Fidm Museum and Library Inc

Analysis

Fidm Museum and Library Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in April 1979, 47 years ago. 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 August 2023, Fidm Museum and Library Inc reported income of $136k and spending of $120k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $246k to $136k (-45%), an average of -14% a year. The sharpest change came in the year to August 2022, when income rose by 67%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fidm Museum and Library Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($136k), Heritage Society of New Braunfels Inc ($136k) and Rebuilding Together Long Beach ($136k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $237k against liabilities of $23k, net assets of $215k.