California Fire Museum

Analysis

California Fire Museum is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in December 2002, 24 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, California Fire Museum reported income of $88k and spending of $92k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $184k to $88k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, California Fire Museum sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Palacios House of Arts ($88k), Tehachapi Community Theatre Association ($88k) and Friends of the Museum WH Over Museum ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $336k against liabilities of $131k, net assets of $206k.