Otter Cove Childrens Museum Llc
- Assets
- $588.1k
- Revenue
- $344.6k
- Investments
- $0.0
- Employees
- 14
- Location
- Fergus Falls, MN
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 83-3891315
Organization Overview
Otter Cove Childrens Museum Llc is located in Fergus Falls, MN. The organization was established in 2019. As of 12/2022, Otter Cove Childrens Museum Llc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Otter Cove Childrens Museum Llc 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 12/2022, Otter Cove Childrens Museum Llc generated $344.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $356.5k during the year ending 12/2022. 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
OUR MISSION IS TO SUPPORT THE OPTIMAL DEVELOPMENT OF OUR REGION'S CHILDREN BY INTENTIONALLY CREATING THE ENVIRONMENT FOR ABUNDANT PLAY OPPORTUNITIES THAT LAUNCH CHILDREN'S IMAGINATIONS, STIMULATE SKILL DEVELOPMENT, AND INSTILL A SENSE OF PLACE AND PURPOSE THAT LASTS A LIFETIME
Describe the Organization's Program Activity:
Part 3 - Line 4a
264 ANNUAL MEMBERSHIPS WERE PURCHASED/RENEWED (ENCOMPASSING 1398 INDIVIDUALS). 282 1-MONTH MEMBERSHIPS WERE PURCHASED/RENEWED (1149 INDIVIDUALS), 180 3-MONTH MEMBERSHIPS WERE PURCHASED/RENEWED (795 INDIVIDUALS), 6 CHILDCARE MEMBERSHIPS WERE PURCHASED/RENEWED (35 INDIVIDUALS), 81 FREE ACCESS TO PLAY MEMBERSHIPS WERE AWARDED (392 INDIVIDUALS), AND 12,011 DAILY PASSES WERE SOLD IN 2022. 5171 INDIVIDUALS VISITED OTTER COVE AS PART OF A FIELD TRIP (66 TOTAL FIELD TRIPS. OTTER COVE HOSTED 104 BIRTHDAY PARTIES AND 18 PRIVATE RENTALS IN 2022.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Ganoe Executive Director | 40 | $57,468 | |
Tasha Rohlfs Director | Trustee | 1 | $0 |
Amy Baldwin President | OfficerTrustee | 5 | $0 |
Sarah Duffy Director | Trustee | 1 | $0 |
Karla Connelly Secretary | OfficerTrustee | 1 | $0 |
Kelsey Evavold Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,773 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,219 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,992 |
| Total Program Service Revenue | $190,921 |
| Investment income | $68 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $582 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $344,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,150 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,468 |
| Compensation of current officers, directors, key employees. | $57,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,054 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,056 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,278 |
| Advertising and promotion | $18,320 |
| Office expenses | $2,200 |
| Information technology | $7,670 |
| Royalties | $0 |
| Occupancy | $71,290 |
| Travel | $2,164 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,772 |
| Insurance | $7,624 |
| All other expenses | $18,906 |
| Total functional expenses | $356,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,646 |
| 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 | $476,443 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $588,089 |
| Accounts payable and accrued expenses | $2,570 |
| 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 | $12,396 |
| Total liabilities | $14,966 |
| Net assets without donor restrictions | $573,123 |
| 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 | $588,089 |