Bronx Childrens Museum
- Assets
- $1.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 33
- Location
- Bronx, NY
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 26-0579140
Organization Overview
Bronx Childrens Museum is located in Bronx, NY. The organization was established in 2008. According to its NTEE Classification (A56) the organization is classified as: Natural History & Natural Science Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Bronx Childrens Museum employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bronx 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 12/2022, Bronx Childrens Museum generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. 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
CELEBRATING THE NATURAL CURIOSITY, CREATIVITY AND COMPASSION INHERENT IN ALL CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM - MUSEUM EDUCATORS OPERATED 8 PROGRAMS INCLUDING 2 AFTER SCHOOL PROGRAMS (LITTLE FRIENDS OF THE MUSEUM, GREEN ARTS), 2 IN-SCHOOL PROGRAM (NATURE OF THE BRONX AND DREAM BIG AFTER SCHOOL), AND 4 PUBLIC ARTS PROGRAMS (STUDIO SATURDAYS, SATURDAY FUN LABS, ARTSPOT, DREAM BIG SUMMER).
NATURE OF THE BRONX: FOR THE SECOND YEAR, THE MUSEUM PROVIDED IN-SCHOOL STEAM PROGRAMMING UNDER THE UMBRELLA OF NATURE OF THE BRONX. THE PROGRAM WAS PROVIDED TO 14 SCHOOLS AND 820 CHILDREN. THE PROGRAM CONSISTED OF PRE-RECORDED VIDEO LESSONS, IN-PERSON OR VIRTUAL INSTRUCTION WITH BXCM EDUCATORS, SUPPLY BOXES OF MATERIALS FOR EACH PARTICIPATING TEACHER AND STUDENT, AND A FIELD TRIP TO A BRONX WATERWAY.
DREAM BIG INITIATIVE - AN IN-PERSON SUMMER ENRICHMENT PROGRAM COMBINING ART INSTRUCTION, ART HISTORY, AND STORIES OF BRONX LUMINARIES, CHILDREN GAIN A SENSE OF PRIDE IN THEMSELVES, THEIR CULTURE, AND THE BRONX. 30 CHILDREN PARTICIPATED FROM THE SCAN AT PS 274
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carla Precht Exceutive Director | OfficerTrustee | 40 | $156,201 |
Thu-Nhi Nguyen-Petit Dep. Director Of Finance | Officer | 40 | $122,649 |
Arlene G Lewis Bascom CPA President | OfficerTrustee | 1 | $0 |
Peter Sherman MD MPH Vice President | OfficerTrustee | 1 | $0 |
Richard L Stein Secretary | OfficerTrustee | 1 | $0 |
Sapan Vyas Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Electrosonic Inc Av Services For Cloud Exhibit | 12/30/22 | $180,454 |
Heartland Scenic Studio Inc Design And Fabrication Of Exhibits | 12/30/22 | $378,883 |
Ngm Electric Lighting Renovation | 12/30/22 | $181,790 |
Works In Progress Associates Construction Management | 12/30/22 | $101,870 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $299,263 |
| Related organizations | $0 |
| Government grants | $334,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,121,873 |
| Noncash contributions included in lines 1a–1f | $1,847 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,755,836 |
| Total Program Service Revenue | $7,750 |
| Investment income | $4,955 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$334 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,609 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,766,598 |
| 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. | $287,215 |
| Compensation of current officers, directors, key employees. | $30,682 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $979,267 |
| Pension plan accruals and contributions | $18,595 |
| Other employee benefits | $29,235 |
| Payroll taxes | $108,778 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,922 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,269,102 |
| Advertising and promotion | $0 |
| Office expenses | $73,731 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,043 |
| Travel | $18,202 |
| 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 | $2,654 |
| Insurance | $74,623 |
| All other expenses | $0 |
| Total functional expenses | $3,165,678 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $880,465 |
| Savings and temporary cash investments | $364,768 |
| Pledges and grants receivable | $577,643 |
| 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 | $15,951 |
| Net Land, buildings, and equipment | $1,983 |
| Investments—publicly traded securities | $6 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,278 |
| Total assets | $1,851,094 |
| Accounts payable and accrued expenses | $245,984 |
| Grants payable | $0 |
| Deferred revenue | $1,000 |
| 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 | $10,334 |
| Total liabilities | $257,318 |
| Net assets without donor restrictions | $1,448,776 |
| Net assets with donor restrictions | $145,000 |
| 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 | $1,851,094 |