Monterey County Agricultural and Rural Life Museum

Analysis

Monterey County Agricultural and Rural Life Museum is a registered charity in United States, based in King City, CA. It received its IRS tax-exemption ruling in July 1978, 48 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 September 2023, Monterey County Agricultural and Rural Life Museum reported income of $72k and spending of $89k, spending 125% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $75k to $72k (-4.0%), an average of -4.0% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monterey County Agricultural and Rural Life Museum sits at the 32nd percentile: it is larger than about 32% 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 Kypt Kewaunee Young Peoples Theater ($72k), Artslink Inc ($72k) and Friends of the Belen Harvey House Museum ($72k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $173k against liabilities of $2,445, net assets of $170k.