Des Moines Childrens Museum

Analysis

Des Moines Childrens Museum is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in April 2017, 9 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, Des Moines Childrens Museum reported income of $306k and spending of $313k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $247k to $306k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Des Moines Childrens Museum sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include Conifers Stagedoor Theatre Inc ($306k), Moving Theater ($306k) and Packard Museum Association ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $39k (13% of expenses). Other salaries and wages came to $164k. At year end it held assets of $106k against liabilities of $0, net assets of $106k. It reported 18 employees.