Childrens Museum

Analysis

Childrens Museum is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1980, 46 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, Childrens Museum reported income of $2.1m and spending of $1.8m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+65%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 95% 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 sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Earthquake Engineering Research Institute Inc ($2.1m), Alliance for Working Together Foundation ($2.1m) and The Nathan B Stubblefield Foundation Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $929k. At year end it held assets of $904k against liabilities of $621k, net assets of $283k. It reported 30 employees.