Museum Kampa- the Jan and Meda Mladek Foundation

Analysis

Museum Kampa- the Jan and Meda Mladek Foundation is a registered charity in United States, based in Czech Republic. It received its IRS tax-exemption ruling in November 2015, 11 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 December 2023, Museum Kampa- the Jan and Meda Mladek Foundation reported income of $1.3m and spending of $1.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $1.3m (-38%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum Kampa- the Jan and Meda Mladek Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile. Charities of a similar size with the same main cause include Southern Alleghenies Museum of Art ($1.3m), Geeks Without Frontiers ($1.3m) and Newport Car Museum Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $28k (2.0% of expenses). Other salaries and wages came to $336k. At year end it held assets of $15.1m against liabilities of $959k, net assets of $14.1m.