Western Maine Childrens Museum

Analysis

Western Maine Childrens Museum is a registered charity in United States, based in Wilton, ME. It received its IRS tax-exemption ruling in August 2014, 12 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, Western Maine Childrens Museum reported income of $141k and spending of $162k, spending 115% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $218k to $141k (-35%), an average of -8.4% a year. The sharpest change came in the year to December 2023, when income rose by 258%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Western Maine Childrens Museum sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 39th percentile within ME. Charities of a similar size with the same main cause include Dance Iquail Inc ($141k), Pump House Art Gallery ($141k) and Lewisville Lake Symphony Association Inc ($141k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $74k. At year end it held assets of $697k against liabilities of $138k, net assets of $559k. It reported 9 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.