Raymond M Alf Museum of Paleontology

Analysis

Raymond M Alf Museum of Paleontology is a registered charity in United States, based in Claremont, CA. It received its IRS tax-exemption ruling in May 1979, 47 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Raymond M Alf Museum of Paleontology reported income of $811k and spending of $996k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $878k to $811k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Raymond M Alf Museum of Paleontology sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Moorestown Theater Company Inc ($811k), Merced County Arts Council Inc ($811k) and Pinball Edu ($811k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $258k (26% of expenses). Other salaries and wages came to $344k. At year end it held assets of $9.9m against liabilities of $201k, net assets of $9.7m. It reported 13 employees.