MISSISSIPPI CHILDREN'S MUSEUM

EIN: 640850010 501(c)(3) Arts, Culture & Humanities

JACKSON, MS

Total Revenue
$6,060,971
Total Expenses
$6,488,929
Total Assets
$35,357,398
Net Assets
$31,189,218
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MS
Principal Officer
ALICEN BLANCHARD
Phone
6019815469
Tax Period
2024-06-01 to 2025-05-31

MISSISSIPPI CHILDREN'S MUSEUM, founded in 1996, is a community nonprofit in the Arts, Culture & Humanities sector that reported $6.1M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Net assets of $31.2M represent 62 months of operating reserves.

Mission

WE CREATE UNPARALLELED EXPERIENCES TO INSPIRE EXCELLENCE AND A LIFELONG JOY OF LEARNING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,258,857
Program Service Revenue $2,161,124
Investment Income $418,934
Other Revenue $222,056
TOTAL REVENUE $6,060,971

Expense Breakdown

Grants Paid $12,155
Salaries & Benefits $2,947,287
Fundraising Expenses $303,260
Program Expenses $5,264,637
Other Expenses $3,529,487
TOTAL EXPENSES $6,488,929

Year-over-Year Comparison

2024 2023 Change
Revenue $6,060,971 $4,787,786 +0.3%
Expenses $6,488,929 $6,528,286 0.0%
Net Income $-427,958 $-1,740,500 -0.8%
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
21
Independent Members
21
Employees
174
Volunteers
874

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
6
$153,464
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN GARRARD PRESIDENT/CE 40.00
Officer
$143,622 $9,842 $153,464
SARAH SKELTON CFO 40.00
Highest
$122,414 $9,182 $131,596
ALICEN BLANCHARD CHAIRMAN 5.00
Officer Director
$0 $0 $0
PATTY ANN BOGUE BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL CORMACK BOARD MEMBER 2.00
Director
$0 $0 $0
MARGARET CUPPLES BOARD MEMBER 2.00
Director
$0 $0 $0
LISA DIDION BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN FLETCHER BOARD MEMBER 2.00
Director
$0 $0 $0
JEFFREY M GRAVES BOARD MEMBER 2.00
Director
$0 $0 $0
BETH HANSEN BOARD MEMBER 2.00
Officer Director
$0 $0 $0
LAURA HEARN BOARD MEMBER 2.00
Director
$0 $0 $0
JET HOLLINGSWORTH SECRETARY 5.00
Officer Director
$0 $0 $0
WILSON HOOD VP GOVERNANC 5.00
Officer Director
$0 $0 $0
OLIVIA HOST TREASURER 5.00
Officer Director
$0 $0 $0
ADAMS YERGER IV BOARD MEMBER 2.00
Director
$0 $0 $0
MAGGI LAMPTON BOARD MEMBER 2.00
Director
$0 $0 $0
CARLA LEWIS BOARD MEMBER 2.00
Director
$0 $0 $0
BLANN LUTKEN BOARD MEMBER 2.00
Director
$0 $0 $0
ASHLEY MEENA BOARD MEMBER 2.00
Director
$0 $0 $0
MELANIE MORGAN BOARD MEMBER 2.00
Director
$0 $0 $0
CHIP PICKERING BOARD MEMBER 2.00
Director
$0 $0 $0
MARC RANSIER BOARD MEMBER 2.00
Director
$0 $0 $0
CAMILLE YOUNG BOARD MEMBER 2.00
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
2025 $6,060,971 $6,488,929 $35,357,398 $-427,958
2024 $4,787,786 $6,528,286 $35,882,821 $-1,740,500
2023 $5,406,362 $6,170,551 $39,014,947 $-764,189
2022 $5,991,730 $6,444,340 $39,596,434 $-452,610
2021 $4,556,679 $4,518,066 $41,719,218 $38,613
2020 $4,628,980 $4,648,332 $40,780,536 $-19,352
2019 $6,937,522 $3,744,821 $34,406,332 $3,192,701
2018 $7,373,070 $3,619,764 $31,532,196 $3,753,306
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