Petrified Forest Museum Association

Analysis

Petrified Forest Museum Association is a registered charity in United States, based in Holbrook, AZ. It received its IRS tax-exemption ruling in July 1946, 80 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Petrified Forest Museum Association reported income of $859k and spending of $554k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $859k (+69%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Petrified Forest Museum Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Caruthers District Fair Association ($859k), Texas High School Athletic Directors Association ($859k) and Era Gymnastics ($859k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% of the total. Compensation of current officers, directors and key employees was $51k (9.2% of expenses). Other salaries and wages came to $282k. At year end it held assets of $1.4m against liabilities of $36k, net assets of $1.4m. It reported 15 employees.