WESTCHESTER CHILDRENS MUSEUM

EIN: 562491194 501(c)(3) Arts, Culture & Humanities

RYE, NY

Total Revenue
$1,340,538
Total Expenses
$1,493,561
Total Assets
$3,716,076
Net Assets
$2,779,638
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NY
Principal Officer
MARVIN CAMPBELL
Phone
9144215050
Tax Period
2023-07-01 to 2024-06-30

WESTCHESTER CHILDRENS MUSEUM, founded in 2001, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE WESTCHESTER CHILDREN'S MUSEUM IS A VIBRANT, INTERACTIVE LEARNING SPACE, LEARNING LABORATORY PROVIDING CHILDREN, FAMILIES AND SCHOOL GROUPS THE OPPORTUNITY TO NURTURE CURIOSITY, ENHANCE KNOWLEDGE AND IGNITE IMAGINATION THROUGH CREATIVE HANDS-ON EXPLORATION. THE MUSEUM IS COMMITTED TO BROADENING KNOWLEDGE OF THE ARTS AND SCIENCES, THE ENVIRONMENT, MULTICULTURALISM, DIVERSITY, AND THE LOCAL AND GLOBAL COMMUNITIES IN AN EDUCATIONAL AND RECREATIONAL ATMOSPHERE.

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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 $597,540
Program Service Revenue $686,228
Investment Income $16,170
Other Revenue $40,600
TOTAL REVENUE $1,340,538

Expense Breakdown

Grants Paid $0
Salaries & Benefits $985,012
Fundraising Expenses $174,518
Program Expenses $943,845
Other Expenses $508,549
TOTAL EXPENSES $1,493,561

Year-over-Year Comparison

2023 2022 Change
Revenue $1,340,538 $995,657 +0.3%
Expenses $1,493,561 $1,076,835 +0.4%
Net Income $-153,023 $-81,178 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
13
Independent Members
13
Employees
44
Volunteers
13

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
7
$156,090
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARVIN CAMPBELL PRESIDENT 1.00
Officer Director
$0 $0 $0
KATIE VERNACE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CAROLYN CARR SPENCER TREASURER 1.00
Officer Director
$0 $0 $0
JAIME STEERS ASSISTANT TREASURER 1.00
Officer Director
$0 $0 $0
DENISE SEEDOR SECRETARY 1.00
Officer Director
$0 $0 $0
IZZY COPUS ASSISTANT SECRETARY 1.00
Officer Director
$0 $0 $0
PETER LARKIN TRUSTEE 1.00
Director
$0 $0 $0
KIM JEFFREY TRUSTEE 1.00
Director
$0 $0 $0
LAVANYA MISRA TRUSTEE 1.00
Director
$0 $0 $0
MARC OXMAN TRUSTEE 1.00
Director
$0 $0 $0
NAZANINE SCHEUER TRUSTEE 1.00
Director
$0 $0 $0
KIM SPARBER TRUSTEE 1.00
Director
$0 $0 $0
CORINNE ZOLA TRUSTEE 1.00
Director
$0 $0 $0
THOMAS SULLIVAN EXECUTIVE DIRECTOR 40.00
Officer
$116,124 $39,966 $156,090
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 No data No data No data No data
2024 $1,340,538 $1,493,561 $3,716,076 $-153,023
2023 $995,657 $1,076,835 $3,916,853 $-81,178
2022 $574,008 $736,157 $4,319,308 $-162,149
2022 $642,322 $736,157 $4,319,308 $-93,835
2021 $955,137 $610,213 $4,380,606 $344,924
2020 $749,485 $709,636 $4,663,250 $39,849
2019 $1,706,299 $796,964 $3,825,670 $909,335
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