Association for the Gifted and Talented Incorporated N ($231k), Theatre B ($231k) and Roswell Museum and Art Center Foundation ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 1.0% of the total. Other salaries and wages came to $14k. At year end it held assets of $562k against liabilities of $202, net assets of $562k. It reported 1 employees.