Overview
What is Children's Museum Of Phoenix?
The Children's Museum of Phoenix is a vibrant nonprofit organization dedicated to fostering learning through play. With a primary focus on early childhood education and development, it caters to children from birth to ten years. The museum offers engaging, hands-on exhibits and programs that stimulate physical, emotional, and cognitive growth. In line with its mission, it strives to provide free or reduced admission to approximately 75,000 individuals each year through the Every Child Program, ensuring equitable access to its rich learning environment. During the last fiscal year, the museum welcomed over 366,000 visitors, marking its highest attended year since its opening in 2008. The museum also hosts events such as the Children's Museum Gala and SandFest, raising funds for its programs. In alignment with its commitment to diversity and inclusion, the museum features artists and performers representing various cultures to celebrate their heritage months.
Official website here: www.childrensmuseumofphoenix.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Children's Museum of Phoenix has received a Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance management. This high score is derived entirely from its excellent performance in financial metrics, indicating a well-run organization that effectively manages its resources.
The organization boasts a fully independent board, which is a strong point in its governance structure. It has robust policies in place, including conflict of interest and whistleblower policies, as well as transparent financial practices. Additionally, its low liabilities to assets ratio highlights financial stability and responsible fiscal practices.
While the program expense ratio is commendable, there is a small reduction from the maximum possible score in this area. However, overall, the organization demonstrates a solid commitment to its mission with effective financial management and governance practices in place, ensuring donor trust and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Children's Museum Of Phoenix legitimate?
Children's Museum Of Phoenix is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children's Museum Of Phoenix 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: $207,287
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.childrensmuseumofphoenix.org
What is the mission statement of Children's Museum Of Phoenix?
The Children's Museum of Phoenix aims to stimulate learning through play, engaging the minds, muscles, and imaginations of children and the adults who care for them. With a focus on early childhood education and development, the museum offers hands-on exhibits and programs that promote physical, emotional, and cognitive development. The institution strives to provide free or reduced admission access to approximately 75,000 individuals each year through its Every Child program, ensuring that children from low-income or at-risk families can benefit from its rich learning environment. During the 2022-2023 fiscal year, the museum welcomed a total of 87,782 visitors through this program, contributing significantly to its mission. The museum also organizes events like the Children's Museum Gala and Sandfest, which support its Every Child program. In line with its commitment to inclusivity, diversity, equity, and accessibility (IDEA), the museum features special artists and displays local artists' work to celebrate various cultural heritages.
Official website here: www.childrensmuseumofphoenix.org
Who is the CEO of Children's Museum Of Phoenix?
Katherine Wells is the Chair of Children's Museum Of Phoenix. The CEO's salary of Children's Museum Of Phoenix is $212,162 and their total compensation is $223,364.
Official website here: www.childrensmuseumofphoenix.org
What is the revenue of Children's Museum Of Phoenix?
Children's Museum Of Phoenix's revenue in 2023 was $6,728,243.
Official website here: www.childrensmuseumofphoenix.org
Who are the executives of Children's Museum Of Phoenix and what are their salaries?
The average compensation at Children's Museum Of Phoenix during 2023 was $1,513. There are 137 employees and 787 volunteers at Children's Museum Of Phoenix.
Here are 26 key members and their salaries (Children's Museum Of Phoenix's CEO's salary is $212,162 and their total compensation is $223,364):
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Official website here: www.childrensmuseumofphoenix.org
Where can I find the form 990 for Children's Museum Of Phoenix?
Children's Museum Of Phoenix's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.childrensmuseumofphoenix.org
Learn more at the official website: www.childrensmuseumofphoenix.org
Mission Statement of Children's Museum Of Phoenix
The Children's Museum of Phoenix, a unique educational establishment, is dedicated to engaging the minds, muscles, and imaginations of children and the grown-ups who care about them. This mission extends to early childhood education and development, targeting children from birth to ten years. The museum achieves this goal through an array of hands-on exhibits and programs that stimulate physical, emotional, and cognitive development.
To ensure equal access to its rich learning environment, the Children's Museum of Phoenix strives to provide free or reduced admission to approximately 75,000 people each year through the Every Child program. This initiative allows low-income or at-risk children and families to experience the museum's exhibits and programs, thereby reaching out to a diverse audience. During the 2022-23 fiscal year, the museum welcomed a total of 87,782 visitors through the Every Child program, providing a valuable experience worth $838,423.
In its commitment to ideals of inclusion, diversity, equity, and accessibility, the museum has featured various special artists and local artists to celebrate diverse cultures and heritage months, such as Hispanic Heritage Month, Native American Heritage Month, Black History Month, and Asian American/Pacific Islander Month. The museum's total attendance grew by 46% over the previous year, welcoming over 366,000 visitors during the 2022-23 fiscal year, marking its highest attended year since opening in 2008.
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Impact
July, 2024
The Children's Museum of Phoenix plays a crucial role in fostering the joy of learning through play. It engages minds, muscles, and imaginations of children and the grown-ups who care about them. The museum's focus on early childhood education and development for children from birth to ten years old is evident in its hands-on exhibits and programs that encourage physical, emotional, and cognitive growth.
One significant impact of the Children's Museum of Phoenix is its commitment to providing free or reduced admission access to approximately 75,000 people each year through the Every Child program. This initiative ensures that low-income or at-risk children and families can benefit from the museum's enriching learning environment and diverse programs.
The museum's dedication to inclusion, diversity, equity, and accessibility (IDEA) is evident in its celebration of diverse cultures through special artists and exhibitions. By featuring various cultural performances and showcasing the artwork of local artists representing Hispanic, Native American, Black, and Asian American/Pacific Islander heritage, the museum promotes cultural appreciation and understanding among its visitors.
Moreover, the Children's Museum of Phoenix has experienced substantial growth in attendance, welcoming over 366,000 visitors during the fiscal year 2022-2023, marking its highest attended year since opening in 2008. This increased visitation indicates the museum's positive impact on the community and its effectiveness in engaging a wide audience in fun and educational experiences.
In summary, the Children's Museum of Phoenix's impact is significant in promoting early childhood education, providing access to learning opportunities for underserved communities, celebrating diversity through art and performances, and attracting a large number of visitors to engage in interactive and educational activities.
This information is meant to be a general summary of Children's Museum Of Phoenix. 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 2023.
- Investment Income: $197,574
- Program Service Revenue: $3,228,606
- Gross Receipts: $7,409,399
Assets and Liabilities:
- Total Assets: $11,280,484
- Total Liabilities: $826,794
- Net Assets: $10,453,690
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$2,978,548
OTHER EARNED INCOME
Revenue
$250,058
Organization Details
Founding Year
1998
Phone
(602) 253-0501Principal Officer
Katherine Wells
Main Address
215 N 7TH STREET, PHOENIX, AZ, 85034
NTEE Category
Code: A50 - Arts
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