Childrens Museum of Denver Inc

Analysis

Childrens Museum of Denver Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 1974, 52 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, Childrens Museum of Denver Inc reported income of $11.7m and spending of $9.2m, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.5m to $11.7m (+56%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 147%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Childrens Museum of Denver Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include University Musical Society ($11.7m), Springboard for the Arts ($11.7m) and Joyce Theater Foundation Inc ($11.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $763k (8.3% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $29.4m against liabilities of $2.2m, net assets of $27.2m. It reported 124 employees.