Discovery Childrens Museum
- Assets
- $39.4m
- Revenue
- $4.9m
- Investments
- $5.5m
- Employees
- 127
- Location
- Las Vegas, NV
- Founding
- 12/1984
- Data as of
- 06/2022
- EIN
- 94-2943891
Organization Overview
Discovery Childrens Museum is located in Las Vegas, NV. The organization was established in 1984. 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 06/2022, Discovery Childrens Museum employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Discovery 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 06/2022, Discovery Childrens Museum generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $5.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF DISCOVERY CHILDRENS MUSEUM IS TO FOSTER A WELCOMING, VIBRANT, AND INCLUSIVE ENVIRONMENT WHERE ALL ARE INVITED TO ENGAGE IN PLAYFUL AND EDUCATIONAL EXPERIENCES THAT IGNITE A LIFELONG LOVE OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AND ADVANCE THE EDUCATION AND INTEREST OF SOUTHERN NEVADA RESIDENTS IN THE ARTS AND SCIENCES, AND ANY OTHER CHARITABLE, EDUCATIONAL OR ELEEMOSYNARY ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Kaiser CEO | Officer | 40 | $211,900 |
Stacie Truesdell Michaels Chair | OfficerTrustee | 4 | $0 |
Kevin Holyfield Secretary | OfficerTrustee | 4 | $0 |
Boyd Nelson Vice Chair/t | OfficerTrustee | 4 | $0 |
David Gravatt Trustee | Trustee | 3 | $0 |
Kami Dempsey-Goudie Trustee | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Campbell And Company | 6/29/22 | $101,045 |
Best Janitorial Services Of Nv Janitorial | 6/29/22 | $137,368 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $245,989 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,270,779 |
| Noncash contributions included in lines 1a–1f | $1,632 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,516,768 |
| Total Program Service Revenue | $1,777,020 |
| Investment income | $130,585 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $431,905 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $543,278 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,934,798 |
| 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. | $211,900 |
| Compensation of current officers, directors, key employees. | $41,058 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,295,375 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $224,569 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $432,887 |
| Advertising and promotion | $140,173 |
| Office expenses | $384,533 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $124,903 |
| Travel | $104,486 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $591,072 |
| Insurance | $48,754 |
| All other expenses | $0 |
| Total functional expenses | $5,105,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $673,259 |
| Savings and temporary cash investments | $1,089,640 |
| Pledges and grants receivable | $65,390 |
| Accounts receivable, net | $146,276 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $84,113 |
| Prepaid expenses and deferred charges | $33,663 |
| Net Land, buildings, and equipment | $31,803,388 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,477,888 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $39,373,617 |
| Accounts payable and accrued expenses | $242,599 |
| Grants payable | $0 |
| Deferred revenue | $952,743 |
| 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 | $1,195,342 |
| Net assets without donor restrictions | $9,751,051 |
| Net assets with donor restrictions | $28,427,224 |
| 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 | $39,373,617 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Discovery Childrens Museum has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
The Tito And Sandra Tiberti Foundation Las Vegas, NV PURPOSE: CHARITABLE | $3,000 |
Endowment Analysis
| Beg. Balance | $1,141,876 |
| Earnings | -$166,451 |
| Net Contributions | $35,863 |
| Other Expense | -$25,288 |
| Ending Balance | $986,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bay Area Discovery Museum Sausalito, CA | $26,061,863 | $6,725,383 |
Kidspace A Participatory Museum Pasadena, CA | $15,725,981 | $6,757,271 |
San Jose Childrens Discovery Museum San Jose, CA | $25,329,021 | $4,652,223 |
Discovery Childrens Museum Las Vegas, NV | $39,373,617 | $4,934,798 |
The New Childrens Museum San Diego, CA | $21,920,545 | $4,094,754 |
Childrens Museum Of Santa Barbara Santa Barbara, CA | $24,619,605 | $3,517,669 |
Discovery Gateway Salt Lake City, UT | $3,078,534 | $3,546,576 |
Over The Rainbow Butterfly Garden Inc Flagstaff, AZ | $925,650 | $2,814,063 |
Pretend City The Childrens Museum Of Orange County Irvine, CA | $6,089,544 | $5,307,442 |
Tucson Childrens Museum Inc Tucson, AZ | $1,837,223 | $2,864,364 |
Childrens Museum Of Sonoma County Santa Rosa, CA | $4,201,797 | $955,744 |
San Diego Childrens Discovery Museum Escondido, CA | $2,518,653 | $1,969,414 |