Muckenthaler Cultural Center Foundation

Analysis

Muckenthaler Cultural Center Foundation is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in July 1966, 60 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 2023, Muckenthaler Cultural Center Foundation reported income of $1.9m and spending of $1.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Muckenthaler Cultural Center Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Shaker-Road Loudonville Fire Dept Inc ($1.9m), Positive Action for Christ Inc ($1.9m) and Catholic Foundation of Allentown Inc ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $124k (8.5% of expenses). Other salaries and wages came to $255k. At year end it held assets of $2.4m against liabilities of $115k, net assets of $2.3m. It reported 10 employees.