The Childrens Museum, operating under the name Boston Children's Museum, is located in Boston, MA. The organization was established in 1934. According to its NTEE Classification (A52) the organization is classified as: Children's Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Boston Children's Museum employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Children's Museum is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Boston Children's Museum generated $9.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $7.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BOSTON CHILDREN'S MUSEUM ENGAGES CHILDREN AND FAMILIES IN JOYFUL DISCOVERY EXPERIENCES THAT INSTILL AN APPRECIATION OF OUR WORLD, DEVELOP FOUNDATIONAL SKILLS, AND SPARK A LIFELONG LOVE OF LEARNING. BOSTON CHILDREN'S MUSEUM IS A WELCOMING, IMAGINATIVE, CHILD-CENTERED LEARNING ENVIRONMENT THAT SUPPORTS DIVERSE FAMILIES IN NURTURING THEIR CHILDREN'S CREATIVITY AND CURIOSITY. WE PROMOTE THE HEALTHY DEVELOPMENT OF ALL CHILDREN SO THAT THEY WILL FULFILL THEIR POTENTIAL AND CONTRIBUTE TO OUR COLLECTIVE WELLBEING AND FUTURE PROSPERITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION PROGRAMSTHE GOAL OF EDUCATION PROGRAMS IS TO DEVELOP AND IMPLEMENT INTERACTIVE EXPERIENCES THAT ENHANCE THE MUSEUM'S EXHIBITS FOR CHILDREN AND ADULTS IN THE AREAS OF STEM AND STEAM, VISUAL AND PERFORMING ARTS, HEALTH AND WELLNESS, CULTURES, EARLY CHILDHOOD DEVELOPMENT AND LEARNING, AND COMMUNITY ENGAGEMENT. EDUCATION PROGRAMS INCLUDE SELF-GUIDED AND STRUCTURED SCHOOL PROGRAMS, SCHOOL READINESS PROGRAMS IN PARTNERSHIP WITH COMMUNITY AGENCIES, DESIGNATED PROGRAMS FOR CHILDREN AND FAMILIES WITH SPECIAL NEEDS, SCIENCE DISCOVERY PROGRAMS, ART STUDIO WORKSHOPS, PERFORMING ARTS DEMONSTRATIONS AND WORKSHOPS, AND LIVE THEATER EXPRESSLY GEARED TO YOUNG VISITORS.
MEMBERSHIPS
VISITOR PROGRAMSTHE GOAL OF VISITOR PROGRAMS IS TO PROVIDE HIGH QUALITY EXPERIENCES FOR OUR LARGE AUDIENCE OF DIVERSE VISITORS, WHETHER THEY COME IN AS SCHOOL OR COMMUNITY GROUPS, OR FAMILIES. WE SEEK TO ADDRESS THE LEARNING NEEDS AND INTERESTS OF CHILDREN BIRTH TO TEN YEARS OLD, AS WELL AS THEIR ACCOMPANYING ADULTS WHO COMPRISE 50% OF THE AUDIENCE. TO DO THIS, WE DEVELOP STAFF TALENT IN DELIVERING EXCELLENT CUSTOMER SERVICE, PUBLIC PROGRAMS, AND ENGAGING INTERACTION WITH VISITORS TO HELP THEM MAXIMIZE THE LEARNING IMPACT AND DELIGHT IN DISCOVERY. VISITOR PROGRAMS WORKS TO CREATE AN INCLUSIVE ENVIRONMENT THAT WELCOMES ALL.
EXHIBITIONSTHE GOAL OF EXHIBITIONS IS TO DEVELOP, DESIGN AND PRODUCE INNOVATIVELY AWESOME EXPERIENCES THAT ENGAGE CHILDREN AND ADULTS IN MEANINGFUL ACTIVITIES THAT INSPIRE CREATIVITY, CURIOSITY, EXPERIMENTATION, PROBLEM SOLVING, AND COLLABORATION. EXHIBITS ARE POWERFUL TOOLS FOR PLAY AND LEARNING, AND FOR OPENING THE IMAGINATION TO NEW WORLDS AND IDEAS. WITH A GREAT DEPTH AND BREADTH OF STAFF EXPERTISE IN THE ARTS, STEM/STEAM, HEALTH AND WELLNESS, CULTURES AND EARLY CHILDHOOD EDUCATION, THE MUSEUM CREATES EXHIBITS THAT MAY APPEAR DECEPTIVELY SIMPLE BUT ARE FOUNDED IN THE THEORY AND PRACTICE OF HOW CHILDREN AND FAMILIES LEARN BEST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Lamonica Trustee | Trustee | 0.38 | $0 |
Helen Rosenfeld Trustee, Vice Chair | OfficerTrustee | 0.5 | $0 |
Thomas Mccrorey Trustee, Treasurer | OfficerTrustee | 0.5 | $0 |
Anthony Bordon Trustee | Trustee | 0.38 | $0 |
Renee Boynton-Jarrett Trustee | Trustee | 0.38 | $0 |
Todd Cassler Trustee | Trustee | 0.38 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cbre Inc Property Management | 6/29/22 | $352,012 |
Securitas Security Services Us Museum & Building Security | 6/29/22 | $337,926 |
Acp Cleaning Inc Museum & Tenant Cleaning | 6/29/22 | $315,376 |
Custom Computer Specialists Inc It And Network Monitoring Services | 6/29/22 | $202,363 |
Sunrise Erectors Construction Contractor | 6/29/22 | $138,800 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $6,730,954 |
Investment income | $42,824 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$89,433 |
Net Gain/Loss on Asset Sales | $265,593 |
Net Income from Fundraising Events | -$51,849 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,246,217 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $486,166 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,994,847 |
Pension plan accruals and contributions | $74,758 |
Other employee benefits | $289,068 |
Payroll taxes | $253,759 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,776 |
Fees for services: Accounting | $25,201 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $4,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $661,601 |
Advertising and promotion | $6,581 |
Office expenses | $110,390 |
Information technology | $304,080 |
Royalties | $0 |
Occupancy | $806,201 |
Travel | $3,288 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,321,250 |
Insurance | $97,466 |
All other expenses | $0 |
Total functional expenses | $7,761,594 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,766,517 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $917,300 |
Accounts receivable, net | $115,315 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $41,600 |
Investments—publicly traded securities | $0 |
Investments—other securities | $19,758,883 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,144,515 |
Total assets | $60,090,275 |
Accounts payable and accrued expenses | $1,121,855 |
Grants payable | $0 |
Deferred revenue | $220,000 |
Tax-exempt bond liabilities | $10,599,028 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $1,293,057 |
Other liabilities | $816,862 |
Total liabilities | $14,050,802 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $46,039,473 |