Overview
What is Grand Rapids Children's Museum?
The Grand Rapids Children's Museum is a vibrant nonprofit organization situated at 11 SHELDON AVENUE NE, GRAND RAPIDS, MI 49503. Their primary mission is to create an engaging, hands-on learning environment that fosters children's curiosity and desire to explore and understand the world around them. With a dedicated team of 28 employees, the museum provides a setting that celebrates childhood, inspires learning, and encourages self-directed exploration for young visitors. By offering an interactive space, the Grand Rapids Children's Museum ensures that children have the opportunity to develop essential skills and a lifelong love for learning.
Official website here: www.grcm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Grand Rapids Children's Museum has achieved a high rating of 95% from Charity Navigator, reflecting its strong performance in accountability and finance. The organization has maintained a perfect score on various metrics, including having an entirely independent board and a commendable program expense ratio of over 71%. These factors indicate effective governance and a commitment to maximizing resources for its programs.
The museum's audit and oversight practices are robust, with no material diversions of assets noted. Additionally, it has a clear conflict of interest policy and transparency in its financial reporting, as evidenced by the distribution of tax forms to board members before filing. However, the absence of a whistleblower policy is a noted limitation that could be addressed to further enhance its operational integrity.
Overall, the Grand Rapids Children's Museum exhibits strong financial health and governance practices, making it a reliable nonprofit in its sector. The organization’s focus on maintaining transparency and accountability contributes positively to its reputation and efficiency in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Rapids Children's Museum legitimate?
Grand Rapids Children's Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Rapids Children's Museum 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: $232,969
Professional Fundraising Fees: $0
Other Salaries and Wages: $534,854
For more financial information, click here
Official website here: www.grcm.org
What is the mission statement of Grand Rapids Children's Museum?
The Grand Rapids Children's Museum's mission is to establish an engaging, interactive environment that honors childhood, stimulates learning, and encourages self-directed exploration for children. By providing this hands-on learning experience, the museum aims to foster in children a natural curiosity to understand and explore the world around them. This informal setting nurtures and cultivates their desire for discovery, promoting personal growth and development.
Official website here: www.grcm.org
Who is the CEO of Grand Rapids Children's Museum?
Maggie Lancaster is the President of Grand Rapids Children's Museum. The CEO's salary of Grand Rapids Children's Museum is $122,003 and their total compensation is $122,800.
Official website here: www.grcm.org
What is the revenue of Grand Rapids Children's Museum?
Grand Rapids Children's Museum's revenue in 2022 was $2,122,912.
Official website here: www.grcm.org
Who are the executives of Grand Rapids Children's Museum and what are their salaries?
The average compensation at Grand Rapids Children's Museum during 2022 was $27,422. There are 28 employees and 66 volunteers at Grand Rapids Children's Museum.
Here are 21 key members and their salaries (Grand Rapids Children's Museum's CEO's salary is $122,003 and their total compensation is $122,800):
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Official website here: www.grcm.org
Where can I find the form 990 for Grand Rapids Children's Museum?
Grand Rapids Children's Museum's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grcm.org
Learn more at the official website: www.grcm.org
Mission Statement of Grand Rapids Children's Museum
The Grand Rapids Children's Museum, in its mission, strives to create an engaging and interactive environment that celebrates childhood, fostering learning and encouraging self-directed exploration in children. By providing a hands-on learning experience, the museum nurtures the natural curiosity in children, inspiring them to delve deeper into the world around them. This mission is accomplished through a setting that allows children to explore and discover at their own pace, thereby fostering a love for learning and personal growth.
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Impact
July, 2024
The Grand Rapids Children's Museum provides a hands-on environment that celebrates childhood, inspires learning, and encourages self-directed exploration for children. It offers an informal, interactive learning space that nurtures children's natural curiosity and desire to explore and discover the world around them. Located in Grand Rapids, MI, the museum's mission is to create a space where children can engage with various activities that promote creativity, critical thinking, and problem-solving skills. Through its programs and exhibits, the museum aims to spark children's imagination and facilitate their personal growth and development.
This information is meant to be a general summary of Grand Rapids Children's Museum. 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: $8,365
- Program Service Revenue: $791,666
- Gross Receipts: $2,211,172
Assets and Liabilities:
- Total Assets: $2,835,746
- Total Liabilities: $248,442
- Net Assets: $2,587,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIPS
Revenue
$411,066
ADMISSIONS
Revenue
$355,755
FACILITY RENTAL
Revenue
$24,845
Organization Details
Founding Year
1992
Phone
(616) 235-4726Principal Officer
Maggie Lancaster
Main Address
11 SHELDON AVENUE NE, GRAND RAPIDS, MI, 495033218
Website
www.grcm.orgNTEE Category
Code: A520 - Arts
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