Duluth Childrens Museum Inc

Analysis

Duluth Childrens Museum Inc is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in September 1951, 75 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Duluth Childrens Museum Inc reported income of $446k and spending of $578k, spending 130% of what it took in. The sharpest change came in the year to June 2021, when income rose by 70%. Over the whole period it spent 160% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Duluth Childrens Museum Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include California Choral Directors Association ($446k), Dada NMTC 1 Inc ($446k) and Indiana Ballet Theatre NW Inc ($446k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $72k (12% of expenses). Other salaries and wages came to $276k. At year end it held assets of $765k against liabilities of $613k, net assets of $152k. It reported 19 employees.