Sandcastles A Lake Michigan Childrens Museum Inc
- Assets
- $847.7k
- Revenue
- $240.2k
- Investments
- $0.0
- Employees
- 12
- Location
- Ludington, MI
- Founding
- 07/2008
- Data as of
- 12/2021
- EIN
- 35-2340348
Organization Overview
Sandcastles A Lake Michigan Childrens Museum Inc is located in Ludington, MI. The organization was established in 2008. 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, Sandcastles A Lake Michigan Childrens Museum Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sandcastles A Lake Michigan Childrens Museum 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 12/2021, Sandcastles A Lake Michigan Childrens Museum Inc generated $240.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $194.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE AN ENVIRONMENT THAT ENCOURAGES AND INSPIRES CHILDREN AND FAMILIES TO EXPLORE THEIR WORLD, OFFERING HANDS-ON DISCOVERY WHILE STIMULATING CREATIVITY, CURIOUSITY, THE LOVE OF LEARNING, CULTURAL AWARENESS, AND POSITIVE INTERACTIONS WITHIN AND AMONG FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITS EDUCATE CHILDREN ABOUT LIFE IN DIFFERENT ENVIRONMENTS WITH INTERACTIVE ACTIVITIES. THIS INCLUDES LIVING ON A FARM, PLANTING GARDENS AND UNDERSTANDING THE IMPACT OF THE ACTIVITIES. FIELD TRIPS ARE OFFERED THROUGHOUT THE SEASON TO GROUPS OF CHILDREN LOCALLY AND FOR SURROUNDING COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Korendyke Executive Director | Officer | 30 | $33,750 |
Andrea Carlson President | Trustee | 1 | $0 |
Darlene Ponko Secretary | Trustee | 2 | $0 |
Deb Borema Treasurer | Trustee | 2 | $0 |
Amanda Kinney Director | Trustee | 1 | $0 |
Marsha Barter Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $18,158 |
| Fundraising events | $325 |
| Related organizations | $0 |
| Government grants | $20,317 |
| All other contributions, gifts, grants, and similar amounts not included above | $103,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,943 |
| Total Program Service Revenue | $83,379 |
| Investment income | $8,278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $6,558 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $240,158 |
| 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. | $33,750 |
| Compensation of current officers, directors, key employees. | $33,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,305 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,062 |
| Payroll taxes | $7,272 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $75 |
| Fees for services: Accounting | $3,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $929 |
| Fees for services: Other | $7,608 |
| Advertising and promotion | $5,204 |
| Office expenses | $8,150 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,481 |
| Travel | $60 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,619 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,697 |
| Insurance | $8,271 |
| All other expenses | $0 |
| Total functional expenses | $194,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,365 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,878 |
| Prepaid expenses and deferred charges | $1,523 |
| Net Land, buildings, and equipment | $496,019 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $224,894 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $847,679 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,291 |
| Total liabilities | $6,291 |
| Net assets without donor restrictions | $710,105 |
| Net assets with donor restrictions | $131,283 |
| 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 | $847,679 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sandcastles A Lake Michigan Childrens Museum Inc has recieved totaling $10,521.
| Awarding Organization | Amount |
|---|---|
Muskegon County Community Foundation Muskegon, MI PURPOSE: DESIGN AND BUILD 3D; NOISE CANCELLING HEADPHONES FOR OUR AUTISTIC VISITORS; REPAIR FOR THE HISTORIC EXTERIOR SIGN | $10,499 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $22 |
Endowment Analysis
| Beg. Balance | $140,802 |
| Earnings | $18,221 |
| Admin Expense | $929 |
| Net Contributions | $66,800 |
| Ending Balance | $224,894 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Museum Of Indianapolis Incorporated Indianapolis, IN | $487,243,633 | $55,187,916 |
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 |
Betty Brinn Childrens Museum Milwaukee, WI | $2,981,160 | $2,729,087 |
Ann Arbor Hands On Museum Ann Arbor, MI | $8,341,268 | $1,982,882 |
The Childrens Museum Of Cleveland Cleveland, OH | $9,251,165 | $2,252,805 |
The Building For Kids Inc Appleton, WI | $2,957,593 | $1,489,772 |
Grand Rapids Childrens Museum Grand Rapids, MI | $2,832,680 | $961,301 |
Louis J Koch Family Childrens Museum Of Evansville Inc Evansville, IN | $2,626,868 | $826,184 |
Terre Haute Childrens Museum Inc Terre Haute, IN | $4,191,400 | $1,039,404 |
Grand Rapids Early Discovery Center Grand Rapids, MI | $55,447 | $836,516 |
Flint Childrens Museum Flint, MI | $1,799,806 | $734,338 |