Minnesota Discovery Center
- Assets
- $14.9m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 76
- Location
- Chisholm, MN
- Founding
- 08/2005
- Data as of
- 06/2021
- EIN
- 20-2503955
Organization Overview
Minnesota Discovery Center is located in Chisholm, MN. The organization was established in 2005. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Minnesota Discovery Center employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Discovery Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Minnesota Discovery Center generated $2.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $2.3m during the year ending 06/2021. While expenses have increased by 4.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MDC TRANSPORTS AREA RESIDENTS AND GUESTS TO A SPACE WHERE THEY CAN CONNECT WITH THE IRON RANGE'S STORIED PAST WHILE CREATING LASTING MEMORIES THAT HONOR THE REGION'S UNIQUE HUMAN AND NATURAL HISTORY.
Describe the Organization's Program Activity:
BUILDING AND GROUNDS:IN GENERAL, THESE EXPENSES INCLUDE MAINTAINING OUR PHYSICAL PLANT, HISTORIC STRUCTURES, AND GENERAL OPERATIONAL SUPPLIES FOR OUR MUSEUM AND LIBRARY.
VISITOR SERVICES:THE VISITOR SERVICES EXPENSE IN USED TO PROVIDE PROGRAMMING IN SUPPORT OF OUR CULTURAL AND EDUCATIONAL MISSION. FUNDS ARE USED TO PAY STAFF, PERFORMERS, LICENSING AGREEMENTS, AND OTHER LIKE EXPENSES.
MUSEUM & RESEARCH:THE MUSEUM AND RESEARCH LIBRARY PROVIDES AN EDUCATIONAL EXPERIENCE TO OUR PATRONS. THIS EXPERIENCE IS THROUGH EXHIBITION, RESEARCH, LECTURES AND TOURS. OTHER EDUCATIONAL PROGRAMS ARE OFFERED TO OUR PATRONS BASED ON VARIOUS EXHIBITS AND EVENTS. THESE EXPENSES ALSO INCLUDE ADMINISTRATIVE COSTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Johnson Executive Director | Officer | 40 | $96,331 |
Michael Fredeen Chair | OfficerTrustee | 0.8 | $0 |
Jessalyn Sabin Vice Chair | OfficerTrustee | 0.8 | $0 |
Robin Harkonen Treasurer | OfficerTrustee | 0.8 | $0 |
Anna Ruper Secretary | OfficerTrustee | 0.8 | $0 |
Aden Casey Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,938,344 |
| All other contributions, gifts, grants, and similar amounts not included above | $147,786 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,086,130 |
| Total Program Service Revenue | $134,246 |
| Investment income | $416,171 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,565 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $70,014 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,716,934 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $109,223 |
| Compensation of current officers, directors, key employees. | $33,740 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $927,503 |
| Pension plan accruals and contributions | $17,115 |
| Other employee benefits | $12,348 |
| Payroll taxes | $75,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $227,551 |
| Advertising and promotion | $31,344 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $143,604 |
| Travel | $7,031 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $485 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $291,330 |
| Insurance | $55,602 |
| All other expenses | $62,189 |
| Total functional expenses | $2,327,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $335,946 |
| Savings and temporary cash investments | $569,969 |
| Pledges and grants receivable | $350,269 |
| Accounts receivable, net | $2,597 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,689 |
| Prepaid expenses and deferred charges | $59,181 |
| Net Land, buildings, and equipment | $2,762,051 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,790,123 |
| Total assets | $14,909,825 |
| Accounts payable and accrued expenses | $346,871 |
| Grants payable | $0 |
| Deferred revenue | $32,533 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $19,831 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $170,202 |
| Other liabilities | $230,700 |
| Total liabilities | $800,137 |
| Net assets without donor restrictions | $3,319,565 |
| Net assets with donor restrictions | $10,790,123 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $14,909,825 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Minnesota Discovery Center has recieved totaling $442,684.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $440,118 |
Minnesota Power Foundation Duluth, MN PURPOSE: SCIENCE & ENGINEERING FESTIVAL | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $66 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |
Woodbury Leadership Academy Woodbury, MN | $4,350,331 | $5,912,313 |
Uw-Platteville Real Estate Foundation Inc Platteville, WI | $45,856,338 | $5,901,983 |
Barr Center St Louis Park, MN | $8,287,138 | $8,108,042 |
Great Mn Schools Minneapolis, MN | $411,897 | $3,619,260 |
Iowa Western Community College Foundation Council Bluffs, IA | $36,011,501 | $4,880,435 |
West River Foundation Sturgis, SD | $7,568,333 | $3,921,124 |
Sicangu Owayawa Oti-Rosebud Dormitory Mission, SD | $5,924,789 | $2,325,210 |