Cobb County Youth Museum Inc

Analysis

Cobb County Youth Museum Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in January 1965, 61 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 April 2024, Cobb County Youth Museum Inc reported income of $190k and spending of $216k, spending 114% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income fell from $213k to $190k (-11%), an average of -2.8% a year. The sharpest change came in the year to April 2022, when income rose by 149%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cobb County Youth Museum Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include The National Voice of America Museum of Broadcasting ($190k), Kona Choral Society Inc ($190k) and Hellerstein Foundation ($190k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 15% and program service revenue 71% of the total. Other salaries and wages came to $141k. At year end it held assets of $480k against liabilities of $0, net assets of $480k. It reported 10 employees.