Walt Disney Family Museum

Analysis

Walt Disney Family Museum is a registered charity in United States, based in Presidio, CA. It received its IRS tax-exemption ruling in September 2014, 12 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 2023, Walt Disney Family Museum reported income of $12.5m and spending of $12.9m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.6m to $12.5m (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Walt Disney Family Museum sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Discovery Park of America Inc ($12.3m), Population Reference Bureau Inc ($12.5m) and Childrens Theater Company and School ($12.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $507k (3.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $50.5m against liabilities of $51.6m, net assets of -$1.0m. It reported 85 employees.