Childrens Museum Of Southern Minnesota
- Assets
- $4.0m
- Revenue
- $719.2k
- Investments
- $0.0
- Employees
- 35
- Location
- Mankato, MN
- Founding
- 06/2006
- Data as of
- 12/2020
- EIN
- 20-4351801
Organization Overview
Childrens Museum Of Southern Minnesota is located in Mankato, MN. The organization was established in 2006. According to its NTEE Classification (A52) the organization is classified as: Children's Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Childrens Museum Of Southern Minnesota employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Childrens Museum Of Southern Minnesota 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 12/2020, Childrens Museum Of Southern Minnesota generated $719.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
IGNITE THE NATURAL CURIOUSITY OF EVERY CHILD THROUGH THE POWER OF PLAY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDREN'S MUSEUM OF SOUTHERN MINNESOTA (CMSM) SEEKS TO IGNITE THE NATURAL CURIOSITY OF EVERY CHILD THROUGH THE POWER OF PLAY IN A DYNAMIC, AWE-INSPIRING ENVIRONMENT. CMSM STRIVES TO BE A CATALYST FOR BUILDING A STRONGER, MORE VIBRANT COMMUNITY AROUND PLAY SO THAT ALL CHILDREN IN OUR REGION SHARE IN A BRIGHT FUTURE OF OPPORTUNITY AND WELL-BEING. CMSM FEATURES PLACE-BASED EXHIBITS AND DYNAMIC HANDS-ON PROGRAMMING - ALL DESIGNED TO STIMULATE INQUIRY, SPARK CURIOSITY, AND REVEAL THE WONDER OF STEAM, AGRICULTURE, AND THE ARTS, WHILE ALSO CALLING ATTENTION TO THE CULTURE AND HERITAGE OF OUR REGION.CMSM IS TRULY UNIQUE TO OUR SOUTHERN MINNESOTA REGION, AND IT HAS INSPIRED THE JOY OF LEARNING THROUGH THE POWER OF PLAY FOR THOUSANDS OF CHILDREN AND ADULTS. CMSM WELCOMES NEARLY 100,000 VISITORS ANNUALLY, ENGAGING CHILDREN OF ALL AGES IN ITS INTERACTIVE EXHIBITS, FACILITATED PROGRAMMING, AND SPECIAL EVENTS.CMSM IS COMMITTED TO ENSURING ALL CHILDREN HAVE AN OPPORTUNITY TO PLAY AND LEARN AT THE MUSEUM. THROUGH FREE AND REDUCED MEMBERSHIPS AND ADMISSIONS, CMSM'S GATEWAY TO PLAY ACCESS INITIATIVES HAVE BROKEN DOWN BARRIERS AND OPENED THE DOOR TO MUSEUM PARTICIPATION FOR CHILDREN AND FAMILIES THAT MAY NOT OTHERWISE HAVE AN OPPORTUNITY TO EXPERIENCE THE MUSEUM. IN 2021, OVER 511 FREE MEMBERSHIPS, OR 28% OF ALL MEMBERSHIPS, WERE GIVEN TO FAMILIES WHO MET THE PROGRAM'S INCOME GUIDELINES; AND OVER 6531 VISITORS, ROUGHLY 12% OF ALL MUSEUM VISITORS, REPRESENTED AN "ACCESS" AUDIENCE. CMSM ALSO SERVES AS A POPULAR FIELD TRIP DESTINATION FOR AREA SCHOOL/EARLY LEARNING GROUPS, AND IN 2021 WELCOMED OVER 1380 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louise Dickmeyer CEO | Officer | 40 | $120,000 |
Christi Wilking Vice Chair | OfficerTrustee | 0.5 | $0 |
Shane Van Engen Treasurer | OfficerTrustee | 0.5 | $0 |
Heather Vonbank Secretary | OfficerTrustee | 0.5 | $0 |
Ann Hendricks Board Chair | OfficerTrustee | 0.5 | $0 |
Sue Schwickert Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $637,353 |
| Investment income | $1,244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$18,778 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,747 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $719,181 |
| Statement of Expenses | |
|---|---|
| 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. | $129,913 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $385,315 |
| Pension plan accruals and contributions | $6,687 |
| Other employee benefits | $35,604 |
| Payroll taxes | $36,448 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $56,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,684 |
| Advertising and promotion | $26,868 |
| Office expenses | $15,850 |
| Information technology | $41,958 |
| Royalties | $0 |
| Occupancy | $43,711 |
| Travel | $7,410 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $24,044 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $249,314 |
| Insurance | $19,376 |
| All other expenses | $0 |
| Total functional expenses | $1,103,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,238 |
| Savings and temporary cash investments | $215,898 |
| Pledges and grants receivable | $468,448 |
| Accounts receivable, net | $11,556 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $849 |
| Prepaid expenses and deferred charges | $6,784 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,040 |
| Total assets | $4,049,777 |
| Accounts payable and accrued expenses | $57,113 |
| Grants payable | $0 |
| Deferred revenue | $31,561 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $474,543 |
| Unsecured mortgages and notes payable | $155,300 |
| Other liabilities | $0 |
| Total liabilities | $718,517 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $3,331,260 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Childrens Museum Of Southern Minnesota has recieved totaling $502,776.
| Awarding Organization | Amount |
|---|---|
Mankato Area Foundation Mankato, MN PURPOSE: Program assistance. | $337,000 |
Glen A Taylor Foundation North Mankato, MN PURPOSE: OPERATIONS | $100,000 |
Mayo Clinic Group Return Rochester, MN PURPOSE: SUPPORT CHARITABLE PROGRAMS | $20,000 |
Olseth Foundation Minnetonka, MN PURPOSE: OPERATING | $15,000 |
Prairie Ecology Bus Center Lakefield, MN PURPOSE: Upkeep on displays and cost of programs | $13,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $5,073 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Childrens Museum St Paul, MN | $26,748,657 | $10,384,942 |
Madison Childrens Museum Foundation Inc Madison, WI | $2,957,823 | $4,551,726 |
Madison Childrens Museum Inc Madison, WI | $15,954,090 | $4,245,584 |
Childrens Museum Of Minot Inc Minot, ND | $8,405,291 | $5,178,685 |
Betty Brinn Childrens Museum Milwaukee, WI | $2,981,160 | $2,729,087 |
Iowa Childrens Museum Coralville, IA | $6,008,938 | $1,241,709 |
The Building For Kids Inc Appleton, WI | $2,957,593 | $1,489,772 |
Childrens Museum Of Southern Minnesota Mankato, MN | $4,049,777 | $719,181 |
The Works Bloomington, MN | $1,244,881 | $1,234,348 |
Childrens Museum Of Rochester Inc Rochester, MN | $1,539,691 | $1,082,163 |
Childrens Museum Of Fond Du Lac Inc Fond Du Lac, WI | $1,824,668 | $1,925,766 |
Childrens Museum Of Green Bay Inc Green Bay, WI | $1,539,907 | $886,140 |