San Diego Automotive Museum Inc

Analysis

San Diego Automotive Museum Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 1987, 39 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 June 2023, San Diego Automotive Museum Inc reported income of $3.8m and spending of $2.5m, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $588k to $3.8m (+539%), an average of +86% a year. The sharpest change came in the year to June 2021, when income rose by 242%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Diego Automotive Museum Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Alliance of Resident Theatres New York Inc ($3.8m), Center for New Music San Francisco Inc ($3.8m) and Flower Hill Institute ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $166k (6.8% of expenses). Other salaries and wages came to $662k. At year end it held assets of $6.2m against liabilities of $872k, net assets of $5.3m. It reported 21 employees.