Childrens Museum of Acadiana

Analysis

Childrens Museum of Acadiana is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in August 1991, 35 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Childrens Museum of Acadiana reported income of $815k and spending of $614k, leaving 25% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $383k to $815k (+113%), an average of +16% a year. The sharpest change came in the year to July 2024, when income rose by 52%. Over the whole period it spent 91% 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 Acadiana 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 76th percentile within LA. Charities of a similar size with the same main cause include Biocom Institute ($815k), New York International Childrens Film Festival Inc ($815k) and National Association for Media Literacy Education ($815k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 31% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $38k (6.1% of expenses). Other salaries and wages came to $288k. At year end it held assets of $859k against liabilities of $13k, net assets of $846k. It reported 37 employees.