KidsPlay Childrens Museum Inc

EIN: 454928276 501(c)(3) Arts, Culture & Humanities

Torrington, CT

Total Revenue
$1,173,455
Total Expenses
$1,040,316
Total Assets
$2,924,032
Net Assets
$2,146,904
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CT
Principal Officer
Brian McCormick
Phone
8606187700
Tax Period
2023-01-01 to 2023-12-31

KidsPlay Childrens Museum Inc, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.0M left a modest 11% surplus.

Mission

Provide a content-rich learning environment that fosters creativity, sparks curiosity, and builds life-skills through interactive exhibits and programs (see schedule O for mission statement)

Program Service Accomplishments

Program 1
Expenses: $515,052 Revenue: $334,231

KidsPlay is a museum offering a wide array of interactive exhibits designed to help children thrive intellectually, socially, and emotionally. The Museum provides a safe and stimulating environment...

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KidsPlay is a museum offering a wide array of interactive exhibits designed to help children thrive intellectually, socially, and emotionally. The Museum provides a safe and stimulating environment that encoruages children and caregivers to discover, imagine, and create. Children practice skills, build curiosity, and explore new things through development play. In 2023, KidsPlay participated in Connecticut's Summer at the Museum, Museums for All, Blus Star Musems, and other access initiatives to ensure that underserved and underrepresented audiences have access to its exhibits and programs

Program 2
Expenses: $222,359 Revenue: $67,510

KidsPlay offers educational programs and outreach activities aimed at enhancing children's cognitive and social-emotional development. The museum collaborates with experts and partners to provide...

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KidsPlay offers educational programs and outreach activities aimed at enhancing children's cognitive and social-emotional development. The museum collaborates with experts and partners to provide science, humanities and arts content tailored to childeren's developmental stages. KidsPlay is a popular destinantion for educational field trips. In addition, the museum hosts KidsPlay Day Camp, offering an enriching and creative experience for children involved in a local English language learners program at Torrington Public Schools. In 2023, Kidsplay partnered with Connecticut's Office of Early Childhood to expand development screening in the region through the Sparkler app. These initiatives aim to connect playful learning at the museum with academic readiness for the classroom.

Program 3
Expenses: $43,446 Revenue: $22,728

The Museum provides its space and program support to other non-profit organizations and collaborative partners at rates below market price. The designated areas include a family resource library, a...

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The Museum provides its space and program support to other non-profit organizations and collaborative partners at rates below market price. The designated areas include a family resource library, a local perfoming arts theater costume shop, and a fraternal organization meeting space. The museum's program room is also partially used for adult ESL and parenting classes. These partners also use the museum as a safe space for intervention work, observations and family engagement. In late 2023, KidsPlay launched the Hub@KidsPlay initiative, which aims to utilize its space and collaborations to further promote positive outcomes for children and families in the community.

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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 $740,179
Program Service Revenue $414,194
Investment Income $6,405
Other Revenue $12,677
TOTAL REVENUE $1,173,455

Expense Breakdown

Grants Paid $0
Salaries & Benefits $642,824
Fundraising Expenses $109,275
Program Expenses $780,857
Other Expenses $397,492
TOTAL EXPENSES $1,040,316

Year-over-Year Comparison

2023 2022 Change
Revenue $1,173,455 $1,153,215 +0.0%
Expenses $1,040,316 $857,001 +0.2%
Net Income $133,139 $296,214 -0.6%
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
12
Independent Members
12
Employees
23
Volunteers
50

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
5
$127,692
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eileen Marriott Museum Director 40.00
Officer
$127,692 $0 $127,692
Kenneth Merz Director 1.00
Director
$0 $0 $0
Brian McCormick President 2.00
Officer Director
$0 $0 $0
Holly Hunt Treasurer 2.00
Officer Director
$0 $0 $0
Cathleen Schmitz Director 1.00
Director
$0 $0 $0
Stuart Grodin Director 1.00
Director
$0 $0 $0
Mary Guilfoile Director 1.00
Director
$0 $0 $0
John Martin Director 1.00
Director
$0 $0 $0
Carol Quartiero Secretary 2.00
Officer Director
$0 $0 $0
Brad Oneglia Director 1.00
Director
$0 $0 $0
Marc Borghesi Director 1.00
Director
$0 $0 $0
Carmen Neale Director 1.00
Director
$0 $0 $0
Cheryl Kloczko Vice President 2.00
Officer Director
$0 $0 $0
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 $1,173,455 $1,040,316 $2,924,032 $133,139
2022 $1,153,215 $857,001 $2,826,204 $296,214
2021 $1,011,199 $635,829 $2,496,243 $375,370
2020 $717,717 $622,408 $2,122,845 $95,309
2019 $1,035,077 $682,501 $2,040,903 $352,576
2018 $772,343 $629,628 $1,692,055 $142,715
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