Rhode Island Museum of Science and Art
Nonprofit profile at a glance
- EIN
- 271255182
- IRS 990-EZ coverage
- 2017–2022
- Forms available
- Form 990-EZ 2022, Form 990-N 2016
- Location
- Saunderstown, RI, USA
- Phone
- 4014873521
- Rating
- 35
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Museum, Museum Activities
Reported finances
- Revenue
- $61,616
- Expenses
- $55,515
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Oscar Timothy Hebert (President)
- Kurt Harrington (Vice President)
- Bonnie Epstein Silverman (Secretary and Executive Director)
People named in this filing
- Oscar Timothy Hebert (President)
- Kurt Harrington (Vice President)
- Bonnie Epstein Silverman (Secretary and Executive Director)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To utilize Rhode Island's rich resources in the arts and sciences to create a distinctive, highly interactive, informal learning center.
What it reported doing in 2022
MUSEUM: In 2017, RIMOSA opened exhibit space in Providence. We continued our traveling programming throughout the state, but our physical hub at 763 Westminster Street allowed people to experience our exhibits and activities as individuals, in multi-generational family groups, or through school or camp field trips, on a walk-in basis and on their schedule. Because RIMOSA experiences were physically interactive and tactile and because - as they were open-ended - they had no set way to interact with them, they were very effective in reaching a wide range of ages and types of learning styles. Although the pandemic continued to decrease out in-person opportunities, we expanded upon our kits of new, physical materials which were delivered to the homes of Rhode Island school children and allowed them to participate in our online programs while still maintaining our commitment to hands-on learning. Just in the year 2021, we sent kits to over 279 individuals and engaged them in over 136 hours of hands-on, open ended, STEAM (science, technology, engineering, art and math) programming. In 2022, as support for institutions affected by the pandemic waned, RIMOSA was unable to keep up and closed our doors. Our property was transferred to another local STEAM non-profit, the Rhode Island Computer Museum.
Operating model
- Revenue model
- Earned-program. 81% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 36
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.9%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -47.9% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -5.7% per year; rating input score 0; 37th percentile among comparable filings
- Asset growth: -15.4% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2017 to 2022
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.