Malibu Gives

Analysis

Malibu Gives is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in January 2018, 8 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, Malibu Gives reported income of $270k and spending of $285k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $270k (+11%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Malibu Gives sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include White Hall Arts Academy Foundation ($270k), Santa Clarita Ballet Company Inc ($270k) and High Desert Chamber Music ($270k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,882 against liabilities of $70, net assets of $5,812.