Mid-Michigan Childrens Museum

Analysis

Mid-Michigan Childrens Museum is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in August 2000, 26 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, Mid-Michigan Childrens Museum reported income of $684k and spending of $589k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $557k to $684k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-Michigan Childrens Museum sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Crow Language Consortium ($684k), Black Heritage Trail of New Hampshire Inc ($684k) and Winona County Historical Society Inc ($684k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $69k (12% of expenses). Other salaries and wages came to $162k. At year end it held assets of $3.0m against liabilities of $40k, net assets of $3.0m. It reported 7 employees.