Childrens Museum Of The Arts Inc
- Assets
- $3.3m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 90
- Location
- New York, NY
- Founding
- 02/1994
- Data as of
- 06/2021
- EIN
- 13-3520970
Organization Overview
Childrens Museum Of The Arts Inc is located in New York, NY. The organization was established in 1994. 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 06/2021, Childrens Museum Of The Arts Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum Of The Arts Inc 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, Childrens Museum Of The Arts Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 6 years. 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
THE MISSION OF THE CHILDREN'S MUSEUM OF THE ARTS IS TO INTRODUCE CHILDREN AND THEIR FAMILIES TO THE TRANSFORMATIVE POWER OF THE ARTS BY PROVIDING OPPORTUNITIES TO MAKE ART SIDE-BY-SIDE WITH WORKING ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAMMING: IN THE FISCAL YEAR ENDING JUNE 30, 2021, CMA SERVED ABOUT 149,357 VISITORS; WITH OVER 115,774 RECEIVING FREE SERVICES. NOTABLE CMA PROGRAMS INCLUDE THE LOOK MAKE SHOW DIGITAL COMMONS, A FREE VIRTUAL ARCHIVE OF ON-DEMAND CHILD-CENTERED ARTS EDUCATION RESOURCES.
COMMUNITY PROGRAMS: IN THE 2020-2021 SCHOOL YEAR, CMA SERVED NEARLY 17,247 PEOPLE IN OVER 20 EXTERNAL EDUCATION SITES, LIBRARIES, COMMUNITY CENTERS, OR SHELTERS ACROSS THE CITY. OVER 80% OF THE YOUNG ARTISTS SERVED IN OUR SCHOOLS AND COMMUNITY PROGRAMS COME FROM MINORITY BACKGROUNDS. CMA'S APPROACH TO EXPERIENCING AND CREATING WORKS OF ART BENEFITS EACH CHILD'S INTELLECTUAL, PERSONAL, AND SOCIAL DEVELOPMENT, AND IS PARTICULARLY POWERFUL IN REACHING AT-RISK CHILDREN AND UNDERSERVED COMMUNITIES.
CLASSES: CMA SERVED OVER 4,038 PEOPLE IN OUR AWARD-WINNING CLASSES OFFERED IN BOTH DIGITAL MEDIA AND FINE ARTS. CLASSES INCLUDED: START STUDIO (0-5 YEARS), AFTER SCHOOL (5-12 YEARS), AND ART COLONY (6-15 YEARS). DUE TO THE COVID-19 PANDEMIC, CLASSES WERE HELD PRIMARILY ONLINE AND EMPHASIZED INSPIRATION FOR AT-HOME ART EXPLORATION WHILE BRIDGING BROAD COMMUNITY THEMES INCLUDING SPECIAL SESSIONS DEVOTED TO INDIGENOUS PEOPLE'S DAY, WOMEN'S HISTORY MONTH, DIA DE LOS MUERTOS, AND MARTIN LUTHER KING JR. DAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alexander Seth Cameron Exec. Dir. (eff 2/20) | Officer | 40 | $169,199 |
Erica Freyberger Managing Director | 40 | $112,130 | |
William Floyd President | OfficerTrustee | 8 | $0 |
Cynthia Waiwright Vice President | OfficerTrustee | 5 | $0 |
Allison Russo Vice President | OfficerTrustee | 1 | $0 |
Liselotte Vince Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $729,977 |
| All other contributions, gifts, grants, and similar amounts not included above | $471,941 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,201,918 |
| Total Program Service Revenue | $201,515 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $219,822 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,637,679 |
| 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. | $188,000 |
| Compensation of current officers, directors, key employees. | $37,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $820,715 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $81,871 |
| Payroll taxes | $103,465 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $106,935 |
| Advertising and promotion | $98,876 |
| Office expenses | $46,447 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $309,513 |
| Travel | $2,088 |
| 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 | $209,327 |
| Insurance | $43,434 |
| All other expenses | $33,878 |
| Total functional expenses | $2,130,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,596 |
| Savings and temporary cash investments | $830,593 |
| Pledges and grants receivable | $267,760 |
| 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 | $90,428 |
| Net Land, buildings, and equipment | $1,993,439 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $25,463 |
| Other assets | $52,051 |
| Total assets | $3,261,330 |
| Accounts payable and accrued expenses | $85,900 |
| Grants payable | $0 |
| Deferred revenue | $83,351 |
| 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 | $711,300 |
| Other liabilities | $1,231,720 |
| Total liabilities | $2,112,271 |
| Net assets without donor restrictions | $882,059 |
| Net assets with donor restrictions | $267,000 |
| 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 | $3,261,330 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Childrens Museum Of The Arts Inc has recieved totaling $391,195.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $75,000 |
Horace W Goldsmith Foundation New York, NY PURPOSE: GENERAL OPERATIONS | $50,000 |
Cornelia T Bailey Charitable Trust West Palm Beach, FL PURPOSE: SUPPORT FOR FREE COMMUNITY PROGRAMS | $50,000 |
Horace W Goldsmith Foundation New York, NY PURPOSE: GENERAL OPERATIONS | $50,000 |
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $35,000 |
Rose M Badgeeley Resid Charitable Tr Uw New York, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $30,000 |
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 |