Overview
What is Childrens Museum Of Southern Minnesota?
The Children's Museum of Southern Minnesota (CMSM) is a nonprofit organization situated in Mankato, Minnesota. Their primary goal is to stimulate children's curiosity through engaging play experiences in a captivating environment. The museum showcases place-based exhibits and hands-on programming, focusing on STEAM, agriculture, and arts, while also celebrating the region's culture and heritage. CMSM attracts numerous visitors annually, offering interactive exhibits, facilitated programming, and special events that cater to children of all ages. Recognizing the importance of play in every child's life, CMSM has initiatives like Gateway to Play Access that provide free and reduced-cost memberships and admissions, ensuring equitable opportunities for participation. Furthermore, the museum serves as a popular field trip destination for local schools and early learning groups. In 2022, over 27% of its memberships were given to families who met the program's income guidelines. As of 2022, CMSM employed 42 individuals, contributing to the enrichment of the local community through their innovative play-based learning approach.
Official website here: www.cmsouthernmn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star rating)
The Children's Museum of Southern Minnesota has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With a score of 91% in the Accountability & Finance category, the organization showcases well-managed finances, a majority of independent board members, and transparent financial practices.
Strengths highlighted include having a fully independent board and a clean record regarding asset management, underscoring the museum’s integrity in operations. Moreover, the financial ratios demonstrate a solid foundation, with an impressive program expense ratio of 67.86% and excellent fundraising efficiency, indicating that funds are being utilized effectively to support its mission.
However, some limitations were noted, particularly the absence of a whistleblower policy and a document retention policy, which may raise concerns regarding internal governance. Despite these shortcomings, the museum's overall financial management remains robust, making it a reliable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Childrens Museum Of Southern Minnesota legitimate?
Childrens Museum Of Southern Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Childrens Museum Of Southern Minnesota 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: $139,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $526,680
For more financial information, click here
Official website here: www.cmsouthernmn.org
What is the mission statement of Childrens Museum Of Southern Minnesota?
The Children's Museum of Southern Minnesota aims to stimulate the natural curiosity of every child through the power of play in a dynamic and awe-inspiring environment. This mission is carried out by serving as a catalyst for building a stronger, more vibrant community around play, ensuring that all children in the region have an opportunity to learn and play at the museum. The museum features place-based exhibits and hands-on programming, designed to inspire inquiry, spark curiosity, and reveal the wonder of STEAM, agriculture, and the arts. The Children's Museum of Southern Minnesota welcomes nearly 100,000 visitors annually, engaging children of all ages in interactive exhibits, facilitated programming, and special events. The museum is committed to breaking down barriers and providing opportunities for children and families who may not otherwise have the chance to experience the museum, offering free and reduced memberships and admissions.
Official website here: www.cmsouthernmn.org
Who is the CEO of Childrens Museum Of Southern Minnesota?
Ann Hendricks is the Board Chair of Childrens Museum Of Southern Minnesota. The CEO's salary of Childrens Museum Of Southern Minnesota is $131,855 and their total compensation is $131,855.
Official website here: www.cmsouthernmn.org
What is the revenue of Childrens Museum Of Southern Minnesota?
Childrens Museum Of Southern Minnesota's revenue in 2022 was $1,956,520.
Official website here: www.cmsouthernmn.org
Who are the executives of Childrens Museum Of Southern Minnesota and what are their salaries?
The average compensation at Childrens Museum Of Southern Minnesota during 2022 was $15,861. There are 42 employees and 50 volunteers at Childrens Museum Of Southern Minnesota.
Here are 18 key members and their salaries (Childrens Museum Of Southern Minnesota's CEO's salary is $131,855 and their total compensation is $131,855):
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Official website here: www.cmsouthernmn.org
Where can I find the form 990 for Childrens Museum Of Southern Minnesota?
Childrens Museum Of Southern Minnesota's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cmsouthernmn.org
Learn more at the official website: www.cmsouthernmn.org
Mission Statement of Childrens Museum Of Southern Minnesota
The Children's Museum of Southern Minnesota, abbreviated as CMSM, is dedicated to igniting the natural curiosity of every child through the power of play. This mission is carried out in an engaging, awe-inspiring environment designed to stimulate inquiry, spark curiosity, and reveal the wonder of science, technology, engineering, arts, and mathematics (STEM), agriculture, and the arts. By showcasing place-based exhibits and dynamic hands-on programming, CMSM aims to build a stronger, more vibrant community around play, ensuring that all children in the region have the opportunity to participate and share in a future of opportunity and well-being.
CMSM's unique offerings have inspired joyful learning through play for thousands of children and adults annually. The museum welcomes nearly 100,000 visitors each year, engaging children of all ages in its interactive exhibits, facilitated programming, and special events. Recognizing the importance of inclusivity, CMSM has also implemented initiatives like free and reduced memberships and admissions, breaking down barriers and providing opportunities for families who may not otherwise be able to visit the museum. In 2022 alone, over 631 free memberships, or 27% of all memberships, were given to families who met the program's income guidelines.
In addition to serving as a popular field trip destination for area schools and early learning groups, CMSM plays a significant role in nurturing young minds and fostering a love for learning. In 2022, the museum welcomed over 5,800 students, further solidifying its position as a cherished and essential educational resource in the community.
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Impact
October, 2024
The Children's Museum of Southern Minnesota plays a pivotal role in igniting the natural curiosity of children through the transformative power of play. By offering a dynamic and awe-inspiring environment, the museum encourages exploration and inquiry, allowing young minds to engage deeply with STEAM (science, technology, engineering, arts, and mathematics), agriculture, and the cultural heritage of the region.
Every year, nearly 100,000 visitors experience the joy of learning at CMSM, where interactive exhibits and facilitated programming foster a love for both play and education in children of all ages. The museum's commitment to community accessibility ensures that all children can participate, regardless of their background. Through initiatives such as free and reduced memberships, CMSM broke down barriers in 2022 by providing over 631 free memberships to families who met specific income guidelines, representing 27% of total memberships.
Moreover, the museum serves as a valuable resource for local schools, welcoming over 5,884 students through field trip programs in 2022 alone. This engagement not only enriches the educational experience of young learners but also strengthens the sense of community by fostering connections among children, families, and educators. In essence, the Children's Museum of Southern Minnesota stands as a catalyst for curiosity, creativity, and community well-being, ensuring that children have a bright future filled with opportunity and growth.
This information is meant to be a general summary of Childrens Museum Of Southern Minnesota. 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: $861
- Program Service Revenue: $322,212
- Gross Receipts: $1,963,671
Assets and Liabilities:
- Total Assets: $5,008,830
- Total Liabilities: $595,450
- Net Assets: $4,413,380
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$322,212
Organization Details
Founding Year
2006
Phone
(507) 386-0279Principal Officer
Ann Hendricks
Main Address
224 LAMM STREET, MANKATO, MN, 56001
Website
www.cmsouthernmn.orgNTEE Category
Code: A52 - Arts
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