California Association of Museums

Analysis

California Association of Museums is a registered charity in United States, based in Alpine, CA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. 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 August 2023, California Association of Museums reported income of $471k and spending of $579k, spending 123% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $478k to $471k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to August 2022, when income rose by 68%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Association of Museums sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Samaritans Hand Inc ($471k), Texas Winds Musical Outreach Inc ($471k) and New Hampshire Public Health Association ($471k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $100k (17% of expenses). Other salaries and wages came to $183k. At year end it held assets of $455k against liabilities of $52k, net assets of $403k. It reported 5 employees.