Wow Childrens Museum World of Wonder Ltd

Analysis

Wow Childrens Museum World of Wonder Ltd is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in November 1997, 29 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, Wow Childrens Museum World of Wonder Ltd reported income of $841k and spending of $794k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $866k to $841k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wow Childrens Museum World of Wonder Ltd sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include Open Transformation Lab Inc ($841k), Dallas Makerspace ($841k) and Alabama Center for the Arts Foundation ($841k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $365k. At year end it held assets of $477k against liabilities of $117k, net assets of $360k. It reported 15 employees.