Overview
What is Discovery Museum Inc?
Discovery Museum Inc, situated in Acton, Massachusetts, is a nonprofit organization that fosters a love for learning in children, families, and educators by offering engaging, innovative experiences in the realms of science, nature, humanities, and arts. Their mission is to ignite curiosity and creativity, encouraging joint exploration of the joys of these disciplines and play. The museum provides educational programs and interactive exhibits, making abstract concepts tangible to cater to the learning needs of all age groups. With a dedicated team of 93 individuals, Discovery Museum Inc aims to inspire lifelong learners who appreciate the wonders of the world around them.
Official website here: www.discoveryacton.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Discovery Museum Inc has achieved a remarkable four-star rating from Charity Navigator, reflecting its exemplary performance in accountability and finance. The organization scored 100% in this category, indicating strong financial management practices and transparency. The high score is bolstered by an entirely independent board and a robust system for audit and oversight, ensuring that the charity operates with integrity and accountability.
The nonprofit demonstrates an impressive commitment to financial health, as evidenced by a low liabilities to assets ratio and a significant program expense ratio of over 77%. This suggests that a substantial portion of its resources is directed towards its mission-related activities rather than administrative costs. Additionally, the fundraising efficiency ratio indicates effective fundraising strategies, allowing the organization to maximize its impact.
While the overall assessment is overwhelmingly positive, potential supporters may want to consider how the museum's programs are specifically engaging the community and addressing its needs. The financial metrics are strong, but understanding the qualitative impact of its services could provide a more comprehensive view of the organization's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Discovery Museum Inc legitimate?
Discovery Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Discovery Museum Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,810,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.discoveryacton.org
What is the mission statement of Discovery Museum Inc?
The Discovery Museum Inc's mission is centered around stimulating a love for learning in both children and adults. This is achieved by igniting their curiosity and creativity, allowing them to discover the joys of science, nature, and play together. The museum encourages exploration in various fields, including science, nature, humanities, and arts, by engaging visitors in innovative and positive experiences. Their educational programs and hands-on exhibits make complex concepts more relatable, enabling children of all ages to connect their newfound knowledge with real-life situations.
Official website here: www.discoveryacton.org
Who is the CEO of Discovery Museum Inc?
Harry Hollenberg is the Clerk of Discovery Museum Inc. The CEO's salary of Discovery Museum Inc is $216,051 and their total compensation is $216,051.
Official website here: www.discoveryacton.org
What is the revenue of Discovery Museum Inc?
Discovery Museum Inc's revenue in 2022 was $3,493,435.
Official website here: www.discoveryacton.org
Who are the executives of Discovery Museum Inc and what are their salaries?
The average compensation at Discovery Museum Inc during 2022 was $19,473. There are 93 employees and 79 volunteers at Discovery Museum Inc.
Here are 21 key members and their salaries (Discovery Museum Inc's CEO's salary is $216,051 and their total compensation is $216,051):
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Official website here: www.discoveryacton.org
Where can I find the form 990 for Discovery Museum Inc?
Discovery Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.discoveryacton.org
Learn more at the official website: www.discoveryacton.org
Mission Statement of Discovery Museum Inc
Discovery Museum Inc, a nonprofit organization, is dedicated to inspiring a sense of wonder and curiosity in both children and adults. By leveraging the joys of science, nature, and play, the museum aims to ignite creativity in its visitors. Through educational programs and interactive exhibits, Discovery Museum Inc encourages exploration and learning, allowing children of all ages to connect the concepts they discover with real-life experiences. The institution's approach is innovative and engaging, fostering positive experiences that spark the imagination and broaden horizons.
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Impact
July, 2024
Discovery Museum Inc sparks delight in learning by igniting curiosity and creativity in children and adults as they discover together the joys of science, nature, and play. The museum encourages exploration of science, nature, humanities, and the arts by engaging visitors in positive, innovative experiences. Through educational programs and hands-on exhibits, concepts become tangible, allowing children of all ages to connect their new understanding with real life. Discovery Museum Inc in Acton, MA, serves as a hub of inspiration and learning, fostering a love for discovery and a passion for knowledge in its visitors.
This information is meant to be a general summary of Discovery Museum Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,334
- Program Service Revenue: $1,375,170
- Gross Receipts: $3,536,172
Assets and Liabilities:
- Total Assets: $12,128,266
- Total Liabilities: $2,093,261
- Net Assets: $10,035,005
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$878,875
EDUCATIONAL PROGRAMS
Revenue
$496,295
Organization Details
Founding Year
1981
Phone
(978) 264-4200Principal Officer
Harry Hollenberg
Main Address
177 MAIN STREET, ACTON, MA, 01720
Website
www.discoveryacton.orgNTEE Category
Code: A520 - Arts
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