Telluride Historical Museum Inc

Analysis

Telluride Historical Museum Inc is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in July 1987, 39 years ago. 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, Telluride Historical Museum Inc reported income of $397k and spending of $494k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $397k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Telluride Historical Museum Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include St Thomas Preschool ($397k), Devils Lake Blue Line Club Inc ($397k) and Habitat for Humanity International ($397k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 15% of the total. Other salaries and wages came to $220k. At year end it held assets of $1.5m against liabilities of $9,275, net assets of $1.5m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.