Childrens Museum of Eau Claire Inc

Analysis

Childrens Museum of Eau Claire Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in March 2001, 25 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 Eau Claire Inc reported income of $1.2m and spending of $2.3m, spending 188% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $888k to $1.2m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 92% 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 Eau Claire Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within WI. Charities of a similar size with the same main cause include Arc Stages Inc ($1.2m), Breakthrough BT Media Inc ($1.2m) and Forecast Public Artworks ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $136k (6.0% of expenses). Other salaries and wages came to $759k. At year end it held assets of $12.5m against liabilities of $13.0m, net assets of -$573k. It reported 57 employees.