Childrens Museum Of Richmond is located in Richmond, VA. The organization was established in 1978. 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 Richmond employed 86 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum Of Richmond 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 Richmond generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $2.6m 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 RICHMOND, A NOT-FOR-PROFIT ORGANIZATION, EXISTS TO INSPIRE GROWTH IN ALL CHILDREN BY ENGAGING FAMILIES IN LEARNING THROUGH PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM EXPERIENCE: CMOR IS MORE THAN A FUN PLACE TO PLAY INDOORS AND OUTDOORS (THOUGH IT'S DEFINITELY THAT!) - IT'S AN ACTIVE, INVOLVED OPPORTUNITY FOR THE WHOLE FAMILY TO GROW AND LEARN TOGETHER. FROM FUNDAMENTAL CONCEPTS TO SOCIALIZATION SKILLS, RESEARCH SHOWS THAT PLAY HAS A POSITIVE IMPACT ON A CHILD'S ACADEMIC PERFORMANCE - AND THE MORE OFTEN THEY ENGAGE IN PLAY AT AN ENVIRONMENT LIKE THE ONE SHARED AT CMOR, THE MORE LIKELY THEY ARE TO FIND SUCCESS INSIDE THE CLASSROOM. IN FY22, CMOR SAW TOTAL ATTENDANCE OF 175,540 GUESTS. THE MUSEUM CONTINUES TO REBUILD FROM THE DEVASTATING EFFECTS OF THE COVID-19 PANDEMIC.
EDUCATION AND OUTREACH: PLAY IS A CRITICAL ELEMENT TO ENCOURAGE HEALTHY DEVELOPMENT IN CHILDREN, FOSTERING SKILLS THAT WILL STAY WITH THEM WELL INTO ADOLESCENCE AND ADULTHOOD. AT CMOR, CHILDREN'S GROWTH IS INSPIRED BY ENGAGING FAMILIES IN THE POWER OF PLAY, KNOWING THAT EVERYONE CAN LEARN MORE - AND DEVELOP MORE RAPIDLY - WHEN FAMILIES PLAY TOGETHER. OUR EXHIBITS AND EXPERIENCES FUEL CHILDREN'S PROBLEM-SOLVING SKILLS, MOTOR DEVELOPMENT SKILLS, LANGUAGE SKILLS, SPATIAL SKILLS AND COORDINATION, COMMUNICATION AND NEGOTIATION SKILLS, CREATIVE SKILLS, AND PRE-READING AND READING COMPREHENSION SKILLS. THE MUSEUM FACILITATED 179 FIELD TRIPS, WHICH CONSISTED OF 3,809 STUDENTS, THROUGH IN-MUSEUM, MUSEUM-TO-GO, AND VIRTUAL FIELD TRIPS.
MUSEUM SHOP: THE MUSEUM SHOP CARRIES EDUCATIONAL TOYS, GAMES, ART AND CRAFT SUPPLIES, MUSICAL INSTRUMENTS, AND HANDS-ON PROJECTS THAT SUPPORT CHILDREN'S LEARNING EXPERIENCES.
BOOK BANK: THE CMOR BOOK BANK DISTRIBUTES BOOKS TO CHILDREN FROM LOW-INCOME HOUSEHOLDS; IN FY22, WE DISTRIBUTED 14,815 BOOKS, PRIMARILY TO CHILDREN FOR THE HOME LIBRARIES, WITH 1,280 OF THESE BOOKS GIVEN TO TEACHERS FOR THEIR SCHOOL LIBRARIES. ADDITIONAL OUTREACH INCLUDED 36 FIELD TRIPS FACILITATED THROUGH OUR ACCESS FOR ALL SCHOLARSHIP PROGRAM AND 296 SCHOLARSHIP MEMBERSHIPS DONATED TO FAMILIES IN NEED. NEARLY 25,600 VISITORS UTILIZED OUR MUSEUMS FOR ALL PROGRAM, WHICH PROVIDES DISCOUNT ADMISSION TO FAMILIES WHO ACCESS SNAP, WIC, AND/OR EBT BENEFITS. A MONTHLY EVENING FOR CHILDREN WITH DISABILITIES AND THEIR FAMILIES WELCOMED 630 ATTENDEES TO EXPERIENCE THE MUSEUM WITH LOWER SENSORY INPUTS, A COOL-DOWN ROOM, AND VOLUNTEERS FROM VCU'S OCCUPATIONAL THERAPY PROGRAM. IN THE LEAD UP TO THE NEW SCHOOL YEAR, CMOR HELPED TO PREPARE FAMILIES FOR KINDERGARTEN READINESS WITH GUEST SPEAKERS AND ACTIVITIES FOCUSED ON TIPS FOR EARLY LITERACY, SOCIAL-EMOTIONAL SUPPORT, HEALTHY HABITS, AND WAYS FOR CAREGIVERS TO SUPPORT LEARNING IN AND OUT OF THE CLASSROOM. LEGENDARY SANTA: LEGENDARY SANTA CELEBRATED ITS 85TH SEASON IN RICHMOND (AT CMOR SINCE 2005), CONTINUING THE TIMELESS TRADITION OF VISITING SANTA AS HE SHARES STORIES, MEMORIES, AND LOVE FOR ALL CHILDREN. DURING THE LEGENDARY SANTA VISIT, CHILDREN HAVE THE OPPORTUNITY TO VISIT THE HOLIDAY VILLAGE, WHICH EXPLORES HOLIDAYS FROM SIX DIFFERENT CULTURES. IN ADDITION TO THE PROGRAMMING, CMOR'S DOWNTOWN LOCATION RENOVATED THREE EXHIBIT SPACES DURING THE FISCAL YEAR: THE BACKYARD, IMAGINATION PLAYGROUND, AND TRAIN EXHIBITS. THE COMMUNITY RECOGNIZED CMOR'S IMPACT WITH AWARDS FROM THE BEST OF VIRGINIA 2022 AND RICHMOND TIMES-DISPATCH TOP WORKPLACES 2022.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Danielle Ripperton Executive Director | Officer | 45 | $136,136 |
J Melvin Watkins Chair | OfficerTrustee | 5 | $0 |
Kamran Khan Secretary | OfficerTrustee | 2 | $0 |
Kimberly Vanhuss Treasurer | OfficerTrustee | 3 | $0 |
Lynn Mussatt Chair Elect | OfficerTrustee | 3 | $0 |
Paulin Cheatham Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $289,302 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,772,685 |
All other contributions, gifts, grants, and similar amounts not included above | $869,768 |
Noncash contributions included in lines 1a–1f | $19,610 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,931,755 |
Total Program Service Revenue | $1,220,149 |
Investment income | $40,290 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $21,784 |
Net Income from Fundraising Events | $64,489 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $68,885 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,347,352 |
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. | $160,260 |
Compensation of current officers, directors, key employees. | $80,130 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,031,309 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $59,611 |
Payroll taxes | $93,644 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,175 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $8,811 |
Fees for services: Other | $83,769 |
Advertising and promotion | $32,416 |
Office expenses | $27,009 |
Information technology | $21,447 |
Royalties | $0 |
Occupancy | $479,230 |
Travel | $8,689 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,980 |
Interest | $9,618 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $283,518 |
Insurance | $72,218 |
All other expenses | $0 |
Total functional expenses | $2,626,059 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,108,938 |
Savings and temporary cash investments | $1,550,625 |
Pledges and grants receivable | $34,000 |
Accounts receivable, net | $2,500 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $72,479 |
Prepaid expenses and deferred charges | $88,475 |
Net Land, buildings, and equipment | $3,677,392 |
Investments—publicly traded securities | $1,388,858 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $171,374 |
Total assets | $8,094,641 |
Accounts payable and accrued expenses | $136,628 |
Grants payable | $0 |
Deferred revenue | $190,190 |
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 | $221,858 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $548,676 |
Net assets without donor restrictions | $6,320,429 |
Net assets with donor restrictions | $1,225,536 |
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 | $8,094,641 |
Over the last fiscal year, we have identified 1 grants that Childrens Museum Of Richmond has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Byrd Family Foundation North Chesterfield, VA PURPOSE: GENERAL OPERATING PURPOSES | $500 |
Beg. Balance | $1,569,990 |
Earnings | -$181,132 |
Ending Balance | $1,388,858 |
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 |