Nido & Mariana Qubein Childrens Museum
- Assets
- $26.2m
- Revenue
- $18.7m
- Investments
- $0.0
- Employees
- 5
- Location
- High Point, NC
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 82-4270597
Organization Overview
Nido & Mariana Qubein Childrens Museum is located in High Point, NC. The organization was established in 2019. 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, Nido & Mariana Qubein Childrens Museum employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nido & Mariana Qubein 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 12/2021, Nido & Mariana Qubein Childrens Museum generated $18.7m in total revenue. All expenses for the organization totaled $264.3k during the year ending 12/2021. While expenses have increased by 99.5% per year over the past 4 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE AN OUTLET FOR THE CHILDREN OF THE HIGH POINT, NC AREA TO LEARN, GROW, PLAY AND EXPLORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DEVELOPMENT OF A CHILDREN'S MUSEUM TO ALLOW THE YOUNGEST CITIZENS OF THE GREATER HIGH POINT AREA A PLACE TO LEARN, PLAY, GROW AND EXPLORE. THE ORGANIZATION IS STILL IN THE DEVELOPMENT STATE AND IS NOT YET OPERATIONAL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megan Ward Executive Dir. | Officer | 40 | $75,000 |
James Mcneil Treasurer | OfficerTrustee | 1 | $0 |
Barry Kitley Chairman | OfficerTrustee | 12 | $0 |
Deena Samuel Vice Chair | OfficerTrustee | 1 | $0 |
Marilyn Congdon Nowell Secretary | OfficerTrustee | 1 | $0 |
Allen Young Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Heartland Scenic Exhibit Fabricator | 12/30/21 | $1,907,049 |
Chance Rides Manufacturing Inc Carousel Manufacturer | 12/30/21 | $1,141,004 |
Boss Display Exhibit Fabricator | 12/30/21 | $480,515 |
1220 Exhibits Inc Exhibit Fabricator | 12/30/21 | $899,063 |
Frank L Blum Constr Co Construction | 12/30/21 | $12,609,856 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,654,898 |
| Noncash contributions included in lines 1a–1f | $133,700 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,654,898 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,654,898 |
| 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. | $80,000 |
| Compensation of current officers, directors, key employees. | $80,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,928 |
| Pension plan accruals and contributions | $467 |
| Other employee benefits | $0 |
| Payroll taxes | $10,394 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,248 |
| Fees for services: Accounting | $14,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,175 |
| Advertising and promotion | $41,545 |
| Office expenses | $6,618 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,105 |
| Travel | $4,162 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $52 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,745 |
| All other expenses | $1,519 |
| Total functional expenses | $264,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $567,513 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $651,572 |
| Accounts receivable, net | $269,869 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,386,207 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,291,312 |
| Total assets | $26,166,473 |
| Accounts payable and accrued expenses | $48,377 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $48,377 |
| Net assets without donor restrictions | $26,118,096 |
| Net assets with donor restrictions | $0 |
| 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 | $26,166,473 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nido & Mariana Qubein Childrens Museum has recieved totaling $500,000.
| Awarding Organization | Amount |
|---|---|
High Point University High Point, NC PURPOSE: GENERAL SUPPORT. | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edventure Inc Columbia, SC | $7,334,143 | $5,240,842 |
Childrens Museum Of Memphis Memphis, TN | $13,720,336 | $2,454,911 |
Childrens Museum Of Atlanta Inc Atlanta, GA | $7,234,962 | $4,142,531 |
Creative Discovery Museum Chattanooga, TN | $21,187,184 | $5,712,908 |
Childrens Museum Of The Upstate Inc Greenville, SC | $28,971,671 | $4,131,276 |
Northern Virginia Science Center Foundation Fairfax, VA | $12,837,527 | $5,104,096 |
Childrens Museum Of Richmond Richmond, VA | $8,094,641 | $4,347,352 |
Association Of Childrens Museums Inc Arlington, VA | $3,950,433 | $4,135,274 |
Amazement Square Lynchburg, VA | $7,800,718 | $1,033,755 |
Muse Knoxville Knoxville, TN | $1,015,860 | $1,450,790 |
Childrens Museum Corporation Of Rutherford County Murfreesboro, TN | $5,763,596 | $2,253,346 |
Childrens Museum Of The Lowcountry Charleston, SC | $4,118,375 | $1,339,647 |