Adam Leventhal Memorial School and Museum

Analysis

Adam Leventhal Memorial School and Museum is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in November 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adam Leventhal Memorial School and Museum reported income of $423k and spending of $491k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $520k to $423k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Adam Leventhal Memorial School and Museum sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Annes Place Inc ($423k), Guild of American Luthiers ($423k) and Tri-State Umiya Dham of Cincinnati ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $65k (13% of expenses). Other salaries and wages came to $116k. At year end it held assets of $198k against liabilities of $5,839, net assets of $192k. It reported 4 employees.