March Field Museum Foundation Inc

Analysis

March Field Museum Foundation Inc is a registered charity in United States, based in March Arb, CA. It received its IRS tax-exemption ruling in November 1980, 46 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 December 2023, March Field Museum Foundation Inc reported income of $1.5m and spending of $1.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $823k to $1.5m (+77%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, March Field Museum Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Capital Repertory Company Inc ($1.5m), Museum of Art of Ogunquit ($1.5m) and Studios for the Performing Arts Operating Co ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $68k (5.1% of expenses). Other salaries and wages came to $408k. At year end it held assets of $2.2m against liabilities of $177k, net assets of $2.1m. It reported 18 employees.