Wondertrek Childrens Museum

Analysis

Wondertrek Childrens Museum is a registered charity in United States, based in Brainerd, MN. It received its IRS tax-exemption ruling in July 2019, 7 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 June 2023, Wondertrek Childrens Museum reported income of $379k and spending of $346k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $451k to $379k (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2021, when income rose by 13343%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wondertrek Childrens Museum sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within MN. Charities of a similar size with the same main cause include Theater Reaching Young People & Schools Inc ($379k), Southwest Michigan Symphony Orchestra Inc ($379k) and Institute for Responsible Technology ($379k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $134k. At year end it held assets of $141k against liabilities of $17k, net assets of $124k. It reported 9 employees.