Rosemount Museum

Analysis

Rosemount Museum is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in September 1968, 58 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 April 2023, Rosemount Museum reported income of $556k and spending of $441k, leaving 21% of income unspent that year. Across the 4 years on record, from April 2020 to April 2023, income grew from $468k to $556k (+19%), an average of +5.9% a year. The sharpest change came in the year to April 2022, when income rose by 82%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rosemount Museum sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Friends of Nobska Light Inc ($556k), Gujarati Society of Central Florida Inc ($556k) and Philadelphia Scenic Works ($556k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 37% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $81k (18% of expenses). Other salaries and wages came to $151k. At year end it held assets of $5.5m against liabilities of $122k, net assets of $5.4m. It reported 8 employees.