Childrens Museum at Saratoga

Analysis

Childrens Museum at Saratoga is a registered charity in United States, based in Saratoga Springs, NY. It received its IRS tax-exemption ruling in September 1991, 35 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 September 2023, Childrens Museum at Saratoga reported income of $901k and spending of $913k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $347k to $901k (+160%), an average of +27% a year. The sharpest change came in the year to September 2021, when income rose by 322%. Over the whole period it spent 46% 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 at Saratoga sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Lark Musical Society Inc ($901k), Lyric Stage Inc ($902k) and Dallas Wind Symphony ($901k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 24% and program service revenue 70% of the total. Other salaries and wages came to $395k. At year end it held assets of $4.0m against liabilities of $687k, net assets of $3.3m. It reported 22 employees.