Childrens Museum Inc
- Assets
- $53.6m
- Revenue
- $21.2m
- Investments
- $0.0
- Employees
- 232
- Location
- Houston, TX
- Founding
- 11/1982
- Data as of
- 06/2023
- EIN
- 74-2178563
Organization Overview
Childrens Museum Inc, operating under the name The Children's Museum of Houston, is located in Houston, TX. The organization was established in 1982. 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 06/2023, Children's Museum of Houston employed 232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's Museum of Houston 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 06/2023, Children's Museum of Houston generated $21.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $13.0m during the year ending 06/2023. While expenses have increased by 0.3% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CHILDREN'S MUSEUM OF HOUSTON IS TO TRANSFORM COMMUNITIES THROUGH INNOVATIVE, CHILD-CENTERED LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM EMPLOYS CREDENTIALLED EDUCATORS WHO MANAGE THIRTEEN BILINGUAL (ENGLISH/SPANISH) EXHIBIT GALLERIES, AN ON-SITE BRANCH OF THE HOUSTON PUBLIC LIBRARY, AND PROGRAMMING THAT CHANGES WEEKLY. THESE EXHIBITS/PROGRAMS ARE FOCUSED ON THE DEVELOPMENT OF LITERACY AND ENGAGEMENT IN HANDS-ON, INQUIRY-BASED INVESTIGATIONS OF SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (I.E., THE STEM DISCIPLINES). THE MUSEUM SERVED 645,00 VISITORS UP FROM 417,000 FROM THE PRIOR YEAR. THERE WERE TWO MAIN FACTORS FOR THIS DRASTIC INCREASE IN ATTENDANCE: 1) THE PUBLIC'S ROBUST RETURN TO NORMALCY POST COVD AND 2) THE MUSEUM BEGAN OPENING SUNDAYS, WHICH HAD BEEN A DAY WHICH WAS CLOSED FOR THE PREVIOUS 3 YEARS. ABOUT ONE-THIRD OF THE VISITORS RECEIVE FREE ADMISSION VIA WEEKLY FREE FAMILY NIGHTS AND THE OPEN DOORS FREE MUSEUM ADMISSION PASSES DISTRIBUTED TO LOW-INCOME FAMILIES BY COMMUNITY-BASED PARTNERS AT 1,060+ LOCATIONS ACROSS GREATER HOUSTON.
THE GIFT SHOP - THE GIFT SHOP SELLS AN ARRAY OF UNIQUE, EDUCATIONAL TOYS AND GAMES FOR CHILDREN AGED BIRTH TO 12 YEARS OLD. MERCHANDISE SOLD INCLUDES SIMULATING SCIENCE AND MATH PRODUCTS THAT ARE RELATED TO THE VISITOR'S EXPERIENCE IN THE MUSEUM. MANY ITEMS ARE USED IN THE EXHIBITS AND PROGRAMS THROUGHOUT THE MUSEUM. ALL PRODUCTS RELATE TO THE MUSEUM'S EXHIBITS AND PROGRAMS. THE CAFE - THE CAFE OFFERS NUTRITIOUS FOOD FOR ANY TIME OF THE DAY SO VISITORS CAN ENJOY A HEALTHY AND AFFORDABLE MEAL WITHOUT HAVING TO LEAVE THE MUSEUM. S.E.C.R.E.T - A FEE-BASED INTERACTIVE EXPERIENCE DESIGNED TO TAKE A CHILD'S (8 AND OVER) MUSEUM EXPERIENCE TO THE NEXT LEVEL. USING STATE-OF-THE ART TECHNOLOGY, KIDS REPORT TO DUTY AND ARE ASSIGNED A S.E.C.R.E.T. MISSION. THE MUSEUM COMBINES RADIO FREQUENCY IDENTIFICATION (RFID) TECHNOLOGY WITH HANDS-ON EDUCATIONAL ELEMENTS THAT ENCOURAGE PROBLEM SOLVING, CRITICAL THINKING, DATA ANALYSIS, PROGRAMMING AND TEAMWORK WHICH HELPS THE VISITOR TO SOLVE PUZZLES, DISCOVER HIDDEN AGENDAS AND THWART THE VILLAINS' SCHEMES.
COMMUNITY OUTREACH PROGRAMS SERVING LOW-INCOME FAMILIES IN UNDER-RESOURCED NEIGHBORHOODS INCLUDE A) PROGRAMS THAT INCREASE THE QUALITY OF EXPERIENTIAL LEARNING OPPORTUNITIES FOR CHILDREN PARTICIPATING IN AFTER SCHOOL CENTERS AND SUMMER CAMPS; AND B) PROGRAMS THAT EQUIP PARENTS TO ENGAGE THEIR CHILDREN IN LEARNING AT HOME USING INEXPENSIVE AND READILY AVAILABLE SUPPLIES. IN FY23, THESE PROGRAMS ACHIEVED ATTENDANCE OF 186,300 THROUGH OUTREACH AT 277 LOCATIONS ACROSS GREATER HOUSTON. ALL PROGRAMING IS PROVIDED FREE OF CHARGE TO PARTICIPANTS IN COLLABORATION WITH PARTNERS THAT INCLUDE TITLE I SCHOOLS, AFTERSCHOOL CENTERS, COMMUNITY CENTERS, HEALTHCARE CLINICS, LOW-INCOME HOUSING APARTMENTS, LIBRARY BRANCHES AND FAITH-BASED ORGANIZATIONS.
VISITOR SERVICES INCLUDING FACILITATION OF EXHIBITS AND PROGRAMS, VOLUNTEERS, SERVICE SUPPORT, AND CONVENIENCES INCLUDING PARKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Co-V.p. Of Strategic Planning | OfficerTrustee | 1 | $0 |
Name Not Listed Co-V.p. Of Board Activities | OfficerTrustee | 1 | $0 |
Name Not Listed Past Board President | OfficerTrustee | 2 | $0 |
Name Not Listed V.P. Of Special Initiative | OfficerTrustee | 1 | $0 |
Name Not Listed V.P. Of Education | OfficerTrustee | 1 | $0 |
Name Not Listed Member At Large | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Efficient Automation Services Llc Elevator And Ac Maintenence | 6/29/23 | $226,394 |
Heartland Scenic Studio Inc Design And Consulting For New/updated Exhibits | 6/29/23 | $339,039 |
Gb Tech Inc It Services | 6/29/23 | $221,727 |
Bellwether Education Partners Inc Design And Consulting For New/updated Exhibits/museum Imporvements | 6/29/23 | $161,000 |
Velociti Servicesjanco Fs3 Llc Janitorial And Cleaning Services | 6/29/23 | $119,261 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,002,754 |
| Fundraising events | $1,236,518 |
| Related organizations | $0 |
| Government grants | $31,805 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,795,964 |
| Noncash contributions included in lines 1a–1f | $196,114 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,067,041 |
| Total Program Service Revenue | $4,917,295 |
| Investment income | $586,280 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $934,486 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$324,200 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $59,442 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,240,344 |
| 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. | $817,748 |
| Compensation of current officers, directors, key employees. | $111,599 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,258,348 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $778,347 |
| Payroll taxes | $483,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,784 |
| Fees for services: Accounting | $60,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $41,830 |
| Fees for services: Other | $983,538 |
| Advertising and promotion | $273,295 |
| Office expenses | $0 |
| Information technology | $155,576 |
| Royalties | $0 |
| Occupancy | $964,181 |
| Travel | $72,051 |
| 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 | $877,411 |
| Insurance | $205,555 |
| All other expenses | $155,732 |
| Total functional expenses | $13,009,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,888,760 |
| Savings and temporary cash investments | $8,914,060 |
| Pledges and grants receivable | $5,781,346 |
| Accounts receivable, net | $836,959 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $345,964 |
| Prepaid expenses and deferred charges | $150,806 |
| Net Land, buildings, and equipment | $13,955,873 |
| Investments—publicly traded securities | $20,691,415 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,580 |
| Total assets | $53,567,763 |
| Accounts payable and accrued expenses | $938,630 |
| Grants payable | $0 |
| Deferred revenue | $898,085 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,836,715 |
| Net assets without donor restrictions | $21,746,676 |
| Net assets with donor restrictions | $29,984,372 |
| 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 | $53,567,763 |