World Fossil Finder Museum

Analysis

World Fossil Finder Museum is a registered charity in United States, based in Hot Springs, SD. It received its IRS tax-exemption ruling in February 2023, 3 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, World Fossil Finder Museum reported income of $190k and spending of $159k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $190k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, World Fossil Finder Museum sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within SD. Charities of a similar size with the same main cause include Magic Music Charitable Foundation ($190k), Berkeley High School Jazz ($190k) and Historic Columbus Foundation Endowment Fund ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 20% of the total. Other salaries and wages came to $73k. At year end it held assets of $88k against liabilities of $0, net assets of $88k. It reported 5 employees.