Childrens Museum Of Denver Inc

Organization Overview

Childrens Museum Of Denver Inc is located in Denver, CO. The organization was established in 1974. 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 06/2021, Childrens Museum Of Denver Inc employed 125 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum Of Denver Inc 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, Childrens Museum Of Denver Inc generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $5.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE EXTRAORDINARY EXPERIENCES THAT CHAMPION THE WONDER AND JOY OF CHILDHOOD.

Describe the Organization's Program Activity:

THE MUSEUM PROVIDES RICH PLAY EXPERIENCES AND A DYNAMIC LEARNING ENVIRONMENT WITH MORE THAN 20 INNOVATIVE EXHIBITS, EVER-CHANGING DAILY PROGRAMS AND EXCITING YEAR-ROUND SPECIAL EVENTS. MUSEUM STAFF ALSO TAKE EXPERIENCES INTO CLASSROOMS THROUGH OUTREACH PROGRAMMING AND REGULARLY PARTICIPATE IN COMMUNITY EVENTS. THESE EXPERIENCES AND PROGRAMS HELP DEVELOP SKILLS CHILDREN NEED IN THE 21ST CENTURY, SUCH AS CRITICAL THINKING AND COLLABORATION. ALL SCHOOL GROUP PROGRAMMING ALIGNS WITH COLORADO ACADEMIC STANDARDS, AND MUSEUM OFFERINGS ARE GUIDED BY THE MUSEUM'S EDUCATION FRAMEWORK, HEAD START'S CHILD DEVELOPMENT AND EARLY LEARNING FRAMEWORK, AND DEVELOPMENTALLY APPROPRIATE PRACTICE. AN ACTIVE MEMBER OF THE ASSOCIATION OF CHILDREN'S MUSEUMS, THE MUSEUM STAYS CURRENT ON BEST PRACTICES TO OFFER ITS GUESTS EXCEPTIONAL INFORMAL LEARNING EXPERIENCES. EXAMPLES OF MUSEUM PROGRAMS AND EXHIBITS INCLUDE: 1) THE CENTER FOR THE YOUNG CHILD, THE REGION'S ONLY DEVELOPMENTALLY-APPROPRIATE PLAY ENVIRONMENT EXCLUSIVELY FOR CHILDREN FROM BIRTH TO AGE THREE AND THEIR CAREGIVERS; 2) WATER, A LIVELY, STEM-RICH EXHIBIT THAT INVITES CHILDREN TO EXPERIMENT WITH WATER AND EXPLORE ITS PROPERTIES; 3) THE ART STUDIO, A NEW AREA DEDICATED TO CREATIVE WORKS USING PAINT, CLAY, FOUND MATERIALS AND OTHER MEDIA AND PROVIDING OPPORTUNITIES FOR CHILDREN TO WORK ALONGSIDE PROFESSIONAL ARTISTS THROUGH THE MUSEUM'S NEW ARTIST-IN-RESIDENCE PROGRAM; 4) OUTREACH PROGRAMS, WHICH ENHANCE CURRICULUM TAUGHT IN AREA CLASSROOMS; AND 5) SCHOOL GROUP FIELD TRIPS, WHICH ALLOW STUDENTS TO EXPLORE THE MUSEUM ON THEIR OWN AND PARTICIPATE IN ON-SITE FACILITATED EDUCATIONAL PROGRAMS.


THE EXHIBITS DESIGN TEAM AT THE CHILDREN'S MUSEUM OF DENVER AT MARSICO CAMPUS SPECIALIZES IN HELPING NON-PROFIT ORGANIZATIONS ARTICULATE AND CRAFT WORLD-CLASS INTERACTIVE AND INFORMAL LEARNING EXPERIENCES. WE PROVIDE EXPERT ADVICE ON THE MANY DECISIONS INVOLVED WITH DESIGNING, FABRICATING, INSTALLING, AND MAINTAINING NEW MUSEUM EXHIBITS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Yankovich
President And CEO
$222,666
Gretchen Kerr
Chief Operating Officer
$139,327
Cyndi Kerins
Chief Financial Officer
$115,522
Ryan Beiser
Treasurer/secretary
$0
Jeff Calderone
Vice Chair
$0
Judy Pottle
Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Abm Janitorial Services
Janitorial Services
$123,527
Goodland Construction
Construction Services
$101,155
Jonathan Goldstein
Design Consulting Services
$121,200
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$2,339,557
Investment income $64,604
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $57,451
Net Gain/Loss on Asset Sales $350,517
Net Income from Fundraising Events $0
Net Income from Gaming Activities $3,240
Net Income from Sales of Inventory $60,923
Miscellaneous Revenue$0
Total Revenue $4,219,080

Grants Recieved

Over the last fiscal year, we have identified 16 grants that Childrens Museum Of Denver Inc has recieved totaling $640,289.

Awarding OrganizationAmount
Denver Foundation

Denver, CO

PURPOSE: GENERAL OPERATING SUPPORT

$128,514
Temple Hoyne Buell Foundation

Denver, CO

PURPOSE: ACCESS INITIATIVES FOR LOW-INCOME FAMILIES, TO BE PAID OVER TWO YEARS. THE FIRST PAYMENT OF $100,000 WILL BE PAID AFTER THE CONTRACT HAS BEEN SIGNED AND RETURNED. THE REMAINING $100,000 WILL BE PAID UPON RECEIPT OF AN ACCEPTABLE PROGRESS REPORT, DETAILING THE ACTIVITIES IN YEAR ONE OF THIS GRANT, INCLUDING FINANCIAL REPORTS, UPDATES REGARDING ANY CHANGES TO THE SCOPE OF WORK OR BUDGET, AND AN UPDATED QUALITY GOAL, DUE NO LATER THAN 3/31/2023

$100,000
Temple Hoyne Buell Foundation

Denver, CO

PURPOSE: ACCESS INITIATIVES FOR LOW-INCOME FAMILIES (TWO-YEAR GRANT)

$100,000
Temple Hoyne Buell Foundation

Denver, CO

PURPOSE: ACCESS INITIATIVES FOR LOW-INCOME FAMILIES (TWO PAYMENTS - CONDITIONAL)

$50,000
Vf Foundation

Wilmington, DE

PURPOSE: JOY PARK AND ADVENTURE FOREST FUND

$50,000
Harmes C Fishback Foundation Trust

Englewood, CO

PURPOSE: CULTURAL

$45,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$40,591
Earnings$6,829
Ending Balance$47,420

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