The Museum of Art and History at the McPherson Center

Analysis

The Museum of Art and History at the McPherson Center is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in January 1983, 43 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, The Museum of Art and History at the McPherson Center reported income of $2.0m and spending of $2.3m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $2.0m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Museum of Art and History at the McPherson Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Lake Dillon Foundation for the Performing Arts ($2.0m), Dancers Workshop ($2.0m) and Nu Deco Ensemble Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $239k (11% of expenses). Other salaries and wages came to $733k. It paid $46k in professional fundraising fees. At year end it held assets of $6.3m against liabilities of $209k, net assets of $6.1m. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.