Midwest Miniatures Museum

Analysis

Midwest Miniatures Museum is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in October 2014, 12 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, Midwest Miniatures Museum reported income of $183k and spending of $204k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $183k (+171%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 184% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Midwest Miniatures Museum sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Playhouse in the Park Inc ($182k), Friends of Craig County Fair Inc ($183k) and Messenger Films ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Other salaries and wages came to $55k. At year end it held assets of $2.1m against liabilities of $657, net assets of $2.1m. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.