Thanksgiving Point Institute Inc is located in Lehi, UT. The organization was established in 1999. According to its NTEE Classification (C41) the organization is classified as: Botanical Gardens & Arboreta, under the broad grouping of Environment and related organizations. As of 02/2022, Thanksgiving Point Institute Inc employed 838 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thanksgiving Point Institute Inc 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 02/2022, Thanksgiving Point Institute Inc generated $45.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $25.9m during the year ending 02/2022. While expenses have increased by 2.2% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO BRING THE JOY OF LEARNING AND WONDERS OF THE NATURAL WORLD TO LIFE.
Describe the Organization's Program Activity:
THANKSGIVING POINT INSTITUTE IS A 170-ACRE MUSEUM, GARDEN AND FARM COMPLEX FOUNDED AS A GIFT TO UTAH AND THE SURROUNDING COMMUNITIES. OUR MISSION IS TO BRING THE JOY OF LEARNING AND THE WONDERS OF THE NATURAL WORLD TO LIFE. IN OUR EXPERIENCE, WHEN CURIOSITY, DISCOVERY AND SHARING BEGIN, WE ARE MORE LIKELY TO BE INSPIRED, OPTIMISTIC AND ENERGIZED. THEREFORE, WHETHER IT'S BUGS OR BUTTERFLIES, TULIPS OR TYRANASOURI, THE NATURAL WORLD EXPERIENCES WE BRING TO OUR COMMUNITY ARE UNIQUE AND LIFE CHANGING. IN THE 2021-22 TAX YEAR, WE EXPERIENCED OVER 2.2 MILLION GUEST VISITS. MOST GUESTS CAME TO VISIT ONE OF OUR MUSEUMS OR GARDEN EVENTS AND TENS OF THOUSANDS CAME AS PART OF OUR EDUCATIONAL AND CULTURAL EVENTS. FOR EXAMPLE, THE TULIP FESTIVAL HELD IN ASHTON GARDENS IS A FAVORITE OF THE COMMUNITY. A LARGE PERCENTAGE OF THE 300,000 TULIP BULBS ARE PLANTED BY VOLUNTEERS. IN TOTAL, VOLUNTEERS WORKED 1,865 HOURS TO HELP MAKE THE TULIP FESTIVAL A SUCCESS. LAST YEAR, 799 VOLUNTEERS GAVE 17,109 HOURS TO VARIOUS COMMUNITY-ORIENTED EFFORTS AT THANKSGIVING POINT. MUCH OF THE SUPPORTING REVENUE OF THANKSGIVING POINT IS GENERATED THROUGH OUR FIVE PRIMARY VENUES: ASHTON GARDENS, MUSEUM OF ANCIENT LIFE, THE MUSEUM OF NATURAL CURIOSITY, THE BUTTERFLY BIOSPHERE, AND FARM COUNTRY. WITHIN EACH OF THESE VENUES WE EMPLOY ASPIRING EDUCATORS WHO LEARN ON-THE- JOB HOW TO FACILITATE LEARNING AND GUIDE GUESTS IN THE EXPLORATION OF NATURAL WORLD SCIENCE. WE ALSO UTILIZE EXPERIENCED VOLUNTEERS WHO ARE SKILLED AT HELPING GUESTS DISCOVER THE WONDERS OF NATURE. INTEGRAL TO THE THANKSGIVING POINT MISSION ARE THE INTERACTIVE LEARNING EXPERIENCES ORGANIZED TO AID CHILDREN IN THEIR LEARNING OF SCIENCE. LAST YEAR, OVER 17,750 3RD AND 8TH GRADE STUDENTS WERE PART OF FREE SCIENCE AND ENGINEERING PROGRAMS OFFERED BY THANKSGIVING POINT. THANKSGIVING POINT TYPICALLY HOSTS APPROXIMATELY 1,623 FIELD TRIPS AND OUTREACH CLASSES. THANKSGIVING POINT TEAMS ALSO TRAVEL TO SCHOOLS THROUGHOUT UTAH TO CONDUCT THESE HANDS-ON LEARNING EXPERIENCES. WHEN COVID-19 RESTRICTIONS CAME ABOUT, WE PIVOTED TO HOSTING VIRTUAL CLASSES AS WELL. LAST YEAR, 650 K-12 PUBLIC SCHOOL TEACHERS RECEIVED FREE TEACHER PROFESSIONAL DEVELOPMENT ON-SITE AND ONLINE THROUGH THANKSGIVING POINT INSTITUTE. IN ADDITION, OVER 859 HOME SCHOOL STUDENTS ATTENDED HOMESCHOOL DAYS AT THANKSGIVING POINT. MY TECH HIGH SERVES HOMESCHOOL STUDENTS AS WELL, PROVIDING COLLABORATIVE SETTING WHERE STUDENTS LEARN TO EXPLORE TECH-ORIENTED SOLUTIONS AND TO DEVELOP THEIR OWN DESIGN IDEAS. IN SUMMER MONTHS, THANKSGIVING POINT HOSTS APPROXIMATELY 156 SUMMER CAMPS. THESE CAMPS WELCOME CHILDREN OF ALL AGES AND BACKGROUNDS AND ARE FOCUSED ON A VARIETY OF LEARNING EXPERIENCES FROM DISCOVERING DINOSAURS TO CREATING UNIQUE ART TO EXPERIMENTING WITH STEM. THESE CAMPS INCLUDE AUTISM ADVENTURES CAMP. THIS DAY CAMP WELCOME AUTISTIC CHILDREN AGES 13 TO 18. THE CAMP HELPS STUDENTS THROUGH SEVEN STAGES OF ADVENTURE TO EXPAND THEIR CURRENT SOCIAL UNDERSTANDING AND APTITUDE. ESSENTIAL TO OUR MISSION IS DIVERSITY AND INCLUSION. GUESTS OF ALL AGES, BACKGROUNDS, AND ABILITIES ARE WELCOMED. WE HAVE SENSORY BACKPACKS FOR CHILDREN ON THE AUTISM SPECTRUM AT THE MUSEUM OF NATURAL CURIOSITY, MUSEUM OF ANCIENT LIFE, AND THE BUTTERFLY BIOSPHERE. SUPER TUESDAYS IN AUGUST ALLOW GUESTS TO ENJOY ALL VENUES AT DISCOUNTED RATES AND PARTICIPATION IN THE NATIONAL MUSEUMS FOR ALL PROGRAM ALLOWS CHILDREN WITH FAMILIES ON SUPPLEMENTAL NUTRITION ASSISTANCE PROGRAM (SNAP) OR SPECIAL SUPPLEMENTAL NUTRITION PROGRAM FOR WOMEN, INFANTS, AND CHILDREN (WIC) CARD TO GAIN YEAR-ROUND FREE ENTRANCE TO VENUES. THANKSGIVING POINT ALSO PARTNERS WITH A VARIETY OF COMMUNITY ORGANIZATIONS. ONE EXAMPLE IS THE SOUTH FRANKLIN COMMUNITY CENTER BASED IN PROVO, UTAH. THIS CENTER SERVES CHILDREN ATTENDING TITLE I SCHOOLS. APPROXIMATELY 83% OF THE STUDENTS HERE ARE ECONOMICALLY DISADVANTAGED AND 63% COME FROM UNDER- REPRESENTED GROUPS. THANKSGIVING POINT PROVIDES VENUE TICKETS THROUGHOUT THE YEAR TO SOUTH FRANKLIN TO AID IN THEIR LEARNING AND LIFE.
COST OF GOODS SOLD ON UBIT SALES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Washburn CEO & Truste | Trustee | 5 | $343,779 |
Mckay F Christensen CEO & Truste | Officer | 40 | $203,814 |
Kendall Wimmer VP Operation | 40 | $170,324 | |
Erica Vanamen VP Marketing | 40 | $140,405 | |
Allen Ash CFO | 40 | $140,271 | |
Lorie Millward VP Of Progra | 40 | $118,594 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Rbm Services Janitorial | 2/27/22 | $787,450 |
Love Communications Advertising | 2/27/22 | $653,436 |
Mountain Valley Temperature Control Hvac | 2/27/22 | $233,789 |
Minotaur Mazes Exhibit Service | 2/27/22 | $145,679 |
Lynch Incorporated Website Service | 2/27/22 | $140,930 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $5,158,698 |
Fundraising events | $0 |
Related organizations | $1,048,863 |
Government grants | $9,821,671 |
All other contributions, gifts, grants, and similar amounts not included above | $9,837,532 |
Noncash contributions included in lines 1a–1f | $406,885 |
Total Revenue from Contributions, Gifts, Grants & Similar | $25,866,764 |
Total Program Service Revenue | $13,214,894 |
Investment income | $3,771 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,252,297 |
Net Gain/Loss on Asset Sales | $2,497 |
Net Income from Fundraising Events | $335,311 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,612,328 |
Miscellaneous Revenue | $0 |
Total Revenue | $45,287,862 |
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 | $10,257,684 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $809,054 |
Payroll taxes | $647,660 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,587 |
Fees for services: Accounting | $67,473 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $920,041 |
Office expenses | $515,349 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,144,668 |
Travel | $18,559 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $52,166 |
Interest | $104,278 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,359,268 |
Insurance | $294,775 |
All other expenses | $1,569,587 |
Total functional expenses | $25,928,376 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $20,934,258 |
Pledges and grants receivable | $3,658,939 |
Accounts receivable, net | $94,809 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $423,375 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $56,015,361 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,747,402 |
Total assets | $83,874,144 |
Accounts payable and accrued expenses | $2,005,470 |
Grants payable | $0 |
Deferred revenue | $2,995,895 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $2,273,009 |
Secured mortgages and notes payable | $1,013,539 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $989,175 |
Total liabilities | $9,277,088 |
Net assets without donor restrictions | $74,597,056 |
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 | $83,874,144 |
Over the last fiscal year, we have identified 12 grants that Thanksgiving Point Institute Inc has recieved totaling $1,113,301.
Awarding Organization | Amount |
---|---|
Joseph And Kathleen Sorenson Legacy Foundation Salt Lake City, UT PURPOSE: GENERAL SUPPORT | $500,000 |
Sorenson Legacy Foundation Midvale, UT PURPOSE: GENERAL CHARITABLE PURPOSES | $250,000 |
Joan And Tim Fenton Family Foundation Holladay, UT PURPOSE: GENERAL SUPPORT | $250,000 |
Kahlert Foundation Inc Sykesville, MD PURPOSE: TO FUND STEM TRAVELING EDUCATION PROGRAMS AND GENERAL OPERATING SUPPORT | $50,000 |
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: PRODUCING NEW REMOTE LEARNING STEM CONTENT FOR EDUCATORS AND STUDENTS | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ENVIRONMENTAL AND ANIMALS | $14,175 |
Organization Name | Assets | Revenue |
---|---|---|
Denver Botanic Garden Inc Denver, CO | $12,242,528 | $21,735,027 |
Thanksgiving Point Institute Inc Lehi, UT | $83,874,144 | $45,287,862 |
Desert Botanical Garden Phoenix, AZ | $67,699,429 | $39,207,596 |
Boyce Thompson Southwestern Arboretum Superior, AZ | $11,174,604 | $2,877,918 |
Tucson Botanical Gardens Tucson, AZ | $7,479,246 | $3,474,163 |
Betty Ford Alpine Gardens Vail, CO | $8,505,693 | $2,228,984 |
Idaho Botanical Gardens Inc Boise, ID | $3,287,460 | $2,061,377 |
Santa Fe Botanical Garden Santa Fe, NM | $4,838,936 | $1,045,536 |
Plant Select Fort Collins, CO | $455,522 | $346,967 |
Wallace Desert Gardens Scottsdale, AZ | $0 | $0 |
Eagle Park At The Gardens Inc Queen Creek, AZ | $40,052 | $259,709 |
Sawtooth Botanical Garden Inc Sun Valley, ID | $1,054,910 | $264,121 |