The Irvine Museum
- Assets
- $2.6m
- Revenue
- $467.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 05/1992
- Data as of
- 04/2023
- EIN
- 33-0501917
Organization Overview
The Irvine Museum is located in Irvine, CA. The organization was established in 1992. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Irvine Museum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Irvine Museum generated $467.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $487.1k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL OUTREACH PROGRAMS
EXHIBITION PROGRAMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard W Jackson Dir., Treasurer | 0 | $0 | |
James Irvine Swinden Pres, Director | 5 | $0 | |
Mark S Ashworth Director | 0 | $0 | |
Russell S Penniman IV Vp, Director | 0 | $0 | |
Brett J Williamson Secretary | 0 | $0 | |
Morton Irvine Smith VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $463,000 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $4,501 |
| Other Income | $0 |
| Total Revenue | $467,502 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $770 |
| Depreciation | $670 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,837 |
| Printing and publications | $0 |
| Other expenses | $166,593 |
| Total operating and administrative expenses | $487,090 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $487,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,608 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $1,827,342 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $334 |
| Other assets | $760,834 |
| Total assets | $2,590,118 |
| Accounts payable and accrued expenses | $123 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $123 |