Mount Wilson Institute

Analysis

Mount Wilson Institute is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 1987, 39 years ago. Its declared purposes cover science and technology, 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, Mount Wilson Institute reported income of $1.3m and spending of $829k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.3m (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 57% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mount Wilson Institute sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Near West Theatre ($1.3m), East Texas Symphony Orchestra ($1.3m) and Vermont Youth Orchestra Association Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 37% of the total. Other salaries and wages came to $246k. At year end it held assets of $3.7m against liabilities of $3,835, net assets of $3.7m. It reported 16 employees.