Golisano Childrens Museum of Naples Inc

Analysis

Golisano Childrens Museum of Naples Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in August 2002, 24 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 (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, Golisano Childrens Museum of Naples Inc reported income of $1.8m and spending of $1.9m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $2.5m to $1.8m (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2022, when income rose by 65%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golisano Childrens Museum of Naples Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Applied Economics Clinic ($1.8m), Oregon Rail Heritage Foundation ($1.8m) and California Anime Foundation ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 45% of the total. Other salaries and wages came to $584k. At year end it held assets of $17.2m against liabilities of $476k, net assets of $16.8m. It reported 51 employees.