Pacific Battleship Center

Analysis

Pacific Battleship Center is a registered charity in United States, based in San Pedro, CA. It received its IRS tax-exemption ruling in March 2009, 17 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, Pacific Battleship Center reported income of $6.5m and spending of $6.8m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.3m to $6.5m (+51%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacific Battleship Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Rivers of Steel Heritage Corporation ($6.4m), Partnership on Ai to Benefit People and Society ($6.5m) and Kleinhans Music Hall Management Inc ($6.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $551k (8.1% of expenses). Other salaries and wages came to $2.2m. It paid $437k in professional fundraising fees. At year end it held assets of $6.9m against liabilities of $3.2m, net assets of $3.7m. It reported 91 employees.