Museum of Craft and Design

Analysis

Museum of Craft and Design is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 2003, 23 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, Museum of Craft and Design reported income of $2.8m and spending of $2.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $2.8m (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Craft and Design sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include American Meat Science Association ($2.8m), South Carolina State Museum Foundation ($2.8m) and Dramatic Results ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $271k (10.0% of expenses). Other salaries and wages came to $983k. At year end it held assets of $7.8m against liabilities of $551k, net assets of $7.3m. It reported 30 employees.