2025-03-13T12:25:46-05:00 2024-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-07-01 411354181 Minnesota Children's Museum MINN 6512256000 10 West 7th Street St Paul MN 55102 Fola Tiamiyu Dir of Finance and Technology 6512256000 2025-03-11 1 1 Deb Nelson CPA P01264758 6122536500 2025-03-11 2023 2025-03-06 01:10:19Z Dianne Krizan 10 West 7th Street St Paul MN 55102 14646687 0 X www.mcm.org X 1979 MN Sparking children's learning through play 41 41 191 100 0 0 4607099 3462526 4924291 5586810 320236 637095 -64377 60204 9787249 9746635 0 0 0 0 4793670 5483876 0 0 623385 10515487 4238128 15309157 9722004 -5521908 24631 41407396 42256977 2929851 3113499 38477545 39143478 X Minnesota Children's Museum is dedicated to providing children with a fun, hands-on and stimulating environment to explore and discover. The museum helps to instill a lifelong love of learning by nurturing the real-world skills children need to become engaged citizens in the future. 0 0 6469057 4194342 At the Minnesota Children's Museum (the Museum), the mission is sparking children's learning through play. The Museum's vision for the community is: Kids play more. Adults do, too. All families thrive as a happier, healthier, and more innovative community through the radiant power of play. The Museum features kid-powered play spaces where families have fun together and children take the lead. Through interactive exhibits and programs, the Museum provides open-ended, self-directed experiences that give kids and adults the space and freedom to explore their interests, solve problems and build life skills like confidence, critical and creative thinking, communication and more. Program service statement continue: The Museum in St. Paul features 10 permanent exhibits including a four-story climber with spiral slide, laser maze, car wash, ball launchers, maker space, pretend town, and a gallery for toddlers and pre-schoolers. There's also a traveling exhibits gallery that features a new experience every few months. Play is powerful and universal. It's an innate impulse in kids that helps them thrive and grow into healthy, happy adults. Yet, pressures on play like screen time, adult-led academic activities, safety worries and busy family schedules continue to decrease the amount of time kids spend playing. Through play, kids learn how to learn, build relationships with others, and develop life skills that set them up for future success. Equally important, when kids play, they have fun, which leads to joy and happiness. Play is not frivolous, it's essential. That's why we work to inspire more play by providing resources for parents to support their child's playful learning. Minnesota Children's Museum believes play is powerful and universal, uniting people across cultures, backgrounds and beliefs. All families are welcome and encouraged to experience the power of play at the museum. Our All Play program provides discounted tickets and membership to income-qualified families, helping make the museum accessible to everyone. 1208067 1392468 Traveling Exhibit Production & Design: The Museum is the leading producer of traveling exhibits for the children's museum industry, reaching hundreds of thousands of individuals annually. The Museum's current portfolio consists of 12 active exhibits, which are rented to children's museums, science museums, and other family-serving entities across North America. The Museum's traveling exhibit program leverages the Museum's core strength of producing engaging exhibits that foster children's learning. Traveling exhibit production and design includes exhibit maintenance for active exhibits on tour throughout North America, along with the design and production of new exhibits to build the Museum's portfolio of traveling exhibits. 7677124 1 1 0 1 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 38 0 1 191 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 41 41 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X Fola Tiamiyu 6512256024 10 West 7th Street St Paul MN 55102 Drew Zinkel Chair of the Board 1.20 X X 0 0 0 Suzette Huovinen Past Chair 1.20 X X 0 0 0 Matt Brown Treasurer 1.20 X X 0 0 0 Kate McRoberts Secretary 1.20 X X 0 0 0 Adrian Chiu Director 1.20 X 0 0 0 Andrea Jaffee Director 1.20 X 0 0 0 Andrea Piepho Director 1.20 X 0 0 0 Bryan Holloway Director 1.20 X 0 0 0 Benjamin Ollendick Director 1.20 X 0 0 0 Carmen Johnson Director 1.20 X 0 0 0 Chris Kelley Director 1.20 X 0 0 0 Clayton O'Toole Director 1.20 X 0 0 0 Cody Warren Director 1.20 X 0 0 0 David Benedict Director 1.20 X 0 0 0 Debra Bauler Director 1.20 X 0 0 0 Derek Naill Director 1.20 X 0 0 0 Dexter Davis Director 1.20 X 0 0 0 Elisa Rasmussen Director 1.20 X 0 0 0 Elizabeth Cummings Director 1.20 X 0 0 0 Elizabeth Rominski Director 1.20 X 0 0 0 Frank Bedo Director 1.20 X 0 0 0 Grady Davis Director 1.20 X 0 0 0 Jeanne Junker Director 1.20 X 0 0 0 Jennifer Bratton Director 1.20 X 0 0 0 Jim Mancini Director 1.20 X 0 0 0 John Henningsgard Director 1.20 X 0 0 0 Julie Joyce Director 1.20 X 0 0 0 Katie Milliken Director 1.20 X 0 0 0 Ken Hanley Director 1.20 X 0 0 0 Kimberlee Sinclair Director 1.20 X 0 0 0 Larriss Maldonado Director 1.20 X 0 0 0 Marcus Ploeger Director 1.20 X 0 0 0 Mark Hubler Director 1.20 X 0 0 0 Michael Fiddelke Director 1.20 X 0 0 0 Nicole Garrison Director 1.20 X 0 0 0 Sara Swenson Director 1.20 X 0 0 0 Scott Peterson Director 1.20 X 0 0 0 Stephen Friend Director 1.20 X 0 0 0 Su Ryeon Kang Director 1.20 X 0 0 0 Tricia Brackeen Director 1.20 X 0 0 0 Will Brady Director 1.20 X 0 0 0 Dianne Krizan President 40.00 X 233353 0 31332 Fola Tiamiyu Dir of Finance & Technolog 40.00 X 108484 0 34805 Robert Ingrassia VP of External Relations 40.00 X 145584 0 6087 Briana Geurink VP of Philanthropy 40.00 X 133029 0 6922 Allison Gredesky Director of Talent Resources 40.00 X 102415 0 13885 Joseph Olson VP of Museum Experience 40.00 X 162291 0 12782 885156 0 105813 6 0 1 0 TK Elevator 3100 Interstate N Cir SE Ste 500 Atlanta GA 303392227 Elevator Upgrade/Installation 276772 Brin Glass Service 2300 N 2nd St Minneapolis MN 55411 Building Improvements 108619 2 348290 1226878 1887358 784652 3462526 Museum Admissions 713990 2089245 2089245 Memberships 713990 1617653 1617653 Exhibit Rentals and Sales 713990 1392468 1392468 Education & Groups 713990 166997 166997 Parties & Events Revenue 713990 57742 57742 262705 262705 5586810 465536 465536 126242 126242 14157 0 14157 14157 14157 4966946 4795387 171559 171559 171559 24470 348290 104665 -80195 -80195 9746635 5586810 0 697299 414804 67241 280322 67241 38834 38834 4228005 3440893 437286 349826 67029 57505 4341 5183 387488 342832 13374 31282 347716 270505 46790 30421 11472 8110 3094 268 49645 6300 43345 40148 40148 50536 50536 262732 214969 33457 14306 299335 263978 30637 4720 193014 167091 4194 21729 94817 64529 29784 504 737510 602278 119743 15489 93044 92216 736 92 66320 34476 9994 21850 1708249 1587369 120880 106561 350 106211 Supplies 305646 255308 4441 45897 Fees/Permits/License 216526 162340 42109 12077 2573 73 2500 9722004 7677124 1421495 623385 191478 7100 4150276 2380916 1260261 641181 98331 110961 123712 109551 45734080 20540488 25504944 25193592 10078394 13812502 0 1174 41407396 42256977 855674 863172 1958222 2133074 115955 115955 0 1298 2929851 3113499 X 33412824 34086745 5064721 5056733 38477545 39143478 41407396 42256977 24631 641302 0 X 0 1 X 1 0 X 3526732 5052381 6521554 4607099 3462526 23170292 3526732 5052381 6521554 4607099 3462526 23170292 2551395 20618897 220685 83991 183231 308807 605935 1402649 609938 609938 25182879 20051076 0.81880 0.80830 X Schedule A, Part II, Section B, Line 10: Other income in column (c) for 2021 consists of the Employee Retention Credit revenue. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 40148 40148 7677124 7717272 535864 133966 0 0 484270 422878 817962 535864 2260974 3391461 20000 15000 26664 40148 101812 121068 105720 204491 133966 565245 847868 725000 725000 X 0 7746009 110500 954913 327000 8484422 5731777 1548508 739724 274000 7746009 5424417 1447171 -909811 230000 5731777 4345990 1308427 230000 5424417 4620620 -44630 230000 4345990 0.47010 0.46140 0.06850 0 0 1600000 1600000 29080394 12210159 16870235 934984 747583 187401 14118702 7582746 6535956 25193592 ROU Liability 1298 1298 X 10363815 641302 16400 657702 9706113 50536 -10014 40522 9746635 9697882 16400 10014 26414 9671468 50536 50536 9722004 Part III, Line 4: The art sculpture is located outside the museum. It is a monumental bronze composition in seven parts, depicting children's lettered building blocks assembled to spell "Imagine." The sculpture promotes the exempt purpose of the Museum by reaching children and adults to come to the Museum and imagine and play. Part V, Line 4: The endowment funds are used to support program services of the Children's Museum based on board appropriation subject to policy limitations. Part X, Line 2: The Museum believes it has appropriate support for any tax positions taken affecting their annual filing requirements, and as such, does not have any uncertain tax positions that are material to its financial statements. The Museum would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 4b - Other Adjustments: Additional special event expenses included in revenue -10,014. Part XII, Line 2d - Other Adjustments: Additional special event expenses included in revenue 10,014. Gala 372760 348290 24470 4644 52634 22835 24552 372760 348290 24470 4644 52634 22835 24552 104665 -80195 X X 0 0 0 0 0 0 0 0 0 Dianne Krizan President 201853 0 31500 0 0 0 7272 0 24313 0 264938 0 0 0 Joseph Olson VP of Museum Experience 162291 0 0 0 0 0 4250 0 8786 0 175327 0 0 0 Robert Ingrassia VP of External Relations 145584 0 0 0 0 0 4407 0 1933 0 151924 0 0 0 Abigail Krizan Daughter to Dianne Krizan, President 38834 Compensation and benefits as an employee 0 X 1 725000 Appraisal X 3 16810 Open market value X Gala auction donations 84 42842 Purchase Price 1 0 1 0 Part I, Column (b): Part I, column (b) includes a combination of number of contributors and items received. Form 990, Part VI, Section A, line 1a By resolution approved by the affirmative vote of a majority of the Directors present at a meeting of the Board of Directors, the Board of Directors may designate five or more Directors to constitute an Executive Committee. The President, even though a nonvoting member of the Committee, may be one of five committee members if so designated by the Board of Directors. The Executive Committee shall act only during intervals between meetings of the Board of Directors. During such intervals and subject at all times to the direction and control of the Board of Directors, the Executive Committee shall have and may exercise all of the authority and powers of the Board of Directors in the management of the business of the corporation subject to such limitations as the Board of Directors may impose from time to time. Unless specifically authorized by the Board of Directors by resolution approved by affirmative vote of a majority of Directors present at a meeting of the Board of Directors, the Executive Committee shall not have the authority and power to elect officers, to amend the Articles of Incorporation, to adopt a plan of merger or consolidation, to authorize the sale or other disposition of all or substantially all of the property and assets of the corporation, to authorize a voluntary dissolution of the corporation or a revocation thereof, or to amend these Bylaws. The President of the Corporation shall, during his or her respective term as such officer, be an ex officio non-voting member of the Executive Committee, with all of the other rights and privileges of the other members except those of and pertaining to term of office. Form 990, Part VI, Section A, line 2 Suzette Huovinen and Andrea Piepho have a business relationship. Form 990, Part VI, Section B, line 11b The Organization's Form 990 is prepared by an independent accounting firm and reviewed by the Finance Director and the Board of Director's Finance Committee prior to filing. The Board receives a copy of the Form 990 prior to filing. Form 990, Part VI, Section B, line 12c All policies, including the conflict of interest policy, are reviewed on an annual basis. The conflict of interest policy requires all officers, directors, and key employees to sign a conflict of interest disclosure form annually. If a conflict is present, the member will not be present during discussions and must abstain from vote. Any existing conflicts are to be documented in the meeting minutes. Form 990, Part VI, Section B, line 15a The Executive Committee determines the compensation of the President on an annual basis. A comparability study and/or other resource is used as needed to determine appropriate levels of compensation. Sources used for comparability studies in support of these reviews included MN Council of Nonprofits Salary & Benefits Survey, Total Compensation Survey (National Nonprofit Survey), and Association of Children's Museums & Association of Science Technology Centers Workforce Survey. O'Net, American Alliance of Museums, and EAA (national Executive Salary Survey) are also used. The process and determination is documented in the personnel file. The process of determining compensation for the Director of Finance & Technology is the same as the top management official except that it is approved by the President rather than the Executive Committee. The compensation comparability study is completed every other year, but compensation is reviewed annually during the merit process. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available to the public upon request.