Arts, Culture & Humanities
(A520)
IRS Verified
DX Registered
990 on File
THE CHILDRENS MUSEUM
Financial strength (30%)
72/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Boston Children’s Museum is the second oldest, and one of the most influential children’s museums in the world. It was founded in 1913 by the Science Teachers’ Bureau, a group of visionary educators dedicated to providing new resources for both teachers and students, as a center for the exchange of materials and ideas to advance the teaching of science. For over 100 years it has been engaging children in joyful discovery experiences that instill an appreciation of our world, develop foundational skills, and spark a lifelong love of learning.
Financial Overview — FY 2023
$9.5M
Total Revenue
$9.6M
Total Expenses
$50.2M
Net Assets
113
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.3%
Fundraising Efficiency
816.0%
Operating Reserve
62.81x
Liability-to-Asset
18.4%
Revenue Diversification
49.9%
Executive Compensation
$537K
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.3% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
15.0% | 14.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.7% | 5.5% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
816.0% | 251.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
62.8 mo | 16.8 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
18.4% | 10.7% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
49.9% | 74.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-39.0% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
13.4% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-1.1% | -0.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $9.5M | $9.6M | $50.2M | 76.3% | 113 |
| 2022 | $15.5M | $8.4M | $48.9M | 76.6% | 99 |
| 2021 | $9.2M | $7.8M | N/A | — | 107 |
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