Stoneware Museum of Monmouth Illinois

Analysis

Stoneware Museum of Monmouth Illinois is a registered charity in United States, based in Monmouth, IL. It received its IRS tax-exemption ruling in October 2019, 7 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 December 2023, Stoneware Museum of Monmouth Illinois reported income of $90k and spending of $95k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $90k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. 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, Stoneware Museum of Monmouth Illinois sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Stained Glass Theatre Mid Missouri ($89k), Second Generation Productions Inc ($90k) and Akron Society of Plastics Engineers Educational Foundation ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $100k against liabilities of $1,206, net assets of $99k.