Lutz Childrens Museum

Analysis

Lutz Childrens Museum is a registered charity in United States, based in Manchester, CT. It received its IRS tax-exemption ruling in June 1959, 67 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, Lutz Childrens Museum reported income of $464k and spending of $558k, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $346k to $464k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 133%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lutz Childrens Museum sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Turning Pointe School of Dance a Christian Ministry ($464k), White Pine Community Choir Association ($464k) and United Association of Calligraphy ($464k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $83k (15% of expenses). Other salaries and wages came to $216k. At year end it held assets of $507k against liabilities of $83k, net assets of $424k. It reported 15 employees.