Moco Kidsco Inc

What it reported doing in 2024

In its eleventh year of operations, and its fourth at the flagship location at bethesda metro center, kid museum is open six days a week, serving thousands of children, families, and educators each year with a range of innovative programs. Its programs are built around hands-on, transformative learning experiences that build skills in coding, engineering design, and invention, and prepare kids to take on life's challenges with creativity, curiosity, and compassion.1) out of school time programskid museum provides youth with the skills and expanded mindset to become innovators of the future through engaging, hands-on programming from week-long summer camps and daily camps, to multi-week after-school classes and middle school maker nights. In addition, the museum provides vibrant weekend experiences designed to engage the whole family. In fy25, kid museum continued its in-person weekend programming, serving visitors through open explore time, birthday parties, workshops, and community celebrations.2) school programskid museum offers rigorous, curriculum based programs, with a series of experiences that combine technical skills (eg. Coding, electronics, engineering design) with 21st century learning including critical thinking, creativity, and collaboration. The annual invent the future challenge brings these learning experiences to thousands of area middle school students. The museum also provides rigorous, standards-aligned curricular programs for elementary students, reaching thousands of students including those from title i and high-poverty schools through the kid inventors program. In addition, kid museum reaches thousands of students through single visit maker discovery field trips, exploring hands-on technical and building skills, as well as deep dive workshops and open build experiences in which students pursue their own project builds. Kid museum also continued its partnerships with independent schools and nonprofit organizations to broaden the access and reach of its programs to students and teachers.3) teen programskid museum's teen volunteer program trains high school students to guide visitors through hands-on explorations. These trained students then serve as activity facilitators during afterschool programs, family weekend programs, and at camps. In fy25, kid museum also continued its intensive teen innovators program that allowed teens to delve into stem, maker, and leadership activities, as well as strengthen their tech and maker skills. All cohorts of the teen program explore college and career opportunities in stem and non-stem fields.4) educator programskid museum's professional development provides educators with the skills, resources, and inspiration needed to successfully integrate stem-based maker education into everyday classrooms. In fy25, kid museum continued its model for supporting schools in systemic integration of maker learning in the classroom. Teachers delivered a student curriculum, participated in cohort-wide training workshops, and partnered with kid museum staff for individualized coaching.5) community engagementin fy25, kid museum further refined its community engagement function, performing outreach to local and regional communities at little to no cost to the participants. Kid also collaborated with other community organizations to continue to broaden its reach and deepen partnerships in the region. Students and families that are traditionally underrepresented in stem participated in programs within their schools and communities as well as at kid museum during the week and weekends. Kid museum also built out its research and evaluation function to further refine its impact in the communities served by these programs.

Financial Efficiency

• Mission deployment rate: 79.2%; rating input score 79
• Program expense ratio: 72.1%; rating input score 72
• Fundraising efficiency: $7.46 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 91.7%; rating input score 92; 22nd percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -9.5%; rating input score 14; 14th percentile among comparable filings
• Total-asset coverage ratio: 1.51; rating input score 52; 52nd percentile among comparable filings
• Liabilities to assets ratio: 0.94; rating input score 6; 6th percentile among comparable filings
• Officer compensation ratio: 13.3%; rating input score 22; 22nd percentile among comparable filings

Growth

• Program expense growth: 23.1% per year; rating input score 100; 88th percentile among comparable filings
• Revenue growth: 22.2% per year; rating input score 100; 90th percentile among comparable filings
• Asset growth: 28.9% per year; rating input score 100; 92nd percentile among comparable filings