Childrens Musuem of Brownsville Inc

Analysis

Childrens Musuem of Brownsville Inc is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2022, Childrens Musuem of Brownsville Inc reported income of $1.4m and spending of $839k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $742k to $1.4m (+86%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 76% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Childrens Musuem of Brownsville Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Camelot Camp Inc ($1.4m), Laamistad Inc ($1.4m) and All That ($1.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 46% and program service revenue 44% of the total. Other salaries and wages came to $438k. At year end it held assets of $1.9m against liabilities of $36k, net assets of $1.8m. It reported 50 employees.