THE CHILDRENS MUSEUM

EIN: 042103993 501(c)(3) Arts, Culture & Humanities

BOSTON, MA

Total Revenue
$22,077,913
Total Expenses
$12,487,535
Total Assets
$75,690,406
Net Assets
$64,761,011
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1913
Legal Domicile
MA
Principal Officer
JAGDISH CHOKSHI
Phone
6174266500
Tax Period
2024-07-01 to 2025-06-30

THE CHILDRENS MUSEUM, founded in 1913, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $22.1M in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.6M, a strong 43% operating margin.

Mission

BOSTON CHILDREN'S MUSEUM ENGAGES CHILDREN AND FAMILIES IN JOYFUL DISCOVERY EXPERIENCES THAT INSTILL AN APPRECIATION OF OUR WORLD, DEVELOP FOUNDATIONAL SKILLS, AND SPARK A LIFELONG LOVE OF LEARNING. BOSTON CHILDREN'S MUSEUM IS A WELCOMING, IMAGINATIVE, CHILD-CENTERED LEARNING ENVIRONMENT THAT SUPPORTS DIVERSE FAMILIES IN NURTURING THEIR CHILDREN'S CREATIVITY AND CURIOSITY. WE PROMOTE THE HEALTHY DEVELOPMENT OF ALL CHILDREN SO THAT THEY WILL FULFILL THEIR POTENTIAL AND CONTRIBUTE TO OUR COLLECTIVE WELLBEING AND FUTURE PROSPERITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,144,843
Program Service Revenue $5,487,996
Investment Income $2,496,501
Other Revenue $-51,427
TOTAL REVENUE $22,077,913

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,105,616
Fundraising Expenses $906,571
Program Expenses $9,524,542
Other Expenses $6,381,919
TOTAL EXPENSES $12,487,535

Year-over-Year Comparison

2024 2023 Change
Revenue $22,077,913 $11,898,570 +0.9%
Expenses $12,487,535 $10,263,286 +0.2%
Net Income $9,590,378 $1,635,284 +4.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
30
Independent Members
30
Employees
124
Volunteers
103

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✓ Engaged in Lobbying
✗ Operated Donor Advised Fund
✓ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
9
$606,895
Total Directors
36
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELEN ROSENFELD TRUSTEE, VICE CHAIR 0.50
Officer Director
$0 $0 $0
THOMAS MCCROREY TRUSTEE, TREASURER (UNTIL 10/21/24) 0.38
Officer Director
$0 $0 $0
RENEE BOYNTON-JARRETT TRUSTEE 0.38
Director
$0 $0 $0
NIRAV DAGLI TRUSTEE 0.50
Director
$0 $0 $0
RICK DIMINO TRUSTEE (UNTIL 10/21/24) 0.38
Director
$0 $0 $0
DAVID HEALY TRUSTEE, CHAIRMAN 3.75
Officer Director
$0 $0 $0
JASON JANOFF-TRUSTEE ALL YEAR TREASURER (APPT. 10/21/24) 0.38
Officer Director
$0 $0 $0
MIEKO KAMII TRUSTEE 0.50
Director
$0 $0 $0
GILES LI TRUSTEE (UNTIL 5/1/25) 0.38
Director
$0 $0 $0
AUNOY BANERJEE TRUSTEE 0.38
Director
$0 $0 $0
JULIE GORDON TRUSTEE (UNTIL 10/21/24) 0.38
Director
$0 $0 $0
KELLY HILLER TRUSTEE, SECRETARY 0.50
Officer Director
$0 $0 $0
DAVID BURT TRUSTEE 0.38
Director
$0 $0 $0
KEEGAN CALDWELL TRUSTEE 0.38
Director
$0 $0 $0
RYAN MURPHY TRUSTEE 0.38
Director
$0 $0 $0
SYLVIA STEVENS-EDOUARD TRUSTEE 0.50
Director
$0 $0 $0
PAUL LEONE TRUSTEE (UNTIL 4/1/25) 0.38
Director
$0 $0 $0
MELISSA WORTH TRUSTEE 0.38
Director
$0 $0 $0
DEBORAH ROBBINS TRUSTEE 0.38
Director
$0 $0 $0
DEIRDRE PHILLIPS TRUSTEE 0.38
Director
$0 $0 $0
DOROTHY YU TRUSTEE 0.38
Director
$0 $0 $0
PAT BROPHY TRUSTEE 0.38
Director
$0 $0 $0
ROBIN MOUNT TRUSTEE 0.38
Director
$0 $0 $0
CARLOS VASQUEZ TRUSTEE 0.38
Director
$0 $0 $0
ARIEL FOXMAN TRUSTEE (UNTIL 2/1/25) 0.38
Director
$0 $0 $0
JESSICA GUO TRUSTEE 0.38
Director
$0 $0 $0
CHRIS LAGAN TRUSTEE 0.38
Director
$0 $0 $0
LIANNE LEVENTHAL TRUSTEE 0.38
Director
$0 $0 $0
ANDREW NORTON TRUSTEE 0.38
Director
$0 $0 $0
NEAL BOYLE TRUSTEE 0.38
Director
$0 $0 $0
RANA MURPHY TRUSTEE 0.38
Director
$0 $0 $0
EMILY SCHUR TRUSTEE 0.38
Director
$0 $0 $0
JEROME SMITH TRUSTEE 0.38
Director
$0 $0 $0
CHARLES DONAHUE TRUSTEE (APPOINTED 10/21/24) 0.38
Director
$0 $0 $0
MICHAEL HARRISON TRUSTEE (APPOINTED 3/5/25) 0.38
Director
$0 $0 $0
ELIZABETH HIBBARD TRUSTEE (APPOINTED 10/21/24) 0.38
Director
$0 $0 $0
CAROLE CHARNOW PRESIDENT/CEO 35.00
Officer
$270,581 $34,260 $304,841
AMY AUERBACH SVP/CFO (UNTIL 10/14/24) 35.00
Officer
$184,415 $17,753 $202,168
HANNAH CORNU ASSISTANT SECRETARY 35.00
Officer
$53,744 $8,930 $62,674
JAGDISH CHOKSHI CFAO (AS OF 10/14/24) 35.00
Officer
$37,212 $0 $37,212
CHARLAYNE MURRELL-SMITH VP OF CORPORATE DEVELOPMENT 35.00
Highest
$139,732 $16,942 $156,674
JERI APPIER - CONTROLLER & MANAGING DIRECTOR FINANCE 35.00
Highest
$126,697 $7,247 $133,944
MICHAEL TRAVIS VP OF DEVELOPMENT 35.00
Highest
$202,881 $18,058 $220,939
MELISSA HIGGINS VP OF PROGRAMS & EXHIBITS 35.00
Highest
$141,676 $5,667 $147,343
ROBIN MEISNER SENIOR DIRECTOR, EXHIBITS 35.00
Highest
$108,825 $14,802 $123,627
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $22,077,913 $12,487,535 $75,690,406 $9,590,378
2024 $11,898,570 $10,263,286 $64,850,910 $1,635,284
2023 $9,481,204 $9,583,520 $61,456,440 $-102,316
2022 $15,531,381 $8,449,597 $60,830,612 $7,081,784
2021 $9,246,217 $7,761,594 $60,090,275 $1,484,623
2020 $7,337,476 $9,991,357 $55,831,310 $-2,653,881
2019 $9,344,042 $10,399,939 $57,204,138 $-1,055,897
2018 $10,657,588 $10,061,169 $59,550,903 $596,419
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE CHILDRENS MUSEUM with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.