Form 990 for tax year 2024
Filed by THE@MUSEUM OF INFORMATION EXPLOSION.
Totals
- Total revenue
- $1,099,582
- Total expenses
- $647,027
- Contributions and grants received
- $1,069,099
- Grants paid
- $0
- Program service revenue
- $30,483
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $4,373,411
- Total liabilities, end of year
- $2,194,032
- Net assets or fund balances, end of year
- $2,179,379
- Program services expenses (Part IX)
- $580,155
- Management and general expenses
- $50,947
- Fundraising expenses
- $15,925
- Program service expenses (Part III)
- $580,155
Program services were 89.7% 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.
-
1b · Membership dues
$2,845
-
1f · All other contributions, gifts and grants
$1,066,254
-
1g · Noncash contributions included above
$190,100
-
2a · Program service revenue: Admission
total $24,416 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Miscellaneous
total $6,067 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $63,680 · program services $63,680 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $46,329 · program services $46,329 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $8,416 · program services $8,416 · management and general $0 · fundraising $0
-
20 · Interest
total $124,938 · program services $124,938 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $118,353 · program services $118,353 · management and general $0 · fundraising $0
-
24a · Other expenses: Bank fees
total $1,822 · program services $0 · management and general $1,822 · fundraising $0
-
24b · Other expenses: Computer software
total $3,333 · program services $3,333 · management and general $0 · fundraising $0
-
24c · Other expenses: Donor events
total $5,785 · program services $0 · management and general $0 · fundraising $5,785
-
24d · Other expenses: Insurance
total $16,278 · program services $16,278 · management and general $0 · fundraising $0
-
24e · All other expenses
total $258,093 · program services $198,828 · management and general $49,125 · fundraising $10,140
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $106,247 · end of year $48,278
-
3 · Pledges and grants receivable
beginning of year $213,500 · end of year $202,992
-
10a · Land, buildings and equipment: cost or other basis
$3,788,215
-
10b · Land, buildings and equipment: accumulated depreciation
$118,353
-
10c · Land, buildings and equipment, net
beginning of year $3,072,256 · end of year $3,669,862
-
15 · Other assets
beginning of year $433,770 · end of year $452,279
-
17 · Accounts payable and accrued expenses
beginning of year $23,170 · end of year $28,032
-
22 · Loans and payables to officers and key people
beginning of year $2,075,779 · end of year $2,166,000
-
27 · Net assets without donor restrictions
beginning of year $1,724,625 · end of year $2,171,969
-
28 · Net assets with donor restrictions
beginning of year $2,199 · end of year $7,410
Mission and programs · 2024
Mission
To educate the community and visitors on the history of scientists, engineers, and business leaders who brought about a series of technology advances beginning with the telegraph and leading to modern cell phones.
-
To finalize the capital campaign and museum exhibits, hire and train staff, create the marketing plan and prepare for grand opening.
Expenses $375,144 · Revenue $928,966
-
The museum opened on March 1, 2025 and presents a variety of exhibits and programs that uses a collection of over 2000 historical artifacts to educate guests on the subjects of science, the history of technology, engineering and mathematics (STEM), while sharing the stories of the leaders, engineers, inventors and scientists who over 200 years helped to change communication from laborious hand delivered messages to modern day instantaneous hand-held electronic communication
Expenses $205,011 · Revenue $170,616
As filed on the 2024 return.
Listed in Part VII
-
Marc J Bendickson
Chair
- Total calculated
- $0
- Hours/week
- 40
-
Michael Scott Jones
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Howard Glenn Burton
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Cindy Griner
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Linda L Quinn
Member
- Total calculated
- $52,800
- From this org
- $52,800
- From related orgs
- $0
- Other
- $0
- Hours/week
- 16
-
Gina James
Executive Director
- Total calculated
- $63,680
- From this org
- $63,680
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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
- 2024
- Filed
- 5 September 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513049349301326
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