Arts, Culture, Humanities : Museums

The Franklin Institute

Inspiring a passion for science and technology learning

three stars

87.99

271 North 21st Street Philadelphia, PA 19103
tel: (215) 448-1130   Web Site
EIN: 23-1370501

Board Leadership
Donald E. Morel, Jr.
Chair of the Board of Trustees

CEO
Larry Dubinski
President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 87.99 three stars
  Financial 87.07 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.

In the spirit of inquiry and discovery embodied by Benjamin Franklin, the mission of The Franklin Institute is to inspire an understanding of and passion for science and technology learning. Founded in 1824, today The Institute is a vibrant 21st-century organization that continues to offer new and exciting access to science and technology in ways that would both amaze and delight Mister Benjamin Franklin. The Institute has become a dynamic agent of change through its rich array of internationally recognized exhibitions and programs, lectures and discussions themed to illuminate issues in contemporary science, community outreach initiatives particularly targeted to girls and to urban youth, and its series of innovative partnerships in public education.

In the spirit of inquiry and discovery embodied by Benjamin Franklin, the mission of The Franklin Institute is to inspire an understanding of and passion for science and technology learning. Founded in 1824, today The Institute is a vibrant 21st-century organization that continues to offer new and exciting access to science and technology in ways that would both amaze and delight Mister Benjamin Franklin. The Institute has become a dynamic agent of change through its rich array of internationally recognized exhibitions and programs, lectures and discussions themed to illuminate issues in contemporary science, community outreach initiatives particularly targeted to girls and to urban youth, and its series of innovative partnerships in public education.

Impact Information

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Financial

three stars

87.07

Accountability & Transparency

three stars

89.00

This rating was published 05/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
84.6%
  Administrative Expenses 10.4%
  Fundraising Expenses 4.9%
  Fundraising Efficiency $0.17
  Working Capital Ratio (years) 2.87
  Program Expenses Growth 2.6%
  Liabilities to Assets 10.9%
All data for Financial Performance Metrics calculations was provided by The Franklin Institute on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Franklin Institute on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $12,308,649
   Federated Campaigns $0
   Membership Dues $1,750
   Fundraising Events $799,343
   Related Organizations $0
   Government Grants $0
Total Contributions $13,109,742
   Program Service Revenue $24,924,802
Total Primary Revenue $38,034,544
   Other Revenue $2,141,107
TOTAL REVENUE $40,175,651
   
EXPENSES  
   Program Expenses $33,117,181
   Administrative Expenses $3,760,146
   Fundraising Expenses $2,082,628
TOTAL FUNCTIONAL EXPENSES $38,959,955
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,215,696
   
Net Assets $135,478,880

Charts

Compensation % of Expenses Paid to Title
$519,412 1.33% Larry Dubinski President, CEO

Mission

In the spirit of inquiry and discovery embodied by Benjamin Franklin, the mission of The Franklin Institute is to inspire an understanding of and passion for science and technology learning. Founded in 1824, today The Institute is a vibrant 21st-century organization that continues to offer new and exciting access to science and technology in ways that would both amaze and delight Mister Benjamin Franklin. The Institute has become a dynamic agent of change through its rich array of internationally recognized exhibitions and programs, lectures and discussions themed to illuminate issues in contemporary science, community outreach initiatives particularly targeted to girls and to urban youth, and its series of innovative partnerships in public education.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Franklin Institute (PA) 87.99 three stars
Museum of Science (MA) 90.09 four stars
Science Museum of Minnesota (MN) 86.93 three stars
Adler Planetarium (IL) 85.36 three stars
The Tech Museum of Innovation (CA) 95.79 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

The Franklin Institute
271 North 21st Street
Philadelphia, PA 19103
tel: (215) 448-1130
fax: (215) 448-1117
EIN: 23-1370501

Visit Web Site

Board Leadership

Donald E. Morel, Jr.
Chair of the Board of Trustees

CEO

Larry Dubinski
President and CEO