Childrens Museum And Theatre Of Maine
- Assets
- $17.5m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 26
- Location
- Portland, ME
- Founding
- 12/1977
- Data as of
- 06/2021
- EIN
- 01-0352258
Organization Overview
Childrens Museum And Theatre Of Maine is located in Portland, ME. The organization was established in 1977. 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 And Theatre Of Maine employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum And Theatre Of Maine 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 And Theatre Of Maine generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $1.0m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHILDREN'S MUSEUM & THEATRE OF MAINE EXISTS TO INSPIRE DISCOVERY AND IMAGINATION THROUGH EXPLORATION AND PLAY. THE MUSEUM SERVES AS AN INDEPENDENT RESOURCE FOR FAMILIES AND EDUCATORS, HELPING TO CREATE A BROAD COMMUNITY DEVOTED TO OUR CHILDREN'S DEVELOPMENT AND LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSEUM OPERATIONS - THE CHILDREN'S MUSEUM & THEATRE OF MAINE EXISTS TO INSPIRE DISCOVERY AND IMAGINATION THROUGH EXPLORATION AND PLAY. THE MUSEUM SERVES AS AN INDEPENDENT RESOURCE FOR FAMILIES AND EDUCATORS, HELPING TO CREATE A BROAD COMMUNITY DEVOTED TO OUR CHILDREN'S DEVELOPMENT AND LEARNING. OVER 100,000 VISITORS COME TO THE MUSEUM ON AN ANNUAL BASIS. THE VISITOR ENGAGEMENT DEPARTMENT PROVIDES FOR A SAFE AND CLEAN BUILDING IN WHICH TO PRESENT EDUCATIONAL EXHIBITS AND PROGRAMS.
THEATRE - THEATRE PROVIDES OPPORTUNITIES FOR YOUNG AUDIENCES TO SEE A SHOW AND YOUNG ACTORS TO PARTICIPATE IN AN ENSEMBLE AND DEVELOP THEIR SKILLS.
EDUCATIONAL - THE MUSEUM PROVIDES EDUCATIONAL PROGRAMMING FOR CHILDREN AND FAMILIES THROUGH ON SITE PROGRAMS AND OUTREACH TO SCHOOLS AND COMMUNITY ORGANIZATIONS. THE PROGRAMS ARE DIRECTLY TIED TO THE EXHIBITS.
EXHIBITS - EXHIBITS AND PROGRAMS ALLOW CHILDREN THE OPPORTUNITY TO LEARN THROUGH DISCOVERY. ALL EXHIBITS AND PROGRAMS FOCUS ON OUR FOUR PRIMARY LEARNING AREAS: STEM, EARLY CHILDHOOD EDUCATION, ARTS AND CULTURE EDUCATION, AS WELL AS THEATRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Butcher Pezzino Executive Di | Officer | 46 | $97,667 |
Heather Robinson Vice Preside | OfficerTrustee | 7.5 | $0 |
Tabitha Lamontagne Treasurer | OfficerTrustee | 7.5 | $0 |
Kristin Valdmanis President | OfficerTrustee | 7.5 | $0 |
Gail Ringel Secretary | OfficerTrustee | 7.5 | $0 |
Virginia Gentile Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zachau Construction Construction | 6/29/21 | $4,867,085 |
Shaw Brothers Construction Construction | 6/29/21 | $728,877 |
Universal Services Associates Fabrication | 6/29/21 | $458,699 |
Boss Display Design Agency | 6/29/21 | $232,200 |
Animal Exhibits And Design Design Agency | 6/29/21 | $433,367 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $88,143 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $220,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,647,951 |
| Noncash contributions included in lines 1a–1f | $382,898 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,956,494 |
| Total Program Service Revenue | $778 |
| Investment income | $2,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$114,252 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$5,018 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,889,070 |
| 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. | $111,946 |
| Compensation of current officers, directors, key employees. | $50,376 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $564,913 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,679 |
| Payroll taxes | $49,272 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,690 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,764 |
| Advertising and promotion | $7,685 |
| Office expenses | $56,531 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,325 |
| Travel | $99 |
| 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 | $3,993 |
| Insurance | $23,180 |
| All other expenses | $0 |
| Total functional expenses | $1,036,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $483,226 |
| Savings and temporary cash investments | $150,672 |
| Pledges and grants receivable | $2,225,637 |
| 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 | $2,489 |
| Prepaid expenses and deferred charges | $17,950 |
| Net Land, buildings, and equipment | $13,502,352 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,140,801 |
| Total assets | $17,523,127 |
| Accounts payable and accrued expenses | $367,504 |
| Grants payable | $0 |
| Deferred revenue | $33,521 |
| 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 | $219,000 |
| Other liabilities | $2,585,288 |
| Total liabilities | $3,205,313 |
| Net assets without donor restrictions | $11,740,819 |
| Net assets with donor restrictions | $2,576,995 |
| 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 | $17,523,127 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Childrens Museum And Theatre Of Maine has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Saco & Biddeford Savings Charitable Foundation Saco, ME PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $736,262 |
| Earnings | $278,025 |
| Net Contributions | $126,514 |
| Ending Balance | $1,140,801 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Museum And Theatre Of Maine Portland, ME | $17,523,127 | $2,889,070 |
The Childrens Museum Of New Hampshire Dover, NH | $3,963,844 | $1,358,909 |
Maine Discovery Museum Bangor, ME | $1,970,655 | $727,580 |
Childrens Discovery Museum Waterville, ME | $814,671 | $199,174 |
Cheshire Childrens Museum Keene, NH | $87,445 | $0 |
Mount Washington Valley Childrens Museum North Conway, NH | $15,645 | $0 |