Koshare Indian Museum Inc

Analysis

Koshare Indian Museum Inc is a registered charity in United States, based in LA Junta, CO. It received its IRS tax-exemption ruling in March 1969, 57 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 September 2023, Koshare Indian Museum Inc reported income of $122k and spending of $117k, spending 96% of its income. Across the 6 years on record, from September 2018 to September 2023, income fell from $137k to $122k (-11%), an average of -2.3% a year. The sharpest change came in the year to September 2022, when income rose by 354%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Koshare Indian Museum Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Zajaczek Dance Ensemble ($122k), Menare Foundation Inc ($122k) and Nashville in Harmony ($122k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 54% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $49k (41% of expenses). Other salaries and wages came to $29k. At year end it held assets of $772k against liabilities of $2,386, net assets of $769k. It reported 5 employees.