Childrens Museum Of Indianapolis Incorporated

Organization Overview

Childrens Museum Of Indianapolis Incorporated is located in Indianapolis, IN. The organization was established in 1952. 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 12/2019, Childrens Museum Of Indianapolis Incorporated employed 524 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Childrens Museum Of Indianapolis Incorporated generated $37.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $47.2m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S MISSION IS TO CREATE EXTRAORDINARY LEARNING EXPERIENCES ACROSS THE ARTS, SCIENCES AND HUMANITIES THAT HAVE THE POWER TO TRANSFORM THE LIVES OF CHILDREN AND FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL ACTIVITIES, PROGRAMS AND SCHOOL TOURS: THE CHILDREN'S MUSEUM INSPIRES TEACHERS AND STUDENTS OF ALL AGES THROUGH ITS NUMEROUS EDUCATIONAL PROGRAMS AND SCHOOL TOURS. OUR SCHOOL PROGRAMS COVER THE ARTS, SCIENCES, AND HUMANITIES AND PROVIDE IMMERSIVE CURRICULAR EXPERIENCES THAT CANNOT BE REPLICATED IN THE CLASSROOM. THE MUSEUM ALSO SUPPORTS TEACHERS BY PROVIDING AN EVER-EXPANDING LIBRARY OF UNITS OF STUDY THAT MEET BOTH THE INDIANA AND THE NATIONAL ACADEMIC STANDARDS FOR GRADES K THROUGH 12.


EXHIBIT DESIGN: THE CHILDREN'S MUSEUM CONCEIVES, DEVELOPS, IMPLEMENTS, AND MAINTAINS EXHIBITS THAT FOCUS ON HISTORY, ART, AND SCIENCE FOR ITS 13 GALLERIES. EACH EXHIBIT IS DESIGNED TO FOSTER FAMILY LEARNING THROUGH HANDS-ON EXPERIENCES, INTERPRETIVE PROGRAMMING, AND THE USE OF AUTHENTIC OBJECTS. MANY OF THE MUSEUM'S EXHIBITS ARE BASED UPON STRONG RELATIONSHIPS WITH HISTORIANS AND EXPERTS WHO HELP US IN SHARING POWERFUL STORIES SUCH AS RUBY BRIDGES, ASTRONAUT DR. DAVID WOLF, AND UNDERWATER ARCHAEOLOGIST CHARLIE BEEKER.


COLLECTIONS - THE CHILDREN'S MUSEUM OF INDIANAPOLIS BOASTS A COLLECTION OF MORE THAN 130,000 ARTIFACTS AND SPECIMENS. THE COLLECTION IS A STOREHOUSE OF IDEAS AND CONCEPTS; NOT ONLY ARE THESE OBJECTS PATHWAYS TO THE THINKING THAT HAVE SHAPED OUR COLLECTIVE PAST, BUT ALSO TO THE NEW CONNECTIONS AND DISCOVERIES YET UNBORN IN THE MINDS OF YOUNG VISITORS. SINCE ITS FOUNDING IN 1925, THE MUSEUM HAS NURTURED THE GROWTH OF ITS COLLECTION WHICH IS DIVIDED INTO THREE DOMAINS: NATURAL WORLD DOMAIN: COLLECTIONS CONTAIN MANY REAL SPECIMENS, FROM DINOSAUR EGGS AND PRECIOUS GEMS TO SAUSAGE TREE PODS. MANY INTERESTING OBJECTS FROM AROUND THE WORLD ILLUSTRATE NATURAL AND PHYSICAL SCIENCE CONCEPTS. (CONTINUED IN SCHEDULE O)


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cambridge Associates Llc
Investment Advisor
$614,424
Superior Carpet Installers Inc
Carpet Suppliers And Installers
$394,938
Sodexo Inc & Affiliates
Food Services
$338,904
Gsf Usa Inc
Cleaning Services
$765,005
Echo Point Media
Media Placement
$1,442,579
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$138,628
Related organizations$732,500
Government grants $134,257
All other contributions, gifts, grants, and similar amounts not included above$7,215,331
Noncash contributions included in lines 1a–1f $804,132
Total Revenue from Contributions, Gifts, Grants & Similar$8,220,716
Total Program Service Revenue$18,483,548
Investment income $4,216,423
Tax Exempt Bond Proceeds $0
Royalties $527,171
Net Rental Income $41,885
Net Gain/Loss on Asset Sales $4,393,071
Net Income from Fundraising Events $143,976
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,160,382
Miscellaneous Revenue$0
Total Revenue $37,288,677

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Childrens Museum Of Indianapolis Incorporated has recieved totaling $1,205,452.

Awarding OrganizationAmount
Arts Council Of Indianapolis Inc

Indianapolis, IN

PURPOSE: ARTS PROGRAMMING & COVID RELIEF

$590,392
Arts Council Of Indianapolis Inc

Indianapolis, IN

PURPOSE: ARTS PROGRAMMING & COVID RELIEF

$590,392
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$15,849
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$5,819
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$1,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$293,516,774
Earnings$44,227,682
Other Expense$16,252,041
Ending Balance$321,492,415

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