Columbus Area Childrens Museum Inc

Analysis

Columbus Area Childrens Museum Inc is a registered charity in United States, based in Columbus, NE. It received its IRS tax-exemption ruling in September 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, Columbus Area Childrens Museum Inc reported income of $585k and spending of $166k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $585k (+348%), an average of +348% a year. The sharpest change came in the year to December 2023, when income rose by 348%. Over the whole period it spent 24% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbus Area Childrens Museum Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include American Academy of Matrimonial Lawyers Foundation ($585k), Lexington Community Media Center Inc ($585k) and Holland Symphony Orchestra Inc ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $56k (34% of expenses). Other salaries and wages came to $9,443. At year end it held assets of $1.6m against liabilities of $1.1m, net assets of $548k. It reported 4 employees.