Overview
What is Cosmosphere Inc?
Cosmosphere Inc, located in Hutchinson, Kansas, is a distinguished nonprofit organization committed to fostering public interest in space exploration. They achieve this goal by operating a public museum and planetarium, offering a blend of educational and entertaining experiences through various exhibits. The organization, with a team of 129 dedicated individuals, provides information on space exploration in an engaging manner, stimulating curiosity among students and the general public alike. The Cosmosphere Inc serves as a hub for space enthusiasts, offering a gift shop in addition to its educational offerings.
Official website here: www.cosmo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star Rating
Cosmosphere Inc has received a Three-Star rating from Charity Navigator, reflecting its strong accountability and financial health. The organization scored 88% in the Accountability & Finance category, indicating a solid commitment to ethical practices and transparency. This rating is underscored by aspects such as a fully independent board, effective oversight of financial statements, and no material diversion of assets.
The organization demonstrates a high level of governance with 100% independent board members and a comprehensive audit and oversight committee. Additionally, Cosmosphere Inc effectively manages its resources, with a program expense ratio of nearly 76%, which shows that the majority of its funds are directed towards its programs rather than administrative costs.
However, there are a couple of areas where improvements could be made, notably in the absence of a whistleblower policy and document retention and destruction policies. Addressing these gaps could further enhance its accountability and strengthen donor confidence in the organization. Overall, Cosmosphere Inc shows commendable performance in its operations, despite minor weaknesses.
This AI summary has been generated from information found on Charity Navigator.
Is Cosmosphere Inc legitimate?
Cosmosphere Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cosmosphere 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: $157,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,807,476
For more financial information, click here
Official website here: www.cosmo.org
What is the mission statement of Cosmosphere Inc?
Cosmosphere Inc's mission is centered around stimulating public interest in space exploration. They accomplish this by offering informative and engaging exhibits and experiences at their public museum and planetarium. The aim is to educate and entertain, fostering a deeper understanding and appreciation for space exploration among students and the general public. Additionally, Cosmosphere Inc operates a gift shop, providing related merchandise for visitors.
Official website here: www.cosmo.org
Who is the CEO of Cosmosphere Inc?
Jim Remar is the C.E.O. of Cosmosphere Inc.
Official website here: www.cosmo.org
What is the revenue of Cosmosphere Inc?
Cosmosphere Inc's revenue in 2022 was $4,455,590.
Official website here: www.cosmo.org
Who are the executives of Cosmosphere Inc and what are their salaries?
The average compensation at Cosmosphere Inc during 2022 was $15,235. There are 129 employees and 42 volunteers at Cosmosphere Inc.
Here are 17 key members and their salaries:
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- Compensation: $103,886
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- Other: $2,807
- Compensation: $111,601
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- Other: $31,037
Official website here: www.cosmo.org
Where can I find the form 990 for Cosmosphere Inc?
Cosmosphere Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cosmo.org
Learn more at the official website: www.cosmo.org
Mission Statement of Cosmosphere Inc
Cosmosphere Inc, a renowned nonprofit organization, is dedicated to stimulating public interest in the exploration of space. They achieve this objective by offering a wide array of educational and entertaining experiences. Through the operation of a public museum and planetarium, Cosmosphere Inc provides information, exhibits, and interactive activities that engage both students and the general public. The organization's primary mission is to inspire curiosity and foster a deeper understanding of space, igniting the spirit of exploration in individuals of all ages. By blending education and entertainment, Cosmosphere Inc seeks to captivate and educate visitors, nurturing their interest in the cosmos and the wonders of space exploration.
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Impact
July, 2024
Cosmosphere Inc, operating as a public museum and planetarium in Hutchinson, KS, has a significant impact on stimulating public interest in space exploration. By providing educational and entertaining information, exhibits, and experiences, Cosmosphere Inc plays a crucial role in inspiring and educating students and the general public about space. Through its exhibits and gift shop, Cosmosphere Inc contributes to enhancing knowledge and fostering a greater appreciation for space science and technology. This impact is crucial in promoting awareness and enthusiasm for space exploration, making Cosmosphere Inc a valuable asset in the field of education and arts.
This information is meant to be a general summary of Cosmosphere 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: $7,956
- Program Service Revenue: $1,634,007
- Gross Receipts: $4,875,172
Assets and Liabilities:
- Total Assets: $11,373,453
- Total Liabilities: $1,362,662
- Net Assets: $10,010,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS TO PROGRAMS
Revenue
$1,634,007
Organization Details
Founding Year
1965
Phone
(620) 662-2305Principal Officer
Jim Remar
Main Address
1100 N PLUM, HUTCHINSON, KS, 67501
Website
www.cosmo.orgNTEE Category
Code: A500 - Arts
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