Childrens Museum Of Oak Park Inc
- Assets
- $1.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 27
- Location
- Oak Park, IL
- Founding
- 06/1992
- Data as of
- 12/2023
- EIN
- 36-3805314
Organization Overview
Childrens Museum Of Oak Park Inc, operating under the name Wonder Works Children's Museum, is located in Oak Park, IL. The organization was established in 1992. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Wonder Works Children's Museum employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wonder Works Children's Museum 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 12/2023, Wonder Works Children's Museum generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $725.0k during the year ending 12/2023. While expenses have increased by 9.9% per year over the past 9 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 MISSION OF THE CHILDREN'S MUSEUM OF OAK PARK DBA WONDER WORKS CHILDREN'S MUSEUM IS TO SPARK CURIOSITY AND CREATIVITY IN ALL YOUNG CHILDREN THROUGH POSITIVE, PLAY-BASED LEARNING EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WONDER WORKS CHILDREN'S MUSEUM HAS INSTILLED A LIFELONG LOVE OF LEARNING IN ITS VISITORS FOR OVER THREE DECADES. OUR 6,400 FACILITY CONTAINS NINE INTERACTIVE INDOOR AND OUTDOOR EXHIBITS WHICH INSPIRE PLAY-BASED LEARNING EXPERIENCES IN THE ARTS, MATH, MUSIC, SCIENCE, AND LITERACY THAT ARE ALIGNED WITH ILLINOIS EARLY LEARNING AND DEVELOPMENT STANDARDS. FOCUSING ON AGES 0-8 AND THEIR FAMILIES, OUR GOAL IS TO OFFER NOVEL AND INVIGORATING EXPERIENCES THAT SCHOOLS AND INDIVIDUAL FAMILIES DO NOT HAVE THE LUXURY TO PROVIDE. IN 2023, WONDER WORKS INTRODUCED TWO NEW EXHIBITS TO PROMOTE BUILDING SKILLS AND STEM EXPERIMENTATION: A WALL OF WONDER THREE DIMENSIONAL BUILDING STRUCTURE AND A WIND TUNNEL. WE COMBAT INEQUITY THROUGH MULTIPLE ACCESS PROGRAMS, WHICH REMOVE ATTENDANCE BARRIERS FOR FAMILIES WITH LOW INCOME, SENSORY AND ACCESSIBILITY NEEDS, TRANSPORTATION BARRIERS, AND THOSE WHO RECEIVE SUPPORT FROM SOCIAL SERVICE AGENCIES. MUSEUM FREE DAYS AND OUTREACH EVENTS ALSO ENSURE THAT OUR PROGRAMS ARE ACCESSIBLE TO ALL, ESPECIALLY THOSE WHO HAVE HISTORICALLY BEEN DENIED ACCESS. THE MUSEUM ALSO EXPANDED BEYOND ITS DAY TO DAY FOOTPRINT THROUGH THREE OUTDOOR FESTIVALS TO PROMOTE SCIENTIFIC EXPLORATION THROUGH PLAY: BUBBLE WORKS, WONDER WHEELS, AND DINO WORKS. THE MUSEUM IS AVAILABLE FOR PRIVATE PARTIES, PARTIES DURING MUSEUM OPEN HOURS, AND FIELD TRIPS. WONDER WORKS CONTINUES TO EVOLVE AND PUSH THE BOUNDARIES OF EARLY CHILDHOOD EDUCATION, SUPPORTING OUR SOCIETY'S YOUNGEST MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Yount President | OfficerTrustee | 1 | $0 |
Carrie Summy Vice President | OfficerTrustee | 1 | $0 |
Colin Dowdall Treasurer | OfficerTrustee | 1 | $0 |
Corina Davis Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Bevly Board Member | Trustee | 1 | $0 |
Jermal Chandler Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $185,462 |
| Fundraising events | $30,253 |
| Related organizations | $0 |
| Government grants | $185,546 |
| All other contributions, gifts, grants, and similar amounts not included above | $246,033 |
| Noncash contributions included in lines 1a–1f | $33,168 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $647,294 |
| Total Program Service Revenue | $259,373 |
| Investment income | $22,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $77,354 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,030,897 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $408,034 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $50,685 |
| 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 | $0 |
| Advertising and promotion | $8,792 |
| Office expenses | $2,344 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,872 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,848 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,374 |
| Insurance | $12,460 |
| All other expenses | $71,732 |
| Total functional expenses | $725,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,305 |
| Savings and temporary cash investments | $399,791 |
| Pledges and grants receivable | $208,743 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $12,641 |
| Net Land, buildings, and equipment | $360,850 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,209 |
| Total assets | $1,114,539 |
| Accounts payable and accrued expenses | $14,292 |
| Grants payable | $0 |
| Deferred revenue | $90,588 |
| 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 | $211,109 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $38,760 |
| Total liabilities | $354,749 |
| Net assets without donor restrictions | $736,722 |
| Net assets with donor restrictions | $23,068 |
| 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 | $1,114,539 |