Cheyenne Frontier Days Old West Museum

Analysis

Cheyenne Frontier Days Old West Museum is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in October 1978, 48 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, Cheyenne Frontier Days Old West Museum reported income of $4.6m and spending of $1.2m, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $731k to $4.6m (+529%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 270%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cheyenne Frontier Days Old West Museum sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within WY. Charities of a similar size with the same main cause include The Aldrich Contemporary Art Museum Inc ($4.6m), Montclair Film Festival Inc ($4.6m) and Milkweed Editions Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $138k (12% of expenses). Other salaries and wages came to $355k. At year end it held assets of $6.0m against liabilities of $56k, net assets of $6.0m. It reported 11 employees.