Quincy Childrens Museum

Analysis

Quincy Childrens Museum is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in February 2020, 6 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 December 2023, Quincy Childrens Museum reported income of $813k and spending of $337k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $376k to $813k (+116%), an average of +47% a year. The sharpest change came in the year to December 2022, when income rose by 278%. Over the whole period it spent 20% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Quincy Childrens Museum 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 IL. Charities of a similar size with the same main cause include Colquitt Miller Arts Council Inc ($813k), Mid Atlantic Air Museum Inc ($813k) and Cascade County Historical Society ($812k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 1.6% of the total. Other salaries and wages came to $116k. At year end it held assets of $2.2m against liabilities of $96k, net assets of $2.1m. It reported 2 employees.