Childrens Museum of the Treasure Coast Inc

Analysis

Childrens Museum of the Treasure Coast Inc is a registered charity in United States, based in Jensen Beach, FL. It received its IRS tax-exemption ruling in May 2001, 25 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 August 2023, Childrens Museum of the Treasure Coast Inc reported income of $711k and spending of $875k, spending 123% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $639k to $711k (+11%), an average of +2.7% a year. The sharpest change came in the year to August 2022, when income rose by 45%. Over the whole period it spent 114% 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 Treasure Coast Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Calle 24 Latino Cultural District ($711k), Rize Marin ($711k) and Augusta Museum of History Inc ($711k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 24% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $75k (8.6% of expenses). Other salaries and wages came to $376k. At year end it held assets of $1.9m against liabilities of $147k, net assets of $1.8m. It reported 39 employees.