Childrens Museum Of The Lowcountry
- Assets
- $4.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 31
- Location
- Charleston, SC
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 57-1014498
Organization Overview
Childrens Museum Of The Lowcountry is located in Charleston, SC. The organization was established in 1995. 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 The Lowcountry employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum Of The Lowcountry 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 The Lowcountry generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. 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
THE CHILDREN'S MUSEUM OF THE LOWCOUNTRY IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO SPARK IMAGINATION, STIMULATE CURIOSITY AND ENCOURAGE PROBLEM SOLVING THROUGH THE POWER OF PLAY IN FAMILIES FROM ALL BACKGROUNDS WITH YOUNG CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDRENS MUSEUM OF THE LOWCOUNTRY PROVIDES A CHILDRENS MUSEUM AND OFFSITE PROGRAMS THAT ENGAGE CHILDREN UNDER THE AGE OF 10 AND THEIR FAMILIES, BOTH AREA RESIDENTS AND VISITORS. EXHIBITS IN THE MUSEUMS SEVEN INDOOR GALLERIES ARE FOCUSED ON SUPPORTING YOUNG CHILDRENS COGNITIVE AND SOCIAL DEVELOPMENT WITH HANDS-ON, INQUIRY-BASED INVESTIGATIONS OF SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATH, OTHERWISE KNOWN AS THE STEAM DISCIPLINES. THE NOVEL CORONAVIRUS PANDEMIC RESULTED IN THE MUSEUMS CLOSURE FOR PART OF THIS YEAR, MAKING YEAR OVER YEAR COMPARISONS SKEWED. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nichole Myles Ed (former) | Officer | 40 | $120,022 |
Pooh Gephart Vice Preside | OfficerTrustee | 1 | $0 |
Steve Hufford Treasurer | OfficerTrustee | 1 | $0 |
Marc Murphy President | OfficerTrustee | 1 | $0 |
Candice Kenan Board Member | Trustee | 1 | $0 |
Leslie Norris Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $90,009 |
| Related organizations | $0 |
| Government grants | $252,580 |
| All other contributions, gifts, grants, and similar amounts not included above | $360,171 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $702,760 |
| Total Program Service Revenue | $646,317 |
| Investment income | $211 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$24,982 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,341 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,339,647 |
| 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. | $120,022 |
| Compensation of current officers, directors, key employees. | $24,004 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $478,367 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $59,681 |
| Payroll taxes | $20,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,361 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,093 |
| Advertising and promotion | $14,006 |
| Office expenses | $48,278 |
| Information technology | $18,299 |
| Royalties | $0 |
| Occupancy | $68,560 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,898 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $128,000 |
| Insurance | $12,868 |
| All other expenses | $0 |
| Total functional expenses | $1,069,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $821,042 |
| Savings and temporary cash investments | $114,235 |
| Pledges and grants receivable | $256,126 |
| 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 | $16,842 |
| Net Land, buildings, and equipment | $2,910,130 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,118,375 |
| Accounts payable and accrued expenses | $75,197 |
| Grants payable | $0 |
| Deferred revenue | $33,225 |
| 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 | $0 |
| Total liabilities | $108,422 |
| Net assets without donor restrictions | $2,849,895 |
| Net assets with donor restrictions | $1,160,058 |
| 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 | $4,118,375 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Childrens Museum Of The Lowcountry has recieved totaling $295,587.
| Awarding Organization | Amount |
|---|---|
Cline Family Foundation Palm Beach Gardens, FL PURPOSE: GENERAL PURPOSE | $106,500 |
Elhapa Foundation Inc Lexington, KY PURPOSE: TO SUPPORT MAKE & BELIEVE CAMPAIGN | $100,000 |
The J H Walker Legacy Foundation Reston, VA PURPOSE: FOR THE WARM WELCOME FUND, SUMMER CAMP SCHOLARSHIPS, AND POP-UP PLAY | $50,400 |
Coastal Community Foundation Of South Carolina Inc N Charleston, SC PURPOSE: EDUCATION GRANT | $20,600 |
Truist Foundation Inc Orlando, FL PURPOSE: GENERAL OPERATING | $10,000 |
Mark Elliott Motley Foundation Inc Charleston, SC PURPOSE: KIDS PROGRAMS | $4,000 |
Endowment Analysis
| Beg. Balance | $27,728 |
| Earnings | $171 |
| Ending Balance | $27,899 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edventure Inc Columbia, SC | $7,334,143 | $5,240,842 |
Childrens Museum Of Atlanta Inc Atlanta, GA | $7,234,962 | $4,142,531 |
Childrens Museum Of The Upstate Inc Greenville, SC | $28,971,671 | $4,131,276 |
Childrens Museum Of The Lowcountry Charleston, SC | $4,118,375 | $1,339,647 |
Wilmington Childrens Museum Inc Wilmington, NC | $1,726,495 | $941,807 |
Interactive Neighborhood For Kids Inc Gainesville, GA | $1,817,318 | $1,040,718 |
Kidsenses Inc Rutherfordton, NC | $2,702,603 | $844,939 |
Childrens Museum Of Pooler Pooler, GA | $267,913 | $479,737 |
Childrens Museum Of Jacksonville Jacksonville, NC | $735,865 | $458,949 |
Nido & Mariana Qubein Childrens Museum High Point, NC | $26,166,473 | $18,654,898 |
Cobb County Youth Museum Inc Marietta, GA | $543,079 | $285,620 |
The Iredell Museums Inc Statesville, NC | $0 | $111,662 |