Sugar Hill Childrens Museum of Art and Storytelling

Analysis

Sugar Hill Childrens Museum of Art and Storytelling is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 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, Sugar Hill Childrens Museum of Art and Storytelling reported income of $822k and spending of $2.1m, spending 254% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $822k (-52%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 176% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sugar Hill Childrens Museum of Art and Storytelling sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Open Library Foundation ($822k), Camerata Singers of Long Beach Inc ($822k) and Indigo Cultural Center ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 4.4% of the total. Other salaries and wages came to $555k. At year end it held assets of $907k against liabilities of $2.1m, net assets of -$1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.