Baltimore Childrens Museum Inc, operating under the name Port Discovery Children's Museum, is located in Baltimore, MD. The organization was established in 1993. 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, Port Discovery Children's Museum employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Port Discovery 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 06/2021, Port Discovery Children's Museum generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $4.4m during the year ending 06/2021. While expenses have increased by 0.4% 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
PORT DISCOVERY CHILDREN'S MUSEUM CONNECTS PURPOSEFUL PLAY AND LEARNING WITHIN ITS WALLS AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCATED IN BALTIMORE'S HISTORIC FISH MARKET BUILDING IN THE INNER HARBOR, PORT DISCOVERY IS AN 80,000 SQUARE-FOOT CHILDREN'S MUSEUM OFFERING THREE FLOORS OF INTERACTIVE EXHIBITS, LEARNING SPACES, AND TRAVELING EXHIBITIONS. SINCE OPENING, WE HAVE SERVED OVER 5 MILLION VISITORS AS ONE OF THE MID-ATLANTIC REGION'S LEADING CHILDREN'S MUSEUMS. PORT DISCOVERY'S EXHIBITS, EXPERIENCES, AND PROGRAMS ENCOURAGE CHILDREN TO USE THEIR IMAGINATIONS, EXPLORE HOW THINGS WORK, BUILD CONFIDENCE, AND LEARN AND PRACTICE SOCIAL AND EMOTIONAL SKILLS. WE DO THIS WORK IN THE FOLLOWING BROAD CATEGORIES:(SEE SCHEDULE O FOR CONTINUATION) PROVIDING ACCESS FOR ALL: PORT DISCOVERY OFFERS FREE AND REDUCED ADMISSION TO MARYLAND SCHOOL STUDENTS, LOW-INCOME FAMILIES, AND MILITARY FAMILIES THROUGH PROGRAMS SUCH AS PLAYMAKERS, COMMUNITY DAYS, AND SALUTE THE TROOPS. ADDITIONALLY, ACCESS INCLUDES TRAINING STAFF AND IMPROVING FACILITY CAPACITY TO SERVE FAMILIES WITH SPECIFIC DISABILITIES AND EDUCATIONAL NEEDS. INNOVATIVE EXHIBITS: PORT DISCOVERY'S EXHIBITS AND EXPERIENCES ARE MADE FOR HANDS-ON EXPLORATION, FROM TINY'S DINER AND WONDERS OF WATER TO OUR SIGNATURE CORE EXPERIENCE - THE S.S. FRIEND SHIP! ON THIS IMMERSIVE WALK-THROUGH CARGO SHIP, CHILDREN CAN LOAD GOODS, SIT IN THE CAPTAIN'S SEAT, ACTIVATE THE ENGINES, WORK A GANTRY CRANE, AND READ ABOUT THE PORT OF BALTIMORE THROUGH EDUCATIONAL TEXT AND MARKERS. AS A SITE DEVOTED TO SERVING CHILDREN AND FAMILIES, PORT DISCOVERY IS OFTEN THE FIRST TIME THAT OUR YOUNGEST LEARNERS EXPERIENCE LOCAL HISTORY AND BEGIN LEARNING ABOUT BALTIMORE'S NOTABLE HERITAGE. EDUCATIONAL PROGRAMS: THIS PROGRAMMING INCLUDES ARTS- AND SCIENCE-BASED WORKSHOPS, NATURE-BASED LEARNING OPPORTUNITIES, ENGAGEMENT THROUGH THE ARTS, AND VIRTUAL PROGRAMS THAT INVITE CHILDREN INTO A RANGE OF SUBJECTS FROM MARYLAND'S HISTORIC LIGHTHOUSES TO THE LIFE OF A BUMBLE BEE. ON AVERAGE, THE MUSEUM SERVES OVER 30,000 STUDENTS ANNUALLY, WITH 40% OF THOSE REPRESENTING TITLE I SCHOOLS. TWO GENERATIONS AT PLAY INITIATIVE: THIS SUITE OF PROGRAMS PROVIDES RESOURCES TO THOSE WHO HOLD THE MOST IMPORTANT ROLE IN THE HEALTHY DEVELOPMENT AND WELL-BEING OF MARYLAND'S YOUNG CHILDREN, PARENTS, CAREGIVERS, AND EDUCATORS. PROGRAMMING INCLUDES FATHERS AT PLAY AND PARENTS AT PLAY, BOTH OF WHICH EMPOWER PARENTS THROUGH PURPOSEFUL PLAY STRATEGIES AND PEER LEARNING; AND PROFESSIONALS AT PLAY, WHICH SUPPORTS OUR EARLY CHILDHOOD WORKFORCE ACROSS VARIOUS SETTINGS AND THROUGHOUT THE STATE.DURING THE YEAR ENDED JUNE 30, 2022, THE MUSEUM'S ATTENDANCE HAD NOT FULLY RETURNED TO ITS PRE-PANDEMIC LEVEL. THE MUSEUM HAS ATTEMPTED TO MITIGATE THE EFFECTS OF THE PANDEMIC BY VARIOUS EFFORTS INCLUDING SIGNIFICANT RELIEF FUNDING, WHICH IS INCLUDED IN CONTRIBUTIONS AND GRANTS.THE MUSEUM RECEIVED DONATED LEGAL SERVICES VALUED AT $13,891, LOBBYING SERVICES VALUED AND $18,000, AND RENT VALUED AT $48,000. OTHER INDIVIDUALS, WHOSE SERVICES WERE NOT VALUED BECAUSE THEY COULD NOT BE MEASURED OBJECTIVELY, VOLUNTEERED APPROXIMATELY 1,200 HOURS OF THEIR TIME.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bryn Parchman Former President & CEO | 40 | $316,167 | |
Frederick C Williams Jr VP & CFO | Officer | 40 | $113,833 |
Carter Polakoff President & CEO | Officer | 40 | $104,647 |
Dennis F Rasmussen Chairman | OfficerTrustee | 3 | $0 |
Monica Brandes Vice Chair | OfficerTrustee | 2 | $0 |
Mark Pollak Secretary | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lewis Contractors General Contractor | 6/29/22 | $739,701 |
Ziger Snead Llp Architectural Services | 6/29/22 | $128,807 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,413,778 |
Investment income | $25,325 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $97,345 |
Net Income from Fundraising Events | $7,022 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,154,726 |
Statement of Expenses | |
---|---|
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. | $479,270 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,367,841 |
Pension plan accruals and contributions | $26,550 |
Other employee benefits | $146,898 |
Payroll taxes | $161,273 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $29,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $80,582 |
Advertising and promotion | $86,020 |
Office expenses | $77,044 |
Information technology | $101,413 |
Royalties | $0 |
Occupancy | $400,532 |
Travel | $367 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,220 |
Interest | $21,524 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,221,123 |
Insurance | $4,529 |
All other expenses | $0 |
Total functional expenses | $4,433,572 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,234,697 |
Savings and temporary cash investments | $1,335,973 |
Pledges and grants receivable | $1,029,352 |
Accounts receivable, net | $531,140 |
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 | $90,692 |
Investments—publicly traded securities | $1,079,633 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $209,772 |
Total assets | $20,197,093 |
Accounts payable and accrued expenses | $810,330 |
Grants payable | $0 |
Deferred revenue | $191,917 |
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 | $566,753 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $217,895 |
Total liabilities | $1,786,895 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $18,410,198 |
Over the last fiscal year, we have identified 17 grants that Baltimore Childrens Museum Inc has recieved totaling $156,180.
Awarding Organization | Amount |
---|---|
American Endowment Foundation Hudson, OH PURPOSE: ARTS, CULTURE | $27,500 |
Macadoo Family Foundation Inc Baltimore, MD PURPOSE: GENERAL SUPPORT | $20,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $20,000 |
Bny Mellon Charitable Gift Fund Boston, MA PURPOSE: TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $19,500 |
Howard County Arts Council Ellicott City, MD PURPOSE: OUTREACH HOWARD AND BALTIMORE CITY ARTS AND CULTURAL GRANT. | $14,642 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: PEOPLE WITH DISABILITIES | $10,000 |
Beg. Balance | $1,079,633 |
Earnings | -$105,951 |
Other Expense | $50,597 |
Ending Balance | $923,085 |
Organization Name | Assets | Revenue |
---|---|---|
Childrens Museum Of Pittsburgh Pittsburgh, PA | $36,701,530 | $10,739,770 |
Please Touch Museum Philadelphia, PA | $36,070,545 | $4,528,384 |
The Maryland Book Bank Inc Baltimore, MD | $907,685 | $4,917,061 |
Baltimore Childrens Museum Inc Baltimore, MD | $20,197,093 | $5,154,726 |
The Da Vinci Discovery Center Of Science And Technology Allentown, PA | $21,750,909 | $13,640,164 |
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 |
The Delaware Childrens Museum Inc Wilmington, DE | $1,401,400 | $1,050,935 |
Discovery Space Of Centralpennsylvania Inc State College, PA | $1,346,591 | $1,008,999 |