Adventurers Club

Analysis

Adventurers Club is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in June 1958, 68 years ago. Its declared purposes cover science and technology, 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 December 2023, Adventurers Club reported income of $150k and spending of $152k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $150k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Adventurers Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Youth Chorus of Kansas City Inc ($150k), Avant Bard Theatre ($150k) and Arts Council of Mendocino County ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 68% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.