Malibu Adamson House Foundation

Analysis

Malibu Adamson House Foundation is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in July 1982, 44 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, Malibu Adamson House Foundation reported income of $102k and spending of $23k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $102k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 36% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Malibu Adamson House Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Seguin Art League ($102k), Rowland Theatre Inc ($102k) and The Art Center Cooperative Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 22% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.