Childrens Museum Inc

Analysis

Childrens Museum Inc is a registered charity in United States, based in Bloomsburg, PA. It received its IRS tax-exemption ruling in May 1987, 39 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, Childrens Museum Inc reported income of $731k and spending of $463k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $731k (+308%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Museum Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Marco Island Historical Society Inc ($731k), Colonial Dames of America ($731k) and Southern Seed Certification Association Inc ($731k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $48k (10% of expenses). Other salaries and wages came to $197k. At year end it held assets of $825k against liabilities of $327, net assets of $825k. It reported 21 employees.