Antique Gas & Steam Engine Museum Inc

Analysis

Antique Gas & Steam Engine Museum Inc is a registered charity in United States, based in Vista, CA. It received its IRS tax-exemption ruling in August 2024, 2 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 2020, Antique Gas & Steam Engine Museum Inc reported income of $137k and spending of $556k, spending 407% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $511k to $137k (-73%), an average of -73% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 161% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Antique Gas & Steam Engine Museum Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Sugar Creek Players Inc ($137k), Gov Glance Foundation ($137k) and National Association of Multicultural Education ($137k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.