Cave Creek Museum Inc

Analysis

Cave Creek Museum Inc is a registered charity in United States, based in Cave Creek, AZ. It received its IRS tax-exemption ruling in May 1977, 49 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 May 2024, Cave Creek Museum Inc reported income of $479k and spending of $272k, leaving 43% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $148k to $479k (+224%), an average of +26% a year. The sharpest change came in the year to May 2022, when income rose by 86%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cave Creek Museum Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within AZ. Charities of a similar size with the same main cause include Coalition for African Americans in the Performing Arts Inc ($479k), Zyzzyva Inc ($479k) and Space Coast Symphony Orchestra Inc ($479k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 84% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $60k (22% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.0m against liabilities of $443, net assets of $1.0m. It reported 2 employees.