Imaginarium Incorporated

Analysis

Imaginarium Incorporated is a registered charity in United States, based in Emporia, KS. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Imaginarium Incorporated reported income of $358k and spending of $252k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $358k (+499%), an average of +498% a year. The sharpest change came in the year to December 2023, when income rose by 499%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imaginarium Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within KS. Charities of a similar size with the same main cause include PTA Colorado Congress ($358k), Texas Association of Physical Plant Adms of Universities & College Inc ($358k) and Institute for Experiential Learning Inc ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $94k (37% of expenses). Other salaries and wages came to $25k. At year end it held assets of $148k against liabilities of $65k, net assets of $83k. It reported 11 employees.