Homesteaders Museum Assn Inc

Analysis

Homesteaders Museum Assn Inc is a registered charity in United States, based in Powell, WY. It received its IRS tax-exemption ruling in September 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, Homesteaders Museum Assn Inc reported income of $53k and spending of $20k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2018 to December 2023, income grew from $1,800 to $53k (+2863%), an average of +2863% a year. The sharpest change came in the year to December 2023, when income rose by 2863%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Homesteaders Museum Assn Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 16th percentile within WY. Charities of a similar size with the same main cause include Dickinson Theatre Organ Soc Inc ($53k), Greenville Shakespeare Company ($53k) and Birmingham Artwalk Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 11% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.