Lancaster Museum and Public Art Foundation

Analysis

Lancaster Museum and Public Art Foundation is a registered charity in United States, based in Lancaster, CA. It received its IRS tax-exemption ruling in October 1990, 36 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lancaster Museum and Public Art Foundation reported income of $198k and spending of $121k, leaving 39% of income unspent that year. Across the 3 years on record, from June 2020 to June 2023, income grew from $167k to $198k (+18%), an average of +8.8% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lancaster Museum and Public Art Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Arts by the People Inc ($198k), Showtime Theatre Company ($198k) and Wichita Falls Youth Symphony Orchestra ($198k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $254k against liabilities of $8,035, net assets of $246k.