Spark Museum of Electrical Invention

Analysis

Spark Museum of Electrical Invention is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in June 1998, 28 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, Spark Museum of Electrical Invention reported income of $334k and spending of $258k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $334k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spark Museum of Electrical Invention sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Arthouse Studio ($334k), The Society of American Military Engineers Foundation ($334k) and Beaufort Arts and Music Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 52% of the total. Other salaries and wages came to $135k. At year end it held assets of $253k against liabilities of $206, net assets of $253k. It reported 3 employees.