Childrens Museum of Greater Fall River Inc

Analysis

Childrens Museum of Greater Fall River Inc is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in June 2001, 25 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 2024, Childrens Museum of Greater Fall River Inc reported income of $372k and spending of $389k, spending 105% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $293k to $372k (+27%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Museum of Greater Fall River Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Sol Treasures ($372k), Louisiana Crafts Guild Inc ($372k) and Higher Works Collaborative ($372k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $65k (17% of expenses). Other salaries and wages came to $170k. At year end it held assets of $521k against liabilities of $26k, net assets of $496k. It reported 8 employees.