Form 990 for tax year 2023

Filed by BROOKLYN CHILDRENS MUSEUM CORP.

Totals

Total revenue: $7,490,491
Total expenses: $7,193,672
Contributions and grants received: $5,184,953
Grants paid: $0
Program service revenue: $1,765,189
Investment income: $146,704
Other revenue: $393,645
Total assets, end of year: $7,548,667
Total liabilities, end of year: $3,153,962
Net assets or fund balances, end of year: $4,394,705
Program services expenses (Part IX): $5,350,560
Management and general expenses: $1,299,039
Fundraising expenses: $544,073
Program service expenses (Part III): $5,350,560

Program services were 74.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1b · Membership dues

$289,089
1c · Fundraising events

$464,259
1e · Government grants (contributions)

$3,668,131
1f · All other contributions, gifts and grants

$763,474
1g · Noncash contributions included above

$21,745
2a · Program service revenue: ADMISSION FEES

total $1,240,443 · related or exempt $1,240,443
2b · Program service revenue: LIBRARY RENTAL

total $251,590 · related or exempt $251,590
2c · Program service revenue: FOOD SERVICES

total $150,806 · related or exempt $150,806
2d · Program service revenue: BIRTHDAY PARTIES

total $122,350 · related or exempt $122,350
3 · Investment income

total $98,983 · excluded $98,983
6a · Gross rents

real property $361,695
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $361,695
6d · Net rental income or loss

total $361,695 · excluded $361,695
7a · Gross sales of assets other than inventory

securities $528,130
7b · Less cost or other basis and sales expenses

securities $480,409
7c · Gain or loss

securities $47,721
7d · Net gain or loss

total $47,721 · excluded $47,721
8a · Fundraising events: gross income

$119,409
8a · Fundraising events: contributions included on line 1c

$464,259
8b · Fundraising events: direct expenses

$119,409
8c · Net income from fundraising events

total $0
11a · Other revenue: MISCELLANEOUS INCOME

total $31,950 · related or exempt $31,950
11e · Other revenue, total

$31,950

Functional expenses

Part IX, the statement of functional expenses.

5 · Compensation of officers, directors and key employees

total $330,092 · program services $292,648 · management and general $13,759 · fundraising $23,685
7 · Other salaries and wages

total $2,745,623 · program services $2,434,168 · management and general $114,446 · fundraising $197,009
9 · Other employee benefits

total $692,741 · program services $614,158 · management and general $28,876 · fundraising $49,707
10 · Payroll taxes

total $257,822 · program services $228,575 · management and general $10,747 · fundraising $18,500
11b · Fees: legal

total $8,100 · management and general $8,100
11c · Fees: accounting

total $490,009 · management and general $490,009
11f · Fees: investment management

total $23,428 · management and general $23,428
11g · Fees: other

total $841,124 · program services $601,281 · management and general $80,921 · fundraising $158,922
12 · Advertising and promotion

total $60,567 · program services $60,567
13 · Office expenses

total $604,000 · program services $493,723 · management and general $96,420 · fundraising $13,857
14 · Information technology

total $46,981 · program services $41,839 · management and general $1,557 · fundraising $3,585
16 · Occupancy

total $201,829 · program services $198,574 · management and general $986 · fundraising $2,269
17 · Travel

total $83,059 · program services $62,784 · management and general $15,287 · fundraising $4,988
22 · Depreciation, depletion and amortization

total $196,998 · program services $150,584 · management and general $46,414
23 · Insurance

total $296,720 · management and general $296,720
24a · Other expenses: MISCELLANEOUS

total $314,579 · program services $171,659 · management and general $71,369 · fundraising $71,551

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,147,715 · end of year $1,067,488
2 · Savings and temporary cash investments

beginning of year $1,218,064 · end of year $1,147,701
3 · Pledges and grants receivable

beginning of year $1,175,742 · end of year $1,093,122
9 · Prepaid expenses and deferred charges

beginning of year $96,239 · end of year $116,534
10a · Land, buildings and equipment: cost or other basis

$13,209,497
10b · Land, buildings and equipment: accumulated depreciation

$11,615,432
10c · Land, buildings and equipment, net

beginning of year $1,311,983 · end of year $1,594,065
11 · Investments: publicly traded securities

beginning of year $2,002,835 · end of year $2,529,757
17 · Accounts payable and accrued expenses

beginning of year $560,516 · end of year $408,336
19 · Deferred revenue

beginning of year $131,810 · end of year $72,748
23 · Secured mortgages and notes payable

beginning of year $307,418 · end of year $504,522
25 · Other liabilities

beginning of year $2,817,126 · end of year $2,168,356
27 · Net assets without donor restrictions

beginning of year -$127,229 · end of year $665,666
28 · Net assets with donor restrictions

beginning of year $3,262,937 · end of year $3,729,039

Mission and programs · 2023

Mission

SEE SCHEDULE O

Activities or mission (Part I)

CREATES EXPERIENCES THAT IGNITE CURIOSITY, CELEBRATE IDENTITY & CULTIVATE JOYFUL LEARNING.

EDUCATION:BCM'S EDUCATION PROGRAMS SERVE 30,000 STUDENTS AND CHAPERONES ANNUALLY THROUGH 1,000 SCHOOL AND CAMP FIELD TRIPS; PROVIDE FREE AFTERSCHOOL AND SUMMER CAMP FOR 200 CENTRAL BROOKLYN FAMILIES; AND SERVE ROUGHLY 100 TEENS THROUGH YOUTH ENGAGEMENT.

Expenses $1,601,754 · Revenue $505,933
MAINTENANCE & SECURITY:IN ORDER TO SERVE ITS COMMUNITY, BROOKLYN CHILDREN'S MUSEUM MAINTAINS A 125,000 SQUARE FOOT FACILITY. MAINTENANCE AND FACILITIES STAFF OVERSEE SAFETY, CLEANLINESS AND REPAIRS FOR THE PLANT, AND ARE REPRESENTED BY MUNICIPAL UNION DC 37.

Expenses $1,372,852
EXHIBIT: IN FISCAL YEAR 2024, BCM SERVED OVER 270,000 PEOPLE, WHICH IS UP FROM THE ALMOST 240,000 PEOPLE SERVED IN FISCAL YEAR 2023.BCM'S PERMANENT EXHIBITS INCLUDE WORLD BROOKLYN, A RECREATED STREET FEATURING CHILD-SIZE REPLICAS OF REAL BROOKLYN STORES; NEIGHBORHOOD NATURE, AN EXPLORATION OF THE BOROUGH'S ECOSYSTEMS; COLLECTIONS CENTRAL, AN AREA THAT HIGHLIGHTS OBJECTS FROM THE MUSEUM'S COLLECTION THROUGH THEMED EXHIBITIONS; TOTALLY TOTS, AN EARLY CHILDHOOD SENSORY LEARNING SPACE; AND, COLORLAB, A STUDIO FEATURING HANDS-ON ART-MAKING HIGHLIGHTING BLACK ART AND ARTISTS.ANNUALLY, THE MUSEUM HOSTS TEMPORARY EXHIBITIONS IN ITS VISITING EXHIBITS GALLERY. IN FISCAL YEAR 2024, BCM THE MUSEUM OPENED OPPOSITES ABSTRACT. THE VISITING EXHIBIT WAS BASED ON THE EXPLORATION OF OPPOSITES, INSPIRED BY MO WILLEMS' BESTSELLING CHILDREN'S BOOK OF THE SAME NAME. TAKING INSPIRATION FROM THE EYE-POPPING, EMOTIVE, AND HIGHLY ACCESSIBLE WORDS AND IMAGES IN THE BOOK, THE EXHIBIT PROMPTS VISITORS OF ALL AGES TO INVESTIGATE OPPOSITES THROUGH HANDS-ON EXPERIENCES, ART-MAKING, AND PERFORMANCES. ARTRINK, A SEASONAL EXHIBIT ALSO RETURNED IN FISCAL YEAR 2024. THE THEME WAS ""WE GRPW AND BCM'S ROOFTOP ART EXHIBITION FEATURING THE WORK OF EIGHTEEN LOCAL ARTISTS AND A 3,000 SQUARE-FOOT SYNTHETIC ICE SKATING.IN THE 2023 FISCAL YEAR, THE MUSEUM OPENED A-MAZE-D, A LIFE-SIZE MAZE CREATED FROM CARDBOARD BOXES AND INCLUDING ART AND PUZZLES AND ARTRINK, A 3,000 SQUARE FOOT SYNTHETIC ICE-RINK FLANKED BY INTERACTIVE ART INSTALLATIONS. IN THE 2023 FISCAL YEAR, THE MUSEUM OPENED TWO NEW SPACES, A 6,500 SQUARE FOOT BRANCH OF BROOKLYN PUBLIC LIBRARY AND A 175-SEAT AUDITORIUM AND MOVIE THEATER. THE MUSEUM ALSO PRESENTED TWO TEMPORARY EXHIBITS IN THE 2023 FISCAL YEAR, JURASSIC MINI-GOLF, A CHILD-SIZED GOLF COURSE FLANKED BY ANIMATRONIC DINOSAURS, AND SOUND FIELD, A SERIES OF LARGE-SCALE, FANTASTICAL INSTRUMENTS ACTIVATED BY VISITORS. IN FISCAL YEAR 2022, BCM OPENED BROOKLYN VOICES, AN IMMERSIVE EXHIBIT THAT SHARES A DIVERSE COLLECTION OF BROOKLYN'S STORIES FROM BCM'S HISTORICAL ARCHIVES, SHARE A FAMILY RECIPE, PLAY HOPSCOTCH WITH A NEW FRIEND IN THE STREETSCAPE, AND DISCOVER HOW OUR NEIGHBORHOODS AND STREETS GOT THEIR NAMES; ARTRINK: A NOTE TO OUR FUTURE, BCM'S ROOFTOP ART EXHIBITION FEATURING THE WORK OF SIXTEEN LOCAL ARTISTS AND A 3,000 SQUARE-FOOT SYNTHETIC ICE SKATING RINK, AND JURASSIC MINI-GOLF, WHICH FEATURED A NINE-HOLE MINI-GOLF COURSE AND SEVERAL ANIMATRONIC DINOSAURS.

Expenses $1,059,239 · Revenue $519
COLLECTIONS, VISITOR SERVICES, MEMBERSHIP, MARKETING AND GOVERNMENT AND COMMUNITY AFFAIRS

Expenses $1,316,715 · Revenue $1,258,737

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Amanda NicholsAMANDA NICHOLS

BOARD CHAIR

Total calculated

$0

Hours/week

3
Darian FutrellDARIAN FUTRELL

VICE CHAIR

Total calculated

$0

Hours/week

3
Larry KwonLARRY KWON

TREASURER

Total calculated

$0

Hours/week

3
Dana PouwelsDANA POUWELS

SECRETARY

Total calculated

$0

Hours/week

3
Adam FreedADAM FREED

TRUSTEE

Total calculated

$0

Hours/week

3
Allison Maritza LaskyALLISON MARITZA LASKY

TRUSTEE

Total calculated

$0

Hours/week

3
Alycia ZimmermanALYCIA ZIMMERMAN

TRUSTEE

Total calculated

$0

Hours/week

3
Angela TribelliANGELA TRIBELLI

TRUSTEE

Total calculated

$0

Hours/week

3
Bonnie CampbellBONNIE CAMPBELL

TRUSTEE

Total calculated

$0

Hours/week

3
Corey BaylorCOREY BAYLOR

TRUSTEE

Total calculated

$0

Hours/week

3
Cristin FrodellaCRISTIN FRODELLA

TRUSTEE

Total calculated

$0

Hours/week

3
Frederic GolenFREDERIC GOLEN

TRUSTEE

Total calculated

$0

Hours/week

3
Freya ZaheerFREYA ZAHEER

TRUSTEE

Total calculated

$0

Hours/week

3
George SampasGEORGE SAMPAS

TRUSTEE

Total calculated

$0

Hours/week

3
Humayun KhalidHUMAYUN KHALID

TRUSTEE

Total calculated

$0

Hours/week

3
Jamison DivollJAMISON DIVOLL

TRUSTEE

Total calculated

$0

Hours/week

3
Jessica SchumerJESSICA SCHUMER

TRUSTEE

Total calculated

$0

Hours/week

3
Jim SinclairJIM SINCLAIR

TRUSTEE

Total calculated

$0

Hours/week

3
Jose RolonJOSE ROLON

TRUSTEE

Total calculated

$0

Hours/week

3
Justin MooreJUSTIN MOORE

TRUSTEE

Total calculated

$0

Hours/week

3
Kiesean RiddickKIESEAN RIDDICK

TRUSTEE

Total calculated

$0

Hours/week

3
Kristina HuntKRISTINA HUNT

TRUSTEE

Total calculated

$0

Hours/week

3
Michael FrazierMICHAEL FRAZIER

TRUSTEE

Total calculated

$0

Hours/week

3
Olivia Basu-LeonOLIVIA BASU-LEON

TRUSTEE

Total calculated

$0

Hours/week

3
Prabha Sipi BhandariPRABHA SIPI BHANDARI

TRUSTEE

Total calculated

$0

Hours/week

3
Rashmi SinghRASHMI SINGH

TRUSTEE

Total calculated

$0

Hours/week

3
Sanam AkhlaghSANAM AKHLAGH

TRUSTEE

Total calculated

$0

Hours/week

3
Sean O'NealSEAN O'NEAL

TRUSTEE

Total calculated

$0

Hours/week

3
Sharon VolckhausenSHARON VOLCKHAUSEN

TRUSTEE

Total calculated

$0

Hours/week

3
Sheila PelusoSHEILA PELUSO

TRUSTEE

Total calculated

$0

Hours/week

3
Shelly BanjoSHELLY BANJO

TRUSTEE

Total calculated

$0

Hours/week

3
Tanya Levy-OdomTANYA LEVY-ODOM

TRUSTEE

Total calculated

$0

Hours/week

3
Tristan NadalTRISTAN NADAL

TRUSTEE

Total calculated

$0

Hours/week

3
Stephanie Hill WilchfortSTEPHANIE HILL WILCHFORT

FORMER PRESIDENT & FORMER CEO

Total calculated

$198,102

From this org

$174,809

From related orgs

$0

Other

$23,293

Hours/week

40

Schedule J breakdown matched by us

Base

$174,809

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$23,293

Filer's total

$198,102
Atiba EdwardsATIBA EDWARDS

PRESIDENT & CEO

Total calculated

$237,168

From this org

$224,908

From related orgs

$0

Other

$12,260

Hours/week

40

Schedule J breakdown matched by us

Base

$224,908

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$12,260

Filer's total

$237,168
Hana ElwellHANA ELWELL

VP OF EXHIBITS AND EDUCATION

Total calculated

$162,454

From this org

$130,759

From related orgs

$0

Other

$31,695

Hours/week

40

Schedule J breakdown matched by us

Base

$130,759

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$31,695

Filer's total

$162,454

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

3 · Written employment contract
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 23 April 2025
IRS schema version: 2023v6.0
Source object: 202541199349301724

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