Museum of Art and Light Inc

Analysis

Museum of Art and Light Inc is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in September 2021, 5 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, Museum of Art and Light Inc reported income of $499k and spending of $455k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $515k to $499k (-3.0%), an average of -1.5% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 45% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Art and Light Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within KS. Charities of a similar size with the same main cause include Stone Soup Leadership Institute Inc ($499k), Arts Council of Central Louisiana ($500k) and Springfield Municipal Opera Association ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $181k. At year end it held assets of $785k against liabilities of $9,886, net assets of $775k. It reported 6 employees.