Angel Charity for Children Inc

What it reported doing in 2024

Children's Museum Tucson - Angel Charity for Children has committed $1,000,000 to fund the renovation of the newly acquired building adjacent to Children's Museum Tucson (CMT), earmarked to become the new Education Center. Three new program areas in the center will expand the museum's reach to more children in the community and increase accessibility for children from Title I schools to attend field trips, afterschool programs, arts programs, and camps. The refurbished space will also include support areas for program development, provision of supplies, and direct engagement with program participants. The main entry hall will function as a welcome center for groups upon their arrival.Children's Museum Tucson has reached capacity in their current building, and with the completion of this project, estimates they will serve an additional 40,000 children in the first year alone, and welcome 60,000 more visitors annually. This 33% increase in total annual visitors will ensure that the museum remains an inclusive environment encouraging exploration and creativity for children across southern Arizona. CMT is dedicated to nurturing a love for learning by providing programs that foster curiosity and imagination for children of all abilities, focusing on Early Childhood Education, School Readiness, and the integration of Science, Technology, Engineering, the Arts, and Mathematics (STEAM) disciplines, all aligned with Arizona Academic Standards. Emphasizing "learning by doing" promotes enjoyable educational experiences for children and their accompanying parents/caregivers.With the community's demonstrated demand and the necessary programfunding and staff in place, CMT is poised to begin serving additional school groups and community programs immediately upon the completion of the building renovation. The museum will continue to offer subsidized access and reduced admission fees for children in need, ensuring equitable access to its offerings. Through these efforts, CMT seeks to deliver tangible outcomes and uphold its mission of inspiring children and families to realize their full potential through exploration, creativity, and lifelong learning.

Financial Efficiency

• Mission deployment rate: 77.3%; rating input score 77
• Program expense ratio: 85.3%; rating input score 85
• Fundraising efficiency: $1,845.23 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 13.6%; rating input score 68; 68th percentile among comparable filings
• Total-asset coverage ratio: 3.8; rating input score 80; 80th percentile among comparable filings
• Liabilities to assets ratio: 0.32; rating input score 24; 24th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 6.4% per year; rating input score 100; 49th percentile among comparable filings
• Revenue growth: 4.7% per year; rating input score 100; 42nd percentile among comparable filings
• Asset growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings