Friends of the Museum School Foundation

Analysis

Friends of the Museum School Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Friends of the Museum School Foundation reported income of $178k and spending of $52k, leaving 71% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $107k to $178k (+66%), an average of +66% a year. The sharpest change came in the year to June 2024, when income rose by 66%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of the Museum School Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($178k), Education in Dance & the Related Arts ($178k) and Dsu-Soar ($178k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.