Overview
What is Science Museum Of Minnesota?
The Science Museum of Minnesota, located in St. Paul, Minnesota, is a renowned cultural institution with a rich history dating back to 1907. With a mission to inspire learning, inform policy, and improve lives, the museum offers 370,000 square feet of interactive and dynamic space, including world-class permanent exhibitions, a large temporary exhibit gallery, and an impressive IMAX digital laser dome theater. The museum serves as a producer of interactive exhibits for museums globally and has recovered from pandemic-related closures, hosting onsite programs and events for hundreds of thousands of visitors in 2022. Their focus extends to amplifying underrepresented voices in STEM. The museum's team of 441 employees are dedicated to using science to better lives, making it one of the state's oldest and well-known institutions.
Official website here: www.smm.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100% (Four-Star out of Four Star rating)
The Science Museum of Minnesota has achieved an outstanding rating of 100%, reflecting exceptional performance in accountability and finance. This score is derived solely from a comprehensive evaluation of its financial practices, which are robust and transparent. The organization boasts a fully independent board, and all members are actively engaged in governance, ensuring strong oversight and ethical management.
Financially, the museum demonstrates impressive efficiency, with a program expense ratio of 80.70%, indicating that a significant majority of its funding is directed toward its mission-driven programs. Additionally, its fundraising efficiency is commendable, with only 13 cents spent to raise each dollar, showcasing effective resource allocation. The organization maintains a healthy balance sheet with a low liability-to-asset ratio of 12.98% and a working capital ratio that indicates nearly three years of financial stability.
While the museum excels in numerous aspects, the data does not highlight any significant limitations or concerns regarding its operations or financial health. Overall, the Science Museum of Minnesota stands out as a well-managed nonprofit, dedicated to its mission and ensuring responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Science Museum Of Minnesota legitimate?
Science Museum Of Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Science Museum Of 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: $592,873
Professional Fundraising Fees: $0
Other Salaries and Wages: $14,935,243
For more financial information, click here
Official website here: www.smm.org
What is the mission statement of Science Museum Of Minnesota?
The Science Museum of Minnesota is dedicated to inspiring learning, informing policy, and improving lives through the power of science. With a rich history dating back to 1907, this institution serves hundreds of thousands of people each year with high-quality STEM learning experiences and renowned science and research programs. Its mission statement, "Turn on the Science," reflects a commitment to making a positive impact on individuals and communities. The museum offers interactive and dynamic exhibitions, temporary galleries, and produces interactive exhibits for museums worldwide. In 2022, the museum continued its recovery from pandemic-related closures, engaging hundreds of thousands of visitors through programming on climate change, dinosaurs, space, engineering, and more, with a focus on amplifying underrepresented voices in STEM. The museum also invests in digital platforms to share resources and tools with audiences around the world.
Official website here: www.smm.org
Who is the CEO of Science Museum Of Minnesota?
Alison Brown is the President And Ceo of Science Museum Of Minnesota. The CEO's salary of Science Museum Of Minnesota is $448,531 and their total compensation is $471,884.
Official website here: www.smm.org
What is the revenue of Science Museum Of Minnesota?
Science Museum Of Minnesota's revenue in 2022 was $29,030,554.
Official website here: www.smm.org
Who are the executives of Science Museum Of Minnesota and what are their salaries?
The average compensation at Science Museum Of Minnesota during 2022 was $35,211. There are 441 employees and 243 volunteers at Science Museum Of Minnesota.
Here are 43 key members and their salaries (Science Museum Of Minnesota's CEO's salary is $448,531 and their total compensation is $471,884):
- Compensation: $448,531
- Related: $0
- Other: $23,353
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $252,296
- Related: $0
- Other: $8,957
- Compensation: $254,862
- Related: $0
- Other: $7,577
- Compensation: $222,706
- Related: $0
- Other: $29,214
- Compensation: $231,565
- Related: $0
- Other: $8,956
- Compensation: $228,311
- Related: $0
- Other: $8,055
- Compensation: $131,734
- Related: $0
- Other: $24,196
Official website here: www.smm.org
Where can I find the form 990 for Science Museum Of Minnesota?
Science Museum Of Minnesota's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.smm.org
Learn more at the official website: www.smm.org
Mission Statement of Science Museum Of Minnesota
The Science Museum of Minnesota, a renowned cultural institution with a rich history dating back to 1907, envisions a world where everyone can harness the power of science to improve their lives. This esteemed organization is dedicated to inspiring learning, informing policy, and making a difference. With a mission statement that reads, "Turn on the Science: Inspire Learning. Inform Policy. Improve Lives," the Science Museum of Minnesota sets out to create innovative and interactive learning experiences that engage and inspire visitors of all ages.
The museum's extensive offerings include permanent exhibitions that span the globe and cover a wide range of scientific disciplines. Among these exhibits, visitors can explore the wonders of space, delve into the mysteries of dinosaurs, and engage with cutting-edge technology. The Science Museum of Minnesota also boasts a temporary exhibit gallery, one of only a few IMAX digital laser domed theaters in the world, and a vast collection of fossils, artifacts, and cultural objects that span billions of years of Earth's history.
In addition to its on-site offerings, the Science Museum of Minnesota produces interactive exhibits for museums around the world, reaching hundreds of thousands of visitors each year. The organization also invests heavily in its digital platforms, sharing resources, tools, and educational content with audiences far and wide through its website, social media channels, and email newsletters. Despite the challenges presented by pandemic-related closures, the Science Museum of Minnesota continued to thrive in 2022, reopening its doors to hundreds of thousands of visitors and producing groundbreaking research and educational programs. Through its inspiring mission and innovative approach, the Science Museum of Minnesota remains a beacon of scientific discovery and a vital resource for communities around the globe.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Science Museum of Minnesota plays a pivotal role in enhancing the community's understanding and appreciation of science. As one of the state's oldest cultural institutions, it attracts hundreds of thousands of visitors annually, providing high-quality STEM learning experiences and engaging exhibits that span billions of years of Earth's history.
The museum's expansive 370,000 square feet of dynamic, interactive space includes world-class permanent exhibitions, a temporary exhibit gallery, and a state-of-the-art IMAX digital laser domed theater, all designed to inspire curiosity and foster a love of science. Through programming that addresses critical issues like climate change, dinosaurs, and space exploration, the museum not only educates but also informs public discourse and policymaking.
In recent years, the museum has focused on amplifying underrepresented voices in STEM, ensuring that diverse perspectives are included in the scientific conversation. Its commitment to digital outreach has expanded its impact beyond physical walls, providing resources, at-home activities, and expert interviews to a global audience through social media and its website.
Overall, the Science Museum of Minnesota's mission—to inspire learning, inform policy, and improve lives—serves as a catalyst for scientific literacy and community engagement, making it a vital asset for the state and beyond.
This information is meant to be a general summary of Science Museum Of 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: -$231,152
- Program Service Revenue: $11,693,260
- Gross Receipts: $46,266,060
Assets and Liabilities:
- Total Assets: $121,453,180
- Total Liabilities: $15,406,790
- Net Assets: $106,046,390
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FILM/EXHIBIT RENTAL AN
Revenue
$4,828,227
ADMISSIONS AND FEES
Revenue
$4,524,800
MEMBERSHIPS
Revenue
$1,556,489
PARKING RAMP
Revenue
$783,744
Organization Details
Founding Year
1907
Phone
(651) 221-9418Principal Officer
Alison Brown
Main Address
120 W KELLOGG BLVD, ST PAUL, MN, 55102
Website
www.smm.orgNTEE Category
Code: A560 - Arts
If you are a representative of Science Museum Of Minnesota and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.