Science Museum Of Long Island
- Assets
- $968.0k
- Revenue
- $792.0k
- Investments
- $0.0
- Employees
- 16
- Location
- Plandome, NY
- Founding
- 11/1964
- Data as of
- 08/2021
- EIN
- 11-6038976
Organization Overview
Science Museum Of Long Island is located in Plandome, NY. The organization was established in 1964. 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 08/2021, Science Museum Of Long Island employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Science Museum Of Long Island 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 08/2021, Science Museum Of Long Island generated $792.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $512.5k during the year ending 08/2021. While expenses have increased by 3.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MAJOR PURPOSE IS TO EDUCATE AND ENTERTAIN CHILDREN THROUGH SCIENCE. MAJOR PROGRAMS INCLUDE SCHOOL PROGRAMS, AFTER SCHOOL WORKSHOPS, SUMMER PROGRAMS, AND TEACHER
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING EDUCATION IN THE SCIENCES PRIMARILY TO CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristen Laird Executive Director | 35 | $59,443 | |
Daniel Steiger Chief Administrator (former) | 35 | $40,767 | |
Hildur Palsdottir PHD President | OfficerTrustee | 10 | $0 |
Matthew Ricciardi ESQ Vice President | OfficerTrustee | 5 | $0 |
Sean Martens Treasurer | OfficerTrustee | 5 | $0 |
Corrine Michels PHD Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,942 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $58,412 |
| All other contributions, gifts, grants, and similar amounts not included above | $60,466 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,820 |
| Total Program Service Revenue | $639,683 |
| Investment income | $349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $791,994 |
| 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. | $100,210 |
| Compensation of current officers, directors, key employees. | $100,210 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $183,397 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,108 |
| Payroll taxes | $23,216 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,930 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1 |
| Travel | $938 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,805 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,214 |
| Insurance | $0 |
| All other expenses | $123,489 |
| Total functional expenses | $512,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $784,402 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $8,920 |
| Net Land, buildings, and equipment | $174,660 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $967,982 |
| Accounts payable and accrued expenses | $27,957 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $215,492 |
| Total liabilities | $243,449 |
| Net assets without donor restrictions | $724,533 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $967,982 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Science Museum Of Long Island has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Preservation League Of New York State Albany, NY PURPOSE: NORWOOD HOUSE & CARRIAGE HOUSE - LEEDS POND PRESERVE - BUILDING CONDITION RE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Museum Of Pittsburgh Pittsburgh, PA | $36,701,530 | $10,739,770 |
The Childrens Museum Boston, MA | $60,090,275 | $9,246,217 |
Stepping Stones Museum For Children Inc Norwalk, CT | $16,093,030 | $8,372,447 |
Please Touch Museum Philadelphia, PA | $36,070,545 | $4,528,384 |
Childrens Museum Of Manhattan New York, NY | $83,018,063 | $10,710,271 |
Brooklyn Childrens Museum Corp Brooklyn, NY | $6,339,704 | $5,454,664 |
The Da Vinci Discovery Center Of Science And Technology Allentown, PA | $21,750,909 | $13,640,164 |
Long Island Childrens Museum Garden City, NY | $2,096,939 | $3,658,400 |
Explore & More A Childrens Museum Buffalo, NY | $16,170,645 | $2,361,705 |
Discovery Museums Inc Acton, MA | $11,301,287 | $4,406,909 |
Childrens Museum Of The Arts Inc New York, NY | $3,261,330 | $1,637,679 |
Childrens Museum Of The East End Bridgehampton, NY | $4,796,967 | $1,642,906 |