Maine Discovery Museum
- Assets
- $2.0m
- Revenue
- $727.6k
- Investments
- $0.0
- Employees
- 18
- Location
- Bangor, ME
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 01-0527022
Organization Overview
Maine Discovery Museum is located in Bangor, ME. The organization was established in 1999. 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 12/2021, Maine Discovery Museum employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Discovery 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 12/2021, Maine Discovery Museum generated $727.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $762.5k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATE AN INDEPENDENT AND PERMANENT CHILDREN'S MUSEUM OPEN TO THE PUBLIC TO EDUCATE CHILDREN AND FAMILIES, ENCOURAGE CREATIVITY, NURTURE A SENSE OF WONDER, AND TO CHALLENGE ALL TO LEARN IN NEW AND INNOVATIVE WAYS. EXHIBITS AND PROGRAMS WILL BE FUN, INTERACTIVE AND THOUGHT PROVOKING, AND WILL ENCOURAGE PARTICIPATION BY CHILDREN AND FAMILIES OF ALL ABILITIES AND SOCIOECONOMIC BACKGROUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER CAMP PROVIDES EDUCATIONAL EXPERIENCES FOR CHILDREN OF ALL AGES. OUR SCHOOL OUTREACH PROGRAMS PROVIDE UNIQUE HANDS ON LEARNING EXPERIENCES. OUR EXHIBITS WITHIN THE MUSEUM PROVIDE AN IMMERSIVE ENVIRONMENT NOT DUPLICATED ANYWERE ELSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Niles Parker Former Exec | Officer | 40 | $72,520 |
Lisa Openshaw Treasurer | OfficerTrustee | 1 | $0 |
Nichole Trainor Secretary | OfficerTrustee | 1 | $0 |
Jaclyn Silk Vice Preside | OfficerTrustee | 1 | $0 |
Anne-Marie Storey President | OfficerTrustee | 1 | $0 |
Kate Dickerson Executive Di | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $455,570 |
| All other contributions, gifts, grants, and similar amounts not included above | $172,401 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $627,971 |
| Total Program Service Revenue | $95,227 |
| Investment income | $80 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,302 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $727,580 |
| 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. | $72,520 |
| Compensation of current officers, directors, key employees. | $58,016 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $253,942 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $61,212 |
| Payroll taxes | $25,779 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,298 |
| Advertising and promotion | $404 |
| Office expenses | $28,073 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $47,238 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,889 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $129,218 |
| Insurance | $13,291 |
| All other expenses | $4,201 |
| Total functional expenses | $762,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $358,722 |
| Savings and temporary cash investments | $6,606 |
| Pledges and grants receivable | $52,000 |
| 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 | $1,489 |
| Net Land, buildings, and equipment | $1,551,838 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,970,655 |
| Accounts payable and accrued expenses | $38,764 |
| Grants payable | $0 |
| Deferred revenue | $60,486 |
| 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 | $336,847 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $436,097 |
| Net assets without donor restrictions | $1,298,927 |
| Net assets with donor restrictions | $235,631 |
| 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 | $1,970,655 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Maine Discovery Museum has recieved totaling $23,656.
| Awarding Organization | Amount |
|---|---|
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Children's Museums | $14,000 |
Libra Foundation Owen W Wells Trustee Portland, ME PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Fisher Charitable Foundation Portland, ME PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Mimi Foundation Scarborough, ME PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $156 |
Endowment Analysis
| Beg. Balance | $47,342 |
| Net Contributions | $10,000 |
| Ending Balance | $57,342 |
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 |