Kidsquest Childrens Museum

Analysis

Kidsquest Childrens Museum is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 1997, 29 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, Kidsquest Childrens Museum reported income of $3.7m and spending of $4.6m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.7m (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 165%. Over the whole period it spent 125% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kidsquest Childrens Museum sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WA. Charities of a similar size with the same main cause include Hurrah Players Inc ($3.7m), American Society of Cinematographers ($3.7m) and The Independent Living Center Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $401k (8.7% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $10.0m against liabilities of $4.7m, net assets of $5.2m. It reported 59 employees.