Knock Knock Childrens Museum Inc

Analysis

Knock Knock Childrens Museum Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Knock Knock Childrens Museum Inc reported income of $2.2m and spending of $3.0m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.2m (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 140% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Knock Knock Childrens Museum Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within LA. Charities of a similar size with the same main cause include JMT Wilderness Conservancy ($2.2m), Groundwork Jacksonville Inc ($2.2m) and Ruth Bancroft Garden Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 54% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $8.9m against liabilities of $261k, net assets of $8.6m. It reported 91 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.