Hands on Childrens Museum

Analysis

Hands on Childrens Museum is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in May 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hands on Childrens Museum reported income of $5.9m and spending of $4.8m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.0m to $5.9m (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hands on Childrens Museum sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Kidspace a Participatory Museum ($5.9m), American Cinematheque ($5.9m) and All Classical Public Media Inc ($5.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $271k (5.6% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $5.9m against liabilities of $3.0m, net assets of $2.9m. It reported 106 employees.