I D E a Museum Foundation

Analysis

I D E a Museum Foundation is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in March 1980, 46 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 June 2023, I D E a Museum Foundation reported income of $241k and spending of $350k, spending 145% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $435k to $241k (-44%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 296%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, I D E a Museum Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within AZ. Charities of a similar size with the same main cause include Garland Symphony Orchestra ($241k), Toledo Repertoire Company ($241k) and Federal Way Symphony Orchestra ($241k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 49% of the total. At year end it held assets of $1.2m against liabilities of $97k, net assets of $1.1m.