Claremont Lewis Museum of Art

Analysis

Claremont Lewis Museum of Art is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in November 2004, 22 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, Claremont Lewis Museum of Art reported income of $408k and spending of $400k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $184k to $408k (+122%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 364%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Claremont Lewis Museum of Art sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Charles Adams Studio Project ($408k), Annisquam Association Inc ($408k) and Central States Threshermen Reunion Inc ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 3.5% of the total. Other salaries and wages came to $164k. At year end it held assets of $1.6m against liabilities of $32k, net assets of $1.6m. It reported 16 employees.