Childrens Museum of Rochester Inc

Analysis

Childrens Museum of Rochester Inc is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in December 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 (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 Rochester Inc reported income of $1.1m and spending of $941k, spending 86% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $1.1m to $1.1m (+1.5%), an average of +0.7% a year. Over the whole period it spent 69% 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 Rochester Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MN. Charities of a similar size with the same main cause include Friends of Fort Lee Film Inc ($1.1m), Shirley-Eustis House Association ($1.1m) and Friends of the Brentwood Art Center ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $135k (14% of expenses). Other salaries and wages came to $364k. At year end it held assets of $2.5m against liabilities of $527k, net assets of $2.0m. It reported 23 employees.