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 06/2022, Iowa Childrens Museum employed 55 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 06/2021, Iowa Childrens Museum generated $1.2m 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 $1.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. 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 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 2021, THE MUSEUM CONTINUED TO REBOUND FROM THE PANDEMIC, REBUILDING ITS BUSINESS MODEL AND MEMBERSHIP BASE SERVING MORE THAN 100,000 VISITORS OVER THE COURSE OF THE FISCAL YEAR. SOME SPECIFIC COMMUNITY-BASED PROGRAMS ARE AS FOLLOWS:STORYTIME STEM: IN PARTNERSHIP WITH THE BAYER FUND, THE ICM COMPLETED 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 COMPLETED VIA A CIRRICULAR PROGRAM CALLED STORYTIME STEM, WHICH FOCUSES ON BUILDING BOTH LITERACY AND COMPUTER SKILLS FOR STUDENTS IN KINDERGARTEN THROUGH 2ND GRADE. THE ICM HOPES TO CONTINUE THIS PROGRAM IN THE COMING YEARS.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 PROGRAM WAS EXPANDED IN 2021-22 TO FEATURE A NEW "STEM IN THE COMMUNITY" PROGRAM, THROUGH WHICH ICM EDUCATORS WORKED WITH CHILDREN AND FAMILIES IN THEIR OWN NEIGHBORHOOS, FURTHERING OUR ACCESSIBILITY OBJECTIVES.ICM2GO: THIS PROGRAM CONNECTS ICM'S "PLAY TO LEARN" MODEL WITH CHILDREN AND FAMILIES ON-SITE THROUGHOUT THE EASTERN IOWA CORRIDOR. IT PROVIDED AN IMPORTANT PIVOT POINT FOR THE MUSEUM DURING THE PANDEMIC, ALLOWING THE ORGANIZATION TO MAXIMIZE ITS COMMUNITY IMPACT IN A TIME OF GREAT NEED. FOLLOWING THE MUSEUM'S SUCCESS WITH SUMMER SHORTS IN 2021, MUSEUM LEADERS HAVE BRANCHED OUT FURTHER WITH AN EVEN BROADER ARRAY OF PROGRAMS AND COMMUNITY OUTREACH WORK, SERVING THOUSANDS OF CHILDREN AND FAMILIES IN THE PROCESS.ICM FOR EVERYONE: THIS PROGRAM PROVIDES FREE ANNUAL MEMBERSHIPS TO ECONOMICALLY VULNERABLE FAMILIES. THE 20-YEAR-OLD INITIATIVE REMAINS A BIG PART OF THE ICM'S IDENTITY AND SERVICE TO THE COMMUNITY. MOST NOTABLY, THE PROGRAM IS EXPANDING TO ENCOMPASS THE NATIONAL MUSEUMS FOR ALL PROGRAM, WHICH WILL LOWER THE BAR TO 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.JACK SPLAT: THIS FUN COMMUNITY EVENT WAS HELD IN THE MUSEUM FOR MANY YEARS, MOVING TO A DOWNTOWN IOWA CITY PARK IN 2021 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 RAMPLE FOR EVERYONE'S ENJOYMENT! JACK SPLAT IS JUST ONE EXAMPLE OF THE MANY FREE COMMUNITY OUTREACH EVENTS WHICH THE MUSEUM SPONSORS AND/OR PARTICIPATES IN EACH YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Capps Executive Director | Officer | 50 | $125,198 |
Nick Mahon Treasurer | OfficerTrustee | 1.5 | $0 |
Raquishia Harrington Board Chair | OfficerTrustee | 2 | $0 |
Kari Hawkins Past Board Chair | OfficerTrustee | 1.5 | $0 |
Pam Ehly Board Chair Elect And Secretary | OfficerTrustee | 1.5 | $0 |
Jerome Edwards Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $825,296 |
Investment income | $883 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$1,776 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $8,126 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,241,709 |
Statement of Expenses | |
---|---|
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. | $117,336 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $530,573 |
Pension plan accruals and contributions | $10,728 |
Other employee benefits | $49,596 |
Payroll taxes | $48,113 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $43,870 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $63,078 |
Advertising and promotion | $20,026 |
Office expenses | $42,512 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $31,702 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,116 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $124,491 |
Insurance | $17,758 |
All other expenses | $0 |
Total functional expenses | $1,267,549 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $96,655 |
Savings and temporary cash investments | $576,628 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $82,251 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $10,793 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,267,712 |
Total assets | $6,008,938 |
Accounts payable and accrued expenses | $117,621 |
Grants payable | $0 |
Deferred revenue | $147,478 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $88,030 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $264,856 |
Other liabilities | $0 |
Total liabilities | $617,985 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $5,390,953 |
Over the last fiscal year, we have identified 10 grants that Iowa Childrens Museum has recieved totaling $470,398.
Awarding Organization | Amount |
---|---|
Charles Stewart Mott Foundation Flint, MI PURPOSE: TO SUPPORT A STATEWIDE AFTERSCHOOL NETWORK TO ENSURE THE AVAILABILITY AND EXPANSION OF SCHOOL-LINKED QUALITY AFTERSCHOOL AND SUMMER LEARNING OPPORTUNITIES THAT MEET THE NEEDS OF UNDERSERVED YOUTH. | $325,000 |
Charles Stewart Mott Foundation Flint, MI PURPOSE: TO SUPPORT A STATEWIDE AFTERSCHOOL NETWORK TO ENSURE THE AVAILABILITY AND EXPANSION OF SCHOOL-LINKED QUALITY AFTERSCHOOL AND SUMMER LEARNING OPPORTUNITIES THAT MEET THE NEEDS OF UNDERSERVED YOUTH. | $50,000 |
GreenState Credit Union UNION North Liberty, IA PURPOSE: Playing to Learn | $30,000 |
Robert E Yager Charitable Tr Milwaukee, WI PURPOSE: GENERAL OPERATING | $25,000 |
Community Foundation Of Johnson Coralville, IA PURPOSE: TO SUPPPORT THE MISSION OF THE ORGANIZATION. | $14,500 |
Variety The Childrens Charity Of Iowa Des Moines, IA PURPOSE: Sensory inclusive quiet space, special needs changing table | $13,000 |
Organization Name | Assets | Revenue |
---|---|---|
Minnesota Childrens Museum St Paul, MN | $26,748,657 | $10,384,942 |
Magic House St Louis, MO | $33,104,106 | $8,688,118 |
Chicago Childrens Museum Chicago, IL | $15,510,919 | $8,503,985 |
Madison Childrens Museum Foundation Inc Madison, WI | $2,957,823 | $4,551,726 |
Kohl Childrens Museum Of Greater Chicago Inc Glenview, IL | $19,595,160 | $2,484,089 |
Omaha Childrens Museum Inc Omaha, NE | $6,009,247 | $3,970,872 |
Madison Childrens Museum Inc Madison, WI | $15,954,090 | $4,245,584 |
Dupage Childrens Museum Naperville, IL | $4,350,291 | $2,458,475 |
Lincoln Childrens Museum Lincoln, NE | $8,286,957 | $2,519,873 |
Betty Brinn Childrens Museum Milwaukee, WI | $2,981,160 | $2,729,087 |
Discovery Center Museum Of Rockford Inc Rockford, IL | $3,899,428 | $2,144,571 |
Iowa Childrens Museum Coralville, IA | $6,008,938 | $1,241,709 |