Maturango Museum of Indian Wells Valley

Analysis

Maturango Museum of Indian Wells Valley is a registered charity in United States, based in Ridgecrest, CA. It received its IRS tax-exemption ruling in August 1962, 64 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Maturango Museum of Indian Wells Valley reported income of $451k and spending of $363k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $451k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Maturango Museum of Indian Wells Valley sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Bhartiya Mandal Foundation ($451k), Chicago Artists Coalition ($452k) and African Heritage Inc ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $41k (11% of expenses). Other salaries and wages came to $112k. At year end it held assets of $1.7m against liabilities of $37k, net assets of $1.7m. It reported 18 employees.