Moxi the Wolf Museum of Exploration Innovation

Analysis

Moxi the Wolf Museum of Exploration Innovation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. 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, Moxi the Wolf Museum of Exploration Innovation reported income of $3.8m and spending of $5.2m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.8m (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 136% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moxi the Wolf Museum of Exploration Innovation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include His Helping Hands Inc ($3.8m), Mid-Land Meals Inc ($3.8m) and Boys and Girls Club of Harford County Maryland Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $383k (7.4% of expenses). Other salaries and wages came to $1.7m. It paid $21k in professional fundraising fees. At year end it held assets of $21.3m against liabilities of $555k, net assets of $20.7m. It reported 84 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.