Huntington Childrens Museum Inc

Analysis

Huntington Childrens Museum Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in November 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, Huntington Childrens Museum Inc reported income of $1.0m and spending of $53k, leaving 95% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $395k to $1.0m (+153%), an average of +154% a year. The sharpest change came in the year to December 2023, when income rose by 153%. Over the whole period it spent 6.5% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Huntington Childrens Museum Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within WV. Charities of a similar size with the same main cause include Sacramento Childrens Museum ($1.0m), Des Moines Film Society ($1.0m) and Suicide Awareness-Voices of Education ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $335k, net assets of $1.4m.