Henry E Huntington Library & Art Gallery

Analysis

Henry E Huntington Library & Art Gallery is a registered charity in United States, based in San Marino, CA. It received its IRS tax-exemption ruling in May 1938, 88 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, Henry E Huntington Library & Art Gallery reported income of $168.0m and spending of $93.6m, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $74.4m to $168.0m (+126%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Henry E Huntington Library & Art Gallery sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include National Advanced Mobility Consortium ($164.4m), Rfe-Rl Inc ($170.9m) and Internet Corporation for Assigned Names and Numbers ($163.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 9.8% of the total. Compensation of current officers, directors and key employees was $2.6m (2.7% of expenses). Other salaries and wages came to $28.3m. At year end it held assets of $960.2m against liabilities of $22.4m, net assets of $937.7m. It reported 620 employees.