Muzeo Foundation

Analysis

Muzeo Foundation is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in September 2007, 19 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 June 2024, Muzeo Foundation reported income of $445k and spending of $465k, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $454k to $445k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Muzeo Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Local Theater Company ($445k), Beljanski Foundation Inc ($445k) and Topaz Museum ($445k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 6.3% of the total. Compensation of current officers, directors and key employees was $107k (23% of expenses). Other salaries and wages came to $135k. At year end it held assets of $138k against liabilities of $165k, net assets of -$27k. It reported 12 employees.