Magic House
- Assets
- $33.1m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 219
- Location
- St Louis, MO
- Founding
- 09/1977
- Data as of
- 12/2021
- EIN
- 51-0138441
Organization Overview
Magic House is located in St Louis, MO. The organization was established in 1977. 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, Magic House employed 219 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Magic House 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, Magic House generated $8.7m 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 $7.0m during the year ending 12/2021. While expenses have increased by 2.3% 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
SEE SCHEDULE O.TO PROVIDE CHILDREN WITH HANDS-ON LEARNING EXPERIENCES THAT DEVELOP CREATIVITY AND PROBLEM-SOLVING SKILLS WITHIN A UNIQUE EDUCATIONAL ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM EXPERIENCE - THE MAGIC HOUSE OPENED IN 1979 TO PROVIDE AN EDUCATIONAL FACILITY FOR THE CHILDREN OF THE GREATER ST. LOUIS AREA. THE MUSEUM IS COMMITTED TO HANDS-ON LEARNING AND PROVIDES MULTI-CURRICULAR EXHIBITS FOR CHILDREN AGES 1 TO 11 YEARS WITHIN A 55,000 SQUARE FOOT FACILITY ON THREE ACRES OF OUTDOOR SPACE. IN 2019, THE MAGIC HOUSE OPENED A SATELLITE LOCATION IN THE CITY OF ST. LOUIS, MADE FOR KIDS, A 7,000 SQUARE FOOT MAKERSPACE WITH A STRONG FOCUS ON STEM EDUCATION FOR CHILDREN AGES 4 TO 14 YEARS. ATTENDANCE AT THE MAGIC HOUSE APPROXIMATED 345,000 AND 198,000 IN 2021 AND 2020, RESPECTIVELY. THE ATTENDANCE AT MADE FOR KIDS IN 2021 AND 2020 APPROXIMATED 24,000 AND 21,000, RESPECTIVELY. ATTENDANCE AT BOTH LOCATIONS IN 2021 WAS IMPACTED BY THE COVID-19 PANDEMIC.
PUBLIC PROGRAMS - THE MAGIC HOUSE OFFERS A WIDE VARIETY OF PUBLIC PROGRAMS. THESE INCLUDE PARENT-CHILD CLASSES; ART AND CULTURAL WORKSHOPS AND PERFORMANCES; SUMMER CAMPS; SCOUT PROGRAMS; BIRTHDAY PARTIES; AND SPECIAL EVENTS SUCH AS EARTH DAY, FALL FARM FESTIVAL AND BIG TRUCK DAY.
SCHOOL PROGRAMS - THE MAGIC HOUSE OFFERS FACILITATED FIELD TRIP PROGRAMS FOR STUDENTS AGES 3 TO 14 THAT CONNECT CLASSROOM CURRICULUM AND MEET STATE AND NATIONAL STANDARDS. THESE PROGRAMS TAKE PLACE AT BOTH THE MAGIC HOUSE AND OUR SATELLITE LOCATION, MADE FOR KIDS AND COVER TOPICS AROUND STEAM, SOCIAL STUDIES, AND FINANCIAL LITERACY. TRADITIONALLY THE MAGIC HOUSE SERVES APPROXIMATELY 60,000 STUDENTS ANNUALLY. DUE TO THE COVID-19 PANDEMIC, THE MAGIC HOUSE CREATED VIRTUAL FIELD TRIPS TO CONTINUE TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR STUDENTS WHEN SCHOOLS WERE UNABLE TO TAKE IN-PERSON FIELD TRIPS. IN 2021, MAGIC HOUSE EDUCATORS CONDUCTED 850 VIRTUAL FIELD TRIPS PROGRAMS SERVING 17,000 STUDENTS AT NO COST TO THE SCHOOLS. THE MAGIC HOUSE PROVIDED FREE ADMISSION AND INTERACTIVE EXPERIENCES TO MORE THAN 45,000 CHILDREN, FAMILIES AND SCHOOLS IN 2021 THROUGH OUR ACCESS FOR ALL INITIATIVE. THIS WAS ACCOMPLISHED BY PROVIDING MONTHLY PUBLIC FREE FAMILY NIGHTS AT BOTH LOCATIONS, FREE ADMISSION ON A DAILY BASIS TO ACTIVE-DUTY MILITARY AND FOSTER FAMILIES, FAMILY NIGHTS FOR NONPROFIT ORGANIZATIONS, FIELD TRIPS FOR UNDER-RESOURCED SCHOOLS, AND FREE MEMBERSHIPS TO ALL BIG BROTHERS BIG SISTERS PAIRS, AND FAMILIES IN THE CITY OF ST. LOUIS THROUGH THE ST. LOUIS PUBLIC LIBRARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Fitzgerald President | Officer | 40 | $289,453 |
Cheryl Darr CFO | Officer | 40 | $188,568 |
John T Drexler Chair | OfficerTrustee | 1 | $0 |
Cassandra Sanford Past Chair | OfficerTrustee | 1 | $0 |
Brenda Mckee Secretary | OfficerTrustee | 1 | $0 |
Alex Lee Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $498,862 |
| Related organizations | $0 |
| Government grants | $1,676,134 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,139,182 |
| Noncash contributions included in lines 1a–1f | $539,695 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,314,178 |
| Total Program Service Revenue | $3,492,612 |
| Investment income | $160,919 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $325,175 |
| Net Income from Fundraising Events | -$54,162 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $359,578 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,688,118 |
| 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. | $520,774 |
| Compensation of current officers, directors, key employees. | $300,142 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,711,681 |
| Pension plan accruals and contributions | $81,560 |
| Other employee benefits | $139,638 |
| Payroll taxes | $219,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,873 |
| Fees for services: Accounting | $64,866 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,866 |
| Fees for services: Other | $2,125 |
| Advertising and promotion | $211,326 |
| Office expenses | $422,896 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $562,892 |
| Travel | $9,791 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $75,029 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,378,924 |
| Insurance | $132,317 |
| All other expenses | $7,068 |
| Total functional expenses | $7,032,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,458,125 |
| Savings and temporary cash investments | $1,462,112 |
| Pledges and grants receivable | $1,506,032 |
| Accounts receivable, net | $28,120 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $62,704 |
| Prepaid expenses and deferred charges | $51,813 |
| Net Land, buildings, and equipment | $18,204,887 |
| Investments—publicly traded securities | $9,281,150 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $49,163 |
| Total assets | $33,104,106 |
| Accounts payable and accrued expenses | $369,045 |
| Grants payable | $0 |
| Deferred revenue | $865,456 |
| Tax-exempt bond liabilities | $2,955,561 |
| 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 | $0 |
| Total liabilities | $4,190,062 |
| Net assets without donor restrictions | $26,328,587 |
| Net assets with donor restrictions | $2,585,457 |
| 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 | $33,104,106 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Magic House has recieved totaling $22,250.
| Awarding Organization | Amount |
|---|---|
August A Busch Iii Charitable Trust Chesterfield, MO PURPOSE: GENERAL | $20,000 |
The Tarlow Family Foundation Inc Festus, MO PURPOSE: CHARITABLE | $2,000 |
Jane M & Bruce P Robert Charitable Foundation St Louis, MO PURPOSE: GENERAL CONTRIBUTION | $250 |
Endowment Analysis
| Beg. Balance | $8,336,213 |
| Earnings | $1,498,208 |
| Net Contributions | $291,554 |
| Other Expense | $345,000 |
| Ending Balance | $9,780,975 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magic House St Louis, MO | $33,104,106 | $8,688,118 |
Chicago Childrens Museum Chicago, IL | $15,510,919 | $8,503,985 |
Howard County Childrens Center Inc Nashville, AR | $6,009,144 | $5,154,134 |
Childrens Museum Of Memphis Memphis, TN | $13,720,336 | $2,454,911 |
Creative Discovery Museum Chattanooga, TN | $21,187,184 | $5,712,908 |
Kohl Childrens Museum Of Greater Chicago Inc Glenview, IL | $19,595,160 | $2,484,089 |
Omaha Childrens Museum Inc Omaha, NE | $6,009,247 | $3,970,872 |
Dupage Childrens Museum Naperville, IL | $4,350,291 | $2,458,475 |
Lincoln Childrens Museum Lincoln, NE | $8,286,957 | $2,519,873 |
Discovery Center Museum Of Rockford Inc Rockford, IL | $3,899,428 | $2,144,571 |
Muse Knoxville Knoxville, TN | $1,015,860 | $1,450,790 |
Iowa Childrens Museum Coralville, IA | $6,008,938 | $1,241,709 |