Association Of Childrens Museums Inc
- Assets
- $4.0m
- Revenue
- $4.1m
- Investments
- $35.7k
- Employees
- 13
- Location
- Arlington, VA
- Founding
- 09/1988
- Data as of
- 09/2021
- EIN
- 95-4087882
Organization Overview
Association Of Childrens Museums Inc is located in Arlington, VA. The organization was established in 1988. 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 09/2021, Association Of Childrens Museums Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Childrens Museums 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 09/2021, Association Of Childrens Museums Inc generated $4.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $2.1m during the year ending 09/2021. While expenses have increased by 1.5% per year over the past 6 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.
Since 2015, Association Of Childrens Museums Inc has awarded 111 individual grants totaling $2,849,422. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ACM CHAMPIONS CHILDREN'S MUSEUMS WORLDWIDE. OUR VISION IS FOR A WORLD THAT HONORS ALL CHILDREN AND RESPECTS THE DIVERSE WAYS IN WHICH THEY LEARN AND DEVELOP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES - PROVIDES MEMBERS WITH INFORMATION ABOUT DEVELOPMENTS IN THE FIELD, PROFESSIONAL PRACTICES, FUNDING & FUNDING INITIATIVES. ALSO PROVIDES DIRECT ACCESS TO TRAINING & PUBLICATIONS.
THE NATIONAL SCIENCE FOUNDATION'S GRANT FOR RESEARCH IN THE CONCEPT OF; INTERPLAY: THE PRACTICE OF EARLY LEARNERS DEVELOPING STEM SKILLS THROUGH PLAY AND DESIGN. THROUGH A PARTNERSHIP WITH THE CENTER FOR RESEARCH ON LIFELONG STEM LEARNING AT OREGON STATE UNIVERSITY, THE PROJECT FOCUSES ON BROADENING PARTICIPATION AT THE START OF THE STEM PIPELINE BY SUPPORTING EARLY STEM LEARNERS THROUGH A GREATER CONTEXTUAL UNDERSTANDING OF HOW EXHIBIT DESIGN PRINCIPLES USED IN CHILDREN'S MUSEUMS AND SCIENCE CENTERS, THE CULTURAL RELEVANCE OF PLAY, AND THE DEVELOPMENT OF EARLY STEM SKILLS COME TOGETHER IN AN INTERSECTING RELATIONSHIP TO SUPPORT QUALITY, AGE-APPROPRIATE PLAY THAT SUPPORTS THE DEVELOPMENT OF EARLY STEM SKILLS.
ASIAN EXHIBIT INITIATIVE- PROGRAM TO TRAVEL ASIAN EXHIBITS TO MUSEUMS TO ENHANCE KNOWLEDGE OF ASIAN CULTURES.
MEMBER SERVICES - PROVIDES MEMBERS WITH INFORMATION ABOUT DEVELOPMENTS IN THE FIELD, PROFESSIONAL PRACTICES, FUNDING & FUNDING INITIATIVES. ALSO PROVIDES DIRECT ACCESS TO TRAINING & PUBLICATIONS.
THE NATIONAL SCIENCE FOUNDATION'S GRANT FOR RESEARCH IN THE CONCEPT OF; INTERPLAY: THE PRACTICE OF EARLY LEARNERS DEVELOPING STEM SKILLS THROUGH PLAY AND DESIGN. THROUGH A PARTNERSHIP WITH THE CENTER FOR RESEARCH ON LIFELONG STEM LEARNING AT OREGON STATE UNIVERSITY, THE PROJECT FOCUSES ON BROADENING PARTICIPATION AT THE START OF THE STEM PIPELINE BY SUPPORTING EARLY STEM LEARNERS THROUGH A GREATER CONTEXTUAL UNDERSTANDING OF HOW EXHIBIT DESIGN PRINCIPLES USED IN CHILDREN'S MUSEUMS AND SCIENCE CENTERS, THE CULTURAL RELEVANCE OF PLAY, AND THE DEVELOPMENT OF EARLY STEM SKILLS COME TOGETHER IN AN INTERSECTING RELATIONSHIP TO SUPPORT QUALITY, AGE-APPROPRIATE PLAY THAT SUPPORTS THE DEVELOPMENT OF EARLY STEM SKILLS.
ASIAN EXHIBIT INITIATIVE- PROGRAM TO TRAVEL ASIAN EXHIBITS TO MUSEUMS TO ENHANCE KNOWLEDGE OF ASIAN CULTURES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Huerta Migus Executive Director | Officer | 40 | $126,585 |
Joe Hastings Vice President | OfficerTrustee | 2.5 | $0 |
Leslie Bushara Vice President | OfficerTrustee | 2.5 | $0 |
Tanya Durand President | OfficerTrustee | 2.5 | $0 |
Michael Yankovich Past President | OfficerTrustee | 2.5 | $0 |
Brenda Baker Vice President | OfficerTrustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,150 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $745,665 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,766,966 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,515,781 |
| Total Program Service Revenue | $589,002 |
| Investment income | $24,170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,321 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,135,274 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $321,307 |
| 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. | $129,612 |
| Compensation of current officers, directors, key employees. | $2,643 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $603,020 |
| Pension plan accruals and contributions | $7,257 |
| Other employee benefits | $38,581 |
| Payroll taxes | $53,282 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,580 |
| Fees for services: Accounting | $23,795 |
| Fees for services: Lobbying | $1,075 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $696,016 |
| Advertising and promotion | $0 |
| Office expenses | $22,339 |
| Information technology | $66,188 |
| Royalties | $0 |
| Occupancy | $83,796 |
| Travel | $886 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,974 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,216 |
| Insurance | $6,716 |
| All other expenses | $0 |
| Total functional expenses | $2,138,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,709 |
| Savings and temporary cash investments | $3,045,183 |
| Pledges and grants receivable | $55,932 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $19,572 |
| Net Land, buildings, and equipment | $38,650 |
| Investments—publicly traded securities | $579,295 |
| Investments—other securities | $35,654 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $133,438 |
| Total assets | $3,950,433 |
| Accounts payable and accrued expenses | $138,244 |
| Grants payable | $0 |
| Deferred revenue | $147,304 |
| 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 | $110,358 |
| Total liabilities | $395,906 |
| Net assets without donor restrictions | $763,358 |
| Net assets with donor restrictions | $2,791,169 |
| 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 | $3,950,433 |
Grants Awarded
Over the last fiscal year, Association Of Childrens Museums Inc has awarded $642,322 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Madison, WI PURPOSE: EXHIBIT COLLATERAL/DESIGN TEAM PARTICIPATION PAYMENTS | $40,781 |
Madison, WI PURPOSE: EXHIBIT COLLATERAL/DESIGN TEAM PARTICIPATION PAYMENTS | $40,781 |
Boston, MA PURPOSE: FFACES CONCEPTUAL DESIGN/EXHIBIT COLLATERAL PAYMENTS | $40,000 |
Boston, MA PURPOSE: FFACES CONCEPTUAL DESIGN/EXHIBIT COLLATERAL PAYMENTS | $40,000 |
Brooklyn, NY PURPOSE: EXHIBIT COLLATERAL/DESIGN TEAM PARTICIPATION PAYMENTS | $30,320 |
Brooklyn, NY PURPOSE: EXHIBIT COLLATERAL/DESIGN TEAM PARTICIPATION PAYMENTS | $30,320 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association Of Childrens Museums Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Maryland Book Bank Inc Baltimore, MD | $907,685 | $4,917,061 |
Baltimore Childrens Museum Inc Baltimore, MD | $20,197,093 | $5,154,726 |
Childrens Museum Of Memphis Memphis, TN | $13,720,336 | $2,454,911 |
Creative Discovery Museum Chattanooga, TN | $21,187,184 | $5,712,908 |
Northern Virginia Science Center Foundation Fairfax, VA | $12,837,527 | $5,104,096 |
Childrens Museum Of Richmond Richmond, VA | $8,094,641 | $4,347,352 |
Moco Kidsco Bethesda, MD | $1,515,612 | $3,185,373 |
Association Of Childrens Museums Inc Arlington, VA | $3,950,433 | $4,135,274 |
Amazement Square Lynchburg, VA | $7,800,718 | $1,033,755 |
Muse Knoxville Knoxville, TN | $1,015,860 | $1,450,790 |
Childrens Museum Corporation Of Rutherford County Murfreesboro, TN | $5,763,596 | $2,253,346 |
Living Arts & Science Center Inc Lexington, KY | $4,687,840 | $645,337 |