Childrens Imaginarium Inc

Analysis

Childrens Imaginarium Inc is a registered charity in United States, based in Wausau, WI. It received its IRS tax-exemption ruling in August 2014, 12 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 Imaginarium Inc reported income of $1.2m and spending of $312k, leaving 73% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $2.1m to $1.2m (-43%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 55%. Over the whole period it spent 8.8% 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 Imaginarium Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WI. Charities of a similar size with the same main cause include Pella Historical Society ($1.2m), Faith Broadcasting Inc ($1.2m) and The American Coaster Enthusiasts Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $34k (11% of expenses). Other salaries and wages came to $41k. At year end it held assets of $6.2m against liabilities of $1.7m, net assets of $4.5m. It reported 7 employees.