Childrens Museum of Idaho Inc

Analysis

Childrens Museum of Idaho Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in December 2018, 8 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, Childrens Museum of Idaho Inc reported income of $1.1m and spending of $815k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $496k to $1.1m (+131%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 433%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Museum of Idaho Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within ID. Charities of a similar size with the same main cause include Daisy Wilson Artist Community Inc ($1.1m), Cool Culture Inc ($1.1m) and Volcano Art Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 63% of the total. Other salaries and wages came to $321k. At year end it held assets of $5.4m against liabilities of $3.2m, net assets of $2.2m. It reported 23 employees.