Childrens Museum of the Mov Inc

Analysis

Childrens Museum of the Mov Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in April 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 (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, Childrens Museum of the Mov Inc reported income of $3.1m and spending of $1.7m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $815k to $3.1m (+280%), an average of +40% a year. The sharpest change came in the year to December 2020, when income rose by 225%. Over the whole period it spent 15% 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 the Mov Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within WV. Charities of a similar size with the same main cause include Iqa Foundation ($3.1m), Outlier Media ($3.1m) and Albany Research Institute Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $75k (4.4% of expenses). Other salaries and wages came to $317k. At year end it held assets of $13.4m against liabilities of $229k, net assets of $13.2m. It reported 67 employees.