Kidscommons Columbus Community Childrens Museum Inc

Analysis

Kidscommons Columbus Community Childrens Museum Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in February 1998, 28 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, Kidscommons Columbus Community Childrens Museum Inc reported income of $433k and spending of $492k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $610k to $433k (-29%), an average of -8.2% a year. The sharpest change came in the year to December 2021, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kidscommons Columbus Community Childrens Museum Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Triad Cultural Arts Inc ($433k), En-Rich-Ment ($433k) and Art Papers Inc ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $84k (17% of expenses). Other salaries and wages came to $130k. At year end it held assets of $3.7m against liabilities of $19k, net assets of $3.7m. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.