Museum of Childrens Arts

Analysis

Museum of Childrens Arts is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in June 1993, 33 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 2023, Museum of Childrens Arts reported income of $2.7m and spending of $2.3m, spending 87% of its income. Across the 5 years on record, from June 2018 to June 2023, income grew from $832k to $2.7m (+222%), an average of +34% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Museum of Childrens Arts sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Midwest Art Conservation Center Inc ($2.7m), Daughters of the Republic of TX Inc ($2.7m) and Connecticut News Project Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $318k (14% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $719k against liabilities of $216k, net assets of $503k.