Crested Butte Mountain Heritage Museum Inc

Analysis

Crested Butte Mountain Heritage Museum Inc is a registered charity in United States, based in Crested Butte, CO. It received its IRS tax-exemption ruling in December 1997, 29 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 April 2024, Crested Butte Mountain Heritage Museum Inc reported income of $294k and spending of $358k, spending 122% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $326k to $294k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to April 2022, when income rose by 31%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crested Butte Mountain Heritage Museum Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CO. Charities of a similar size with the same main cause include Choose Life Radio Network - CLRN ($294k), Friends of the Sarah McLachlan School of Music Society Inc ($294k) and Enopion Theatre Company ($294k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 43% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $60k (17% of expenses). Other salaries and wages came to $166k. At year end it held assets of $1.5m against liabilities of $27k, net assets of $1.4m. It reported 12 employees.