BRONX CHILDREN'S MUSEUM

EIN: 260579140 501(c)(3) Arts, Culture & Humanities

BRONX, NY

Total Revenue
$1,158,261
Total Expenses
$2,536,661
Total Assets
$383,707
Net Assets
$215,291
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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
NY
Principal Officer
ARLENE G LEWIS BASCOM
Phone
3478347378
Tax Period
2023-01-01 to 2023-12-31

BRONX CHILDREN'S MUSEUM, founded in 2006, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 119% operating deficit.

Mission

BRONX CHILDREN'S MUSEUM CELEBRATES THE NATURAL CURIOSITY, CREATIVITY AND COMPASSION INHERENT IN ALL CHILDREN. WE RECOGNIZE THE INDIVIDUALITY OF EACH CHILD AND ASPIRE TO GUIDE THEM IN CLOSE PARTNERSHIP WITH THOSE WHO CARE FOR THEM ON A FUN-FILLED JOURNEY.

Program Service Accomplishments

Program 1
Expenses: $1,900,077 Revenue: $15,100

GENERAL PROGRAM - MUSEUM EDUCATORS OPERATED 8 PROGRAMS INCLUDING 2 AFTER SCHOOL PROGRAMS (LITTLE FRIENDS OF THE MUSEUM, GREEN ARTS), 2 IN-SCHOOL PROGRAMS (NATURE OF THE BRONX AND DREAM BIG AFTER...

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GENERAL PROGRAM - MUSEUM EDUCATORS OPERATED 8 PROGRAMS INCLUDING 2 AFTER SCHOOL PROGRAMS (LITTLE FRIENDS OF THE MUSEUM, GREEN ARTS), 2 IN-SCHOOL PROGRAMS (NATURE OF THE BRONX AND DREAM BIG AFTER SCHOOL), AND 1 PUBLIC ARTS PROGRAMS (STUDIO SATURDAYS).

Program 2

NATURE OF THE BRONX: THE MUSEUM PROVIDED IN-SCHOOL STEAM PROGRAMMING UNDER THE UMBRELLA OF NATURE OF THE BRONX. THE PROGRAM WAS PROVIDED TO 14 SCHOOLS AND 820 CHILDREN. THE PROGRAM CONSISTED OF...

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NATURE OF THE BRONX: THE MUSEUM PROVIDED IN-SCHOOL STEAM PROGRAMMING UNDER THE UMBRELLA OF NATURE OF THE BRONX. THE PROGRAM WAS PROVIDED TO 14 SCHOOLS AND 820 CHILDREN. THE PROGRAM CONSISTED OF PRE-RECORDED VIDEO LESSONS, IN-PERSON OR VIRTUAL INSTRUCTION WITH BXCM EDUCATORS, SUPPLY BOXES OF MATERIALS FOR EACH PARTICIPATING TEACHER AND STUDENT, AND A FIELD TRIP TO A BRONX WATERWAY.

Program 3

DREAM BIG INITIATIVE - THE MUSEUM PROVIDED OUTDOOR FESTIVALS THROUGH OUT THE BRONX BRINGING OUR ARTS PROGRAMS TO STREET FAIRS AND PARKS IN THE BRONX.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,142,972
Program Service Revenue $15,100
Investment Income $71
Other Revenue $118
TOTAL REVENUE $1,158,261

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,733,026
Fundraising Expenses $380,028
Program Expenses $1,900,077
Other Expenses $803,635
TOTAL EXPENSES $2,536,661

Year-over-Year Comparison

2023 2022 Change
Revenue $1,158,261 $1,766,598 -0.3%
Expenses $2,536,661 $3,165,678 -0.2%
Net Income $-1,378,400 $-1,399,080 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
27
Independent Members
27
Employees
49
Volunteers
27

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
8
$359,902
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER SHERMAN MD MPH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ARLENE G LEWIS BASCOM CPA PRESIDENT 1.00
Officer Director
$0 $0 $0
SAPAN VYAS TREASURER 1.00
Officer Director
$0 $0 $0
RICHARD L STEIN SECRETARY 1.00
Officer Director
$0 $0 $0
PAUL HUGHES MEMBER 1.00
Director
$0 $0 $0
KATE GREEN MEMBER 1.00
Director
$0 $0 $0
LEE MICHEL MEMBER 1.00
Director
$0 $0 $0
NICHOLAS P CROWELL MEMBER 1.00
Director
$0 $0 $0
SHAUN BELLE MEMBER 1.00
Director
$0 $0 $0
PAUL RAMIREZ MEMBER 1.00
Director
$0 $0 $0
SARAH FLACCAVENTO MEMBER 1.00
Director
$0 $0 $0
JILLIAN FAULLS MEMBER 1.00
Director
$0 $0 $0
SUNNY HOSTIN MEMBER 1.00
Director
$0 $0 $0
HON STANLEY GREEN MEMBER 1.00
Director
$0 $0 $0
JOSE A RODRIGUEZ MD MEMBER 1.00
Director
$0 $0 $0
AMANDA COLLADO-MILLIGAN MEMBER 1.00
Director
$0 $0 $0
JOHN ABRONS MEMBER 1.00
Director
$0 $0 $0
HOPE HARLEY MEMBER 1.00
Director
$0 $0 $0
ANTONNIQUE DAY MEMBER 1.00
Director
$0 $0 $0
APRIL D HORTON MEMBER 1.00
Director
$0 $0 $0
JEANNE B MULLGRAV MEMBER 1.00
Director
$0 $0 $0
CHELSEA POIRER MEMBER 1.00
Director
$0 $0 $0
VALERIE M WASHINGTON ED D MEMBER 1.00
Director
$0 $0 $0
ELLIE MEEK TWEEDY MEMBER 1.00
Director
$0 $0 $0
FRED KAUFMAN MEMBER 1.00
Director
$0 $0 $0
COURTNEY GARCIA MEMBER 1.00
Director
$0 $0 $0
ALANNAH SHEERIN MEMBER 1.00
Director
$0 $0 $0
DENISE ADUSEI EXECUTIVE DIRECTOR 40.00
Officer
$139,394 $9,114 $148,508
CARLA PRECHT EXE DIRECTOR THRU 12/23 40.00
Officer
$91,029 $2,645 $93,674
THU-NHI NGUYEN-PETIT DEP. DIR FIN THRU 5/23 40.00
Officer
$53,768 $1,613 $55,381
JENELL HORTON DIRECTOR OF OPERATIONS & FINANCE 40.00
Officer
$62,339 $0 $62,339
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
2024 No data No data No data No data
2023 $1,158,261 $2,536,661 $383,707 $-1,378,400
2022 $1,766,598 $3,165,678 $1,851,094 $-1,399,080
2021 $1,502,216 $1,564,793 $3,102,925 $-62,577
2020 $1,195,828 $1,832,641 $3,108,485 $-636,813
2019 $2,218,626 $1,677,935 $3,791,533 $540,691
2018 $2,281,625 $1,511,518 $3,304,186 $770,107
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