Childrens Museum Of Memphis

Organization Overview

Childrens Museum Of Memphis is located in Memphis, TN. The organization was established in 1988. 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 06/2021, Childrens Museum Of Memphis employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum Of Memphis 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 06/2021, Childrens Museum Of Memphis generated $2.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $3.7m during the year ending 06/2021. 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

TO CREATE MEMORABLE LEARNING EXPERIENCES THROUGH THE JOY OF PLAY IN HANDS-ON EXHIBITS AND PROJECTS AND PROGRAMS. WE ACCOMPLISH THIS MISSION BY REACHING OUT TO THE MID-SOUTH SCHOOL CHILDREN, FAMILIES AND THE TOURIST VISITOR. WE HAVE SERVED OVER 93,971 CHILDREN AND ADULTS THIS FISCAL YEAR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHILDREN'S MUSEUM HELPS CHILDREN DEVELOP ESSENTIAL SKILLS, LIGHTS A CREATIVE SPARK FOR DISCOVERY AND LIFETIME LEARNING, AND PROVIDES AN ENVIRONMENT WHERE FAMILIES CAN PLAY AND CONNECT WHILE LEARNING. THE MUSEUM SERVED OVER 93,971 CHILDREN AND ADULTS DURING THIS FISCAL YEAR.


THE CHILDREN'S MUSEUM HELPS CHILDREN DEVELOP ESSENTIAL SKILLS, LIGHTS A CREATIVE SPARK FOR DISCOVERY AND LIFETIME LEARNING, AND PROVIDES AN ENVIRONMENT WHERE FAMILIES CAN PLAY AND CONNECT WHILE LEARNING. THE MUSEUM SERVED OVER 93,971 CHILDREN AND ADULTS DURING THIS FISCAL YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Stewart Burgess
Executive Director
$137,308
Richard Guenther
Interim Director Of Finances
$63,600
Bridgette Speake
President
$0
Greg Smithers
Vice President
$0
Kevin Williams
Secretary
$0
Philip Pontius
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$543,304
Fundraising events$0
Related organizations$0
Government grants $632,665
All other contributions, gifts, grants, and similar amounts not included above$264,022
Noncash contributions included in lines 1a–1f $15,175
Total Revenue from Contributions, Gifts, Grants & Similar$1,439,991
Total Program Service Revenue$869,260
Investment income $33,598
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $93,436
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $7,891
Miscellaneous Revenue$0
Total Revenue $2,454,911

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Childrens Museum Of Memphis has recieved totaling $119,260.

Awarding OrganizationAmount
$66,500
Community Foundation Of Greater Memphis Inc

Memphis, TN

PURPOSE: GENERAL OPERATIONAL SUPPORT

$19,951
Delta Dental Of Tennessee

Nashville, TN

PURPOSE: EVENT SPONSORSHIP

$13,000
Humanities Tennessee

Nashville, TN

PURPOSE: HUMANITIES PROJECT

$11,936
Staley Charitable Foundation

Plainfield, IN

PURPOSE: CHARITY

$2,940
The Kemmons Wilson Family Foundation

Memphis, TN

PURPOSE: GENERAL - OPERATING

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$965,762
Earnings$229,773
Other Expense$8,976
Ending Balance$1,186,559

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