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 12/2021, Childrens Museum Of Indianapolis Incorporated employed 400 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum Of Indianapolis Incorporated 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, Childrens Museum Of Indianapolis Incorporated generated $55.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $47.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

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:

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
Research Casting International
Dinosaur Bone Framing And Completion
$2,015,120
Echo Point Media
Media Placement
$1,010,448
Skillman Corporation
Construction Services
$788,922
Gsf Usa Inc
Cleaning Services
$609,020
Eclipse Creativity Inc
Design Services
$376,218
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$638,582
Government grants $13,355,299
All other contributions, gifts, grants, and similar amounts not included above$7,268,758
Noncash contributions included in lines 1a–1f $1,072,572
Total Revenue from Contributions, Gifts, Grants & Similar$21,262,639
Total Program Service Revenue$11,877,105
Investment income $3,262,107
Tax Exempt Bond Proceeds $0
Royalties $177,973
Net Rental Income $83,479
Net Gain/Loss on Asset Sales $17,314,610
Net Income from Fundraising Events $140,235
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,052,753
Miscellaneous Revenue$0
Total Revenue $55,187,916

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Childrens Museum Of Indianapolis Incorporated has recieved totaling $5,000.

Awarding OrganizationAmount
Zink Family Foundation Inc

Indianapolis, IN

PURPOSE: TO SUPPORT CHILDREN'S CURIOSITY AND EDUCATION

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$332,099,339
Earnings$59,369,962
Net Contributions$4,581,667
Other Expense$11,092,856
Ending Balance$384,958,112

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