Overview
What is Kidsplay Childrens Museum Inc?
Kidsplay Children's Museum Inc is a nonprofit organization located at 61 Main St, Torrington, CT 06790. The museum provides a stimulating and safe environment for children aged 1 to 10 to learn and grow through interactive, hands-on exhibits. The museum's mission is to foster creativity, spark curiosity, and develop essential life skills. With over 11,000 square feet of space, it offers engaging activities that inspire children and caregivers to discover, imagine, and create. Throughout 2021, the museum operated at a reduced capacity, implementing strategies to maintain public health standards and mission impact. The team comprises 23 dedicated individuals committed to providing a content-rich learning environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Kidsplay Children's Museum Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance, with a score of 83%. The organization has achieved a perfect score in both leadership and adaptability, as well as culture and community, showcasing its robust governance and engagement practices. The presence of a fully independent board of directors and a well-defined conflict of interest policy indicates its dedication to ethical standards.
Financially, the museum appears to be in good health, as evidenced by a low liabilities to assets ratio of 28.88% and a program expense ratio of 75.73%. This suggests that the majority of its funds are directed towards its programs rather than administrative costs. Additionally, the organization has implemented necessary policies for oversight and document retention, further solidifying its financial credibility.
While the ratings are impressive, it is important to note that the leadership and adaptability score only highlights the organization's responsiveness in certain areas. Stakeholders may want to continue monitoring its long-term strategies and community impact to ensure sustained effectiveness. Overall, Kidsplay Children's Museum Inc demonstrates a strong foundation of financial health and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Kidsplay Childrens Museum Inc legitimate?
Kidsplay Childrens Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kidsplay Childrens 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $354,430
For more financial information, click here
What is the mission statement of Kidsplay Childrens Museum Inc?
The Kidsplay Children's Museum Inc's mission is to establish a rich learning environment that stimulates creativity, piques children's curiosity, and aids in the development of essential life skills. This is achieved through the use of interactive exhibits and programs (refer to schedule O for the detailed mission statement). Within its galleries, the Museum offers experiences that prepare children for intellectual, social, and emotional growth. The Museum encourages discovery, imagination, and creativity through hands-on exhibits, serving as a safe, stimulating space for children and their caregivers to practice skills and explore through developmental play. In 2021, the Museum operated at a reduced capacity, employing various strategies to meet public health requirements while maintaining its mission impact goals.
Who is the CEO of Kidsplay Childrens Museum Inc?
Brian Mccormick is the Museum Director of Kidsplay Childrens Museum Inc.
What is the revenue of Kidsplay Childrens Museum Inc?
Kidsplay Childrens Museum Inc's revenue in 2022 was $1,153,215.
Who are the executives of Kidsplay Childrens Museum Inc and what are their salaries?
The average compensation at Kidsplay Childrens Museum Inc during 2022 was $20,627. There are 23 employees and 50 volunteers at Kidsplay Childrens Museum Inc.
Here are 15 key members and their salaries:
- Compensation: $120,000
- 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
Where can I find the form 990 for Kidsplay Childrens Museum Inc?
Kidsplay Childrens Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kidsplay Childrens Museum Inc
Kidsplay Children's Museum Inc is committed to providing a rich learning environment that encourages creativity, piques curiosity, and nurtures the development of essential life skills in children aged between 1 and 10. This is accomplished through the use of interactive exhibits designed to engage children and their caregivers in meaningful and accessible ways. By presenting learning concepts in a playful context, Kidsplay encourages young minds to explore, imagine, and create, thereby preparing them for intellectual, social, and emotional growth. The museum offers a safe, stimulating, and creative space where children can practice skills, foster their curiosity, and explore the world around them through developmental play. Throughout 2021, Kidsplay operated at a reduced capacity, employing various strategies to balance public health considerations and maintain its mission impact.
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
July, 2024
KidsPlay Childrens Museum Inc provides a content-rich learning environment that fosters creativity, sparks curiosity, and builds life skills through interactive exhibits and programs. The museum's hands-on exhibits are designed to engage children ages 1-10 in creative learning through purposeful play, preparing them to thrive intellectually, socially, and emotionally. In 2021, despite operating at a reduced capacity, KidsPlay continued to provide a safe, stimulating environment for children and caregivers to discover, imagine, and create. By offering opportunities for developmental play, the museum helps children practice skills, build curiosity, and explore, ultimately making a positive impact on their overall growth and development.
This information is meant to be a general summary of Kidsplay Childrens 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: $2,893
- Program Service Revenue: $263,657
- Gross Receipts: $1,157,451
Assets and Liabilities:
- Total Assets: $2,826,204
- Total Liabilities: $816,333
- Net Assets: $2,009,871
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.
Admissions
Revenue
$172,100
Misc. Programs
Revenue
$42,500
Parties
Revenue
$41,265
Rental income
Revenue
$7,792
Organization Details
Founding Year
2012
Phone
(860) 618-7700Principal Officer
Brian Mccormick
Main Address
61 Main St, Torrington, CT, 06790
NTEE Category
Code: A52 - Arts
If you are a representative of Kidsplay Childrens Museum Inc 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.