The Childrens Museum of the Brazos Valley

Analysis

The Childrens Museum of the Brazos Valley is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in June 1996, 30 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 December 2023, The Childrens Museum of the Brazos Valley reported income of $331k and spending of $472k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $331k (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2021, when income rose by 3237%. Over the whole period it spent 130% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Childrens Museum of the Brazos Valley sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Behind the Scene International ($331k), Art Lab Inc ($331k) and The Movement Center ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $55k (12% of expenses). Other salaries and wages came to $125k. At year end it held assets of $372k against liabilities of $564k, net assets of -$192k. It reported 18 employees.