Grand Island Childrens Museum Inc

Analysis

Grand Island Childrens Museum Inc is a registered charity in United States, based in Grand Island, NE. It received its IRS tax-exemption ruling in August 2021, 5 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, Grand Island Childrens Museum Inc reported income of $113k and spending of $51k, leaving 55% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $96k to $113k (+18%), an average of +8.8% a year. The sharpest change came in the year to December 2022, when income rose by 138%. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Island Childrens Museum Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within NE. Charities of a similar size with the same main cause include Norway Paris Community Television ($113k), Columbia County Youth Theatre Inc ($113k) and Norfolk Area Concert Assoc Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $304k against liabilities of $405, net assets of $303k.