Explora Science Center & Childrens Museum Of Albuquerque
- Assets
- $10.5m
- Revenue
- $8.5m
- Investments
- $73.8k
- Employees
- 187
- Location
- Albuquerque, NM
- Founding
- 08/1996
- Data as of
- 06/2024
- EIN
- 85-0442062
Organization Overview
Explora Science Center & Childrens Museum Of Albuquerque is located in Albuquerque, NM. The organization was established in 1996. 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 06/2024, Explora Science Center & Childrens Museum Of Albuquerque employed 187 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Explora Science Center & Childrens Museum Of Albuquerque 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 06/2024, Explora Science Center & Childrens Museum Of Albuquerque generated $8.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $7.5m during the year ending 06/2024. While expenses have increased by 8.4% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE LEARNING OPPORTUNITIES FOR CHILDREN.
Describe the Organization's Program Activity:
EXPLORA IS AN INNOVATIVE MUSEUM AND LEARNING CENTER THAT PROVIDES HANDS-ON ENGAGEMENT IN SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH (STEAM) FOR PEOPLE OF ALL AGES. EXPLORA'S WORK IS ORGANIZED AROUND A CRADLE THROUGH CAREER STEAM LEARNING STRATEGIC FOCUS, WHICH WAS CO-DEVELOPED WITH THE COMMUNITY TO ENGAGE, EDUCATE, AND EMPLOY STUDENTS IN STEAM-IMPROVING EDUCATIONAL OUTCOMES, DRIVING ECONOMIC DEVELOPMENT, AND INCREASING FAMILY AND COMMUNITY PROSPERITY ACROSS NEW MEXICO. WITHIN THIS STRATEGIC FRAMEWORK, EXPLORA PLAYS SEVERAL ROLES. AS A SERVICE PROVIDER, EXPLORA ENGAGED PRE-12TH STUDENTS THROUGH STEAM CLASSROOM PROGRAMS, PROVIDED PROFESSIONAL DEVELOPMENT TO EDUCATORS, EMPLOYED LOW-INCOME HIGH SCHOOL STUDENTS AS INTERNS, AND FACILITATED EXPERIENTIAL LEARNING FOR OVER 321,000 YOUTH AND ADULTS. ADDITIONALLY, EXPLORA PLAYS THE ROLE OF BACKBONE ORGANIZATION FOR STEM-NM, A CROSS-SECTOR LEARNING ECOSYSTEM WORKING TO EXPAND EQUITY IN AND ACCESS TO STEM EDUCATION AND EMPLOYMENT. EXPLORA IS THE HOME AND FISCAL SPONSOR OF THE INFORMAL LEARNING LEADERSHIP COLLABORATIVE. IN THE ROLE OF CONVENER AND COLLABORATOR, EXPLORA LED SEVERAL COLLECTIVE IMPACT PROJECTS, LIKE STEM CHARGING STATIONS FOR YOUNG CHILDREN AND FAMILIES, WHICH BUILDS AWARENESS AROUND EARLY CHILDHOOD STEM LEARNING,AND MATH FACESS (FAMILIES AND COMMUNITIES EMPOWERING STUDENT SUCCESS). EXPLORA WORKED ON A NUMBER OF OTHER INITIATIVES WITH PARTNERS, INCLUDING NEW MEXICO AUTISM SOCIETY, NM STATE LIBRARIES' TRIBAL LIBRARIES PROGRAM, PARTNERSHIP FOR COMMUNITY ACTION, AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Hastings Co Executive | Officer | 40 | $170,642 |
Kristin Leigh Co Executive | Officer | 40 | $171,158 |
Hilma Cynoweth President | OfficerTrustee | 6 | $0 |
Kamal Ali Vice Preside | OfficerTrustee | 6 | $0 |
Rathi Casey Secretary | OfficerTrustee | 6 | $0 |
Alexis Artery Treasurer | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,479,214 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,274,266 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,753,480 |
| Total Program Service Revenue | $2,357,209 |
| Investment income | $207,232 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$43,169 |
| Net Gain/Loss on Asset Sales | $21,403 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $171,321 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,517,401 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $70,003 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,406,596 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $505,581 |
| Payroll taxes | $338,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $718,551 |
| Advertising and promotion | $28,276 |
| Office expenses | $130,508 |
| Information technology | $139,390 |
| Royalties | $0 |
| Occupancy | $194,869 |
| Travel | $100,832 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,311 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $160,636 |
| Insurance | $57,878 |
| All other expenses | $0 |
| Total functional expenses | $7,518,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $93,406 |
| Savings and temporary cash investments | $2,088,449 |
| Pledges and grants receivable | $541,069 |
| Accounts receivable, net | $64,970 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,546 |
| Prepaid expenses and deferred charges | $59,394 |
| Net Land, buildings, and equipment | $3,014,032 |
| Investments—publicly traded securities | $4,531,202 |
| Investments—other securities | $73,762 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,485,830 |
| Accounts payable and accrued expenses | $465,761 |
| Grants payable | $0 |
| Deferred revenue | $196,839 |
| 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 | $662,600 |
| Net assets without donor restrictions | $8,669,743 |
| Net assets with donor restrictions | $1,153,487 |
| 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 | $10,485,830 |
Grants Awarded
Over the last fiscal year, Explora Science Center & Childrens Museum Of Albuquerque has awarded $168,825 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FRACTAL FOUNDATION INC PURPOSE: STIPENDS FOR STEAM ECHO FOR ELEMENTARY AND MIDDLE SCHOOL TEACHERS WHO PARTICIPATED IN ON-LINE P.D. | $8,525 |
THREE SISTERS KITCHEN PURPOSE: SUBAWARD FOR KITCHEN EQUIPMENT FOR NEW CAFE IN MUSEUM | $150,300 |
FRIENDS OF VALLE DE ORO NWR PURPOSE: POCKET HABITAT GARDEN FOR SCHOOL | $10,000 |