Friends of the Temecula Childrens Museum

Analysis

Friends of the Temecula Childrens Museum is a registered charity in United States, based in Temecula, CA. It received its IRS tax-exemption ruling in October 2006, 20 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 December 2023, Friends of the Temecula Childrens Museum reported income of $530k and spending of $380k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $319k to $530k (+66%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 148%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Temecula Childrens Museum sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Tyler Civic Theatre ($529k), KLTV Inc ($530k) and Red Barn Actors Studio Inc ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.8% of the total. Other salaries and wages came to $208k. At year end it held assets of $622k against liabilities of $8,260, net assets of $614k. It reported 5 employees.