Mississippi Children's Museum
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Mississippi Children's Museum meets the 20 Standards for Charity Accountability.
Stated Purpose:
“to create unparalleled experiences to inspire excellence and a lifelong joy of learning.”
Year, State Incorporated:
1996, MS
Mississippi Children’s Museum (MCM) reports it offers hands-on exhibits and programs focusing on literacy, STEAM (Science, Technology, Engineering, Art, and Math), health and nutrition, cultural arts, and Mississippi heritage to help children mature into healthy and productive adult learners. MCM has two facilities, one in Jackson and the other in Meridian. In 2022, the organization reported it welcomed 292,477 people, with 25,717 participating in its education programs, and another 18,000 participating in after school programs.
For the year ended May 31, 2023, Mississippi Children's Museum's program expenses were:
| Education programs | $1,635,963 |
| Exhibits and facilities | $3,022,932 |
| External affairs | $486,172 |
| Retail | $734,610 |
| Special events | $160,548 |
| Total Program Expenses | $6,040,225 |
Chief Executive
Susan Garrard, President and Chief Executive Officer
Compensation*
$157,230
Chair of the Board
Beth Hansen
Chair's Profession / Business Affiliation
Chief Executive Officer, Mississippi Association of Realtors
Board Size
21
Paid Staff Size
70
*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Special events, Foundation grants, Print advertisements
Fundraising costs were 11% of related contributions. (Related contributions, which totaled $2,613,439, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Mississippi Children's Museum's audited financial statements for the year ended May 31, 2023.
Source of Funds
| In-kind contributions | $91,199 |
| Investment income, net | $159,043 |
| Facility rental | $190,764 |
| Other income | $303,051 |
| Retail sales | $338,203 |
| Memberships | $379,485 |
| Special events | $569,888 |
| Educational programs/sponsorships | $602,326 |
| Grants | $963,674 |
| Admissions | $970,036 |
| Contributions | $988,678 |
| Total Income | $5,556,347 |
Programs: 87% Fundraising: 4% Administrative: 9%
| Total Income | $5,556,347 |
| Total expenses: | $6,949,090 |
| Program expenses | $6,040,225 |
| Fundraising expenses | $288,449 |
| Administrative expenses | $620,416 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-1,392,743 |
| Beginning Net Assets | $33,769,465 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $32,376,722 |
| Total Liabilities | $20,650,637 |
| Total Assets | $53,027,359 |
Note: According to MCM's audited financial statements for the year ended May 31, 2023, the organization received $91,199 in contributed goods and services including event goods ($55,404) and program services ($35,795).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance