Chambers County Childrens Museum

Analysis

Chambers County Childrens Museum is a registered charity in United States, based in Mont Belvieu, TX. It received its IRS tax-exemption ruling in March 2020, 6 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, Chambers County Childrens Museum reported income of $1.5m and spending of $694k, leaving 54% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $20k to $1.5m (+7523%), an average of +324% a year. The sharpest change came in the year to December 2021, when income rose by 1207%. Over the whole period it spent 24% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chambers County 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 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Jacksonville Historic Naval Ship Association Inc ($1.5m), Gilbert House Childrens Museum Inc ($1.5m) and Springfield Museum of Art ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $105k (15% of expenses). Other salaries and wages came to $67k. At year end it held assets of $6.4m against liabilities of $3.7m, net assets of $2.7m. It reported 20 employees.