Town of Normal Childrens Discovery Museum Foundation

Analysis

Town of Normal Childrens Discovery Museum Foundation is a registered charity in United States, based in Normal, IL. It received its IRS tax-exemption ruling in January 1993, 33 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 March 2023, Town of Normal Childrens Discovery Museum Foundation reported income of $273k and spending of $486k, spending 178% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income fell from $458k to $273k (-40%), an average of -16% a year. The sharpest change came in the year to March 2021, when income dropped by 51%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Town of Normal Childrens Discovery Museum Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Inchelium Language and Cultural Assocation ($273k), Cinemama ($273k) and Berwick Historical Society ($273k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $627k against liabilities of $196k, net assets of $431k.

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.