Discovery Center of Idaho Inc

Analysis

Discovery Center of Idaho Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in May 1991, 35 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 June 2024, Discovery Center of Idaho Inc reported income of $1.9m and spending of $2.1m, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.9m (+72%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Discovery Center of Idaho Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within ID. Charities of a similar size with the same main cause include Berks Arts Council ($1.9m), The Rabbit Hole KC ($1.9m) and Rosies Theater Kids Inc ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $130k (6.3% of expenses). Other salaries and wages came to $570k. At year end it held assets of $2.9m against liabilities of $311k, net assets of $2.6m. It reported 31 employees.