Petaluma Museum Association

Analysis

Petaluma Museum Association is a registered charity in United States, based in Petaluma, CA. It received its IRS tax-exemption ruling in September 1984, 42 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 2024, Petaluma Museum Association reported income of $113k and spending of $175k, spending 155% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $108k to $113k (+4.2%), an average of +4.2% a year. Over the whole period it spent 128% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Petaluma Museum Association sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Houston Choral Society ($113k), Maroon Band Booster ($113k) and Dynamic Booster Club ($113k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 37% of the total. At year end it held assets of $133k against liabilities of $8,915, net assets of $124k.