Utica Childrens Museum

Analysis

Utica Childrens Museum is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in May 1967, 59 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Utica Childrens Museum reported income of $934k and spending of $464k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $934k (+595%), an average of +595% a year. The sharpest change came in the year to December 2023, when income rose by 595%. Over the whole period it spent 54% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Utica Childrens Museum 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 Association of Kentucky Public Radio Stations Inc ($934k), Childrens Museum of the Arts Inc ($934k) and Culturingua ($934k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 5.5% of the total. Other salaries and wages came to $100k. At year end it held assets of $1.6m against liabilities of $985k, net assets of $662k.