Great River Childrens Museum

Analysis

Great River Childrens Museum is a registered charity in United States, based in St Cloud, MN. It received its IRS tax-exemption ruling in March 2013, 13 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, Great River Childrens Museum reported income of $1.5m and spending of $527k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $176k to $1.5m (+739%), an average of +70% a year. The sharpest change came in the year to December 2020, when income rose by 552%. Over the whole period it spent 13% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great River Childrens Museum sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include South Orange County Community Theatre ($1.5m), Ann Arbor Art Association ($1.5m) and Potato Variety Management Institute Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $79k (15% of expenses). Other salaries and wages came to $90k. At year end it held assets of $11.3m against liabilities of $182k, net assets of $11.1m. It reported 5 employees.