Discovery Childrens Museum
- Assets
- $39.4m
- Revenue
- $4.9m
- Investments
- $5.5m
- Employees
- 127
- Location
- Las Vegas, NV
- Founding
- 12/1984
- Data as of
- 06/2022
- EIN
- 94-2943891
Organization Overview
Discovery Childrens Museum is located in Las Vegas, NV. The organization was established in 1984. 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 06/2022, Discovery Childrens Museum employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Discovery 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 06/2022, Discovery Childrens Museum generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $5.1m during the year ending 06/2022. 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
THE MISSION OF DISCOVERY CHILDRENS MUSEUM IS TO FOSTER A WELCOMING, VIBRANT, AND INCLUSIVE ENVIRONMENT WHERE ALL ARE INVITED TO ENGAGE IN PLAYFUL AND EDUCATIONAL EXPERIENCES THAT IGNITE A LIFELONG LOVE OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AND ADVANCE THE EDUCATION AND INTEREST OF SOUTHERN NEVADA RESIDENTS IN THE ARTS AND SCIENCES, AND ANY OTHER CHARITABLE, EDUCATIONAL OR ELEEMOSYNARY ACTIVITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Kaiser CEO | Officer | 40 | $211,900 |
Stacie Truesdell Michaels Chair | OfficerTrustee | 4 | $0 |
Boyd Nelson Vice Chair/t | OfficerTrustee | 4 | $0 |
Kevin Holyfield Secretary | OfficerTrustee | 4 | $0 |
Ashlee Andrews Trustee | Trustee | 3 | $0 |
Ashley Levin Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Best Janitorial Services Of Nv Janitorial | 6/29/22 | $137,368 |
Campbell And Company | 6/29/22 | $101,045 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $245,989 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,270,779 |
| Noncash contributions included in lines 1a–1f | $1,632 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,516,768 |
| Total Program Service Revenue | $1,777,020 |
| Investment income | $130,585 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $431,905 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $543,278 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,934,798 |
| 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. | $211,900 |
| Compensation of current officers, directors, key employees. | $41,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,295,375 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $224,569 |
| Payroll taxes | $0 |
| 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 | $432,887 |
| Advertising and promotion | $140,173 |
| Office expenses | $384,533 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $124,903 |
| Travel | $104,486 |
| 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 | $591,072 |
| Insurance | $48,754 |
| All other expenses | $0 |
| Total functional expenses | $5,105,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $673,259 |
| Savings and temporary cash investments | $1,089,640 |
| Pledges and grants receivable | $65,390 |
| Accounts receivable, net | $146,276 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $84,113 |
| Prepaid expenses and deferred charges | $33,663 |
| Net Land, buildings, and equipment | $31,803,388 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,477,888 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $39,373,617 |
| Accounts payable and accrued expenses | $242,599 |
| Grants payable | $0 |
| Deferred revenue | $952,743 |
| 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 | $1,195,342 |
| Net assets without donor restrictions | $9,751,051 |
| Net assets with donor restrictions | $28,427,224 |
| 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 | $39,373,617 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Discovery Childrens Museum has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
The Tito And Sandra Tiberti Foundation Las Vegas, NV PURPOSE: CHARITABLE | $3,000 |
Endowment Analysis
| Beg. Balance | $1,141,876 |
| Earnings | -$166,451 |
| Net Contributions | $35,863 |
| Other Expense | -$25,288 |
| Ending Balance | $986,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bay Area Discovery Museum Sausalito, CA | $26,061,863 | $6,725,383 |
Kidspace A Participatory Museum Pasadena, CA | $15,725,981 | $6,757,271 |
San Jose Childrens Discovery Museum San Jose, CA | $25,329,021 | $4,652,223 |
Discovery Childrens Museum Las Vegas, NV | $39,373,617 | $4,934,798 |
The New Childrens Museum San Diego, CA | $21,920,545 | $4,094,754 |
Childrens Museum Of Santa Barbara Santa Barbara, CA | $24,619,605 | $3,517,669 |
Discovery Gateway Salt Lake City, UT | $3,078,534 | $3,546,576 |
Over The Rainbow Butterfly Garden Inc Flagstaff, AZ | $925,650 | $2,814,063 |
Pretend City The Childrens Museum Of Orange County Irvine, CA | $6,089,544 | $5,307,442 |
Tucson Childrens Museum Inc Tucson, AZ | $1,837,223 | $2,864,364 |
Childrens Museum Of Sonoma County Santa Rosa, CA | $4,201,797 | $955,744 |
San Diego Childrens Discovery Museum Escondido, CA | $2,518,653 | $1,969,414 |