Overview
What is The Magic House?
The Magic House, based in St. Louis, Missouri, is a renowned children's museum that opened its doors in 1979. Its primary mission is to offer a stimulating and hands-on learning environment for children aged between 1 and 11 years. Spanning over 55,000 square feet and three acres of outdoor space, the main facility houses a variety of multi-curricular exhibits designed to foster creativity and problem-solving skills. In 2019, The Magic House expanded its reach with the establishment of Made for Kids, a 7,000 square foot makerspace dedicated to STEM education for children aged 4 to 14 years. The Magic House attracted approximately 460,000 and 345,000 visitors in 2022 and 2021, respectively, while Made for Kids attracted around 40,000 and 24,000 visitors during the same periods. The organization employs a dedicated workforce of 264 individuals, committed to engaging children through imaginative, curious, and joyful learning experiences.
Official website here: www.magichouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Magic House has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. With a perfect score in all assessed areas, the organization demonstrates strong governance practices, including a fully independent board and effective oversight mechanisms. This high rating signifies that The Magic House is committed to transparency and responsible financial management.
One of the notable strengths of The Magic House is its financial efficiency, as evidenced by a program expense ratio of 78.56%, indicating that a significant portion of its expenses directly supports its programs. Additionally, the organization boasts a low fundraising efficiency ratio of $0.08, which shows that it raises funds effectively while keeping costs minimal. The healthy liabilities to assets ratio further underscores its financial stability.
While the data highlights many strengths, it is essential to consider that this evaluation is focused solely on financial accountability, with no direct information on the impact or effectiveness of the programs offered. Nonetheless, the thoroughness of its financial practices positions The Magic House as a reputable nonprofit deserving of public support.
This AI summary has been generated from information found on Charity Navigator.
Is The Magic House legitimate?
The Magic House is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Magic House 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: $520,195
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,113,989
For more financial information, click here
Official website here: www.magichouse.org
What is the mission statement of The Magic House?
The Magic House, an educational institution, is committed to engaging children with hands-on learning experiences. These experiences aim to spark imagination, pique curiosity, enhance creativity, and develop problem-solving skills in a captivating environment. The organization provides a unique setting that combines beauty, wonder, joy, and magic, fostering a conducive atmosphere for learning. The primary focus is on offering multi-curricular exhibits catering to children aged 1 to 11 years, within a 55,000 square foot facility and three acres of outdoor space. In 2019, The Magic House expanded its reach with a satellite location, Made for Kids, a maker space with a strong focus on STEM education for children aged 4 to 14 years. The institution attracted an estimated 460,000 and 345,000 visitors in 2022 and 2021, respectively, while Made for Kids welcomed approximately 40,000 and 24,000 visitors in the same years.
Official website here: www.magichouse.org
What is the revenue of The Magic House?
The Magic House's revenue in 2024 was $10,833,458.
Official website here: www.magichouse.org
Who are the executives of The Magic House and what are their salaries?
The average compensation at The Magic House during 2024 was $18,463. There are 251 employees and 210 volunteers at The Magic House.
Here are 45 key members and their salaries:
- Compensation: $289,869
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- Other: $23,851
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- Compensation: $122,639
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- Compensation: $109,077
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Official website here: www.magichouse.org
Where can I find the form 990 for The Magic House?
The Magic House's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.magichouse.org
Learn more at the official website: www.magichouse.org
Mission Statement of The Magic House
The Magic House, a children's museum, is dedicated to engaging children with hands-on learning experiences that spark imagination, pique curiosity, enhance creativity, and develop problem-solving skills within an environment filled with beauty, wonder, joy, and magic. Established in 1979, this educational facility provides a unique space for children aged 1 to 11 years, offering multi-curricular exhibits within a 55,000 square foot facility on three acres of outdoor space. In 2019, The Magic House expanded its offerings with the opening of Made for Kids, a 7,000 square foot makerspace, focusing on STEM education for children aged 4 to 14 years. The Magic House attracts a significant number of attendees, with approximately 460,000 in 2022 and 345,000 in 2021. The satellite location, Made for Kids, also draws a large crowd, with approximately 40,000 in 2022 and 24,000 in 2021. Through its hands-on approach and immersive exhibits, The Magic House encourages children to explore, learn, and develop essential skills in a creative and enjoyable manner.
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Impact
July, 2024
The Magic House has had a significant impact on the children of the Greater St. Louis area by providing hands-on learning experiences that develop creativity and problem-solving skills. The museum's commitment to multi-curricular exhibits for children ages 1 to 11 years within a 55,000 square foot facility on three acres of outdoor space has attracted a substantial number of visitors. With approximately 460,000 attendees in 2022, The Magic House continues to inspire and educate young minds. Additionally, the satellite location, Made for Kids, further extends the reach of STEM education for children ages 4 to 14 years, with around 40,000 attendees in 2022. By engaging children with hands-on learning experiences that spark imagination and enhance creativity, The Magic House is creating a place of beauty, wonder, joy, and magic for the future generations.
This information is meant to be a general summary of The Magic House. 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 2024.
- Investment Income: $499,716
- Program Service Revenue: $4,988,943
- Gross Receipts: $14,121,650
Assets and Liabilities:
- Total Assets: $30,033,443
- Total Liabilities: $4,388,012
- Net Assets: $25,645,431
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION
Revenue
$2,691,580
MEMBERSHIPS
Revenue
$1,289,228
SPECIAL PROGRAMS
Revenue
$573,885
TRAVELING EXHIBITS
Revenue
$434,250
Organization Details
Founding Year
1975
Principal Officer
Elizabeth Fitzgerald
Website
www.magichouse.orgNTEE Category
Code: A520 - Arts
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