Childrens Museum of the Upstate Inc

Analysis

Childrens Museum of the Upstate Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in September 2000, 26 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 Museum of the Upstate Inc reported income of $3.8m and spending of $4.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $3.8m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 116% 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 Museum of the Upstate Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Smuin Ballets-Sf ($3.8m), Riviera Theatre & Organ Preservation Society Inc ($3.8m) and Pioneer Center for the Performing Arts ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 67% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $29.9m against liabilities of $8.5m, net assets of $21.4m. It reported 93 employees.