Hands on Childrens Museum Inc

Analysis

Hands on Childrens Museum Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 1997, 29 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 December 2023, Hands on Childrens Museum Inc reported income of $345k and spending of $225k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $271k to $345k (+27%), an average of +8.4% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hands on Childrens Museum Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Wisconsin Museum of Quilts & Fiber Arts Inc ($345k), Cyt Phoenix ($345k) and Ukrainians of Colorado ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $11k (5.1% of expenses). Other salaries and wages came to $85k. At year end it held assets of $243k against liabilities of $0, net assets of $243k. It reported 11 employees.