Lanterman Historical Museum Foundation

Analysis

Lanterman Historical Museum Foundation is a registered charity in United States, based in LA Canada, CA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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 2024, Lanterman Historical Museum Foundation reported income of $169k and spending of $181k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $165k to $169k (+2.2%), an average of +2.2% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lanterman Historical Museum Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Parakaleo Christian Ministries Inc ($169k), Wells of Salvation Inc ($169k) and Eolia Community Fire Department Inc ($169k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 0.9% of the total. At year end it held assets of $398k against liabilities of $12k, net assets of $385k.