Iowa Childrens Museum is located in Coralville, IA. The organization was established in 1996. 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 06/2023, Iowa Childrens Museum employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iowa Childrens 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 06/2023, Iowa Childrens Museum generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $2.1m during the year ending 06/2023. While expenses have increased by 3.0% 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
TO INSPIRE EVERY CHILD TO IMAGINE, CREATE, DISCOVER, AND EXPLORE THROUGH THE POWER OF PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE IOWA CHILDREN'S MUSEUM HAS ESTABLISHED FIVE EDUCATIONAL INITIATIVES FOR ALL PROGRAMS AND EXHIBITS THAT INCLUDE "SCIENCE, TECHNOLOGY, ENGINEERING & MATH" (STEM), FINANCIAL LITERACY, SCHOOL READINESS, HEALTHY KIDS AND ARTS & CULTURE. THE ACTIVE LEARNING EXPERIENCES THAT ARE ASSOCIATED WITH THESE INITIATIVES EMBODY BEST PRACTICES OF INFORMAL EDUCATION AND ADVANCE 21ST CENTURY SKILLS. IN FY23, THE MUSEUM CONTINUED TO REBOUND FROM THE PANDEMIC, REBUILDING ITS BUSINESS MODEL AND MEMBERSHIP BASE AND SERVING MORE THAN 160,000 VISITORS OVER THE COURSE OF THE YEAR. SOME OF THE MUSEUM'S SPECIFIC COMMUNITY-BASED PROGRAMS AND ACCOMPLISHMENTS ARE AS FOLLOWS:FAMILY SANCTUARY RENOVATION: THE MUSEUM'S FAMILY SANCTUARY WAS DRAMATICALLY UPDATED AND IMPROVED THIS FISCAL YEAR, BECOMING A TRUE PLACE OF RESPITE FOR CHILDREN AND FAMILIES, ESPECIALLY THOSE WITH SENSORY AND OTHER SPECIAL NEEDS. IN ADDITION TO SUBSTANTIAL LIGHTING AND FLOORING UPGRADES, THE MUSEUM WAS ABLE TO INVEST IN MORE COMFORTABLE AND WELCOMING FURNITURE, ADD A NUMBER OF BOOKS TO ENHANCE THE MUSEUM'S FOCUS ON LITERACY, AND PROVIDE A NUMBER OF SENSORY ACTIVITIES TO HELP ENHANCE OUR VISITORS' EXPERIENCE. LAST BUT NOT LEAST, SUBSTANTIAL GRANT FUNDING ALLOWED US TO PURCHASE AND INSTALL A UNIVERSAL, SIZE-INCLUSIVE CHANGING TABLE IN A NEARBY FAMILY RESTROOM. STORYTIME STEM: THE ICM CONTINUED INTO A SECOND YEAR OF PARTNERSHIP WITH THE BAYER FUND, COMPLETING HIGH-IMPACT STEM-BASED CODING PROGRAMS WITH HUNDREDS OF STUDENTS IN RURAL SCHOOL DISTRICTS SURROUNDING THE MUSEUM. THIS WAS OFFERED FREE OF CHARGE TO THE DISTRICTS AND COMPLETED VIA A CURRICULAR PROGRAM CALLED STORYTIME STEM, WHICH FOCUSES ON BUILDING BOTH LITERACY AND COMPUTER SKILLS FOR STUDENTS IN KINDERGARTEN THROUGH 2ND GRADE. THE ICM ALSO TOOK STEPS TO SECURE FUNDING FOR EXTENDING THIS PROGRAM TO HIGH-NEED ELEMENTARY SCHOOLS IN CEDAR RAPIDS. THIS PROGRAM WILL CONTINUE INTO THE 2023-24 SCHOOL YEAR. STEM SMART PROGRAMS: STEM SMART ENCOURAGES LITERACY AND HEALTHY DEVELOPMENT BY PROVIDING PROGRAMS THAT ALLOW CHILDREN TO APPLY UNDERSTANDING OF HOW THE WORLD WORKS WITHIN THE AREAS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH. THIS WORK IS ACCOMPLISHED THROUGH VARIOUS PROGRAMS, INCLUDING FAMILY FREE NIGHTS AND COMMUNITY OUTREACH PROGRAMS. THE MUSEUM'S "STEM IN THE COMMUNITY" INITIATIVE CONTINUED TO ALLOW ICM EDUCATORS THE CHANCE TO WORK WITH CHILDREN AND FAMILIES IN THEIR OWN NEIGHBORHOODS, FURTHERING MUSEUM ACCESSIBILITY OBJECTIVES. THE NEW "POWER OF NATURE" SERIES OFFERED SOME GREAT INSIGHT INTO RENEWABLE ENERGY FOR OUR YOUNG VISITORS AND THEIR FAMILIES. ICM2GO: THIS PROGRAM CONNECTS ICM'S "PLAY TO LEARN" MODEL WITH CHILDREN AND FAMILIES ON-SITE THROUGHOUT THE EASTERN IOWA CORRIDOR. DURING THE PANDEMIC, THIS PROGRAM ALLOWED THE ORGANIZATION TO MAXIMIZE ITS COMMUNITY IMPACT IN A TIME OF GREAT NEED, BUT THAT WORK HAS CONTINUED IN EARNEST OVER THE PAST TWO YEARS, REACHING OUT EVEN MORE BROADLY THROUGHOUT THE AREA. A NOTABLE SUCCESS THIS YEAR WAS THE ADDITION OF A MINIVAN TO ALLOW THE MUSEUM THE OPPORTUNITY TO PARTICIPATE IN MORE EVENTS AND HAVE ADDED FLEXIBLE IN HOW ICM EDUCATORS ARE SERVING THE COMMUNITY. ICM FOR EVERYONE: THIS PROGRAM CONTINUED TO EVOLVE IN FY23 AS THE MUSEUM FULLY EMBRACED THE NATIONAL MUSEUMS FOR ALL PROGRAM, LOWERING THE BAR TO MUSEUM ACCESS EVEN FURTHER. FAMILIES SIMPLY NEED TO INDICATE THAT THEY ARE ENROLLED IN ONE OF THE APPROVED STATE OR FEDERAL AID PROGRAMS, MAKING ADMISSION FREE EACH AND EVERY TIME THEY VISIT, WITHOUT THE NEED TO COMPLETE MEMBERSHIP PAPERWORK. IN FY23 ALONE, ROUGHLY 9,300 VISITORS GAINED ACCESS TO THE MUSEUM THROUGH THIS PHENOMENAL PROGRAM. MUSEUM OFFICIALS CONTINUE TO SPREAD THE WORD ABOUT THIS PROGRAM, REACHING MORE AND MORE DELIGHTED NEW VISITORS ON A WEEKLY BASIS. MOVE IT! DIG IT! DO IT! AND JACK SPLAT: THESE TWO LARGE-SCALE, FREE, OUTDOOR COMMUNITY EVENTS CONTINUE TO PROVIDE THE ICM A TREMENDOUS OPPORTUNITY TO CONNECT WITH THE COMMUNITY. FOR THE SECOND STRAIGHT YEAR, JACK SPLAT WAS HELD IN A DOWNTOWN IOWA CITY PARK AS A MEANS OF INCREASING ACCESS. THE ICM AND VARIOUS PARTNERS INVITE COMMUNITY MEMBERS TO BRING THEIR COMPOSTABLE JACK-O-LANTERNS TO THE PARK, WHERE THEY ARE DROPPED FROM THE FOURTH FLOOR OF A LOCAL PARKING RAMP FOR EVERYONE'S ENJOYMENT. MOVE IT! DIG IT! DO IT! CONTINUED ITS GREAT RUN OF SUCCESS IN FY23 WITH ROUGHLY 4,000 PEOPLE GATHERING IN THE MALL PARKING LOT FOR A ONE-OF-A-KIND OPPORTUNITY FOR LEARNING AND FAMILY FUN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ehly Pam Board Chair | OfficerTrustee | 2 | $0 |
Harrington Raquisha Past Board Chair | OfficerTrustee | 1.5 | $0 |
Mahon Nick Treasurer | OfficerTrustee | 1.5 | $0 |
Yoder Celeste Secretary | OfficerTrustee | 1.5 | $0 |
Shaffer Kristen Chair Elect | OfficerTrustee | 1.5 | $0 |
Goetzinger Charlie Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $208,806 |
Related organizations | $0 |
Government grants | $603,138 |
All other contributions, gifts, grants, and similar amounts not included above | $169,540 |
Noncash contributions included in lines 1a–1f | $18,320 |
Total Revenue from Contributions, Gifts, Grants & Similar | $981,484 |
Total Program Service Revenue | $1,114,154 |
Investment income | $2,596 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$77,437 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $17,023 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,045,334 |
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. | $134,527 |
Compensation of current officers, directors, key employees. | $67,263 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $888,019 |
Pension plan accruals and contributions | $13,685 |
Other employee benefits | $49,072 |
Payroll taxes | $77,618 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $60,302 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $193,973 |
Advertising and promotion | $48,242 |
Office expenses | $86,337 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $39,546 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $21,911 |
Interest | $860 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $139,738 |
Insurance | $19,911 |
All other expenses | $52,430 |
Total functional expenses | $2,067,647 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $101,560 |
Savings and temporary cash investments | $826,654 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $279,183 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $14,547 |
Prepaid expenses and deferred charges | $5,780 |
Net Land, buildings, and equipment | $897,657 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,378,127 |
Total assets | $5,503,508 |
Accounts payable and accrued expenses | $178,957 |
Grants payable | $0 |
Deferred revenue | $208,347 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $103,995 |
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 | $32,293 |
Total liabilities | $523,592 |
Net assets without donor restrictions | $1,526,371 |
Net assets with donor restrictions | $3,453,545 |
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 | $5,503,508 |