Friends of the Ixchel Museum Inc

Analysis

Friends of the Ixchel Museum Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in August 2008, 18 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, Friends of the Ixchel Museum Inc reported income of $70k and spending of $80k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $35k to $70k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of the Ixchel Museum Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Concord Orchestra Inc ($70k), Museum of Ancient Wonders ($70k) and Cove Community Theater ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.