2022-12-20T12:42:52-06:00 2022-06-30 520982413 GROSS MENDELSOHN & ASSOCIATES PA 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 990 2021-07-01 521806933 THE BALTIMORE CHILDREN'S MUSEUM INC BALT 4107278120 35 MARKET PLACE BALTIMORE MD 21202 FREDERICK C WILLIAMS JR VP & CFO 4107278120 2022-12-20 1 FREDERICK WILLIAMS JR 999009999 JAMES E CRISP P00025401 4106855512 2022-12-20 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z PORT DISCOVERY CHILDREN'S MUSEUM CARTER POLAKOFF 35 MARKET PLACE BALTIMORE MD 21202 5116585 0 X WWW.PORTDISCOVERY.ORG X 1993 MD PORT DISCOVERY CHILDREN'S MUSEUM CONNECTS PURPOSEFUL PLAY AND LEARNING WITHIN ITS WALLS AND BEYOND. 35 35 96 20 663 0 4413778 2905423 602325 1976190 122670 36377 15953 20092 5154726 4938082 0 0 0 0 2181832 2690389 0 0 358058 2251740 2587383 4433572 5277772 721154 -339690 20197093 18998557 1786895 1063378 18410198 17935179 X PORT DISCOVERY CHILDREN'S MUSEUM'S MISSION IS TO CONNECT PURPOSEFUL PLAY AND LEARNING WITHIN ITS WALLS AND BEYOND. 0 0 3679579 1976190 LOCATED IN BALTIMORE'S HISTORIC FISH MARKET BUILDING IN THE INNER HARBOR, PORT DISCOVERY IS AN 80,000 SQUARE-FOOT CHILDREN'S MUSEUM OFFERING THREE FLOORS OF INTERACTIVE EXHIBITS, LEARNING SPACES, AND TRAVELING EXHIBITIONS. SINCE OPENING, WE HAVE SERVED OVER 5 MILLION VISITORS AS ONE OF THE MID-ATLANTIC REGION'S LEADING CHILDREN'S MUSEUMS. PORT DISCOVERY'S EXHIBITS, EXPERIENCES, AND PROGRAMS ENCOURAGE CHILDREN TO USE THEIR IMAGINATIONS, EXPLORE HOW THINGS WORK, BUILD CONFIDENCE, AND LEARN AND PRACTICE SOCIAL AND EMOTIONAL SKILLS. WE DO THIS WORK IN THE FOLLOWING BROAD CATEGORIES:(SEE SCHEDULE O FOR CONTINUATION) PROVIDING ACCESS FOR ALL: PORT DISCOVERY OFFERS FREE AND REDUCED ADMISSION TO MARYLAND SCHOOL STUDENTS, LOW-INCOME FAMILIES, AND MILITARY FAMILIES THROUGH PROGRAMS SUCH AS PLAYMAKERS, COMMUNITY DAYS, AND SALUTE THE TROOPS. ADDITIONALLY, ACCESS INCLUDES TRAINING STAFF AND IMPROVING FACILITY CAPACITY TO SERVE FAMILIES WITH SPECIFIC DISABILITIES AND EDUCATIONAL NEEDS. INNOVATIVE EXHIBITS: PORT DISCOVERY'S EXHIBITS AND EXPERIENCES ARE MADE FOR HANDS-ON EXPLORATION, FROM TINY'S DINER AND WONDERS OF WATER TO OUR SIGNATURE CORE EXPERIENCE - THE S.S. FRIEND SHIP! ON THIS IMMERSIVE WALK-THROUGH CARGO SHIP, CHILDREN CAN LOAD GOODS, SIT IN THE CAPTAIN'S SEAT, ACTIVATE THE ENGINES, WORK A GANTRY CRANE, AND READ ABOUT THE PORT OF BALTIMORE THROUGH EDUCATIONAL TEXT AND MARKERS. AS A SITE DEVOTED TO SERVING CHILDREN AND FAMILIES, PORT DISCOVERY IS OFTEN THE FIRST TIME THAT OUR YOUNGEST LEARNERS EXPERIENCE LOCAL HISTORY AND BEGIN LEARNING ABOUT BALTIMORE'S NOTABLE HERITAGE. EDUCATIONAL PROGRAMS: THIS PROGRAMMING INCLUDES ARTS- AND SCIENCE-BASED WORKSHOPS, NATURE-BASED LEARNING OPPORTUNITIES, ENGAGEMENT THROUGH THE ARTS, AND VIRTUAL PROGRAMS THAT INVITE CHILDREN INTO A RANGE OF SUBJECTS FROM MARYLAND'S HISTORIC LIGHTHOUSES TO THE LIFE OF A BUMBLE BEE. ON AVERAGE, THE MUSEUM SERVES OVER 30,000 STUDENTS ANNUALLY, WITH 40% OF THOSE REPRESENTING TITLE I SCHOOLS. TWO GENERATIONS AT PLAY INITIATIVE: THIS SUITE OF PROGRAMS PROVIDES RESOURCES TO THOSE WHO HOLD THE MOST IMPORTANT ROLE IN THE HEALTHY DEVELOPMENT AND WELL-BEING OF MARYLAND'S YOUNG CHILDREN, PARENTS, CAREGIVERS, AND EDUCATORS. PROGRAMMING INCLUDES FATHERS AT PLAY AND PARENTS AT PLAY, BOTH OF WHICH EMPOWER PARENTS THROUGH PURPOSEFUL PLAY STRATEGIES AND PEER LEARNING; AND PROFESSIONALS AT PLAY, WHICH SUPPORTS OUR EARLY CHILDHOOD WORKFORCE ACROSS VARIOUS SETTINGS AND THROUGHOUT THE STATE.DURING THE YEAR ENDED JUNE 30, 2022, THE MUSEUM'S ATTENDANCE HAD NOT FULLY RETURNED TO ITS PRE-PANDEMIC LEVEL. THE MUSEUM HAS ATTEMPTED TO MITIGATE THE EFFECTS OF THE PANDEMIC BY VARIOUS EFFORTS INCLUDING SIGNIFICANT RELIEF FUNDING, WHICH IS INCLUDED IN CONTRIBUTIONS AND GRANTS.THE MUSEUM RECEIVED DONATED LEGAL SERVICES VALUED AT $13,891, LOBBYING SERVICES VALUED AND $18,000, AND RENT VALUED AT $48,000. OTHER INDIVIDUALS, WHOSE SERVICES WERE NOT VALUED BECAUSE THEY COULD NOT BE MEASURED OBJECTIVELY, VOLUNTEERED APPROXIMATELY 1,200 HOURS OF THEIR TIME. 3679579 1 1 0 1 0 0 0 0 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 0 0 1 0 0 0 0 0 0 0 0 1 12 0 1 96 1 0 0 0 0 0 0 0 0 0 0 0 0 X 35 35 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X X FREDERICK C WILLIAMS JR 4107278120 35 MARKET PLACE BALTIMORE MD 21202 DENNIS F RASMUSSEN CHAIRMAN 3.00 X X 0 0 0 MONICA BRANDES VICE CHAIR 2.00 X X 0 0 0 CARIM KHOUZAMI VICE CHAIR 2.00 X X 0 0 0 MARK POLLAK SECRETARY 2.00 X X 0 0 0 GORDON M STETZ JR TREASURER 2.00 X X 0 0 0 DOUGLAS L BECKER DIRECTOR 0.50 X 0 0 0 STEPHEN CANARAS DIRECTOR 0.50 X 0 0 0 HOLLY CARNEVALE DIRECTOR 0.50 X 0 0 0 ANGELA CELESTIN DIRECTOR 0.50 X 0 0 0 WILLIAM S COREY JR DIRECTOR 0.50 X 0 0 0 SAL DHANANI DIRECTOR 0.50 X 0 0 0 DANIEL FULMER DIRECTOR 0.50 X 0 0 0 ROBERT E GABRYS DIRECTOR 0.50 X 0 0 0 JEFFREY GRAHAM DIRECTOR 0.50 X 0 0 0 RANDY GUTTMAN DIRECTOR 0.50 X 0 0 0 KATHLEEN S HARDWAY DIRECTOR 0.50 X 0 0 0 CHARLIE HATTER DIRECTOR 0.50 X 0 0 0 DANA HENSON DIRECTOR 0.50 X 0 0 0 ANTHONY V IMBRAGUGLIO DIRECTOR 0.50 X 0 0 0 DOMINIQUE KELLY DIRECTOR 0.50 X 0 0 0 MATTHEW D KLAIBER DIRECTOR 0.50 X 0 0 0 CHAD LANE DIRECTOR 0.50 X 0 0 0 CLARKE LANGRALL JR DIRECTOR 0.50 X 0 0 0 M GAY GARTH LEGG DIRECTOR 0.50 X 0 0 0 BROOKE LIERMAN DIRECTOR 0.50 X 0 0 0 JENNIFER B LITCHMAN DIRECTOR 0.50 X 0 0 0 WILLIAM PALMER DIRECTOR 0.50 X 0 0 0 TERESA PAYNE-NUNN DIRECTOR 0.50 X 0 0 0 MELANIE PERREAULT DIRECTOR 0.50 X 0 0 0 BRICE PHILLIPS DIRECTOR 0.50 X 0 0 0 THOMAS PILKERTON DIRECTOR 0.50 X 0 0 0 CHRISTOPHER S RIPLEY DIRECTOR 0.50 X 0 0 0 SHANTELL ROBERTS DIRECTOR 0.50 X 0 0 0 BARBARA TACHOVSKY DIRECTOR 0.50 X 0 0 0 MORRY ZOLET DIRECTOR 2.00 X 0 0 0 CARTER POLAKOFF PRESIDENT & CEO 40.00 X 104647 0 26665 FREDERICK C WILLIAMS JR VP & CFO 40.00 X 113833 0 13303 BRYN PARCHMAN FORMER PRESIDENT & CEO 40.00 X 316167 0 29107 534647 0 69075 2 1 1 0 LEWIS CONTRACTORS 55 GWYNNS MILL COURT OWINGS MILLS MD 21117 GENERAL CONTRACTOR 739701 ZIGER SNEAD LLP 1006 MORTON STREET BALTIMORE MD 21201 ARCHITECTURAL SERVICES 128807 2 6174 159327 1756011 983911 2435 2905423 ADMISSIONS 900099 1499814 1499814 MEMBERSHIPS 900099 338940 338940 PROGRAM FEES 900099 107719 107719 VIRTUAL LEARNING 900099 29717 29717 1976190 23534 23534 7625 517 7108 7108 7108 105284 92119 322 13165 -322 12843 12843 79703 159327 85545 -5842 -5842 OTHER INCOME 900099 11932 11932 VENDING MACHINES 900099 6231 6231 CATERING COMMISSIONS 722320 663 663 18826 4938082 1976190 663 55806 686055 340357 235327 110371 1632434 1136621 327251 168562 54468 20649 26384 7435 140046 78150 44282 17614 177386 116529 40685 20172 1210 1210 30200 30200 194806 2387 177679 14740 163825 163825 87454 50918 28717 7819 145047 20391 120530 4126 415802 415802 8803 5473 2388 942 9331 4848 3969 514 2140 159 1823 158 1200872 1166593 22854 11425 4754 4754 PROGRAM & EXHIBITS 236916 236916 CREDIT CARD COMMISSIONS 70124 68229 1895 MISCELLANEOUS 16099 15557 8257 -7715 5277772 3679579 1240135 358058 1234697 1067756 1335973 1284470 1029352 761613 531140 230259 90692 82152 30791000 16141778 14685834 14649222 1079633 923085 209772 0 20197093 18998557 810330 888635 191917 172386 566753 217895 2357 1786895 1063378 X 15752965 15729074 2657233 2206105 18410198 17935179 20197093 18998557 -339690 -135329 0 X X 0 1 X 1 0 X 5999586 8186731 2685270 4537544 3244363 24653494 5999586 8186731 2685270 4537544 3244363 24653494 524274 24129220 87116 51602 71387 25325 31159 266589 3202 3474 663 7339 19277 14786 21025 8931 18163 82182 25009604 6689855 0.96480 0.95380 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: VENDING - 2017 AMOUNT: $ 5,542. 2018 AMOUNT: $ 4,561. 2019 AMOUNT: $ 6,025. 2020 AMOUNT: $ 5,325. 2021 AMOUNT: $ 6,231. OTHER INCOME - 2017 AMOUNT: $ 13,735. 2018 AMOUNT: $ 10,225. 2019 AMOUNT: $ 15,000. 2020 AMOUNT: $ 3,606. 2021 AMOUNT: $ 11,932. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 212 0 0 212 0 PART I-A, LINE 1: NO POLITICAL CAMPAIGN ACTIVITIES ARE CONDUCTED PART II-B, LINE 1: THESE COSTS WERE INCURRED IN REGARD TO LEGISLATION TO PROVIDE FINANCIAL SUPPORT FOR SUBSIDIZED TICKETS AND CAPITAL EXPENDITURES. 1079633 -105951 50597 923085 1134342 200291 255000 1079633 2118326 25000 53761 1062745 1134342 2076052 65085 22811 2118326 2049345 68720 42013 2076052 1.00000 0 0 20331143 9276428 11054715 1090218 936312 153906 9369639 5929038 3440601 14649222 CAPITAL LEASE OBLIGATION 2357 2357 X 4968706 -135329 79891 -55438 5024144 -86062 -86062 4938082 5443725 79891 86062 165953 5277772 0 5277772 PART V, LINE 4: THE ENDOWMENT FUND IS RESTRICTED FOR GENERAL OPERATIONS OF THE MUSEUM. PART V, LINE 1E: PURSUANT TO AGREEMENTS WITH THE DONORS, THE MUSEUM HAD BORROWED FROM ITS ENDOWMENT TO FUND OPERATIONS IN PRIOR YEARS. DURING THE YEAR ENDED JUNE 30, 2020, DONOR RESTRICTIONS WERE RELEASED ON $1,025,000 OF THE AMOUNTS BORROWED, THEREBY REDUCING THE ENDOWMENT FUND BALANCE. ON SCHEDULE D, PART V, ENDOWMENT FUNDS, THIS AMOUNT HAS BEEN INCLUDED ON LINE 1E, OTHER EXPENDITURES FOR FACILITIES AND PROGRAMS. PART X, LINE 2: THE MUSEUM HAD NO LIABILITY FOR UNCERTAIN TAX POSITIONS. THE MUSEUM'S FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS - EXPENSES -85,545. RENTAL EXPENSES -517. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS - EXPENSES 85,545. RENTAL EXPENSES 517. PLAY IT FORWARD 239030 159327 79703 56067 19819 9659 HOPS AND VINES 239030 159327 79703 56067 19819 9659 85545 -5842 X X X X 0 1 0 0 0 0 0 0 0 BRYN PARCHMAN FORMER PRESIDENT & CEO 108445 0 0 0 207722 0 5934 0 23173 0 345274 0 0 0 PART I, LINE 3 SEE SCHEDULE O FOR PART VI, SECTION B, LINE 15 PART I, LINE 4B BRYN PARCHMAN 457(B) DISTRIBUTION - $207,722 X 6 2435 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED IN DETAIL AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD. THE DRAFT IS ALSO SENT TO ALL OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS ARE ASKED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. COMPLETION OF THE FORM IS MONITORED BY THE STAFF, AND WITH ACTION REFERRED TO THE BOARD IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT & CEO IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD, OR SUCH OTHER COMMITTEE THAT THE EXECUTIVE COMMITTEE MIGHT DESIGNATE. THE COMMITTEE REVIEWS COMPARABILITY DATA WHEN DETERMINING COMPENSATION. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION IS PREPARED, AND IS MAINTAINED BY HUMAN RESOURCES. THE COMPENSATION OF OTHER KEY EMPLOYEES (CURRENTLY THE CFO) IS SET BY THE PRESIDENT & CEO, SUBJECT TO APPROVAL BY THE EXECUTIVE COMMITTEE OF THE BOARD, OR SUCH OTHER COMMITTEE THAT THE EXECUTIVE COMMITTEE MIGHT DESIGNATE. THE PRESIDENT & CEO AND THE COMMITTEE REVIEW COMPARABILITY DATA WHEN DETERMINING COMPENSATION. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION IS PREPARED, AND IS MAINTAINED BY HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.