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Arts, Culture, Humanities : Museums

Museum of Science and Industry, Chicago

Inspiring the inventive genius in everyone

four stars

93.07

5700 South Lake Shore Drive Chicago, IL 60637
tel: (773) 684-1414   Web Site
EIN: 36-2167797

Board Leadership
Christopher M. Crane
Chairman

CEO
David R. Mosena
President

  Score
(out of 100)
Rating
Overall Score & Rating 93.07 four stars
  Financial 91.06 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Museum of Science and Industry, Chicago (MSI), the largest science museum in the Western Hemisphere, is home to more than 35,000 artifacts and more than 400,000 square feet of hands-on experiences designed to spark scientific inquiry and creativity. Since opening our doors in 1933, we've welcomed more than 180 million guests from around the world.
Our mission, to inspire the inventive genius in everyone, is realized through our world-class interactive science exhibitions. Even bigger than our mission is our vision: to inspire and motivate our children to achieve their full potential in the fields of science, technology, medicine and engineering. The Museum's Center for the Advancement of Science Education (CASE) is continually developing and facilitating science teacher education courses, youth development programs, student Learning Labs, after-school science clubs and engaging guest experiences - all ways in which MSI makes science come alive for guests of all ages.

The Museum of Science and Industry, Chicago (MSI), the largest science museum in the Western Hemisphere, is home to more than 35,000 artifacts and more than 400,000 square feet of hands-on experiences designed to spark scientific inquiry and creativity. Since opening our doors in 1933, we've welcomed more than 180 million guests from around the world.
Our mission, to inspire the inventive genius in everyone, is realized through our world-class interactive science exhibitions. Even bigger than our mission is our vision: to inspire and motivate our children to achieve their full potential in the fields of science, technology, medicine and engineering. The Museum's Center for the Advancement of Science Education (CASE) is continually developing and facilitating science teacher education courses, youth development programs, student Learning Labs, after-school science clubs and engaging guest experiences - all ways in which MSI makes science come alive for guests of all ages.

Impact Information

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Financial

four stars

91.06

Accountability & Transparency

four stars

96.00

This rating was published 04/01/2020 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)
79.5%
  Administrative Expenses 12.7%
  Fundraising Expenses 7.7%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 3.02
  Program Expenses Growth 7.6%
  Liabilities to Assets 23.9%
All data for Financial Performance Metrics calculations was provided by Museum of Science and Industry, Chicago on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Museum of Science and Industry, Chicago on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Museum of Science and Industry, Chicago (IL) 93.07 four stars
Science Museum of Virginia Foundation (VA) 89.15 three stars
Museum of Discovery and Science (FL) 91.60 four stars
Living Arts & Science Center (KY) 89.38 three stars
COSI Center of Science and Industry (OH) 87.66 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $48,961,599
   Federated Campaigns $0
   Membership Dues $3,336,636
   Fundraising Events $2,139,996
   Related Organizations $0
   Government Grants $5,894,428
Total Contributions $60,332,659
   Program Service Revenue $21,100,308
Total Primary Revenue $81,432,967
   Other Revenue $5,616,315
TOTAL REVENUE $87,049,282
   
EXPENSES  
   Program Expenses $54,834,287
   Administrative Expenses $6,360,800
   Fundraising Expenses $4,555,734
TOTAL FUNCTIONAL EXPENSES $65,750,821
   
Payments to Affiliates $0
Excess (or Deficit) for the year $21,298,461
   
Net Assets $214,546,796

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Permanent Exhibitions $34,912,457 63.7%
Educational Programs and Activities $11,270,282 20.5%
Museum and Operations $5,881,212 10.7%

Ratings History
Museum of Science and Industry, Chicago has received 2 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 04/01/2020 93.07 four stars
2017-12 06/01/2019 90.96 four stars
2016-12 04/01/2018 85.34 three stars
2015-12 03/01/2017 85.81 three stars
2014-12 06/01/2016 76.64 two stars
 
CN 2.0
2014-12 12/22/2015 80.07 three stars
2013-12 06/01/2015 78.48 two stars
2012-12 04/01/2014 77.16 two stars
2011-12 03/01/2013 78.89 two stars
2010-12 04/01/2012 85.55 three stars
2009-12 09/20/2011 84.40 three stars
 
CN 1.0
2009-12 02/01/2011 83.03 three stars
2008-12 04/01/2010 80.32 three stars
2007-12 08/01/2009 85.82 three stars
2006-12 07/01/2008 82.16 three stars
2005-12 12/01/2007 80.30 three stars
2004-12 03/01/2006 69.18 one star
2003-12 05/01/2005 78.74 two stars
2002-12 05/01/2004 71.89 two stars
2001-12 04/15/2003 69.67 one star

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-2167797
Name in IRS Master File MUSEUM OF SCIENCE AND INDUSTRY
NTEE Code A57
NTEE Classification Science and Technology Museums
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 1938
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$695,977 1.05% David R. Mosena President

Highly Rated

Charity Name & State Overall Score Overall Rating
Museum of Science and Industry, Chicago (IL) 93.07 four stars
Museum of Discovery and Science (FL) 91.60 four stars
Science Museum of Minnesota (MN) 91.40 four stars
Living Arts & Science Center (KY) 89.38 three stars
South Florida Science Center and Aquarium (FL) 93.47 four stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Museum of Science and Industry, Chicago
5700 South Lake Shore Drive
Chicago, IL 60637
tel: (773) 684-1414
TTY: (773) 753-1351
EIN: 36-2167797

Visit Web Site

Board Leadership

Christopher M. Crane
Chairman

CEO

David R. Mosena
President

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