Blacksburg Childrens Museum
- Assets
- $566.4k
- Revenue
- $215.4k
- Investments
- $0.0
- Employees
- 13
- Location
- Christiansburg, VA
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 26-3715029
Organization Overview
Blacksburg Childrens Museum, operating under the name Wonder Universe A Children's Museum, is located in Christiansburg, VA. The organization was established in 2010. 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 12/2021, Wonder Universe A Children's Museum employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wonder Universe A 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 12/2021, Wonder Universe A Children's Museum generated $215.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $255.5k during the year ending 12/2021. While expenses have increased by 8.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS A LEARNING PLAYGROUND, THE BLACKSBURG CHILDREN'S MUSEUM IS DEVOTED TO NURTURING THE CURIOSITY AND CREATIVITY OF CHILDREN THROUGH THE EXPLORATION OF SCIENCE, TECHNOLOGY, THE ARTS, AND REGIONAL HERITAGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A LEARNING PLAYGROUND, THE BLACKSBURG CHILDREN'S MUSEUM IS DEVOTED TO NURTURING THE CURIOUSITY AND CREATIVITY OF CHILDREN THROUGH THE EXPLORATION OF SCIENCE, TECHNOLOGY, THE ARTS, AND REGIONAL HERITAGE.
CAPITAL FUNDS SPENT TOWARDS PROGRAM/MISSION IN REGARDS TO CHANGES IN ORGANIZATION LOCATION CURRENT EXPENSES INCLUDE DEPRECIATION ON EXHIBITS THAT ARE CLASSIFIED AS LEASEHOLD IMPROVEMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Byers Board Chair | OfficerTrustee | 2 | $0 |
Amanda Morris Vice-Chair | OfficerTrustee | 2 | $0 |
Jessica Jeter Treasurer | OfficerTrustee | 2 | $0 |
Breann Bailey Secretary | OfficerTrustee | 2 | $0 |
Jim Martin Member | Trustee | 2 | $0 |
Harrison Lapuasa Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $37,845 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $115,110 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,255 |
| Total Program Service Revenue | $51,157 |
| Investment income | $13 |
| 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 | $215,425 |
| 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. | $46,200 |
| Compensation of current officers, directors, key employees. | $20,328 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,350 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,240 |
| Payroll taxes | $7,931 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $585 |
| Office expenses | $0 |
| Information technology | $4,501 |
| Royalties | $0 |
| Occupancy | $24,467 |
| Travel | $0 |
| 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 | $63,838 |
| Insurance | $8,778 |
| All other expenses | $37,937 |
| Total functional expenses | $255,457 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,022 |
| 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 | $0 |
| Net Land, buildings, and equipment | $401,416 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $566,438 |
| Accounts payable and accrued expenses | $0 |
| 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 | $129,900 |
| Other liabilities | -$751 |
| Total liabilities | $129,149 |
| Net assets without donor restrictions | $403,906 |
| Net assets with donor restrictions | $33,383 |
| 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 | $566,438 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Blacksburg Childrens Museum has recieved totaling $86,000.
| Awarding Organization | Amount |
|---|---|
Appalachian Trail Conservancy Harpers Ferry, WV PURPOSE: COMMUNITY IMPACT GRANT | $40,000 |
Appalachian Trail Conservancy Harpers Ferry, WV PURPOSE: COMMUNITY IMPACT GRANT | $40,000 |
Community Foundation Of The New River Valley Inc Christiansburg, VA PURPOSE: To Support mission of the organization. | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Maryland Book Bank Inc Baltimore, MD | $907,685 | $4,917,061 |
Baltimore Childrens Museum Inc Baltimore, MD | $20,197,093 | $5,154,726 |
Childrens Museum Of Memphis Memphis, TN | $13,720,336 | $2,454,911 |
Creative Discovery Museum Chattanooga, TN | $21,187,184 | $5,712,908 |
Northern Virginia Science Center Foundation Fairfax, VA | $12,837,527 | $5,104,096 |
Childrens Museum Of Richmond Richmond, VA | $8,094,641 | $4,347,352 |
Moco Kidsco Bethesda, MD | $1,515,612 | $3,185,373 |
Association Of Childrens Museums Inc Arlington, VA | $3,950,433 | $4,135,274 |
Amazement Square Lynchburg, VA | $7,800,718 | $1,033,755 |
Muse Knoxville Knoxville, TN | $1,015,860 | $1,450,790 |
Childrens Museum Corporation Of Rutherford County Murfreesboro, TN | $5,763,596 | $2,253,346 |
Living Arts & Science Center Inc Lexington, KY | $4,687,840 | $645,337 |