Arthur Roy Mitchell Memorial Inc

Analysis

Arthur Roy Mitchell Memorial Inc is a registered charity in United States, based in Trinidad, CO. It received its IRS tax-exemption ruling in March 1980, 46 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 September 2023, Arthur Roy Mitchell Memorial Inc reported income of $710k and spending of $194k, leaving 73% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $133k to $710k (+433%), an average of +52% a year. The sharpest change came in the year to September 2023, when income rose by 375%. 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, Arthur Roy Mitchell Memorial Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include International Union of Geological Sciences ($710k), Topgun Navy Fighter Weapons School Association ($710k) and Sculpture Fields at Montague Park ($710k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.7% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $65k (33% of expenses). At year end it held assets of $1.5m against liabilities of $490k, net assets of $1.1m. It reported 1 employees.