Harrisonburg Childrens Museum

Analysis

Harrisonburg Childrens Museum is a registered charity in United States, based in Harrisonburg, VA. It received its IRS tax-exemption ruling in January 2004, 22 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, Harrisonburg Childrens Museum reported income of $1.0m and spending of $993k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.0m (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harrisonburg Childrens Museum sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include National Puerto Rican Day Parade Inc ($1.0m), Alliance Francaise de Seattle ($1.0m) and Mountain Town Stages ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $96k (9.6% of expenses). Other salaries and wages came to $318k. At year end it held assets of $4.6m against liabilities of $23k, net assets of $4.6m. It reported 18 employees.