Santa Cruz Childrens Museum of Discovery

Analysis

Santa Cruz Childrens Museum of Discovery is a registered charity in United States, based in Capitola, CA. It received its IRS tax-exemption ruling in August 2016, 10 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 June 2023, Santa Cruz Childrens Museum of Discovery reported income of $299k and spending of $298k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $400k to $299k (-25%), an average of -7.1% a year. The sharpest change came in the year to June 2022, when income rose by 455%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Cruz Childrens Museum of Discovery sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Bach Concert Series ($299k), Great Lakes Lighthouse Keepers Association ($299k) and Spark Photonics Foundation Inc ($299k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $74k (25% of expenses). Other salaries and wages came to $73k. At year end it held assets of $350k against liabilities of $55k, net assets of $294k. It reported 9 employees.