Wonderlab-Museum Of Science Health & Technology Inc
- Assets
- $4.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 52
- Location
- Bloomington, IN
- Founding
- 09/1995
- Data as of
- 10/2023
- 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 10/2023, 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 10/2023, Wonderlab-Museum Of Science Health & Technology Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $1.5m during the year ending 10/2023. While expenses have increased by 4.7% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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 MARCH 2020, THE ORGANIZATION SERVED OVER 85,000 VISITORS AT ITS MUSEUM IN DOWNTOWN BLOOMINGTON AND AT OFF-SITE EXPERIENCES. AFTER A STEEP DECLINE IN ATTENDANCE DURING THE YEARS OF THE PANDEMIC, ATTENDANCE IS MOVING STRONGLY TOWARD PRE-PANDEMIC LEVELS. DURING THE YEAR ENDED OCTOBER 31, 2023, THE ORGANIZATION SERVED 67,636 VISITORS (CHILDREN, ADULTS, INFANTS) AT THE MUSEUM, WHICH WAS 28,645 MORE VISITORS THAT IN THE PREVIOUS YEAR, AND 80% OF THE MUSEUM ATTENDANCE DURING THE YEAR ENDED OCTOBER 31, 2019. IN-PERSON OUTREACH PROGRAMS DURING THE YEAR ENDED OCTOBER 31, 2023 REACHED AN ADDITIONAL 6,097 CHILDREN AND ADULTS. VIRTUAL PROGRAMS REACHED AN ADDITIONAL 1,084 FAMILIES. DURING SUMMER 2023, THE ORGANIZATION PROVIDED WEEK-LONG SESSIONS OF WONDERCAMP (A HANDS-ON, IN-PERSON SUMMER SCIENCE ENRICHMENT EXPERIENCE) FOR 280 INDIVIDUAL FAMILIES AND 355 INDIVIDUAL CHILDREN. THE ORGANIZATION'S VISITORS ARE PRIMARILY FROM SOUTH CENTRAL INDIANA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Bishop Member | Trustee | 1 | $0 |
Wisk Wensey Derifond Member | Trustee | 1 | $0 |
Dionne Cross Francis Member | Trustee | 1 | $0 |
Caitlin Keller Member | Trustee | 1 | $0 |
Lauren Kucera Member | Trustee | 1 | $0 |
Jamie Miller Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $169,653 |
| Fundraising events | $39,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $804,226 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,012,879 |
| Total Program Service Revenue | $564,754 |
| Investment income | $45,476 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,015 |
| Net Gain/Loss on Asset Sales | -$3,214 |
| Net Income from Fundraising Events | $55,891 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $70,625 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,757,426 |
| 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. | $3,292 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $814,791 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $86,399 |
| Payroll taxes | $63,261 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,270 |
| Fees for services: Other | $86,566 |
| Advertising and promotion | $17,234 |
| Office expenses | $36,960 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,138 |
| Travel | $5,184 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $50,097 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $159,076 |
| Insurance | $23,726 |
| All other expenses | $14,261 |
| Total functional expenses | $1,544,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,450 |
| Savings and temporary cash investments | $1,755,014 |
| Pledges and grants receivable | $1,380 |
| Accounts receivable, net | $3,269 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $44,715 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,726,178 |
| Investments—publicly traded securities | $862,422 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,394,428 |
| Accounts payable and accrued expenses | $14,765 |
| 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 | $1,192,006 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,292,828 |
| Net assets without donor restrictions | $1,656,896 |
| Net assets with donor restrictions | $1,444,704 |
| 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 | $4,394,428 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Kentucky Science Center Inc Louisville, KY | $8,232,323 | $6,438,764 |
Chicago Academy Of Sciences Chicago, IL | $22,709,935 | $10,675,098 |
Wisconsin Agricultural Education Center Inc Manitowoc, WI | $9,467,931 | $706,965 |
Wonderlab-Museum Of Science Health & Technology Inc Bloomington, IN | $4,394,428 | $1,757,426 |
Wood Library-Museum Of Anesthesiology Schaumburg, IL | $15,584,218 | $3,271,155 |
Homewood Science Center Homewood, IL | $420,026 | $215,714 |
Beller Museum Westmont, IL | $101,385 | $166,791 |
Chippewa Falls Museum Of Industry & Technology Inc Chippewa Falls, WI | $972,682 | $72,031 |
Randy Koorsen Antique Fire Museum Inc Indianapolis, IN | $87,000 | $100,000 |
Great Lakes Aerospace Science And Education Center Inc Sheboygan, WI | $31,969 | $0 |
Space Museum Bonne Terre, MO | $93,389 | $0 |
The Greater St Louis Air And Space Museum Clayton, MO | $20,380 | $0 |
Friends Of The Rb Project Inc Stockton, MO | $310,843 | $320,969 |
Institute Of Black Invention & Technology Inc Kansas City, MO | $14,121 | $0 |
Math Cultural Center Of Chicago Chicago, IL | $115,118 | $0 |