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Museum of Science

 1 Science Park
 Boston, MA 02114
[P] (617) 589-0100
[F] (617) 589-0454
www.mos.org
apizzolato@mos.org
Jim Kraus
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INCORPORATED: 1831
 Printable Profile (Summary / Full)
EIN 04-2103916

LAST UPDATED: 07/10/2017
Organization DBA --
Former Names Boston Society of Natural History (1968)
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

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Mission StatementMORE »

The Museum's mission is to play a leading role in transforming the nation's relationship with science and technology. This role becomes ever more important as science and technology shape and reshape our lives and world, and it means we:
  • Promote active citizenship informed by the world of science and technology
  • Inspire lifelong appreciation of the importance and impact of science and engineering
  • Encourage young people of all backgrounds to explore and develop their interests in understanding the natural and human-made world

To do this, we will continue to build our position as a leader in the world's museum community and use our educational perspective as an informal learning institution to help the formal pre K-12 education system.

Mission Statement

The Museum's mission is to play a leading role in transforming the nation's relationship with science and technology. This role becomes ever more important as science and technology shape and reshape our lives and world, and it means we:
  • Promote active citizenship informed by the world of science and technology
  • Inspire lifelong appreciation of the importance and impact of science and engineering
  • Encourage young people of all backgrounds to explore and develop their interests in understanding the natural and human-made world

To do this, we will continue to build our position as a leader in the world's museum community and use our educational perspective as an informal learning institution to help the formal pre K-12 education system.


FinancialsMORE »

Fiscal Year July 01, 2016 to June 30, 2017
Projected Income $56,495,000.00
Projected Expense $56,392,000.00

ProgramsMORE »

  • Educational Programs
  • Yawkey Gallery on the Charles River and Renovations to our Lobby

Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

The Museum's mission is to play a leading role in transforming the nation's relationship with science and technology. This role becomes ever more important as science and technology shape and reshape our lives and world, and it means we:
  • Promote active citizenship informed by the world of science and technology
  • Inspire lifelong appreciation of the importance and impact of science and engineering
  • Encourage young people of all backgrounds to explore and develop their interests in understanding the natural and human-made world

To do this, we will continue to build our position as a leader in the world's museum community and use our educational perspective as an informal learning institution to help the formal pre K-12 education system.


Background Statement

One of the world's largest science centers and Boston's most attended cultural institution, the Museum of Science introduces about 1.5 million visitors a year to science, technology, engineering, and math (STEM) via dynamic programs, over 700 interactive exhibits, and K-12 curricula products.

Founded in 1830 as the Boston Society of Natural History, the Museum is located on the Charles River with spectacular views of the Boston and Cambridge skylines. It was the first museum to embrace all the sciences under one roof. Its landmark, long-range exhibits plan,“Science Is an Activity,”encourages visitors to practice scientific thinking skills. The approach is unique in the museum world. The plan has been awarded many National Science Foundation grants and influenced exhibit development at other science centers.Other highlights include the Thomson Theater of Electricity, home of the world’s largest air-insulated Van de Graaff generator; the newly transformed Charles Hayden Planetarium; the Mugar Omni Theater, a 180-degree domed theater; the 3-D Digital Cinema; Colossal Fossil: Triceratops Cliff; the nation's first rooftop Wind Turbine Lab, a Butterfly Garden, and a gallery challenging the boundaries between science and art. The Museum is also the first science and technology center in the United States to earn accreditation by the Association of Zoos and Aquariums, home to over 120 animals representing some 50 species.

In 1999, the Museum of Science incorporated The Computer Museum, bringing its focus on computing technology and most engaging interactive exhibits to Science Park. In 2001, the Museum opened The Gordon Current Science & Technology Center, which offers breaking news with interpretation by Museum educators and presentations by the scientists and inventors involved. The only science museum in the United States with a plan to advance technological literacy in museums and schools nationwide, the Museum of Science launched the National Center for Technological Literacy® (NCTL®) in 2004. The NCTL advances technological literacy through advocacy and partnerships with government, education and industry leaders, in schools by helping states modify educational standards and assessments, by designing K-12 engineering materials, and by offering educators professional development.


Impact Statement

FY15 Recent Accomplishments

· Sir Timothy Berners-Lee (Inventor of the World Wide Web), Michael R. Bloomberg (Founder of Bloomberg LP & Bloomberg Philanthropies, 108th Mayor of New York City), and Richard Saul Wurman (Creator, curator, and chair of TED from 1984-2002) accepted the 2014 Bradford Washburn Award.

· The Gordon Foundation awarded the Museum a $5 million grant to fund engineering curriculum and programming. This gift will significantly expand the Museum’s ability to transform engineering and technology education and inspire young people to embrace the reward and rigors of becoming engineering leaders.

· The Museum honored its 2015 Star of STEM, Microsoft, with Dan’l Lewin their corporate vice president for technology and civic engagement accepting the award at the institution’s annual signature event, The Science Behind the Stars.

· The Museum raised $850,000 through major gifts and a social media campaign to make the triceratops fossil known as Cliff a part of our permanent collection.

· The Cummings Foundation awarded the Museum $2.5 million to fund the renovation of the Lobby and Concourse as well as the construction of the new Yawkey Gallery on the Charles River.

· This fiscal year marked the end the Museum’s first capital campaign, which far surpassed the goal of $250 million. The funds raised have been used to create new exhibits and educational programming, upgrades to our facilities that add value to the visitor experience and improve environmental sustainability practices, and expand its K-12 engineering curriculum.

Current-Year Goals (FY16):

• Maintain and grow our annual attendance, which averages approximately 1.4 million visitors.

• Continuing to engage annually over 100,000 students throughout New England with our Traveling Programs, and continue to publish our award-winning K-12 engineering curricula, which has reached over 9 million students nationally via over 30,000 teachers.


Needs Statement

  1. Endowment: $100-$150 million
  2. Building – capital investment and deferred maintenance: $50-$100 million
  3. Education investment funds, permanent and traveling exhibits: $10-$20 million
  4. Technology infrastructure: $5 million
  5. General refreshment and refurbishment to keep the Museum modern, up to code and attractive to visitors: $5-$10 million

CEO Statement

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Board Chair Statement

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Geographic Area Served

STATEWIDE
NATIONAL
INTERNATIONAL
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Organization Categories

  1. Arts,Culture & Humanities - Science & Technology Museums
  2. Science & Technology - Science & Technology NEC
  3. Education - Educational Services

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Under Development

Programs

Educational Programs

Since forming the National Center for Technological Literacy® in 2004, the Museum of Science has played a leading role in introducing engineering curriculum in America’s K-12 classrooms. We have developed an award-winning series of textbooks through initiatives
like Engineering is Elementary, Building Math, and Engineering the Future, and we have provided essential training to educators through workshops.
 
The Museum of Science has made STEM education—science, technology, engineering, math—a priority in our Campaign fund-raising efforts. Having reached approximately 35,500 teachers and close to 3 million students in all 50 states, the Museum’s K-12 curriculum is bringing engineering education to the forefront to help the United States gain an edge in technological literacy.
 
The Museum of Science is emerging as a substantial contributor to the cultural life of the community through our Art & Science Gallery and a robust program of adult offerings and community forums.
Budget  $3,100,000.00
Category  Arts, Culture & Humanities, General/Other Museum Education
Population Served Children and Youth (0 - 19 years) Families General/Unspecified
Program Short-Term Success  --
Program Long-Term Success  --
Program Success Monitored By  --
Examples of Program Success  --

Yawkey Gallery on the Charles River and Renovations to our Lobby

Anticipated to open in late 2015, the 3-story Yawkey Gallery on the Charles River will be a 5,000 square-foot the centerpiece of the Museum’s reno­vated lobby, entrance, and box office. Using the river as backdrop, visitors will learn how the natural world and the engineered world are connected and interdependent

The first comprehensive makeover of the lobby since its construction will revive the look, feel, and function of the space. New windows will be installed on the river side of the lobby, from the ground floor to the ceiling. This new glass will be electro-chromatically tinted and connected to solar sensors, so the amount of direct sunlight into the lobby can be controlled. In addition, the Museum’s commitment to environmental sus­tainability will be signaled outside, with a living green wall on the five-story parking garage and a cistern positioned to collect rain water from the garage roof.

 

Budget  $21,000,000.00
Category  Arts, Culture & Humanities, General/Other Museum Education
Population Served Children and Youth (0 - 19 years) Families General/Unspecified
Program Short-Term Success      
Program Long-Term Success      
Program Success Monitored By     
Examples of Program Success     

CEO/Executive Director/Board Comments

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Management


CEO/Executive Director Dr. Ioannis Miaoulis
CEO Term Start Jan 2003
CEO Email information@mos.org
CEO Experience --
Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
American Association of Museums - 10 Year Accreditation --
American Zoos and Aquariums Association - Accreditation --
Association of Science and Technology Centers --

Collaborations

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CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 341
Number of Part Time Staff 83
Number of Volunteers 607
Number of Contract Staff 280
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 0
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 341
Other (if specified): --
Gender Female: 0
Male: 0
Not Specified 341

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 5
Management Succession Plan --
Business Continuity of Operations Plan --
Organization Policies And Procedures Yes
Nondiscrimination Policy Yes
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy --
State Charitable Solicitations Permit Yes
State Registration Yes

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Annually
Senior Management Formal Evaluation and Frequency Yes Annually
Non Management Formal Evaluation and Frequency Yes Annually

Governance


Board Chair Ms. Gwill E. York
Board Chair Company Affiliation Lighthouse Capital Partners
Board Chair Term July 2015 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Mr. John E. Abele not available NonVoting
Dr. Vernon R. Alden not available NonVoting
Mr. Richard I. Anders not available Voting
Mr. J.P. Barger not available NonVoting
Mr. Jeffrey R. Beir not available Voting
Mrs. Christine P. Bellon not available Voting
Mr. Warren S. Berg not available NonVoting
Mr. Joshua Boger not available Voting
Mr. Alexis Borisy not available Voting
Mrs. Jane C. Bradley not available NonVoting
Mr. Richard M. Burnes Jr. not available Voting
Mr. Richard A. Carpenter not available Voting
Dr. Mitchell D. Chester not available Voting
Mr. Yet-Ming Chiang not available Voting
Mr. Stephen E. Coit not available Voting
Mrs. Stacy Lorraine Cowan not available Voting
Mrs. Brit J. d’Arbeloff not available NonVoting
Mrs. Edith LaC. Dabney not available NonVoting
Ms. Nancy E. Dempze not available Voting
Dr. Sally L. Dias not available NonVoting
Mr. Gary T. DiCamillo not available Voting
Dr. Richard A. DiPerna not available Voting
Dr. Deborah Dunsire not available Voting
Mr. George P. Edmonds Jr. not available NonVoting
Mr. Paul Egerman not available Voting
Dr. David W. Ellis not available NonVoting
Mr. John A. Fibiger not available NonVoting
Mrs. Gretchen S. Fish not available Voting
Dr. Walter J. Gamble not available NonVoting
Mr. M. Dozier Gardner not available NonVoting
Ms. Diane R. Gordon not available NonVoting
Dr. Paul E. Gray not available NonVoting
Mr. Gary R. Gregg not available Voting
Ms. Helen Greiner not available Voting
Mr. Steven Haley not available Voting
Mrs. Daphne Hatsopoulos not available NonVoting
Mrs. Julie E. Henry not available NonVoting
Ms. Emily C. Hood not available NonVoting
Ms. Carol Ann Kania not available Voting
Dr. Donald M. Kaplan not available Voting
Mr. Wayne M. Kennard not available Voting
Mr. Ranch C. Kimball not available Voting
Ms. Wendy W. Kistler not available Voting
Mr. Gerald C. Kohn not available Voting
Ms. Maria Lewis Kussmaul not available Voting
Ms. Pam Lassiter not available Voting
Dr. Kenneth D. Legg not available Voting
Dr. Frederick H. Lovejoy Jr. not available NonVoting
Mr. William A. Lowell not available NonVoting
Ms. Joy Lucas not available Voting
Mr. Kurt Melden not available Voting
Dr. Ioannis N. Miaoulis Museum of Science Voting
Mrs. Elizabeth Moore not available Voting
Ms. Laura Barker Morse not available Voting
Mrs. Elinor P. Nichols not available NonVoting
Mr. James R. Nichols not available NonVoting
Ms. Alison Nolan not available Voting
Mr. Kenneth J. Novack not available NonVoting
Mr. William R. O'Reilly Jr. not available Voting
Mrs. Jane Pappalardo not available NonVoting
Mr. Thomas J. Pincince not available Voting
Mr. Johan Pontin not available Voting
Mr. Eugene E. Record Jr. not available Voting
Mr. John F. Reno not available NonVoting
Ms. Elizabeth G. Riley not available Voting
Ms. Carol Sanchez CPA not available Voting
Mr. Preston H. Saunders not available NonVoting
Dr. George Scangos not available Voting
Mr. William Schawbel not available NonVoting
Mr. Matthew D. Shedd not available NonVoting
Mr. Malcolm L. Sherman not available Voting
Mr. Lawrence A. Siff not available Voting
Dr. Ralph Z. Sorenson not available NonVoting
Mr. Ira Stepanian not available NonVoting
Dr. Howard H. Stevenson not available Voting
Mrs. Joan C. Suit not available NonVoting
Mr. William H. Swanson not available Voting
Mr. Henri A. Termeer not available Voting
Dr. Samuel O. Thier not available NonVoting
Mr. Michael G. Thonis not available Voting
Mr. Hal R. Tovin not available Voting
Mr. Neil W. Wallace not available NonVoting
Mr. D. Reid Weedon Jr. not available NonVoting
Mr. Sinclair Weeks Jr. not available NonVoting
Ms. Gwill E. York not available Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 2
Asian American/Pacific Islander: 6
Caucasian: 92
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 32
Male: 68
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits 4
Board Meeting Attendance % --
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 98%
Percentage of In-Kind Contributions --
Constituency Includes Client Representation Yes

Standing Committees

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CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2016 2015 2014
Total Revenue $63,612,000 $71,520,000 $78,556,000
Total Expenses $72,628,000 $67,455,000 $63,974,000

Prior Three Years Revenue Sources

Fiscal Year 2016 2015 2014
Foundation and
Corporation Contributions
-- $14,197,000 $12,739,000
Government Contributions $5,418,000 $7,479,000 $7,513,000
    Federal -- $7,146,000 $7,171,000
    State -- $333,000 $342,000
    Local -- -- --
    Unspecified $5,418,000 -- --
Individual Contributions $12,308,000 $5,059,000 $2,622,000
Indirect Public Support -- -- --
Earned Revenue $26,863,000 $28,520,000 $26,076,000
Investment Income, Net of Losses $-2,943,000 $2,000 $17,034,000
Membership Dues $7,710,000 $6,933,000 $7,233,000
Special Events -- -- --
Revenue In-Kind $4,629,000 $7,135,000 $3,205,000
Other $9,627,000 $2,195,000 $2,134,000

Prior Three Years Expense Allocations

Fiscal Year 2016 2015 2014
Program Expense $45,768,000 $43,566,000 $40,814,000
Administration Expense $21,806,000 $19,069,000 $18,917,000
Fundraising Expense $5,054,000 $4,820,000 $4,243,000
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 0.88 1.06 1.23
Program Expense/Total Expenses 63% 65% 64%
Fundraising Expense/Contributed Revenue 29% 18% 19%

Prior Three Years Assets and Liabilities

Fiscal Year 2016 2015 2014
Total Assets $232,406,000 $242,365,000 $237,019,000
Current Assets $28,318,000 $35,400,000 $34,121,000
Long-Term Liabilities $8,662,000 $9,336,000 $9,241,000
Current Liabilities $10,692,000 $10,961,000 $9,775,000
Total Net Assets $213,052,000 $222,068,000 $218,003,000

Prior Three Years Top Three Funding Sources

Fiscal Year 2016 2015 2014
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
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Financial Planning

Endowment Value $96,410,000.00
Spending Policy Percentage
Percentage(If selected) 5.0%
Credit Line Yes
Reserve Fund Yes
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? Yes

Short Term Solvency

Fiscal Year 2016 2015 2014
Current Ratio: Current Assets/Current Liabilities 2.65 3.23 3.49

Long Term Solvency

Fiscal Year 2016 2015 2014
Long-term Liabilities/Total Assets 4% 4% 4%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in the charts and graphs above are per the organization's audited financials and reflects both operating and non-operating revenue. Revenue breakout detail for FY15 and FY14 was provided by the nonprofit. Contributions from foundations and corporations are listed under individuals as the breakout was not available.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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