Wonderfeet Kids Museum

Analysis

Wonderfeet Kids Museum is a registered charity in United States, based in Rutland, VT. It received its IRS tax-exemption ruling in May 2013, 13 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, Wonderfeet Kids Museum reported income of $441k and spending of $586k, spending 133% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $172k to $441k (+156%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 264%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wonderfeet Kids Museum 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 62nd percentile within VT. Charities of a similar size with the same main cause include Historic Desoto Theatre Foundation Inc ($441k), Columbia Choirs Association ($441k) and Plymouth Guild Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $48k (8.1% of expenses). Other salaries and wages came to $104k. At year end it held assets of $463k against liabilities of $12k, net assets of $450k. It reported 16 employees.