MCRD Museum Historical Society

Analysis

MCRD Museum Historical Society is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in January 2023, 3 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 September 2023, MCRD Museum Historical Society reported income of $459k and spending of $553k, spending 120% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $708k to $459k (-35%), an average of -10% a year. The sharpest change came in the year to September 2020, when income dropped by 44%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, MCRD Museum Historical Society sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include River Oaks Square Arts Center Association Inc ($459k), Wisconsin Livestock Identification Consortium Inc ($459k) and The Edna St Vincent Millay Society ($459k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.5% and program service revenue 4.6% of the total. Compensation of current officers, directors and key employees was $135k (25% of expenses). Other salaries and wages came to $197k. At year end it held assets of $2.6m against liabilities of $67k, net assets of $2.6m. It reported 7 employees.