West Kern Oil Museum Inc

Analysis

West Kern Oil Museum Inc is a registered charity in United States, based in Taft, CA. It received its IRS tax-exemption ruling in August 1975, 51 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, West Kern Oil Museum Inc reported income of $233k and spending of $119k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $233k (+296%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 285%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Kern Oil Museum Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Peninsula Womens Chorus ($233k), B-17 Alliance Foundation ($233k) and Missouri River Valley Steam Engine Assn ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. It paid $1,310 in professional fundraising fees. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.