Northeast Louisiana Childrens Museum Inc

Analysis

Northeast Louisiana Childrens Museum Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in April 1995, 31 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 June 2023, Northeast Louisiana Childrens Museum Inc reported income of $851k and spending of $436k, leaving 49% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $250k to $851k (+240%), an average of +50% a year. The sharpest change came in the year to June 2023, when income rose by 105%. 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, Northeast Louisiana Childrens Museum Inc 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 Commonweal Theatre Company ($851k), Wyoming County Cultural Center Inc ($851k) and Lincoln City Cultural Center Inc ($851k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $55k (13% of expenses). Other salaries and wages came to $80k. At year end it held assets of $847k against liabilities of $7,637, net assets of $840k. It reported 19 employees.