Heritage Museum of Orange County

Analysis

Heritage Museum of Orange County is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in December 1981, 45 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, Heritage Museum of Orange County reported income of $444k and spending of $477k, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $644k to $444k (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2020, when income dropped by 59%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heritage Museum of Orange County 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 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Art Sanctuary Inc ($444k), Cadet Air Corps Museum ($444k) and Community Playhouse ($444k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $71k (15% of expenses). Other salaries and wages came to $140k. At year end it held assets of $2.0m against liabilities of $143k, net assets of $1.9m. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.