Santa Maria Valley Discovery Museum

Analysis

Santa Maria Valley Discovery Museum is a registered charity in United States, based in Santa Maria, 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 June 2023, Santa Maria Valley Discovery Museum reported income of $299k and spending of $261k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $435k to $299k (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2022, when income rose by 103%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Santa Maria Valley Discovery Museum sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Skillsusa Council ($299k), Voice of Internal Christian Evengelism Inc ($299k) and San Luis Obispo International Film Festival Inc ($299k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 48% of the total. Other salaries and wages came to $114k. At year end it held assets of $609k against liabilities of $241k, net assets of $368k. It reported 16 employees.