World Awareness Childrens Museum

Analysis

World Awareness Childrens Museum is a registered charity in United States, based in Glens Falls, NY. It received its IRS tax-exemption ruling in December 1995, 31 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 December 2023, World Awareness Childrens Museum reported income of $235k and spending of $309k, spending 132% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $210k to $235k (+12%), an average of +2.3% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, World Awareness Childrens Museum sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include The Childrens Museum of Southwest Louisiana Inc ($235k), Portland Taiko ($235k) and Irish Cultural and Historical Society of the Mohawk Valley ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 24% of the total. Other salaries and wages came to $124k. At year end it held assets of $1.1m against liabilities of $126k, net assets of $964k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.