Mid-Hudson Childrens Museum

Analysis

Mid-Hudson Childrens Museum is a registered charity in United States, based in Poughkeepsie, NY. It received its IRS tax-exemption ruling in February 1994, 32 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, Mid-Hudson Childrens Museum reported income of $1.0m and spending of $1.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $769k to $1.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 178%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-Hudson 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 80th percentile, and in the 76th percentile within NY. Charities of a similar size with the same main cause include Stray Dog Theatre ($1.0m), Davis Arts Council Inc ($1.0m) and Wawashkamo Golf Club ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Other salaries and wages came to $565k. At year end it held assets of $3.6m against liabilities of $460k, net assets of $3.1m. It reported 29 employees.