Nido & Mariana Qubein Childrens Museum
- Assets
- $30.0m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 52
- Location
- High Point, NC
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 82-4270597
Organization Overview
Nido & Mariana Qubein Childrens Museum is located in High Point, NC. The organization was established in 2019. 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 12/2022, Nido & Mariana Qubein Childrens Museum employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nido & Mariana Qubein 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 12/2022, Nido & Mariana Qubein Childrens Museum generated $5.7m in total revenue. All expenses for the organization totaled $2.0m during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN OUTLET FOR THE CHILDREN OF THE HIGH POINT, NC AREA TO LEARN, GROW, PLAY AND EXPLORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NIDO & MARIANA QUBEIN CHILDRENS MUSEUM OPENED APRIL 30, 2022, IN DOWNTOWN HIGH POINT. IN THE FIRST YEAR OF OPERATION, THE MUSEUM WELCOMED MORE THAN 200,000 VISITORS. VISIT HIGH POINT INC. ESTIMATES THE ECONOMIC IMPACT OF THE QUBEIN CHILDRENS MUSEUM TO THE CITY OF HIGH POINT AT $27 MILLION IN THE FIRST YEAR. THE QUBEIN CHILDRENS MUSEUM WAS NAMED NORTH CAROLINA VISITOR ATTRACTION OF THE YEAR BY THE NC TRAVEL INDUSTRY ASSOCIATION. IN THE FIRST YEAR OF OPERATIONS: THE QUBEIN CHILDRENS MUSEUM PROVIDED 23,000 PEOPLE FREE OR REDUCED ADMISSION, WELCOMED 12,600 STUDENTS ON FIELD TRIPS, BECAME A CERTIFIED AUTISM CENTER AND GAINED CERTIFICATION THROUGH THE INTERNATIONAL BOARD OF CREDENTIALING AND CONTINUING EDUCATION STANDARDS. THE MUSEUM OFFERS MONTHLY SENSORY PLAY SESSIONS DESIGNED FOR CHILDREN WITH VARYING SENSORY, DEVELOPMENTAL, OR PHYSICAL NEEDS. THE CHILDRENS MUSEUM OFFERS 75,000 SQUARE FEET OF HANDS-ON ACTIVITY FOR CHILDREN AND FAMILIES INCLUDING AN OUTDOOR ADVENTURE ZONE, THE HALL OF MYSTERIES, THE DOUBLE-DECKER CAROUSEL, WATER PLAY AND MORE. INFO AT QUBEINCHILDRENSMUSEUM.ORG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Ward Executive Dir. | Officer | 40 | $80,000 |
Leslie Culp Director | Trustee | 1 | $0 |
Jeremy Hiatt Director | Trustee | 2 | $0 |
Allen Young Director | Trustee | 1 | $0 |
Cindy Farmer Director | Trustee | 1 | $0 |
Barry Kitley Chairman | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Frank L Blum Constr Co Construction | 12/30/21 | $12,609,856 |
Heartland Scenic Exhibit Fabricator | 12/30/21 | $1,907,049 |
Chance Rides Manufacturing Inc Carousel Manufacturer | 12/30/21 | $1,141,004 |
1220 Exhibits Inc Exhibit Fabricator | 12/30/21 | $899,063 |
Boss Display Exhibit Fabricator | 12/30/21 | $480,515 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $277,956 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,431,334 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,709,290 |
| Total Program Service Revenue | $912,311 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,415 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $81,540 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,716,556 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $20,201 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,633 |
| Pension plan accruals and contributions | $5,624 |
| Other employee benefits | $0 |
| Payroll taxes | $49,671 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,679 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,612 |
| Advertising and promotion | $47,155 |
| Office expenses | $61,112 |
| Information technology | $16,010 |
| Royalties | $0 |
| Occupancy | $255,558 |
| Travel | $5,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $65 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $567,090 |
| Insurance | $50,132 |
| All other expenses | $31,374 |
| Total functional expenses | $1,989,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343,001 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,442,453 |
| Accounts receivable, net | $60,391 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,587 |
| Prepaid expenses and deferred charges | $28,835 |
| Net Land, buildings, and equipment | $28,066,092 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,971,359 |
| Accounts payable and accrued expenses | $125,939 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $125,939 |
| Net assets without donor restrictions | $29,845,270 |
| Net assets with donor restrictions | $150 |
| 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 | $29,971,359 |