Mississippi Childrens Museum is located in Jackson, MS. The organization was established in 2004. 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 05/2022, Mississippi Childrens Museum employed 131 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mississippi Childrens 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 05/2022, Mississippi Childrens Museum generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $6.4m during the year ending 05/2022. While expenses have increased by 10.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE CREATE UNPARALLELED EXPERIENCES TO INSPIRE EXCELLENCE AND A LIFELONG JOY OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSISSIPPI CHILDREN'S MUSEUM (MCM) SEEKS TO EMPOWER AND INSPIRE OUR STATE'S CHILDREN, REGARDLESS OF THEIR SOCIAL, EDUCATIONAL, OR ECONOMIC BACKGROUND. THE MISSION OF MCM IS TO CREATE UNPARALLELED EXPERIENCES TO INSPIRE EXCELLENCE AND A LIFELONG JOY OF LEARNING. THE 40,000 SQUARE FOOT MUSEUM IN THE JACKSON LOCATION AND 25,000 SQUARE FOOT MUSEUM IN THE MERIDIAN LOCATION ARE DESIGNED AROUND FIVE PRIMARY INITIATIVES, WITH CORRELATING EXHIBITS, PROGRAMS, AND OUTREACH EFFORTS. THESE INITIATIVES INCLUDE LITERACY, SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATH (STEAM); HEALTH AND NUTRITION; CULTURAL ARTS AND MISSISSIPPI HERITAGE - THE KEYS TO HELPING CHILDREN MATURE INTO HEALTHY AND PRODUCTIVE ADULT LEARNERS. MCM PROVIDES PLACE-BASED AND OUTREACH EXPERIENCES THAT INCLUDE INTERACTIVE PERMANENT EXHIBITS; WEEKLY AND MONTHLY EDUCATIONAL PROGRAMS AND EVENTS; FIELD TRIPS; PROFESSIONAL DEVELOPMENT WORKSHOPS; ON-SITE AND OFF-SITE OUTREACH PROGRAMS; SUMMER AND SEASONAL CAMPS; ANNUAL VISITING EXHIBITS FROM OTHER CHILDREN'S MUSEUMS AND SCIENCE CENTERS; COMMUNITY ENRICHMENT SERIES; MCM TRAVELING EXHIBITS; COMMUNITY EVENT OUTREACH; AND ONLINE PROGRAMMING. MCM ALSO OFFERS A CAFE; A MUSEUM STORE; BIRTHDAY PARTIES; FACILITY RENTALS; SEASONAL TEMPORARY EXHIBITS AND EVENTS; THREE ANNUAL FUNDRAISERS; YOUTH AND COMMUNITY VOLUNTEER PROGRAMS; AND A SPLASH PAD AND POLLINATORS GARDEN, BOTH FREE TO THE PUBLIC. AS OUR COMMUNITY WAS REELING FROM CHALLENGES POSED BY COVID-19, MCM RESPONDED TO COMMUNITY NEEDS BY PROVIDING A SAFE SPACE FOR DAILY VIRTUAL SCHOOLING FOR OVER 100 JACKSON PUBLIC SCHOOL STUDENTS. THE MUSEUM CONTINUES THOSE SERVICES TODAY BY PROVIDING A ROBUST, DAILY AFTERSCHOOL PROGRAM SERVING NEARLY 150 STUDENTS FROM SIX JACKSON PUBLIC SCHOOLS ACROSS THE CITY. MCM BELIEVES THAT THIS LEVEL OF CONSISTENT, ONE-ON-ONE, REMEDIAL INSTRUCTION AND RELATIONSHIP-BUILDING WILL HAVE LONG-TERM, POSITIVE IMPACTS ON THE TRAJECTORY OF EACH STUDENT'S ACADEMIC CAREER AND WELL-BEING.ON MARCH 26, 2021, DESPITE A WORLDWIDE PANDEMIC, MCM IN CONCERT WITH THE LEADERSHIP OF EAST MISSISSIPPI OPENED TO THE PUBLIC A STATE-OF-THE-ART, $17 MILLION DOLLAR SATELLITE MUSEUM IN MERIDIAN, MISSISSIPPI. SINCE OPENING, MCM-MERIDIAN HAS EXCEEDED PROJECTIONS HAVING ALREADY WELCOMED OVER 50,000 VISITORS FROM 40 STATES AND 2 FOREIGN COUNTRIES. MCM-MERIDIAN IS FULLY OPERATIONAL, OFFERING WEEKLY PROGRAMMING, SPECIAL EVENTS, SCHOOL FIELD TRIPS, BIRTHDAY PARTIES, AND MORE. AS A TESTAMENT TO OUR COMMUNITY SERVICE AND RESILIENCE THROUGH THE HEIGHT OF THE PANDEMIC, THE INSTITUTE OF MUSEUM AND LIBRARY SERVICES (IMLS) ANNOUNCED MCM AS A RECIPIENT OF THE 2021 NATIONAL MEDAL FOR MUSEUM AND LIBRARY SERVICE, THE NATION'S HIGHEST HONOR GIVEN TO MUSEUMS AND LIBRARIES THAT MAKE SIGNIFICANT AND EXCEPTIONAL CONTRIBUTIONS TO THEIR COMMUNITIES. OUT OF 30 NATIONAL FINALISTS AND ONE OF ONLY THREE MUSEUMS TO RECEIVE THE HONOR, MCM IS ONE OF THE YOUNGEST MUSEUMS TO BE AWARDED THE IMLS NATIONAL MEDAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Garrard President/ceo | Officer | 40 | $140,000 |
Beth Hansen Chairman | OfficerTrustee | 5 | $0 |
Olivia Host Treasurer | OfficerTrustee | 5 | $0 |
Alicen Blanchard VP Goverance | OfficerTrustee | 5 | $0 |
Wilson Hood Secretary | OfficerTrustee | 5 | $0 |
Margaret Cupples Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $347,523 |
Fundraising events | $335,000 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,870,373 |
Noncash contributions included in lines 1a–1f | $8,426 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,552,896 |
Total Program Service Revenue | $1,935,801 |
Investment income | $148,193 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$5,655 |
Net Income from Fundraising Events | $226,202 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $134,293 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,991,730 |
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. | $144,410 |
Compensation of current officers, directors, key employees. | $21,662 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,821,751 |
Pension plan accruals and contributions | $34,038 |
Other employee benefits | $175,557 |
Payroll taxes | $133,276 |
Fees for services: Management | $0 |
Fees for services: Legal | $635 |
Fees for services: Accounting | $16,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $315,137 |
Advertising and promotion | $168,958 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $529,381 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $199,181 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,120,165 |
Insurance | $102,740 |
All other expenses | $22,325 |
Total functional expenses | $6,444,340 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,398,638 |
Savings and temporary cash investments | $1,287,289 |
Pledges and grants receivable | $6,645,189 |
Accounts receivable, net | $20,527 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $12,049,700 |
Inventories for sale or use | $36,941 |
Prepaid expenses and deferred charges | $53,518 |
Net Land, buildings, and equipment | $16,320,845 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,783,787 |
Total assets | $39,596,434 |
Accounts payable and accrued expenses | $238,540 |
Grants payable | $0 |
Deferred revenue | $983,303 |
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 | $4,088,123 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $82,874 |
Total liabilities | $5,392,840 |
Net assets without donor restrictions | $17,302,448 |
Net assets with donor restrictions | $16,901,146 |
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 | $39,596,434 |
Over the last fiscal year, we have identified 6 grants that Mississippi Childrens Museum has recieved totaling $399,099.
Awarding Organization | Amount |
---|---|
Ergon Foundation Inc Jackson, MS PURPOSE: GENERAL SUPPORT | $200,000 |
Community Foundation For Mississippi Jackson, MS PURPOSE: GENERAL OPER SUPPORT | $130,150 |
Community Foundation Of East Mississippi Inc Meridian, MS PURPOSE: GENERAL SUPPORT | $35,765 |
C Spire Wireless Foundation Ridgeland, MS PURPOSE: MISSISSIPPI SCIENCE FESTIVAL | $25,000 |
Jackson Heart Foundation Jackson, MS PURPOSE: HEART SMART OUTREACH PROGRAM EDUCATES CHILDREN AND TEACHERS | $5,184 |
Organization Name not Listed PURPOSE: BENEVOLENT | | $3,000 |
Beg. Balance | $1,410,192 |
Earnings | -$10,994 |
Admin Expense | $13,195 |
Net Contributions | $165,000 |
Other Expense | $38,000 |
Ending Balance | $1,513,003 |
Organization Name | Assets | Revenue |
---|---|---|
Mcwane Science Center Birmingham, AL | $14,725,036 | $4,969,032 |
Mississippi Childrens Museum Jackson, MS | $39,596,434 | $5,991,730 |
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 |
Louisiana Childrens Museum New Orleans, LA | $51,750,591 | $13,869,102 |
Muse Knoxville Knoxville, TN | $1,015,860 | $1,450,790 |
Lynn Meadows Discovery Center Gulfport, MS | $5,626,524 | $1,597,189 |
Childrens Museum Corporation Of Rutherford County Murfreesboro, TN | $5,763,596 | $2,253,346 |
Bayou Country Childrens Museum Thibodaux, LA | $3,094,009 | $1,071,915 |
Hands On Discovery Center Gray, TN | $1,835,368 | $805,376 |
Chom Incorporated Of Tuscaloosa County Tuscaloosa, AL | $1,498,320 | $473,680 |