2020-12-03T11:47:31-06:00 2020-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2019-07-01 411354181 Minnesota Children's Museum MINN 6512256000 10 West 7th Street St Paul MN 55102 Dianne Krizan President 6512256000 2020-11-30 1 Kim Hunwardsen CPA P00484560 6122536500 2020-11-30 2019 2022-09-23 18:48:47Z Dianne Krizan 10 West 7th Street St Paul MN 55102 7906505 0 X www.mcm.org X 1979 MN Sparking children's learning through play 43 43 208 475 0 0 3042962 3526732 5072251 3885856 -38737 288580 263713 -9126 8340189 7692042 0 0 0 0 5203927 4617852 0 0 526426 4059482 4155543 9263409 8773395 -923220 -1081353 23618030 23109214 11468871 12457837 12149159 10651377 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 1 6104785 2544580 Experience and Outreach: Play is critical, as it builds bodies and brains. Minnesota Children's Museum's experience and outreach includes all aspects of championing the power of play in our community and providing a high-quality visitor experience at the museum. This includes admissions, memberships, field trips and other group events, special programming, safety, operations, evaluation, community partnerships, access programs, parent resources, and other work to support and encourage playful learning both at the Museum and beyond the walls.At the Museum, the mission is sparking children's learning through play. (Continued on Schedule O)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 serves the community as a welcoming space for all families to engage in playful learning. Core to the Museum's mission is providing open-ended play experiences that not only delight children, but also help instill a lifelong love of learning by nurturing real-world skills children need. The Museum encourages parents to support their children's playful learning to maximize skill development in the critical early childhood years. There is a strong commitment to ensure all families have access to the museum through the Play for All program and improve the Museum's impact with families facing adversities through community partnerships. Free online resources for parents and caregivers are also available for all. Through this work, the Museum envisions a community that grows more inclusive as families play together and learn from each other.The Museum operates eleven galleries developed with the latest research in playful learning. The Museum is the leading producer of traveling exhibits for the children's museum industry, reaching 2.5 million additional visitors annually. The Museum's current portfolio consists of 15 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. 751596 1341276 Traveling Exhibit Production & 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. 6856381 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 0 1 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 1 1 1 0 0 1 64 0 1 208 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X Danielle Draack 6512256041 10 West 7th Street St Paul MN 55102 Dianne Krizan President 32.00 8.00 X 235189 0 38897 Craig Warren VP of Enterprise Solutions 32.00 8.00 X 140653 0 4228 Robert Ingrassia VP of External Relations 40.00 0.00 X 134483 0 5753 Barbara Hahn VP of Learning Innovation 40.00 0.00 X 128813 0 38202 Joseph Olson VP of Museum Experience 40.00 0.00 X 126207 0 7181 Michael Fiddelke Chair of the Board 1.20 0.00 X X 0 0 0 Paul Dzubnar Past Chair 1.20 0.00 X X 0 0 0 Suzette Huovinen Treasurer 1.20 0.00 X X 0 0 0 John Marshall Secretary 1.20 0.00 X X 0 0 0 Abbey Godlewski Director 1.20 0.00 X 0 0 0 Adrian Chiu Director 1.20 0.00 X 0 0 0 Albino Feijo Director 1.20 0.00 X 0 0 0 Andrea Piepho Director 1.20 0.00 X 0 0 0 Ann Ferreira Director 1.20 0.00 X 0 0 0 Cassidy Steiner Director 1.20 0.00 X 0 0 0 Chris Kelley Director 1.20 0.00 X 0 0 0 Drew Zinkel Director 1.20 0.00 X 0 0 0 Elizabeth Cummings Director 1.20 0.00 X 0 0 0 Elizabeth Rominski Director 1.20 0.00 X 0 0 0 Gail Peterson Director 1.20 0.00 X 0 0 0 Gerald Denson Director 1.20 0.00 X 0 0 0 Hayley Cunningham Tang Director 1.20 0.00 X 0 0 0 HT Fish Director 1.20 0.00 X 0 0 0 James Burroughs II Director 1.20 0.00 X 0 0 0 James Momon Director 1.20 0.00 X 0 0 0 Jennifer Bratton Director 1.20 0.00 X 0 0 0 Jim Mulrooney Director 1.20 0.00 X 0 0 0 Julie Joyce Director 1.20 0.00 X 0 0 0 Kate McRoberts Director 1.20 0.00 X 0 0 0 Katharine Tinucci Director 1.20 0.00 X 0 0 0 Keith Turner Director 1.20 0.00 X 0 0 0 Kelly Axtell Director 1.20 0.00 X 0 0 0 Ken Brown Director 1.20 0.00 X 0 0 0 Kevin Balon Director 1.20 0.00 X 0 0 0 Krista Hagen Director 1.20 0.00 X 0 0 0 Liz Deziel Director 1.20 0.00 X 0 0 0 Liz Revnew Wolf Director 1.20 0.00 X 0 0 0 Matt Brown Director 1.20 0.00 X 0 0 0 Michael Kaphing Director 1.20 0.00 X 0 0 0 Phil Krump Director 1.20 0.00 X 0 0 0 Robert Befidi Director 1.20 0.00 X 0 0 0 Robert Wollan Director 1.20 0.00 X 0 0 0 Siyad Abdullahi Director 1.20 0.00 X 0 0 0 Steve Christenson Director 1.20 0.00 X 0 0 0 Steve Mog Director 1.20 0.00 X 0 0 0 Tim Noel Director 1.20 0.00 X 0 0 0 Tony Brown Director 1.20 0.00 X 0 0 0 Will Au-Yeung Director 1.20 0.00 X 0 0 0 765345 0 94261 5 0 1 0 KidZibits Inc 795 Vandalia St St Paul MN 55114 Exhibit Fabricators 355163 1 73990 1158625 2294117 34600 3526732 Exhibit Rentals and Sa 712110 1341276 1341276 Memberships 712110 1117085 1117085 Museum Admissions 712110 1081119 1081119 Education & Groups 712110 143176 143176 Parties & Events Reven 712110 86628 86628 116572 116572 3885856 219140 219140 1545 1545 264051 194611 69440 69440 69440 9181 73990 19852 -10671 -10671 7692042 3885856 0 279454 368844 57558 253728 57558 3489379 2809231 410086 270062 58410 49870 4383 4157 298153 244780 26239 27134 403066 320501 55247 27318 37513 24449 12517 547 40105 6331 33774 37275 37275 215019 100134 111610 3275 217522 189978 23423 4121 136273 119250 3288 13735 64339 51070 12086 1183 1038594 898913 124025 15656 36375 32433 3127 815 55652 40314 15338 780847 649220 131576 51 86858 6059 80799 Exhibit Rental/Construc 202594 195207 7387 Fees/Permits/License 198468 144019 47771 6678 Supplies 159732 153601 4249 1882 848377 763463 47 84867 8773395 6856381 1390588 526426 1199237 2334457 961084 706461 1464648 719122 118035 39238 267569 181699 14587597 6821850 8132387 7765747 4647270 4534690 6827800 6827800 23618030 23109214 649615 691060 2372258 2552604 750000 115955 0 1237100 7696998 7861118 11468871 12457837 X 6539276 8254806 5609883 2396571 12149159 10651377 23618030 23109214 X -1081353 -216429 -200000 X 0 1 X 1 0 X 17916800 2976414 3097152 3042962 3526732 30560060 17916800 2976414 3097152 3042962 3526732 30560060 759148 29800912 95213 209049 367571 442471 220685 1334989 31895049 21084436 0.93430 0.90200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 0 0 482325 616092 618459 0 1716876 2575314 20000 21667 20000 0 61667 120581 154023 154615 0 429219 643829 0 4620620 -44630 230000 0 4345990 4650914 243759 231886 42167 4620620 4615829 270968 192800 43083 4650914 4409618 438673 190994 41468 4615829 4782754 -90822 241000 41314 4409618 0.00000 0.57000 0.43000 0 0 537534 346826 190708 542396 324618 217778 13507667 6150406 7357261 7765747 Leveraged loan receivable 6827800 6827800 MCM Holdings payable 7861118 7861118 X 7484267 -216429 36077 -180352 7664619 37275 -9852 27423 7692042 8782049 36077 9852 45929 8736120 37275 37275 8773395 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 the financial statements. MCM 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. MCM's Form 990-T and other income tax filings required by state, local, or non-U.S. tax authorities are no longer subject to tax examination for the years before 2017. Part XI, Line 4b - Other Adjustments: Fundraising expenses included in revenue for Form 990 -9,852. Part XII, Line 2d - Other Adjustments: Fundraising expenses included in revenue for Form 990 9,852. Roch Chef's Playground 83171 73990 9181 5780 4000 10072 2 83171 73990 9181 5780 4000 10072 19852 -10671 X X 0 0 0 0 0 0 0 0 0 Dianne Krizan President 182589 0 52600 0 0 0 7355 0 31831 0 274375 0 0 0 Barbara Hahn VP of Learning Innovation 128813 0 0 0 0 0 4217 0 34275 0 167305 0 0 0 X 4 18600 Open market value X 10 10000 Purchase price X Supplies 1 6000 Purchase price 0 0 1 0 Part I, Column (b): The number of contributions are reported in Part I, column (b). Form 990, Part III, line 3 During the year ended June 30, 2020, Minnesota Children's Museum of Rochester, Inc. d/b/a Spark was incorporated in the State of Minnesota and therefore became its own standalone 501(c)(3). Spark was considered a program of the Museum until June 30, 2020 the date in which Spark and the Museum's boards were no longer under common control. Asset, liabilities, and net assets attributed to Spark were transfered from the Museum at that time. Form 990, Part VI, Section A, line 1 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 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 American Alliance of Museums, Robert Half, and O'Net. The process and determination is documented in the personnel file. The process for other officers is the same as above other than approved by the President rather than the Executive Committee. 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. Form 990, Part XI, line 9: Net Assets Transferred to Spark -200,000. MCM Holdings 10 West 7th Street St Paul MN 55102 475564727 Support Minnesota Children's Museum MN 501(c)(3) Line 12a, I Minnesota Children's Museum 1 0 0 0 1 0 0 0 0 0 0 1 1 0 1 0 0 0 1 1 MCM Holdings D 9420000 Loan Balance MCM Holdings K 428472 Actual Cost MCM Holdings R 297729 Actual Cost MCM Holdings S 302805 Actual Cost