Totals
- Total revenue
- $1,812,328
- Total expenses
- $2,109,729
- Contributions and grants received
- $718,109
- Grants paid
- $0
- Program service revenue
- $1,143,894
- Investment income
- $33,441
- Other revenue
- -$83,116
- Total assets, end of year
- $4,512,719
- Total liabilities, end of year
- $412,731
- Net assets or fund balances, end of year
- $4,099,988
- Program services expenses (Part IX)
- $1,602,156
- Management and general expenses
- $317,370
- Fundraising expenses
- $190,203
- Program service expenses (Part III)
- $1,602,156
Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$258,679
-
1e · Government grants (contributions)
$283,065
-
1f · All other contributions, gifts and grants
$176,365
-
1g · Noncash contributions included above
$9,617
-
2a · Program service revenue: ADMISSIONS
total $695,261 · related or exempt $695,261
-
2b · Program service revenue: MEMBERSHIP DUES
total $314,236 · related or exempt $314,236
-
2c · Program service revenue: PROGRAM AND FACILITY
total $59,256 · related or exempt $59,256
-
2d · Program service revenue: GUEST WELCOME CENTER
total $57,030 · related or exempt $57,030
-
2e · Program service revenue: SPECIAL PROGRAM FEES
total $18,111 · related or exempt $18,111
-
3 · Investment income
total $33,441 · excluded $33,441
-
8a · Fundraising events: gross income
$43,350
-
8a · Fundraising events: contributions included on line 1c
$258,679
-
8b · Fundraising events: direct expenses
$150,365
-
8c · Net income from fundraising events
total -$107,015 · excluded -$107,015
-
10a · Gross sales of inventory
$45,164
-
10b · Cost of goods sold
$24,265
-
10c · Net income from sales of inventory
total $20,899 · related or exempt $20,899
-
11a · Other revenue: ADVERTISING REVENUE
total $3,000 · unrelated business $3,000
-
11e · Other revenue, total
$3,000
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $140,728 · program services $35,182 · management and general $70,364 · fundraising $35,182
-
7 · Other salaries and wages
total $945,365 · program services $839,742 · management and general $30,907 · fundraising $74,716
-
8 · Pension plan contributions
total $16,100 · program services $15,261 · fundraising $839
-
9 · Other employee benefits
total $60,515 · program services $51,609 · management and general $3,549 · fundraising $5,357
-
10 · Payroll taxes
total $84,700 · program services $68,607 · management and general $7,623 · fundraising $8,470
-
11c · Fees: accounting
total $61,167 · management and general $61,167
-
11g · Fees: other
total $130,143 · program services $129,915 · management and general $228
-
12 · Advertising and promotion
total $48,000 · fundraising $48,000
-
13 · Office expenses
total $86,347 · program services $64,172 · management and general $7,130 · fundraising $15,045
-
16 · Occupancy
total $40,539 · program services $36,485 · management and general $4,054
-
19 · Conferences, conventions and meetings
total $25,943 · program services $21,014 · management and general $2,335 · fundraising $2,594
-
20 · Interest
total $844 · management and general $844
-
22 · Depreciation, depletion and amortization
total $165,984 · program services $149,286 · management and general $16,698
-
23 · Insurance
total $22,439 · management and general $22,439
-
24a · Other expenses: PROGRAM SUPPLIES
total $83,675 · program services $83,675
-
24b · Other expenses: REPAIRS & MAINTENANCE
total $78,530 · program services $78,530
-
24c · Other expenses: GIFT CARD FEES
total $53,477 · management and general $53,477
-
24d · Other expenses: EXHIBIT EXPENSES
total $28,678 · program services $28,678
-
24e · All other expenses
total $36,555 · management and general $36,555
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $101,560 · end of year $37,096
-
2 · Savings and temporary cash investments
beginning of year $826,654 · end of year $825,610
-
4 · Accounts receivable
beginning of year $279,183 · end of year $33,628
-
8 · Inventories for sale or use
beginning of year $14,547 · end of year $19,408
-
9 · Prepaid expenses and deferred charges
beginning of year $5,780 · end of year $3,826
-
10a · Land, buildings and equipment: cost or other basis
$2,630,005
-
10b · Land, buildings and equipment: accumulated depreciation
$1,845,349
-
10c · Land, buildings and equipment, net
beginning of year $897,657 · end of year $784,656
-
15 · Other assets
beginning of year $3,378,127 · end of year $2,808,495
-
17 · Accounts payable and accrued expenses
beginning of year $178,957 · end of year $153,613
-
19 · Deferred revenue
beginning of year $208,347 · end of year $208,170
-
21 · Escrow or custodial account liability
beginning of year $103,995 · end of year $31,972
-
25 · Other liabilities
beginning of year $32,293 · end of year $18,976
-
27 · Net assets without donor restrictions
beginning of year $1,526,371 · end of year $1,278,270
-
28 · Net assets with donor restrictions
beginning of year $3,453,545 · end of year $2,821,718
Mission and programs · 2023
Mission
TO INSPIRE EVERY CHILD TO IMAGINE, CREATE, DISCOVER, AND EXPLORE THROUGH THE POWER OF PLAY.
-
THE IOWA CHILDREN'S MUSEUM HAS FIVE EDUCATIONAL INITIATIVES FOR ALL PROGRAMS AND EXHIBITS. THESE INCLUDE STEM (SCIENCE, TECHNOLOGY, ENGINEERING & MATH), 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 FY24, THE MUSEUM SERVED MORE THAN 180,000 INDIVIDUALS OVER THE COURSE OF THE YEAR. SOME OF THE MUSEUM'S SPECIFIC COMMUNITY-BASED PROGRAMS AND ACCOMPLISHMENTS ARE AS FOLLOWS:TAKE FLIGHT EXHIBIT RENOVATION: TAKE FLIGHT: THE SCIENCE OF AVIATION IS THE MUSEUM'S SINGLE LARGEST EXHIBIT. ENCOMPASSING THOUSANDS OF SQUARE FEET ALONG THE FRONT OF THE MUSEUM, THIS EXHIBIT HAS CAPTURED CHILDREN'S AND FAMILIES' IMAGINATIONS FOR WELL OVER A DECADE. IN FY24, THE MUSEUM TEAM COMPLETED A MASSIVE OVERHAUL OF THIS BELOVED SPACE, BUILDING THREE ALL-NEW FLIGHT SIMULATORS, PRODUCING AND IMPLEMENTING A CAREER VIDEO AND EXPLORATION CORNER, INCORPORATING LIVE FLIGHT RADAR AND AIR TRAFFIC CONTROL SOUNDS, AND MUCH MORE.STEM SMART PROGRAMS: STEM SMART ENCOURAGES LITERACY AND HEALTHY DEVELOPMENT BY PROVIDING PROGRAMS THAT ALLOW CHILDREN TO APPLY AN 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. IN ADDITION TO CONTINUING WITH A BROAD RANGE OF ONGOING STEM INITIATIVES, THE MUSEUM PARTNERED WITH COLLINS AEROSPACE ON ITS GLOBAL MONTH OF SERVICE IN APRIL, COMPLETING A NUMBER OF DIFFERENT PROJECTS WITH COLLINS VOLUNTEERS AND BUILDING/DISTRIBUTING MORE THAN 100 UNIQUE STEM KITS TO CHILDREN IN OUR COMMUNITY. THE DYNAMIC STORYTIME STEM PROGRAM, WHICH FOCUSES ON BUILDING BOTH LITERACY AND COMPUTER SKILLS FOR STUDENTS IN KINDERGARTEN THROUGH 2ND GRADE, CONTINUED THIS FISCAL YEAR, WITH THE ICM SECURING FUNDING TO EXTEND IT INTO HIGH-NEED ELEMENTARY SCHOOLS IN CEDAR RAPIDS.ICM FOR EVERYONE AND ICM2GO: THE MUSEUM CONTINUED WITH A RANGE OF ACCESSIBILITY INITIATIVES THROUGHOUT THE FISCAL YEAR, WITH PARTICIPATION IN THE MUSEUMS FOR ALL ADMISSION PROGRAM ALONE MORE THAN DOUBLING TO 18,500 VISITORS. THE ICM2GO PROGRAM CONNECTS ICM'S "PLAY TO LEARN" MODEL WITH CHILDREN AND FAMILIES ON-SITE THROUGHOUT THE EASTERN IOWA CORRIDOR. WITH TWO VEHICLES NOW OUT ON THE ROAD, ESPECIALLY DURING THE SUMMER MONTHS, AND AN INCREASING NUMBER OF STAFF TRAINED TO DO THIS WORK, THE ICM IS WORKING OUTSIDE ITS WALLS MORE BOLDLY AND BROADLY THAN EVER BEFORE.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 THIRD 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 FY24 WITH THOUSANDS OF PEOPLE GATHERING IN THE MALL PARKING LOT FOR A ONE-OF-A-KIND OPPORTUNITY FOR LEARNING AND FAMILY FUN. COMMUNITY CONNECTIONS AND NEW PARTNERSHIPS: DURING FY24, THE ICM CONNECTED WITH A RANGE OF DIFFERENT ORGANIZATIONS AND CAUSES HIGHLIGHTED BY BEING NAMED THE 2024 AWARD WINNER FOR THE FAMILY FUN, KID'S PARTY PLACES, SUMMER CAMP, TOURIST ATTRACTIONS CATEGORY BY THE LOCALS HUB. AT THE STATEWIDE LEVEL, THE ICM HAS BEEN RECOGNIZED FOR THE FIRST TIME AS A NASA IOWA SPACE GRANT CONSORTIUM OUTREACH AFFILIATE, WHILE CONTINUING AS A CULTURAL LEADERSHIP PARTNER THROUGH THE IOWA ARTS COUNCIL. LOCALLY, AMONG OTHER INITIATIVES, MUSEUM LEADERS WERE ACTIVELY INVOLVED IN THE PLANNING AND DELIVERY OF THE RAGBRAI OVERNIGHT EVENT IN CORALVILLE, THE COMMUNITY LEADERSHIP PROGRAM AND HERKY ON PARADE 3.0.
Expenses $1,602,156 · Revenue $1,164,793
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
SHAFFER KRISTEN
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
EHLY PAM
PAST BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
YODER CELESTE
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
GOETZINGER CHARLIE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
MAHON NICK
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1.5
-
BERN LISSA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JONES KIM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KAUFMAN CAROLINA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KIVLIGHAN LAURA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KLEPPE JACKIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MOORE ELLIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
NELSON ERIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
O'NEIL DAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
RAMEY CHACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
RUSSELL BEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
SWOPE BRI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
WACHENDORF JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
WEST AMANDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
CAPPS JEFF
EXECUTIVE DIRECTOR
- Total calculated
- $147,442
- From this org
- $129,290
- From related orgs
- $0
- Other
- $18,152
- Hours/week
- 50
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 18 December 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423559349301407
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.