Childrens Museum At Holyoke Inc
- Assets
- $586.3k
- Revenue
- $173.7k
- Investments
- $160.9k
- Employees
- 19
- Location
- Holyoke, MA
- Founding
- 03/1985
- Data as of
- 06/2021
- EIN
- 04-2836882
Organization Overview
Childrens Museum At Holyoke Inc is located in Holyoke, MA. The organization was established in 1985. 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 At Holyoke Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum At Holyoke 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 06/2021, Childrens Museum At Holyoke Inc generated $173.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $286.1k 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 AT HOLYOKE PROVIDES PARTICIPATORY EXHIBITS AND EDUCATIONAL PROGRAMS THAT INVITE THE INTERACTION OF CHILDREN AND ADULTS TO PROMOTE ENJOYABE LEARNING AND SELF-DISCOVERY IN THE ARTS, SCIENCES, AND THE WORLD AROUND THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPERATION OF A CHILDREN'S MUSEUM WHICH PROMOTES ENJOYABLE LEARNING AND ASSISTS THOSE INVOLVED IN THE EDUCATION OF CHILDREN. THE MUSEUM SERVED APPROXIMATELY 51,000 VISITORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Kelley Executive Director | Officer | 40 | $65,463 |
Ray Drewnowski President | Trustee | 0.5 | $0 |
Ryan Kelly Treasurer | Trustee | 0.5 | $0 |
Alison Bartlett-O'donald Vice President | Trustee | 0.5 | $0 |
Jane Chevalier At-Large | Trustee | 0.5 | $0 |
Kate Caligaris Board Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $22,029 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $32,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,298 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,027 |
| Total Program Service Revenue | $75,216 |
| Investment income | $1,932 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,940 |
| Net Income from Fundraising Events | -$1,972 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,586 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $173,729 |
| 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. | $65,633 |
| Compensation of current officers, directors, key employees. | $45,943 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $83,609 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,661 |
| 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 | $7,775 |
| Advertising and promotion | $3,171 |
| Office expenses | $20,299 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,456 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,299 |
| Insurance | $9,225 |
| All other expenses | $0 |
| Total functional expenses | $286,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,925 |
| Savings and temporary cash investments | $7,530 |
| Pledges and grants receivable | $0 |
| 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 | $5,236 |
| Prepaid expenses and deferred charges | $9,147 |
| Net Land, buildings, and equipment | $57,533 |
| Investments—publicly traded securities | $249,998 |
| Investments—other securities | $160,945 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $586,314 |
| Accounts payable and accrued expenses | $5,890 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $29,072 |
| Total liabilities | $34,962 |
| Net assets without donor restrictions | $551,352 |
| Net assets with donor restrictions | $0 |
| 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 | $586,314 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Childrens Museum At Holyoke Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
The Richard And Barbara Whitcomb Foundation Holyoke, MA PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Childrens Museum Boston, MA | $60,090,275 | $9,246,217 |
Stepping Stones Museum For Children Inc Norwalk, CT | $16,093,030 | $8,372,447 |
Childrens Museum Of Manhattan New York, NY | $83,018,063 | $10,710,271 |
Brooklyn Childrens Museum Corp Brooklyn, NY | $6,339,704 | $5,454,664 |
Long Island Childrens Museum Garden City, NY | $2,096,939 | $3,658,400 |
Explore & More A Childrens Museum Buffalo, NY | $16,170,645 | $2,361,705 |
Discovery Museums Inc Acton, MA | $11,301,287 | $4,406,909 |
Providence Childrens Museum Providence, RI | $3,373,407 | $2,324,736 |
Childrens Museum Of The Arts Inc New York, NY | $3,261,330 | $1,637,679 |
Childrens Museum Of The East End Bridgehampton, NY | $4,796,967 | $1,642,906 |
Staten Island Childrens Museum Staten Island, NY | $3,999,713 | $1,635,056 |
Discovery Center Of The Southern Tier Binghamton, NY | $1,791,660 | $1,101,982 |