Arts, Culture & Humanities
(A570)
IRS Verified
DX Registered
990 on File
SCIENCE MUSEUMS OF WILSON INC
Financial strength (30%)
80/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
magination Station Science & History Museum exists to stimulate an interest in science, technology, and history while improving the quality of informal science education through dynamic hands-on science learning. Through outreach, interactive programs and exhibits, Imagination Station is committed to serving as a major educational resource center for eastern North Carolina families, school systems, educators, and students. Imagination Station seeks to enable people of all ages to discover the impacts and future of science and technology on their daily lives.
Financial Overview — FY 2024
$436K
Total Revenue
$481K
Total Expenses
$827K
Net Assets
21
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.8%
Fundraising Efficiency
293.9%
Operating Reserve
20.65x
Liability-to-Asset
7.1%
Revenue Diversification
80.0%
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.8% | 82.0% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
20.5% | 14.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.7% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
293.9% | 28.2% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
20.7 mo | 9.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.1% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
80.0% | 79.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
3.3% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.9% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-10.3% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $436K | $481K | $827K | 78.8% | 21 |
| 2023 | $422K | $458K | $872K | 77.2% | 18 |
| 2022 | $331K | $457K | $908K | 75.9% | 21 |
| 2021 | $681K | $436K | N/A | — | 26 |
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