Open Lunar Foundation

Analysis

Open Lunar Foundation is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in March 2019, 7 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 (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, Open Lunar Foundation reported income of $603k and spending of $611k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $603k (-80%), an average of -34% a year. The sharpest change came in the year to December 2022, when income rose by 1401%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Open Lunar Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Aurora Fossil Museum Foundation Inc ($603k), Write on Door County Inc ($603k) and Minnesota Prison Writing Workshop ($603k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $180k (29% of expenses). Other salaries and wages came to $131k. At year end it held assets of $1.2m against liabilities of $3,357, net assets of $1.2m. It reported 2 employees.