World of Wonders Science Museum Inc

Analysis

World of Wonders Science Museum Inc is a registered charity in United States, based in Lodi, CA. It received its IRS tax-exemption ruling in August 2006, 20 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, World of Wonders Science Museum Inc reported income of $901k and spending of $733k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $942k to $901k (-4.4%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 80% 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 of Wonders Science Museum Inc 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 79th percentile within CA. Charities of a similar size with the same main cause include Turlock Community Theatre Inc ($900k), Arts Boston Inc ($901k) and Journey Arts ($900k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $54k (7.4% of expenses). Other salaries and wages came to $229k. At year end it held assets of $3.8m against liabilities of $1.4m, net assets of $2.4m. It reported 14 employees.