Austin Childrens Museum
- Assets
- $4.0m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 103
- Location
- Austin, TX
- Founding
- 12/1983
- Data as of
- 09/2021
- EIN
- 74-2288789
Organization Overview
Austin Childrens Museum is located in Austin, TX. The organization was established in 1983. 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 09/2021, Austin Childrens Museum employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Childrens Museum 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 09/2021, Austin Childrens Museum generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $3.6m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. 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
ACM CREATES INNOVATIVE LEARNING EXPERIENCES FOR CHILDREN AND FAMILIES THAT EQUIP THE NEXT GENERATION OF CREATIVE PROBLEM SOLVERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE INNOVATIVE PARTICIPATORY MUSEUM EXHIBITS WHICH ENCOURAGECURIOSITY, CREATIVITY, APPRECIATION OF THE WORLD AROUND, ANDLEARNING FOR ALL CHILDREN, THEIR FAMILIES, AND THOSE WHO WORK WITHTHE CHILDREN.
PROVIDE EDUCATIONAL PROGRAMS TO CHILDREN, PARENTS, AND EDUCATORS,OUTREACH PROGRAMS TO DISADVANTAGED YOUTH, SUMMER CAMP PROGRAMS,AND VOLUNTEER PROGRAMS. MEMBERSHIP DUES PROVIDE ONGOING PROGRAMSUPPORT.
OPERATE THE MUSEUM STORE TO ENCOURAGE CHILDREN TO EXPLORE ANDLEARN ON THEIR OWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Bell CEO | 40 | $201,046 | |
Ryan Parks Treasurer | OfficerTrustee | 1 | $0 |
Lisa Zapalac Past President | OfficerTrustee | 1 | $0 |
Lisa Henken Ramirez Secretary | OfficerTrustee | 1 | $0 |
John Antonelli President-Elect | OfficerTrustee | 1 | $0 |
Daniel Cooley President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $122,094 |
| All other contributions, gifts, grants, and similar amounts not included above | $629,129 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $751,223 |
| Total Program Service Revenue | $1,384,404 |
| Investment income | $74,712 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,630 |
| Net Gain/Loss on Asset Sales | $389,125 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $82,458 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,420,353 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,218,094 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $233,762 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,150 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $445,208 |
| Advertising and promotion | $3,911 |
| Office expenses | $125,672 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $257,774 |
| Travel | $3,868 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,803 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,853 |
| Insurance | $52,255 |
| All other expenses | $0 |
| Total functional expenses | $3,603,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,912,448 |
| Pledges and grants receivable | $247,551 |
| 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 | $18,820 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $107,510 |
| Investments—publicly traded securities | $687,457 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,973,786 |
| Accounts payable and accrued expenses | $160,743 |
| Grants payable | $0 |
| Deferred revenue | $160,159 |
| 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 | $805,222 |
| Other liabilities | $0 |
| Total liabilities | $1,126,124 |
| Net assets without donor restrictions | $809,158 |
| Net assets with donor restrictions | $2,038,504 |
| 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 | $3,973,786 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Austin Childrens Museum has recieved totaling $575,740.
| Awarding Organization | Amount |
|---|---|
Austin Community Foundation Austin, TX PURPOSE: BGCAA & THINKERY C.R.E.A.T.E. COLLABORATION TO REALIZE EQUITY AND TEACH ENGINEERING | $437,000 |
Texas Mutual Insurance Company Austin, TX PURPOSE: Generational Learning | $30,000 |
Harry E And Eda L Montandon Charitable Tr Austin, TX PURPOSE: SUPPORT LITTLE THINKERS PRESCHOOL. | $25,000 |
Association Of Science-Technology Centers Incorporated Washington, DC PURPOSE: COMMUNITIES FOR IMMUNITY VACCINE CONFIDENCE PROGRAM GRANT AWARD | $24,168 |
Bbb Serving The Heart Of Texas Austin, TX PURPOSE: COVID-19 EMERGENCY RELIEF | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $10,075 |
Endowment Analysis
| Beg. Balance | $2,177,527 |
| Earnings | $463,837 |
| Admin Expense | $3,557 |
| Other Expense | $92,069 |
| Ending Balance | $2,545,738 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Antonio Childrens Museum San Antonio, TX | $50,471,816 | $7,193,393 |
Childrens Museum Inc Houston, TX | $41,895,143 | $8,015,634 |
Howard County Childrens Center Inc Nashville, AR | $6,009,144 | $5,154,134 |
Explora Science Center & Childrens Museum Of Albuquerque Albuquerque, NM | $9,408,039 | $6,717,766 |
Austin Childrens Museum Austin, TX | $3,973,786 | $3,420,353 |
Louisiana Childrens Museum New Orleans, LA | $51,750,591 | $13,869,102 |
Jasmine Moran Childrens Museum Foundation Inc Seminole, OK | $18,731,032 | $2,824,310 |
Enid Arts And Sciences Foundation Enid, OK | $3,878,571 | $824,375 |
Santa Fe Childrens Museum Inc Santa Fe, NM | $1,785,102 | $1,516,731 |
The Woodlands Childrens Museum The Woodlands, TX | $375,728 | $1,048,376 |
Bayou Country Childrens Museum Thibodaux, LA | $3,094,009 | $1,071,915 |
Epc Museum El Paso, TX | $45,971,408 | $16,291,718 |