Momi Museum of Imagination and Innovation a Nj Nonprofit Corp
Nonprofit profile at a glance
- EIN
- 831218106
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Basking Ridge, NJ, USA
- Phone
- 9083406101
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Children's Museums
Reported finances
- Revenue
- $55,497
- Expenses
- $133,391
- Assets
- $99,128
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- SARA SORENSON (PRESIDENT/CFO)
- BETH GELMAN (VICE PRESIDENT)
People named in this filing
- SARA SORENSON (PRESIDENT/CFO)
- BETH GELMAN (VICE PRESIDENT)
- JEFF GRAYZEL (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Momi museum of imagination and innovation is organized exclusively for the charitable and educational purposes of providing exhibits, programs and experiences in a safe and educational environment that stimulates curiosity and motivates learning for guests and patrons of all ages.
What it reported doing in 2024
An interactive park was constructed in morristownnew jersey. Its called the morris marketplacethinkspace
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 65% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -140.4%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.74; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 78.2% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 23.6% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 35% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $133K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.