CHILDREN'S MUSEUM OF PHOENIX

EIN: 860934323 501(c)(3) Arts, Culture & Humanities

PHOENIX, AZ

Total Revenue
$9,101,352
Total Expenses
$5,503,989
Total Assets
$17,633,342
Net Assets
$16,784,843
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
AZ
Principal Officer
KATHERINE WELLS
Phone
6022530501
Tax Period
2024-07-01 to 2025-06-30

CHILDREN'S MUSEUM OF PHOENIX, founded in 1998, is a community nonprofit in the Arts, Culture & Humanities sector that reported $9.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.6M, a strong 40% operating margin.

Mission

THE CHILDREN'S MUSEUM OF PHOENIX MISSION IS TO ENGAGE THE MINDS, MUSCLES, AND IMAGINATIONS OF CHILDREN AND THE GROWN-UPS WHO CARE ABOUT THEM. WITH A FOCUS ON EARLY CHILDHOOD EDUCATION AND DEVELOPMENT FOR CHILDREN BIRTH TO TEN YEARS, THE MUSEUM PROVIDES HANDS-ON EXHIBITS AND PROGRAMS THAT ENCOURAGE PHYSICAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT.

Program Service Accomplishments

Program 1
Expenses: $3,893,626 Revenue: $3,870,197

THE CHILDREN'S MUSEUM OF PHOENIX'S MISSION IS TO ENGAGE THE MINDS, MUSCLES, AND IMAGINATIONS OF CHILDREN AND THE GROWN-UPS WHO CARE ABOUT THEM. WITH A FOCUS ON EARLY CHILDHOOD EDUCATION AND...

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THE CHILDREN'S MUSEUM OF PHOENIX'S MISSION IS TO ENGAGE THE MINDS, MUSCLES, AND IMAGINATIONS OF CHILDREN AND THE GROWN-UPS WHO CARE ABOUT THEM. WITH A FOCUS ON EARLY CHILDHOOD EDUCATION AND DEVELOPMENT FOR CHILDREN BIRTH TO TEN YEARS, THE MUSEUM PROVIDES HANDS-ON EXHIBITS AND PROGRAMS THAT ENCOURAGE PHYSICAL, EMOTIONAL, AND COGNITIVE DEVELOPMENT. TO ENSURE THAT ALL CHILDREN IN OUR COMMUNITY CAN VISIT THE MUSEUM, WE AIM TO PROVIDE FREE OR REDUCED ADMISSION ACCESS TO MORE THAN 110,000 PEOPLE EACH YEAR THROUGH OUR EVERY CHILD PROGRAM. THIS PROGRAM GIVES LOW-INCOME OR AT-RISK CHILDREN AND FAMILIES ACCESS TO THE MUSEUM'S RICH LEARNING ENVIRONMENT EITHER FOR FREE OR AT A SUBSTANTIALLY REDUCED RATE. DURING FY 24-25, 111,092 VISITORS CAME THROUGH OUR EVERY CHILD PROGRAM AN INVESTMENT IN OUR COMMUNITY VALUED AT $1,528,722. THIS YEAR, IN PARTNERSHIP WITH THE CITY OF PHOENIX, RSP ARCHITECTS, AND CHASSE CONSTRUCTION, WE BEGAN THE DESIGN PHASE OF OUR UPCOMING EXPANSION OF THE MUSEUM WHICH WILL SEE THE MUSEUM GROW INTO ITS FULL 80,000 SQUARE FEET OF SPACE, PLUS AN ADDITIONAL 10,000 SQUARE FEET OF NEW SPACE DESIGNED FOR TODAY'S YOUNG EXPLORERS.IN NOVEMBER 2024, THE MUSEUM RECEIVED A LANDMARK $2.5 MILLION GRANT FROM LILLY ENDOWMENT INC. - THE LARGEST IN OUR HISTORY. THIS EXTRAORDINARY GIFT WILL FUEL A SIGNATURE EXHIBIT FOCUSED ON CHARACTER DEVELOPMENT AND REFRESH BELOVED AREAS ACROSS THE MUSEUM. THIS WORK IS DESIGNED TO FOSTER CHARACTER SKILLS OF KINDNESS, CURIOSITY, BRAVERY, CREATIVITY, AND RESPECT IN CHILDREN, STRENGTHENING THEM FOR LIFE.ALSO IN NOVEMBER, OUR ANNUAL GALA, CASINO ROYALE, DELIVERED AN UNFORGETTABLE EVENING OF SPARKLING DCOR, A THRILLING LIVE AUCTION, DINNER UNDER THE STARS, AND A HIGH-ENERGY SILENT DISCO THAT KEPT GUESTS DANCING LATE INTO THE NIGHT. THE EVENT WELCOMED 324 GUESTS AND RAISED $304,185 IN SUPPORT OF OUR EVERY CHILD PROGRAM, HELPING THOUSANDS OF CHILDREN AND THEIR FAMILIES ACCESS JOY, CONNECTION, AND LEARNING AT THE MUSEUM. IN JUNE 2025, WE CELEBRATED A MILESTONE MOMENT: WELCOMING OUR FIVE MILLIONTH VISITOR! THAT'S FIVE MILLION CHANCES FOR CHILDREN TO IMAGINE, BUILD, CLIMB, DISCOVER, GIGGLE, AND GROWOFTEN SIDE BY SIDE WITH THEIR FAMILIES, CAREGIVERS, AND FRIENDS. THIS ACHIEVEMENT BELONGS TO OUR COMMUNITY AND ESPECIALLY TO OUR DONORS, WHOSE GENEROSITY HAS MADE THE MUSEUM A VIBRANT, JOYFUL SPACE WHERE PLAY HAS POWER AND EVERY CHILD IS VALUED. IN OUR CONTINUING COMMITMENT TO IDEA (INCLUSION, DIVERSITY, EQUITY, ACCESSIBILITY), THE MUSEUM WAS HONORED TO FEATURE SPECIAL ARTISTS SUCH AS FIESTA MEXICANA DANCERS AND SAMPRADAYA DANCE OF INDIA TO CELEBRATE DIVERSE CULTURES WITH OUR GUESTS. IN ADDITION, WE HAD THE PLEASURE OF DISPLAYING THE ARTWORK OF LOCAL ARTISTS AS WE CELEBRATED HISPANIC HERITAGE MONTH IN SEPTEMBER & OCTOBER AND NATIVE AMERICAN HERITAGE MONTH IN NOVEMBER. WE ALSO WELCOMED NINE AMAZING INDIVIDUALS INTO OUR IDEA FELLOWS PROGRAM THIS YEAR OFFERING SEMESTER-LONG, PAID FELLOWSHIP OPPORTUNITIES TO COLLEGE AND HIGH SCHOOL STUDENTS, GIVING THEM VALUABLE HANDS-ON EXPERIENCE WORKING ALONGSIDE MUSEUM STAFF IN OUR EDUCATION, EXHIBITS, MARKETING, AND INNOVATION & LEARNING DEPARTMENTS. ALL IN ALL, THE MUSEUM WELCOMED 360,583 VISITORS DURING FY 24-25.

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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 $5,041,133
Program Service Revenue $3,327,286
Investment Income $313,353
Other Revenue $419,580
TOTAL REVENUE $9,101,352

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,306,822
Fundraising Expenses $328,064
Program Expenses $3,893,626
Other Expenses $2,197,167
TOTAL EXPENSES $5,503,989

Year-over-Year Comparison

2024 2023 Change
Revenue $9,101,352 $7,664,944 +0.2%
Expenses $5,503,989 $5,367,673 +0.0%
Net Income $3,597,363 $2,297,271 +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
23
Independent Members
23
Employees
171
Volunteers
886

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
$370,325
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK REED CHAIR 4.00
Officer Director
$0 $0 $0
ANGEL JANNASCH-PENNELL PHD IMMEDIATE PAST CHAIR 4.00
Officer Director
$0 $0 $0
KRISTIN WINDTBERG VICE CHAIR 4.00
Officer Director
$0 $0 $0
SCOTT HORN TREASURER 4.00
Officer Director
$0 $0 $0
DONNA WILLIAMS SECRETARY 4.00
Officer Director
$0 $0 $0
BRIAN CAMPBELL DIRECTOR 2.00
Director
$0 $0 $0
STEPHANIE TRIBE DIRECTOR 2.00
Director
$0 $0 $0
RYAN HALE DIRECTOR 2.00
Director
$0 $0 $0
HEATH SCHEID DIRECTOR 2.00
Director
$0 $0 $0
ERICA MAXWELL DIRECTOR 2.00
Director
$0 $0 $0
GENNARO GARCIA DIRECTOR 2.00
Director
$0 $0 $0
KWEILIN WALLER DIRECTOR 2.00
Director
$0 $0 $0
LLOYD HOPKINS DIRECTOR 2.00
Director
$0 $0 $0
RITA BOSTICK DIRECTOR 2.00
Director
$0 $0 $0
SHAYLON LOVELL DIRECTOR 2.00
Director
$0 $0 $0
STEFANIE ZEBELMAN DIRECTOR 2.00
Director
$0 $0 $0
TERRY WOODBECK DIRECTOR 2.00
Director
$0 $0 $0
ALLISON OTU DIRECTOR 2.00
Director
$0 $0 $0
YESENIA SIMMONS DIRECTOR 2.00
Director
$0 $0 $0
KORY LEADON DIRECTOR 2.00
Director
$0 $0 $0
ROOPALI DESAI DIRECTOR 2.00
Director
$0 $0 $0
COLIN SEALE DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER TALERICO DIRECTOR 2.00
Director
$0 $0 $0
KATE WELLS CEO/PRESIDENT 40.00
Officer
$225,300 $12,416 $237,716
BETSY FERMON COO 40.00
Officer
$113,750 $18,859 $132,609
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 $9,101,352 $5,503,989 $17,633,342 $3,597,363
2024 $7,664,944 $5,367,673 $13,690,871 $2,297,271
2023 $6,728,243 $4,662,608 $11,280,484 $2,065,635
2022 $7,301,894 $3,865,494 $9,716,806 $3,436,400
2021 $2,998,120 $2,099,106 $6,140,651 $899,014
2020 $2,427,067 $3,376,485 $5,590,898 $-949,418
2019 $4,600,203 $4,465,674 $5,699,472 $134,529
2018 $4,455,119 $4,248,875 $5,548,812 $206,244
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