Childrens Museum Of Manhattan
- Assets
- $83.0m
- Revenue
- $10.7m
- Investments
- $0.0
- Employees
- 98
- Location
- New York, NY
- Founding
- 07/1974
- Data as of
- 06/2022
- EIN
- 13-2761376
Organization Overview
Childrens Museum Of Manhattan is located in New York, NY. The organization was established in 1974. 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, Childrens Museum Of Manhattan employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum Of Manhattan 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 06/2022, Childrens Museum Of Manhattan generated $10.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CHILDREN'S MUSEUM OF MANHATTAN IS A STEWARD OF EARLY CHILDHOOD, HELPING ALL CHILDREN GROW AND DEVELOP INTO THEIR BEST SELVES. WE EXECUTE THIS MISSION BY PROMOTING LITERACY, EARLY CHILDHOOD EDUCATION, HEALTH AND CREATIVITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S MUSEUM OF MANHATTAN (CMOM) SERVED OVER 115,000 PEOPLE IN FISCAL YEAR 2022. CMOM HOUSES FIVE PERMANENT EXHIBITIONS DESIGNED TO PROMOTE EXECUTIVE FUNCTIONS AND SOCIAL-EMOTIONAL SKILLS IN YOUNG CHILDREN AND TEACH PARENTS ABOUT THEIR ROLE IN EARLY CHILDHOOD DEVELOPMENT. NOTABLY, THE MUSEUM OPENED A NEW ITERATION OF THE EXHIBITION SERIES INSIDE ART: CREATE CLIMB COLLABORATE. THESE EXHIBITIONS ARE ACTIVATED WITH DAILY DROP-IN PUBLIC PROGRAMS THAT EXPLORE ART, WORLD CULTURES, AND STEM. PARTNERSHIPS WITH NYC PUBLIC SCHOOLS ALLOWED CHILDREN WITH DISABILITIES THE CHANCE TO EXPLORE THE MUSEUM AT THEIR OWN PACE WHILE IT WAS CLOSED TO THE PUBLIC. CMOM ALSO PARTNERED WITH HOMELESS SHELTERS TO HOLD WORKSHOPS FOR RESIDENTS AND INVITE THEM TO THE MUSEUM FOR PRIVATE WORKSHOPS AND TIME TO EXPLORE. THE PARTNERSHIPS INCLUDED THE INSTALLATION OF LEARNING HUBS IN SHELTER COMMUNITY ROOMS WHERE RESIDENTS CAN CONTINUE LEARNING AND PLAYING EVEN WHEN UNABLE TO VISIT THE MUSEUM ITSELF. ALL THOSE PARTICIPATING IN THE ABOVE OUTREACH AND ACCESS PROGRAMS RECEIVED FREE MEMBERSHIP TO THE MUSEUM. THE PROGRAMS HAVE A REACH OF APPROXIMATELY 20,000 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aileen Hefferren CEO And Director | Officer | 40 | $456,642 |
Karen Kincaid Chief Advancement Officer | Officer | 40 | $217,187 |
Leslie Mcmahon Bushara Chief Program Officer | Officer | 40 | $187,008 |
Gregory Perez Chief Creative Officer, Until 01/2022 | 40 | $186,580 | |
Peggy Hwan Hebard COO And CFO | Officer | 40 | $172,229 |
Thomas G Quaranta Capital Project Manager | 40 | $147,315 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fxcollaborative Architects Architecture And Engineering | 6/29/22 | $1,213,100 |
Gardiner And Theobald Construction/project Consulting | 6/29/22 | $176,201 |
Resnicow Associates Inc Public Relations Services | 6/29/22 | $169,615 |
Cozen O'connor Public Strategies Llc Government Lobbying | 6/29/22 | $114,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $536,422 |
| Fundraising events | $972,675 |
| Related organizations | $0 |
| Government grants | $1,079,106 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,886,865 |
| Noncash contributions included in lines 1a–1f | $423,603 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,475,068 |
| Total Program Service Revenue | $1,143,177 |
| Investment income | $42,545 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $54,078 |
| Net Gain/Loss on Asset Sales | -$24,975 |
| Net Income from Fundraising Events | -$80,505 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $73,680 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,710,271 |
| 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. | $658,832 |
| Compensation of current officers, directors, key employees. | $176,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,148,736 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124,919 |
| Payroll taxes | $146,333 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $74,350 |
| Fees for services: Lobbying | $168,800 |
| Fees for services: Fundraising | $25,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $557,045 |
| Advertising and promotion | $0 |
| Office expenses | $460,333 |
| Information technology | $179,764 |
| Royalties | $0 |
| Occupancy | $634,345 |
| Travel | $41,005 |
| 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 | $477,967 |
| Insurance | $184,966 |
| All other expenses | $0 |
| Total functional expenses | $6,024,435 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,692,082 |
| Savings and temporary cash investments | $10,023,803 |
| Pledges and grants receivable | $4,004,271 |
| Accounts receivable, net | $986,720 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,457 |
| Prepaid expenses and deferred charges | $107,784 |
| Net Land, buildings, and equipment | $62,276,407 |
| Investments—publicly traded securities | $906,330 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,209 |
| Total assets | $83,018,063 |
| Accounts payable and accrued expenses | $820,430 |
| Grants payable | $0 |
| Deferred revenue | $420,885 |
| 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 | $16,066,070 |
| Unsecured mortgages and notes payable | $13,862,986 |
| Other liabilities | $0 |
| Total liabilities | $31,170,371 |
| Net assets without donor restrictions | $11,587,576 |
| Net assets with donor restrictions | $40,260,116 |
| 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 | $83,018,063 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Childrens Museum Of Manhattan has recieved totaling $65,500.
| Awarding Organization | Amount |
|---|---|
Gray Foundation Cohoes, NY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $50,000 |
Revlis Foundation New York, NY PURPOSE: GENERAL CHARITABLE | $15,000 |
Ggm Tr Harrisville, NH PURPOSE: GENERAL PURPOSE | $500 |
Endowment Analysis
| Beg. Balance | $1,005,451 |
| Earnings | -$27,585 |
| Ending Balance | $977,866 |
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 |