Florida Childrens Museum Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
CURATING THE WORLD FOR ALL CHILDREN TO EXPLORE
- Income
- $2.4 million
- Spending
- $3.2 million
- Spent on programs
- 84%
- Reserves
- 2.9 months of spending
- Largest source of income
- fees for its services, 64%
- Employees
- 39
- Volunteers
- 141
- Highest pay
- $106,017, chief executive officer
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 20% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
10 of 35Spendable reserves would cover 2.9 months of spending.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
0 of 15Spending exceeded income by 36% of income.
Income trend
5 of 15Income fell 15% on the year before.
Spending floor
15 of 1584% of spending went to programs and raising each dollar of donations cost 22 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 65% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 2519 of 19 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.7 million spent. FLORIDA CHILDREN'S MUSEUM, INC. (THE MUSEUM) CURATES THE WORLD FOR ALL CHILDREN TO EXPLORE. THE MUSEUM, A 501(C)(3) NONPROFIT ORGANIZATION, OPERATES UNDER SEVEN GUIDING PRINCIPLES:1) WE EDUCATE THROUGH PLAY.2) WE WELCOME ALL CHILDREN.3) OUR PEOPLE ARE OUR SECRET SAUCE.4) WE ARE HERE TO STAY.5) WE SERVE OUR COMMUNITY.6) OUR CHILDREN ARE SAFE AND SECURE.7) WE SERVE THE WHOLE FAMILY.(CONTINUED ON SCHEDULE O)THE MUSEUM OPENED IN DOWNTOWN LAKELAND, FLORIDA, IN 1991 AND PURCHASED THE FOUR-STORY HISTORIC KRESS BUILDING IN 1998. A NEW FACILITY DEBUTED IN LATE 2022 WHEN THE MUSEUM OPENED AS FLORIDA CHILDREN'S MUSEUM AT BONNET SPRINGS PARK IN A NEW, STATE-OF-THE-ART 47,800 SQUARE FOOT FACILITY. THE MUSEUM PRODUCES 2,600 EDUCATOR-DIRECTED PROGRAMS EACH YEAR IN ADDITION TO PRESENTING WORLD-CLASS, HANDS-ON EXHIBITS. FUNDING FOR EXHIBITS AND PROGRAMS IS DIVERSIFIED AND INCLUDES ADMISSION SALES, SPONSORSHIPS, GRANTS, AND PRIVATE DONATIONS. THE MUSEUM IS A "MUSEUMS FOR ALL" FACILITY, PROVIDING ACCESS TO FAMILIES WITH EBT CARDS FOR $3 ADMISSION PER PERSON. COMPLIMENTARY ADMISSIONS COMPRISED 15% OF TOTAL ADMISSIONS (2024-2025) AS GRANTS WERE OBTAINED TO ADMIT CHILDREN AND THEIR FAMILIES FOR FREE. IN FISCAL YEAR 2025, THE MUSEUM TRACKED 173,880 ADMISSIONS, 36,779 PROGRAM ATTENDEES AND 73,406 AT OUTREACH EVENTS FOR A TOTAL PUBLIC IMPACT OF 284,065 PEOPLE SERVED.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1991.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.