Columbia Childrens Museum

Analysis

Columbia Childrens Museum is a registered charity in United States, based in Columbia, TN. It received its IRS tax-exemption ruling in September 2021, 5 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, Columbia Childrens Museum reported income of $251k and spending of $255k, spending 102% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $220k to $251k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbia Childrens Museum sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Roadwork Inc ($251k), Smocking Arts Guild of America Inc ($251k) and Thresh Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $26k (10% of expenses). Other salaries and wages came to $110k. At year end it held assets of $120k against liabilities of $3,719, net assets of $116k. It reported 23 employees.