Mcm Holdings
- Assets
- $21.3m
- Revenue
- $556.3k
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 05/2016
- Data as of
- 06/2022
- EIN
- 47-5564727
Organization Overview
Mcm Holdings is located in St Paul, MN. The organization was established in 2016. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcm Holdings 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 06/2022, Mcm Holdings generated $556.3k in total revenue. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 48.5% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE MINNESOTA CHILDREN'S MUSEUM
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCM HOLDINGS WAS ESTABLISHED TO HOLD, RENOVATE, AND MANAGE THE EXISTING FACILITY OF THE MINNESOTA CHILDREN'S MUSEUM IN DOWNTOWN ST. PAUL. THIS WAS CARRIED OUT IN CONJUNCTION WITH THE EXPANSION AND COMPLETE RENOVATION OF THE FACILITY. MCM HOLDINGS RENOVATED ALL CURRENT PUBLIC SPACE AS WELL AS ADDED 2,000 SQUARE FEET TO THE EXISTING FOOTPRINT. MCM HOLDINGS ALSO DEVELOPED, CREATED, AND INSTALLED 10 NEW GALLERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charlene Altman Treasurer | OfficerTrustee | 0.1 | $0 |
William Mckinney Chair | OfficerTrustee | 0.1 | $0 |
William Schmoker Secretary | OfficerTrustee | 0.1 | $0 |
Dianne Krizan President | Officer | 8 | $0 |
Fola Tiamiyu Dir Of Finance & Technology | Officer | 8 | $0 |
Stephen Zawoyski Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $537,765 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $18,583 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $556,348 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $127,653 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $140,285 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $849,339 |
| Insurance | $1,545 |
| All other expenses | $0 |
| Total functional expenses | $1,118,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $19,627,026 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,644,201 |
| Total assets | $21,271,227 |
| Accounts payable and accrued expenses | $10,780 |
| 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 | $9,420,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,430,780 |
| Net assets without donor restrictions | $11,840,447 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,271,227 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Council On Foundations Minneapolis, MN | $1,698,240 | $7,242,767 |
Ruminco Ltd Minneapolis, MN | $62,223,712 | $7,052,376 |
Search Institute Minneapolis, MN | $10,519,414 | $10,517,632 |
Community Of Peace Building Company St Paul, MN | $17,498,169 | $1,436,316 |
Kinship Foundation Madison, WI | $510,519 | $697,956 |
Mcm Holdings St Paul, MN | $21,271,227 | $556,348 |
Tfi Foundation Inc Monona, WI | $5,709,720 | $2,349,042 |
Unseen Fargo, ND | $1,248,265 | $1,282,602 |
Community Resource Connection Inc Bemidji, MN | $204,055 | $400,633 |
District 742 Local Education & Activities Foundation St Cloud, MN | $2,185,726 | $356,575 |
Wls Building Company Chaska, MN | $2,375,895 | $318,166 |
Meliora Partners Inc Montour, IA | $205,427 | $385,584 |