My World Discovery Museum

Analysis

My World Discovery Museum is a registered charity in United States, based in Pocatello, ID. It received its IRS tax-exemption ruling in December 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 (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, My World Discovery Museum reported income of $120k and spending of $118k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $120k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, My World Discovery Museum sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within ID. Charities of a similar size with the same main cause include Shining Stars Network Inc ($120k), Cub Creek Foundation Inc ($120k) and Helix Collective ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 74% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.