Nicolaysen Art Museum

Analysis

Nicolaysen Art Museum is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in September 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 June 2024, Nicolaysen Art Museum reported income of $580k and spending of $595k, spending 103% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $634k to $580k (-8.6%), an average of -1.8% a year. The sharpest change came in the year to June 2021, when income rose by 59%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nicolaysen Art Museum sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within WY. Charities of a similar size with the same main cause include Academy of Science of St Louis ($580k), Honor Flight Tri-State ($580k) and Lineage Dance Company ($580k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $70k (12% of expenses). Other salaries and wages came to $224k. At year end it held assets of $2.0m against liabilities of $36k, net assets of $2.0m. It reported 13 employees.