Redwood Discovery Museum

Analysis

Redwood Discovery Museum is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in December 1995, 31 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 June 2023, Redwood Discovery Museum reported income of $283k and spending of $292k, spending 103% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $195k to $283k (+45%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Redwood Discovery Museum sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Iowa Art Works Inc ($283k), Bee Cave Arts Foundation ($283k) and Florida Dance Theatre Inc ($283k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 67% of the total. Other salaries and wages came to $140k. At year end it held assets of $111k against liabilities of $20k, net assets of $90k. It reported 17 employees.