Temple Childrens Museum

Analysis

Temple Childrens Museum is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in September 2018, 8 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, Temple Childrens Museum reported income of $413k and spending of $241k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $119k to $413k (+248%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Temple Childrens Museum sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Steamboat Springs Free Summerconcert Series ($413k), Greenwood Community Theatre Inc ($414k) and Chamber Music Charleston ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 21% of the total. Other salaries and wages came to $80k. At year end it held assets of $834k against liabilities of $580, net assets of $833k. It reported 16 employees.