Museum of Ancient Wonders

Analysis

Museum of Ancient Wonders is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in September 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, Museum of Ancient Wonders reported income of $70k and spending of $112k, spending 159% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $4.0m to $70k (-98%), an average of -87% a year. The sharpest change came in the year to December 2022, when income dropped by 97%. Over the whole period it spent 9.8% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Ancient Wonders sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Friends of the Ixchel Museum Inc ($70k), Ardmore Little Theatre Inc ($70k) and Concord Orchestra Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $28k. At year end it held assets of $4.0m against liabilities of $320k, net assets of $3.7m. It reported 2 employees.