Kids Discovery Factory Inc

Analysis

Kids Discovery Factory Inc is a registered charity in United States, based in Batesville, IN. It received its IRS tax-exemption ruling in November 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kids Discovery Factory Inc reported income of $337k and spending of $153k, leaving 55% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $495k to $337k (-32%), an average of -12% a year. The sharpest change came in the year to December 2023, when income rose by 264%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kids Discovery Factory Inc 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 64th percentile, and in the 63rd percentile within IN. Charities of a similar size with the same main cause include Alliance Francaise de Berkeley ($337k), Polk County Fair & Rodeo Association ($337k) and Cedarburg Landmark Preservation Society Inc ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $64k. It paid $1,647 in professional fundraising fees. At year end it held assets of $992k against liabilities of $395k, net assets of $596k. It reported 2 employees.