Lutz Childrens Museum
- Assets
- $506.5k
- Revenue
- $463.9k
- Investments
- $0.0
- Employees
- 15
- Location
- Manchester, CT
- Founding
- 06/1959
- Data as of
- 06/2023
- EIN
- 06-0740514
Organization Overview
Lutz Childrens Museum is located in Manchester, CT. The organization was established in 1959. 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 06/2023, Lutz Childrens Museum employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lutz Childrens 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 06/2023, Lutz Childrens Museum generated $463.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $558.4k during the year ending 06/2023. While expenses have increased by 6.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A MULTI-FACETED MUSEUM FOR CHILDREN TO EXPLORE CULTURE, HISTORY, AND THE NATURAL SCIENCES THROUGH INTERNAL AND EXTERNAL EXHIBITS, PROGRAMS, AND EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S MUSEUM EXHIBITS COVER VARIOUS DISCIPLINES SUCH AS HISTORY, PHYSICAL SCIENCE, ETHNOLOGY, AND ART, SERVING APPROXIMATELY 35,000 PEOPLE. THE ORGANIZATION PROVIDES A VARIETY OF EDUCATIONAL RESOURCES TO TEACHERS, LIBRARIANS, AND OTHERS WORKING WITH CHILDREN. RESOURCE LESSONS ARE TAUGHT BY STAFF AND VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Radikas President | OfficerTrustee | 2 | $0 |
Charnaie Gordon Vice President | OfficerTrustee | 2 | $0 |
Phyllis Liebman Secretary | OfficerTrustee | 2 | $0 |
Michael Purcaro Treasurer | OfficerTrustee | 2 | $0 |
Tracy Patterson Trustee | Trustee | 2 | $0 |
Jay Moran Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $35,994 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $136,150 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,076 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $301,220 |
| Total Program Service Revenue | $157,938 |
| Investment income | $12,632 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,816 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,890 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $463,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $83,308 |
| Compensation of current officers, directors, key employees. | $33,323 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $216,400 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,375 |
| Payroll taxes | $29,266 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,020 |
| Fees for services: Accounting | $5,721 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,218 |
| Fees for services: Other | $775 |
| Advertising and promotion | $1,949 |
| Office expenses | $13,995 |
| Information technology | $22,782 |
| Royalties | $0 |
| Occupancy | $31,751 |
| Travel | $3,459 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,162 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,129 |
| Insurance | $8,685 |
| All other expenses | $871 |
| Total functional expenses | $558,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,098 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $742 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $146,778 |
| Investments—publicly traded securities | $291,887 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $506,505 |
| Accounts payable and accrued expenses | $25,463 |
| Grants payable | $0 |
| Deferred revenue | $7,620 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $49,900 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $82,983 |
| Net assets without donor restrictions | $397,963 |
| Net assets with donor restrictions | $25,559 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $506,505 |