Mississippi Childrens Museum is located in Jackson, MS. The organization was established in 2004. 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 05/2020, Mississippi Childrens Museum employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 05/2020, Mississippi Childrens Museum generated $4.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $4.6m during the year ending 05/2020. While expenses have increased by 7.1% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE CREATE UNPARALLELED EXPERIENCES TO INSPIRE EXCELLENCE AND A LIFELONG JOY OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSISSIPPI CHILDREN'S MUSEUM (MCM) SEEKS TO EMPOWER AND INSPIRE OUR STATE'S CHILDREN, REGARDLESS OF THEIR SOCIAL, EDUCATIONAL OR ECONOMIC BACKGROUND. THE MISSION OF MCM IS TO CREATE UNPARALLELED EXPERIENCES TO INSPIRE EXCELLENCE AND A LIFELONG JOY OF LEARNING. THE 40,000 SQUARE FOOT MUSEUM IS DESIGNED AROUND FIVE PRIMARY INITIATIVES, WITH CORRELATING EXHIBITS, PROGRAMS AND OUTREACH EFFORTS. THESE INITIATIVES INCLUDE: LITERACY, SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM); HEALTH AND NUTRITION; CULTURAL ARTS AND MISSISSIPPI HERITAGE - THE KEYS TO HELPING CHILDREN MATURE INTO HEALTHY AND PRODUCTIVE ADULT LEARNERS. A PRIORITY IN ALL OF OUR PROGRAMS AND EXHIBITS IS EXPOSING CHILDREN TO MISSISSIPPI'S UNIQUENESS AND DEMONSTRATING THE VITAL ROLE IT PLAYS IN THE WORLD TODAY. OUR EXHIBITS INCLUDE WILD ABOUT READING, HEALTHY FUN, WORLD AT WORK, EXPRESS YOURSELF, AND EXPLORING MISSISSIPPI (A ONE-OF-A-KIND TWO STORY CLIMBING MAP). MCM OFFERS WEEKLY PROGRAMS DESIGNED TO ENHANCE EXHIBIT OFFERINGS AND PROVIDE A MULTI-FACETED ENRICHMENT AND EDUCATIONAL EXPERIENCE FOR VISITING CHILDREN. THESE PROGRAMS ARE MULTI-DISCIPLINARY AND SEEK TO ENGAGE THE MUSEUM'S FIVE INITIATIVES THROUGH INQUIRY-BASED LEARNING OPPORTUNITIES; THE DEVELOPMENT OF CRITICAL LEARNING AND EARLY GROWTH SKILLS; FOSTERING A LOVE OF READING; PROMOTING HEALTHY EATING HABITS AND GOOD NUTRITION; AND THE INCORPORATION OF PERFORMING AND FINE ARTS. EACH SATURDAY, MCM CONDUCTS A PROGRAM THAT REFLECTS THE THEMES OF ONE OF OUR FIVE INITIATIVES - EACH WEEK FEATURES A SMALLER PROGRAM, EXPERIMENT, VISITING ARTIST, OR PERFORMANCE THAT ADHERES TO ONE OF THESE THEMES. MCM HOSTS 1-2 LARGE, MULTI-DISCIPLINARY PROGRAMS PER MONTH THAT PROMOTE CALENDAR YEAR EVENTS AND CULTURAL FESTIVALS THAT ARE IMPORTANT TO OUR COMMUNITY. MCM HAS PARTNERED WITH NEARLY 50 ORGANIZATIONS, SCHOOLS AND COMMUNITY GROUPS TO PROVIDE SPECIAL PROGRAMS, EVENTS, AND RESOURCES TO UNDER-SERVED AND AT-RISK YOUTH AND FAMILIES THROUGHOUT MISSISSIPPI, DESIGNED TO ENHANCE THE WELL-BEING OF THE WHOLE CHILD. IN 2016, MCM FORMED MISSISSIPPI CHILDREN'S MUSEUM-MERIDIAN, LLC, A NONPROFIT ORGANIZATION, TO PROVIDE UNIQUE AND EXCITING EDUCATIONAL EXPERIENCES THAT ENRICH THE LIVES OF CHILDREN IN MERIDIAN AND EAST MISSISSIPPI. BOTH MUSEUM EXHIBITS PROVIDE ENGAGING, EXPLORATIVE, HANDS-ON EDUCATIONAL ACTIVITIES FOR CHILDREN OF ALL AGES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Susan Garrard President/ceo | Officer | 40 | $140,000 |
Donna Bruce Treasurer | OfficerTrustee | 5 | $0 |
John Fletcher Chairman | OfficerTrustee | 5 | $0 |
Beth Hansen Vice President | OfficerTrustee | 5 | $0 |
Melanie Morgan Secretary | OfficerTrustee | 2 | $0 |
Margaret Cupples Board Member | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $237,300 |
Fundraising events | $146,000 |
Related organizations | $0 |
Government grants | $299,050 |
All other contributions, gifts, grants, and similar amounts not included above | $2,591,712 |
Noncash contributions included in lines 1a–1f | $110,035 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,274,062 |
Total Program Service Revenue | $1,046,857 |
Investment income | $96,401 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $60,333 |
Net Income from Fundraising Events | $67,965 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $83,362 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,628,980 |
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. | $144,200 |
Compensation of current officers, directors, key employees. | $21,630 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,244,605 |
Pension plan accruals and contributions | $29,023 |
Other employee benefits | $107,703 |
Payroll taxes | $101,660 |
Fees for services: Management | $0 |
Fees for services: Legal | $88,500 |
Fees for services: Accounting | $20,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $109,483 |
Advertising and promotion | $99,789 |
Office expenses | $80,194 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $325,984 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $192,529 |
Payments to affiliates | $827,232 |
Depreciation, depletion, and amortization | $997,706 |
Insurance | $58,172 |
All other expenses | $14,213 |
Total functional expenses | $4,648,332 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $805,774 |
Savings and temporary cash investments | $853,436 |
Pledges and grants receivable | $8,253,237 |
Accounts receivable, net | $49,282 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $12,049,700 |
Inventories for sale or use | $22,482 |
Prepaid expenses and deferred charges | $158,646 |
Net Land, buildings, and equipment | $17,297,205 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,290,774 |
Total assets | $40,780,536 |
Accounts payable and accrued expenses | $98,236 |
Grants payable | $0 |
Deferred revenue | $219,954 |
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 | $5,870,499 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $69,603 |
Total liabilities | $6,258,292 |
Net assets without donor restrictions | $17,264,526 |
Net assets with donor restrictions | $17,257,718 |
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 | $40,780,536 |
Over the last fiscal year, we have identified 2 grants that Mississippi Childrens Museum has recieved totaling $22,000.
Awarding Organization | Amount |
---|---|
C Spire Wireless Foundation Ridgeland, MS PURPOSE: MISSISSIPPI SCIENCE FEST 2020 | $20,000 |
Organization Name not Listed PURPOSE: BENEVOLENT | | $2,000 |
Beg. Balance | $407,446 |
Earnings | $9,226 |
Ending Balance | $416,672 |
Organization Name | Assets | Revenue |
---|---|---|
Mcwane Science Center Birmingham, AL | $12,247,398 | $7,118,798 |
Mississippi Childrens Museum Jackson, MS | $40,780,536 | $4,628,980 |
Howard County Childrens Center Inc Nashville, AR | $5,591,012 | $3,876,826 |
Creative Discovery Museum Chattanooga, TN | $15,889,084 | $7,436,994 |
Louisiana Childrens Museum New Orleans, LA | $48,816,296 | $2,258,036 |
Childrens Museum Of Memphis Memphis, TN | $13,720,336 | $2,454,911 |
Childrens Museum Corporation Of Rutherford County Murfreesboro, TN | $4,526,166 | $1,453,584 |
Muse Knoxville Knoxville, TN | $754,565 | $1,221,513 |
Lynn Meadows Discovery Center Gulfport, MS | $5,396,954 | $1,045,560 |
Bayou Country Childrens Museum Thibodaux, LA | $3,088,139 | $626,518 |
Hands On Discovery Center Gray, TN | $1,993,503 | $589,705 |
Chom Incorporated Of Tuscaloosa County Tuscaloosa, AL | $1,661,279 | $570,684 |