Perot Museum Of Nature And Science

Organization Overview

Perot Museum Of Nature And Science is located in Dallas, TX. The organization was established in 1968. According to its NTEE Classification (A56) the organization is classified as: Natural History & Natural Science Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2021, Perot Museum Of Nature And Science employed 315 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Perot Museum Of Nature And Science 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 09/2020, Perot Museum Of Nature And Science generated $10.4m 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 (9.7%) each year. All expenses for the organization totaled $25.2m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE MINDS THROUGH NATURE AND SCIENCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPENING DECEMBER 1, 2012, THE PEROT MUSEUM IS A RESULT OF A SUCCESSFUL $185 MILLION CAPITAL CAMPAIGN TO UNITE THREE INSTITUTIONS (THE DALLAS MUSEUM OF NATURAL HISTORY, THE SCIENCE PLACE AND THE DALLAS CHILDREN'S MUSEUM) INTO ONE INTERACTIVE BUILDING. WITH THE MISSION TO "INSPIRE MINDS THROUGH NATURE AND SCIENCE," THE MUSEUM PROVIDES A WIDE VARIETY OF ACTIVITIES INCLUDING IN-DEPTH PERMANENT EXHIBITS, TRAVELING EXHIBITS, INTERACTIVE DISCOVERY STATIONS, ONSITE SCHOOL PROGRAMS, SCHOOL OUTREACH PROGRAMS, DISCOVERY CAMPS, FILMS AND WEEKEND ACTIVITIES FOR ADULTS, CHILDREN, AND FAMILIES. DURING FISCAL YEAR 2021, THE MUSEUM SERVED 413,567 VISITORS THROUGH ON-SITE VISITS, INCLUDING 137,990 SCHOOL-AGED CHILDREN.


THE MUSEUM IS DEDICATED TO INSPIRING CHILDREN TO PURSUE STEM CAREERS BY PROVIDING ENGAGING EDUCATIONAL TOOLS. THE MUSEUM PROVIDES HANDS-ON, LEARNING PROGRAMS FOR SCHOOL CHILDREN THAT SUPPORT THE TEXAS ESSENTIAL KNOWLEDGE AND SKILLS (TEKS) STANDARDS. TO ENSURE ACCESSIBILITY TO PEROT MUSEUM PROGRAMS, PARTICULARLY SCHOOLS SERVING STUDENTS ON FREE OR REDUCED LUNCH, THE MUSEUM PROVIDES FINANCIAL AID WITH FUNDS CONTRIBUTED BY INDIVIDUALS, CORPORATIONS AND FOUNDATIONS FOR THIS PURPOSE. AS COVID-19 PAUSED MANY EDUCATIONAL EFFORTS, THE MUSEUM EXPANDED ITS OFFERINGS TO INCLUDE VIRTUAL TRAINING AND PROGRAMMING SERVING 64,463 PARTICIPANTS IN FISCAL YEAR 2021. IN ADDITION, THE MUSEUM'S IN-PERSON EDUCATIONAL PROGRAMS SERVED 40,520 PARTICPANTS IN FISCAL YEAR 2021 THROUGH ONSITE AND OFFSITE ACITIVIES.


THE PEROT MUSEUM OPENED A NEW COLLECTIONS FACILITY IN MARCH 2020, ALLOWING THE MUSEUM'S COLLECTIONS TO BE CONSOLIDATED INTO ONE, STATE-OF-THE-ART FACILITY. THIS FACILITY PROVIDES AMPLE LAB AND WORKSPACES TO SUPPORT CONTINUED RESEARCH OF THE COLLECTIONS. IN ADDITION, PEROT MUSEUM PARTNERED WITH LOCAL AND REGIONAL ORGANIZATIONS SUCH AS THE UPPER TRINITY REGIONAL WATER DISTRICT TO PROVIDE TRAINING AND CONSULTING FOR FOSSIL PRESERVATION.


THE HOGLUND FOUNDATION THEATER, A NATIONAL GEOGRAPHIC EXPERIENCE, IS A 3D THEATER WHICH PROVIDES VISITORS WITH AN ENGAGING EDUCATIONAL EXPERIENCE. IN RESPONSE TO THE COVID-19 PANDEMIC, THE THEATER CLOSED TEMPORARILY IN MARCH 2020 DID NOT OPEN IN FISCAL YEAR 2021.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Balfour Beatty Construction
Gallery Construction
$1,579,153
Entech Sales And Services Inc
Hvac/plumbing/electrical Maintenance Ser
$305,994
Guideit
Information Technology
$478,736
Allied Universal Security Services
Security Services
$539,462
Redleescs Inc
Janitorial Services
$493,490
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$5,183,589
Investment income $331,018
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $367,123
Net Gain/Loss on Asset Sales -$254,122
Net Income from Fundraising Events -$189,255
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,408,594

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Perot Museum Of Nature And Science has recieved totaling $52,500.

Awarding OrganizationAmount
Mudge Foundation 4942-0

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$25,000
Turningpoint Foundation

Dallas, TX

PURPOSE: TOWARDS THE TECH TRUCK-STEM

$25,000
Swalwell-Connor Family Foundation Inc

Dallas, TX

PURPOSE: SUPPORT THE WORK OR A LOCAL MUSEUM

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$25,126,770
Earnings$6,135,127
Other Expense$816,096
Ending Balance$30,445,801

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