Bronx Childrens Museum
- Assets
- $3.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 23
- Location
- Bronx, NY
- Founding
- 03/2008
- Data as of
- 12/2021
- 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 12/2021, Bronx Childrens Museum employed 23 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 12/2021, Bronx Childrens Museum generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 11.0% 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
BRONX CHILDRENS MUSEUM CELEBRATES THE NATURAL CURIOSITY, CREATIVITY AND COMPASSION INHERENT IN ALL CHILDREN. WE RECOGNIZE THE INDIVIDUALITY OF EACH CHILD AND ASPIRE TO GUIDE THEM IN CLOSE PARTNERSHIP WITH THOSE WHO CARE FOR THEM.
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 Executive Dir. | Officer | 40 | $141,750 |
Thu-Nhi Nguyen-Petit Deputy Dir., Fin. | 40 | $105,000 | |
Richard L Stein Secretary | OfficerTrustee | 4 | $0 |
Hope Harley President | OfficerTrustee | 8 | $0 |
The Honorable Stanley Green Treasurer | OfficerTrustee | 2.5 | $0 |
Paul Ramirez Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $452,498 |
| Related organizations | $0 |
| Government grants | $514,531 |
| All other contributions, gifts, grants, and similar amounts not included above | $528,626 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,495,655 |
| Total Program Service Revenue | $5,800 |
| Investment income | $1,089 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $285 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$613 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,502,216 |
| 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. | $145,502 |
| Compensation of current officers, directors, key employees. | $24,735 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $701,058 |
| Pension plan accruals and contributions | $19,902 |
| Other employee benefits | $17,370 |
| Payroll taxes | $69,858 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,923 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $327,097 |
| Advertising and promotion | $0 |
| Office expenses | $37,872 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,942 |
| Travel | $1,806 |
| 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 | $2,586 |
| Insurance | $9,173 |
| All other expenses | $0 |
| Total functional expenses | $1,564,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,323,723 |
| Savings and temporary cash investments | $519,511 |
| Pledges and grants receivable | $231,560 |
| 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 | $10,283 |
| Net Land, buildings, and equipment | $3,952 |
| Investments—publicly traded securities | $13,896 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,102,925 |
| Accounts payable and accrued expenses | $75,964 |
| Grants payable | $0 |
| Deferred revenue | $9,035 |
| 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 | $25,000 |
| Total liabilities | $109,999 |
| Net assets without donor restrictions | $431,464 |
| Net assets with donor restrictions | $2,561,462 |
| 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 | $3,102,925 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bronx Childrens Museum has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Gray Foundation Cohoes, NY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rochester Museum And Science Center Rochester, NY | $32,141,900 | $9,942,117 |
Natural History Museum Of The Adirondacks Tupper Lake, NY | $35,795,696 | $7,881,578 |
Buffalo Society Of Natural Sciences Buffalo, NY | $29,536,038 | $5,760,811 |
Worcester Natural History Society Worcester, MA | $24,778,012 | $5,171,795 |
Childrens Museum Inc West Hartford, CT | $3,378,947 | $2,561,597 |
Delaware And Lehigh National Heritage Corridor Inc Easton, PA | $5,340,261 | $2,619,266 |
Bronx Childrens Museum Bronx, NY | $3,102,925 | $1,502,216 |
Institute For Aegean Prehistory Study Center For East Crete New York, NY | $707,056 | $1,375,391 |
Steam Into History Inc New Freedom, PA | $6,099,078 | $1,816,978 |
Hudson Highlands Nature Museum Cornwall, NY | $1,547,049 | $1,233,935 |
North Museum Corporation Lancaster, PA | $3,613,910 | $737,297 |
Cape Cod Museum Of Natural History Inc Brewster, MA | $5,380,254 | $1,073,012 |