The Museum Of Language Arts Incorporated

Organization Overview

The Museum Of Language Arts Incorporated, operating under the name Planet Word, is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Planet Word employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Planet Word 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, Planet Word generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $4.2m during the year ending 12/2021. While expenses have increased by 41.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ON OCTOBER 22, 2020, THE MUSEUM OFFICIALLY OPENED ITS DOORS TO THE PUBLIC. WHILE CURRENTLY OPERATING IN A LIMITED CAPACITY DUE TO THE GLOBAL HEALTH PANDEMIC, THE MUSEUM INTENDS TO SERVE MORE THAN 150,000 VISITORS ANNUALLY ON-SITE IN THE NEWLY PRESERVED AND REHABILITATED FRANKLIN SCHOOL, A 50,000-SQUARE-FOOT, 5-STORY NATIONAL HISTORIC LANDMARK. THE MUSEUM CURRENTLY FEATURES 10 IMMERSIVE, INTERACTIVE EXHIBIT GALLERIES THAT ENGAGE VISITORS IN EXPERIENCING WORDS AND LANGUAGE FROM A WIDE RANGE OF PERSPECTIVES - FROM THE SCIENCE OF HOW LANGUAGE SKILLS DEVELOP EARLY IN LIFE TO HOW WORDS ARE USED CREATIVELY AND PERSUASIVELY IN MUSIC, POETRY, HUMOR, ADVERTISING, ORATORY, AND LITERATURE. IN ADDITION, THE MUSEUM PROVIDES DYNAMIC AND ROBUST ONGOING ARTS, CULTURE, AND EDUCATION PROGRAMMING IN ITS AUDITORIUM AND CLASSROOM SPACES, AS WELL AS ONLINE, FOR CHILDREN, ADULTS, FAMILIES, STUDENTS, AND TEACHERS. OTHER FEATURES INCLUDE A GIFT SHOP, OFFICE SPACE FOR THE ADMINISTRATION OF THE MUSEUM, A RESTAURANT OPERATED BY A THIRD PARTY, AND AN INTERACTIVE GAME GALLERY THAT OPENED IN MARCH 2022 FEATURING WORD PUZZLES, MYSTERIES, AND RIDDLES TO SOLVE THROUGHOUT THE ROOM.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Tech 24 Construction
Contractor/builder
$573,184
Local Projects Llc
Exhibit Content Development
$160,747
Explus
Exhibit Fabrication And Installation
$373,843
Admiral Security Services
Security Services
$280,934
Solomon Group
Exhibit Fabrication And Installation
$237,815
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $136,487
All other contributions, gifts, grants, and similar amounts not included above$2,321,826
Noncash contributions included in lines 1a–1f $169,992
Total Revenue from Contributions, Gifts, Grants & Similar$2,458,313
Total Program Service Revenue$77,618
Investment income $202
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $181,885
Net Gain/Loss on Asset Sales -$3,610
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $96,401
Miscellaneous Revenue$0
Total Revenue $2,812,502

Grants Recieved

Over the last fiscal year, we have identified 8 grants that The Museum Of Language Arts Incorporated has recieved totaling $1,667,542.

Awarding OrganizationAmount
Bloomberg Family Foundation Inc

New York, NY

PURPOSE: CAPITAL PROJECT

$1,500,000
Jack Joseph And Morton Mandel Foundation

Cleveland, OH

PURPOSE: PROJECT SUPPORT

$100,000
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$25,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: ARTS AND CULTURE

$15,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$15,000
Rockefeller Foundation

New York, NY

PURPOSE: IN SUPPORT OF RF DONATIONS TO CHARITABLE ORGANIZATIONS

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$101,593
Net Contributions$25,000
Ending Balance$126,593

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