Eureka McConnell Science Museum

Analysis

Eureka McConnell Science Museum is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in August 2005, 21 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, Eureka McConnell Science Museum reported income of $2.4m and spending of $2.3m, spending 94% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.3m to $2.4m (+91%), an average of +14% a year. The sharpest change came in the year to December 2019, when income rose by 87%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Eureka McConnell Science Museum sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include The British Academy of Film and Television Arts Inc ($2.4m), Shared-Use Mobility Center ($2.4m) and The Human Factors & Ergonomics Society ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $93k (4.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.6m against liabilities of $2.6m, net assets of $6.0m. It reported 125 employees.