Wonderlab-Museum Of Science Health & Technology Inc
- Assets
- $4.1m
- Revenue
- $968.4k
- Investments
- $0.0
- Employees
- 52
- Location
- Bloomington, IN
- Founding
- 09/1995
- Data as of
- 10/2022
- EIN
- 35-1956521
Organization Overview
Wonderlab-Museum Of Science Health & Technology Inc is located in Bloomington, IN. The organization was established in 1995. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 10/2022, Wonderlab-Museum Of Science Health & Technology Inc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wonderlab-Museum Of Science Health & Technology Inc 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 10/2022, Wonderlab-Museum Of Science Health & Technology Inc generated $968.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $1.4m during the year ending 10/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WONDERLAB MUSEUM OF SCIENCE, HEALTH AND TECHNOLOGY IS A PREMIER CENTER FOR INFORMAL SCIENCE EDUCATION AND DISCOVERY. WONDERLAB PROVIDES OPPORTUNITIES FOR PEOPLE OF ALL AGES, ESPECIALLY CHILDREN, TO EXPERIENCE THE WONDER AND EXCITEMENT OF SCIENCE THROUGH HANDS-ON EXHIBITS AND PROGRAMS THAT STIMULATE CURIOSITY, ENCOURAGE EXPLORATION, FOSTER LIFELONG LEARNING AND EXPLORE CONNECTIONS TO THE ARTS AND EVERYDAY LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WONDERLAB MUSEUM PROVIDES INTERACTIVE EXHIBITS, ACTIVITIES AND SPECIAL PROGRAMS FOCUSED ON SCIENCE, TECHNOLOGY, ENGINEERING AND MATH. PRIOR TO THE START OF THE COVID-19 PANDEMIC IN MARCH 2020, WONDERLAB SERVED OVER 85,000 VISITORS AT ITS MUSEUM IN DOWNTOWN BLOOMINGTON AND AT OFF-SITE LOCATIONS. IN 2022, WONDERLAB RETURNED TO A FULL PRE-PANDEMIC SCHEDULE OF OPERATIONS IN AUGUST 2022. DURING THE 2021-2022 FY, WONDERLAB SERVED 38,986 VISITORS (CHILDREN, ADULTS, INFANTS) AT THE MUSEUM. IN-PERSON OUTREACH PROGRAMS REACHED AN ADDITIONAL 3,599 CHILDREN AND ADULTS AT OFF-SITE LOCATIONS. VIRTUAL PROGRAMS REACHED AN ADDITIONAL 1,116 FAMILIES. DURING FY 2021-2022, OVERALL MUSEUM ATTENDANCE WENT FROM 31% TO 55% OF ATTENDANCE IN 2019. DURING SUMMER 2022, WONDERLAB PROVIDED 409 WEEK-LONG SUMMER CAMP SESSIONS FOR 259 INDIVIDUAL CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Jepson-Innes Executive Director | Officer | 30 | $19,377 |
Catherine Olmer Chief Financial Officer | Officer | 20 | $19,209 |
Andy Cron Treasurer | OfficerTrustee | 1 | $0 |
Dionne Cross Francis Vice President | OfficerTrustee | 1 | $0 |
Elizabeth Raff President | OfficerTrustee | 1 | $0 |
Ashley Johnson Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $119,217 |
| Fundraising events | $31,606 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,131 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $533,954 |
| Total Program Service Revenue | $329,109 |
| Investment income | $27,992 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,110 |
| Net Gain/Loss on Asset Sales | $4,016 |
| Net Income from Fundraising Events | $46,679 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $22,566 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $968,426 |
| 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. | $38,586 |
| Compensation of current officers, directors, key employees. | $3,526 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $750,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $87,879 |
| Payroll taxes | $62,633 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,956 |
| Fees for services: Other | $77,684 |
| Advertising and promotion | $13,647 |
| Office expenses | $31,731 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,719 |
| Travel | $4,527 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,993 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $165,297 |
| Insurance | $20,384 |
| All other expenses | $4,662 |
| Total functional expenses | $1,420,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,450 |
| Savings and temporary cash investments | $1,431,441 |
| Pledges and grants receivable | $6,047 |
| Accounts receivable, net | $2,628 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,241 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,835,743 |
| Investments—publicly traded securities | $853,854 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,147,404 |
| Accounts payable and accrued expenses | $15,077 |
| Grants payable | $0 |
| Deferred revenue | $86,057 |
| 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 | $1,200,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,301,134 |
| Net assets without donor restrictions | $1,803,887 |
| Net assets with donor restrictions | $1,042,383 |
| 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 | $4,147,404 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Wonderlab-Museum Of Science Health & Technology Inc has recieved totaling $45,547.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Bloomington And Monroe County Inc Bloomington, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $35,656 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $9,100 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $291 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $250 |
The Baxter Foundation Deerfield, IL PURPOSE: MATCHING GIFTS GRANT | $250 |
Endowment Analysis
| Beg. Balance | $1,306,607 |
| Earnings | -$204,012 |
| Net Contributions | $22,000 |
| Other Expense | -$33,271 |
| Ending Balance | $1,157,866 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Academy Of Sciences Chicago, IL | $19,110,574 | $7,149,259 |
The Kentucky Science Center Inc Louisville, KY | $5,223,902 | $4,115,750 |
Wisconsin Agricultural Education Center Inc Manitowoc, WI | $11,673,876 | $384,322 |
Wonderlab-Museum Of Science Health & Technology Inc Bloomington, IN | $4,147,404 | $968,426 |
Wood Library-Museum Of Anesthesiology Schaumburg, IL | $13,983,152 | $1,032,421 |
Beller Museum Westmont, IL | $72,757 | $0 |
Homewood Science Center Homewood, IL | $444,098 | $145,048 |
Chippewa Falls Museum Of Industry & Technology Inc Chippewa Falls, WI | $1,040,254 | $178,539 |
Great Lakes Aerospace Science And Education Center Inc Sheboygan, WI | $27,135 | $0 |
Space Museum Bonne Terre, MO | $83,673 | $0 |
The Greater St Louis Air And Space Museum Clayton, MO | $20,380 | $0 |
Institute Of Black Invention & Technology Inc Kansas City, MO | $19,631 | $0 |