What is Please Touch Museum?
Please Touch Museum is a nationally recognized institution dedicated to transforming children's lives through the power of learning through play. It is renowned for its innovative approach to early childhood education and engagement. Despite a temporary closure due to the COVID-19 pandemic, the museum has been actively planning its re-opening, emphasizing strict adherence to public health guidelines. This strategic focus on safety and operational readiness is crucial for its continued impact.
How much funding has Please Touch Museum raised?
Please Touch Museum has raised a total of $1.8M across 3 funding rounds:
Grant
$750K
Debt
$350K
Debt
$733K
Grant (2016): $750K with participation from Pew Center for Arts & Heritage
Debt (2020): $350K led by PPP
Debt (2021): $733K supported by PPP
Key Investors in Please Touch Museum
Pew Center for Arts & Heritage
The Pew Center for Arts & Heritage is a grantmaker and knowledge-sharing hub focused on fostering a diverse cultural ecology and enhancing public life through substantial artistic work. It supports imaginative programs and events, aiming to position Greater Philadelphia as a renowned destination for unique cultural experiences.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Please Touch Museum?
The recent major strategic investment, alongside previous grant and debt financing, positions Please Touch Museum for a robust re-opening and sustained operational capacity. The infusion of capital, particularly the recent debt financing, suggests a focus on maintaining liquidity and covering operational expenses during its closure and for the period immediately following its re-opening. This financial backing is critical for the museum to continue its mission of fostering learning through play and serving its community.
See full Please Touch Museum company page
