North Lakeland Discovery Center Inc

Analysis

North Lakeland Discovery Center Inc is a registered charity in United States, based in Manitowsh WTR, WI. It received its IRS tax-exemption ruling in November 1996, 30 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 September 2023, North Lakeland Discovery Center Inc reported income of $924k and spending of $928k, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.1m to $924k (-16%), an average of -4.2% a year. The sharpest change came in the year to September 2021, when income rose by 215%. Over the whole period it spent 61% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Lakeland Discovery Center Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Music That Matters Inc ($924k), Actf Management Ltd ($924k) and Teatro Experimental Yerbabruja Inc ($924k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 26% of the total. Other salaries and wages came to $446k. At year end it held assets of $5.1m against liabilities of $42k, net assets of $5.1m. It reported 20 employees.