Tag Childrens Museum of St Augustine Inc

Analysis

Tag Childrens Museum of St Augustine Inc is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in July 2007, 19 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 June 2023, Tag Childrens Museum of St Augustine Inc reported income of $343k and spending of $313k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $113k to $343k (+204%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 110%. Over the whole period it spent 113% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tag Childrens Museum of St Augustine Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Maryland and Pennsylvania Railroad Preservation Society ($343k), Kaddatz Galleries ($343k) and Babes Fest Inc ($343k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $133k. At year end it held assets of $2.4m against liabilities of $1.4m, net assets of $1.0m. It reported 3 employees.