2016-11-11T10:10:25-06:00 2016-06-30 341873282 CBIZ MHM LLC 222 SOUTH 9TH STREET SUITE 1000 MINNEAPOLIS MN 55402 990 2015-07-01 411354181 Minnesota Children's Museum MINN 6512256000 10 WEST SEVENTH STREET ST PAUL MN 55102 Karyl Corcoran VP of Strategy and Operations 6512256000 2016-11-11 1 BRUCE THIEL P00526510 6123397811 2015 2017-02-10 21:41:12Z Karyl Corcoran 10 WEST SEVENTH STREET ST PAUL MN 55102 22044573 0 X WWW.MCM.ORG X 1979 MN SPARKING CHILDREN'S LEARNING THROUGH PLAY X 33 33 193 1607 0 0 8167704 17916800 3783305 3360887 246493 -8367 317246 190498 12514748 21459818 0 0 0 0 5033512 5221982 6553 4359 703563 2513810 2044432 7553875 7270773 4960873 14189045 23626970 33463368 1793537 26871566 21833433 6591802 X MINNESOTA CHILDREN'S MUSEUM IS DEDICATED TO CHAMPIONING THE POWER OF PLAY IN LEARNING AND TO PROVIDING CHILDREN WITH A FUN, HANDS-ON AND STIMULATING ENVIRONMENT TO EXPLORE AND DISCOVER. THE MUSEUM HELPS TO INSTILL A LIFE-LONG LOVE OF LEARNING BY NURTURING THE SKILLS CHILDREN NEED TO BECOME ENGAGED CITIZENS IN THE FUTURE. 0 0 2578656 1083198 VISITOR/VOLUNTEER SERVICES - SEE SCHEDULE O 848779 243490 EDUCATION SERVICES - SEE SCHEDULE O 928904 937760 EXHIBITS - SEE SCHEDULE O 788238 1096439 EVENTS AND PARTIES, MUSEUM SATELLITE SERVICES AND CAPITAL PROJECTOTHER PROGRAM SERVICES: THE MUSEUM OFFERS BIRTHDAY PARTY PACKAGES, EVENT DINNERS, FAMILY NIGHTS, AND SPECIAL HOLIDAY EVENTS THROUGHOUT THE YEAR. MEMBERSHIP SERVICES DEVELOPS A MEMBER BASE FOR THE ORGANIZATION WHILE PROVIDING NUMEROUR SERVICES AND EVENTS THROUGHOUT THE YEAR.MUSEUM SATELLITE SERVICES: MINNESOTA CHILDREN'S MUSEUM OF ROCHESTER OPENED IN APRIL 2012. THIS FISCAL YEAR, ROCHESTER WELCOMED 31,432 VISITORS. IN ADDITION TO PROVIDING PLAY FOR ALL FREE MEMBERSHIPS TO LOW-INCOME FAMILIES IN SOURTHERN MINNESOTA, THE MUSEUM WELCOMED VISITORS THROUGH FAMILY NIGHTS AND SCHOOL GROUPS AS PART OF THE PLAY FOR ALL ACCESS PROGRAM.IN SEPTEMBER 2015, THE MUSEUM OPENED A SATELLITE LOCATION AT THE MALL OF AMERICA IN BLOOMINGTON, MN. THE 4,400 SQUARE FEET OF SPACE IS LOCATED ON THE 3RD FLOOR OF THE MALL AND HAS ROOM FOR TWO CHANGING GALLERIES. IN THE 9 MONTHS OF OPERATIONS IN FY16, GENERAL ADMISSIONS AND MEMBERSHIP ATTENDANCE WAS MORE THAN 70,000 VISITORS, EXCEEDING INITIAL FORECASTS BY 25%. 788238 1096439 5144577 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 1 0 1 1 1 0 0 1 48 0 1 193 1 0 0 0 0 0 1 1 0 0 0 0 X 33 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X Keven Ambrus 6512256000 10 West Seventh Street St Paul MN 55102 Chris Bellini Director 1.20 0.00 X 0 0 0 Holly Boehne Director 1.20 0.00 X 0 0 0 Melissa Brinkman Director 1.20 0.00 X 0 0 0 Siyad Abdullahi Director 1.20 0.00 X 0 0 0 Kevin Balon Director 1.20 0.00 X 0 0 0 Terry Clark Director 1.20 0.00 X 0 0 0 Rober Befidi Director 1.20 0.00 X 0 0 0 Steve Christianson Director 1.20 0.00 X 0 0 0 Chad Dayton Director 1.20 0.00 X 0 0 0 Paul Dzubnar Director 1.20 0.00 X 0 0 0 Lisa Duff Director 1.20 0.00 X 0 0 0 HT Fish Director 1.20 0.00 X 0 0 0 Kristi Fox Director 1.20 0.00 X 0 0 0 Ann Ferreira Director 1.20 0.00 X 0 0 0 Patrick Harris Director 1.20 0.00 X 0 0 0 Taylor Harwood Director 1.20 0.00 X 0 0 0 Michael Fiddelke Director 1.20 0.00 X 0 0 0 Robert Hoke Director 1.20 0.00 X 0 0 0 Janel Goff Director 1.20 0.00 X 0 0 0 Jim Grant Director 1.20 0.00 X 0 0 0 Kate McRoberts Director 1.20 0.00 X 0 0 0 Jennifer Moll Director 1.20 0.00 X 0 0 0 Hema Gunasekaran Director 1.20 0.00 X 0 0 0 Phil Krump Director 1.20 0.00 X 0 0 0 John I Marshall Director 1.20 0.00 X 0 0 0 Sandra Peterson Director 1.20 0.00 X 0 0 0 Susan Oberman Smith Director 1.20 0.00 X 0 0 0 Jeanne Voight Director 1.20 0.00 X 0 0 0 Ronda Wescott Director 1.20 0.00 X 0 0 0 philip McKoy past Chair 1.20 0.00 X X 0 0 0 Steve Stensrud Treasurer 1.20 0.00 X X 0 0 0 Paul Kasbohm Secretary 1.20 0.00 X X 0 0 0 Kelly Baker Chair 1.20 0.00 X X 0 0 0 Elizabeth Deziel Director 1.20 0.00 X 0 0 0 Dianne Krizan President 32.00 8.00 X 204595 0 17773 Karyl Corcoran VP of Strategy & Operations 35.00 5.00 X 139486 0 23713 Deb Ward Director of Finance 20.00 20.00 X 101718 0 9592 Barbara Hahn VP of Learning Innovation 20.00 20.00 X 129344 0 35804 Bob Ingrassia VP of External Relations 35.00 5.00 X 106611 0 17058 LAURA NICHOLS- ENDRES VP of Development 32.00 8.00 X 100884 0 19326 782638 0 123266 6 0 1 0 Faegre Baker Daniels LLP NW 6139 Minneapolis MN 554856139 Legal 129049 1 224490 15010000 2682310 353191 17916800 Museum Admissions 900099 1189679 1189679 Memberships 900099 1108760 1108760 Exhibit Rentals & Sales 900099 936958 936958 Education and groups 900099 106889 106889 Parties & Events 900099 18601 18601 3360887 95213 95213 333518 437098 -103580 -103580 -103580 82651 224490 147657 -65006 -65006 Parking 900099 236959 236959 Other Revenue 900099 18545 18545 255504 21459818 3360887 0 182131 550458 57400 446373 46685 3960041 3110641 425593 423807 59182 48570 10612 278169 234138 11208 32823 374132 247548 90816 35768 140972 134702 5874 396 29500 29500 20000 16000 4000 4359 4359 41314 41314 493139 430883 34600 27656 269704 182898 76854 9952 178139 171124 4848 2167 165995 119462 30983 15550 200873 183812 16104 957 34971 32362 1817 792 115496 40040 12740 62716 640369 616338 24031 54206 5303 48903 Maint/Equip/Rent 704421 679880 24541 Exhibit Rental Fees 477238 477238 Permits, Licenses, & Fe 188319 120463 66153 1703 Printing, photography & 80245 69722 10523 -1790469 -1817947 3858 23620 7270773 5144577 1422633 703563 3382128 1832197 2234934 1629008 3758735 17458681 93150 125145 227578 226509 9426586 8472176 9147691 954410 4782754 4409618 0 6827800 23626970 33463368 678958 518403 1114579 1483188 3050000 0 21819975 1793537 26871566 X 1700876 1008626 15891235 1341854 4241322 4241322 21833433 6591802 23626970 33463368 X 14189045 -82455 -29348221 X 0 1 X 1 0 X 4071010 4496035 4689908 8167704 17961297 39385954 4071010 4496035 4689908 8167704 17961297 39385954 2943756 36442198 132985 184553 197813 103522 95213 714086 269217 315361 248682 49707 255504 1138471 41238511 19049749 0.88370 0.75910 X Schedule A, Part II, Line 10, Explanation of Other Income: Miscellaneous Income Parking Net Royalty Income RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 20000 0 0 20000 0 Part II-B, Line 1: Lobbying was for an increased education appropriation. Activities included one-on-one meetings with legislators, testifying to the Senate Education Committee and attending fundrasiers and a legislative reception. 4782754 0 -90822 241000 41314 4409618 5004957 79569 -20476 242000 39296 4782754 4646302 639807 238000 43152 5004957 4552169 348758 217795 36830 4646302 4832461 -11408 217476 51408 4552169 0.96180 0.03820 0 0 138572 138572 0 1435353 1285446 149907 7852661 7048158 804503 954410 Leveraged Loan Receivable 6827800 6827800 MCM Holdings Payable 21819975 21819975 X 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 accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the Museum may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Museum and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for the years ended June 30, 2016 and 2015. Play for all Ball 264062 191892 72170 59710 3000 76338 SNOW BALL 43079 32598 10481 4009 4600 307141 224490 82651 63719 3000 80938 147657 -65006 X X X X 0 0 0 1 0 0 0 0 0 Dianne Krizan President 174595 0 30000 0 0 0 6447 0 11326 0 222368 0 0 0 Karyl Corcoran VP of Strategy & Operations 139486 0 0 0 0 0 23713 0 0 0 163199 0 0 0 Barbara Hahn VP of Learning Innovation 129344 0 0 0 0 0 24000 0 11804 0 165148 0 0 0 Part I, Line 5 Bonuses for the President, Marketing, Memberships, and sales staff were provided based on attendence goals, membership sales or contributed income. X 2 4455 Market Value X Capitalized construction costs 1 280000 Market Value X Donated Auction Items 245 51391 Selling Price X DONATED EXHIBIT SUPPLIES 2 37174 MARKET Value X Miscellaneous Supplies 14 24668 Market Value 0 0 1 0 Part I, Column (b): Column B reports the number of items contributed. LAND, BUILDING AND RELATED CAPITAL CAMPAIGN ASSETS - See Sch. O description 2015-12-11 29348221 Net Book value 475564727 MCM Holdings 10 West Seventh Street St Paul MN 55102 501(c)(3) 0 0 0 0 Form 990, Part III, Line 4a VISITOR/VOLUNTEER SERVICES - TOTAL ATTENDANCE OF 323,919. THE MUSEUM STRIVES TO PROVIDE A QUALITY LEARNING AND PLAY EXPERIENCE FOR EACH AND EVERY VISITOR. STAFFING FOR OUR BOX OFFICE, PERMANENT AND SPECIAL EXHIBITS, SECURITY, AND DAILY PROGRAM ACTIVITY IS EXTENSIVE TO ENSURE A QUALITY VISIT FOR OUR YOUNG VISITORS. THE RATIO OF STAFF TO VISITOR THROUGHOUT THE FACILITY IS PLANNED TO ALLOW INDIVIDUAL ATTENTION IN OPPORTUNITIES THROUGH PLAY AT THE MUSEUM. CONTINUE ATTRACTING A CULTURALLY DIVERSE AUDIENCE THAT MIRRORS THE DEMOGRAPHICS OF THE TWIN CITIES METRO. VOLUNTEER SERVICE CONTINUES TO BE STRONG. FOR THIS LAST FISCAL YEAR, THE MUSEUM HAD 1,607 VOLUNTEERS CONTRIBUTING 26,314 HOURS. Form 990, Part III, Line 4b EDUCATION SERVICES - MORE THAN 15,600 VISITORS ATTENDED THE MUSEUM THROUGH SCHOOL AND COMMUNITY GROUPS FOR A LESSON WITH PLAY. THE MUSEUM CONTINUED TO SEE A DEMAND FOR PORTABLE, PLAYFUL-LEARNING CURRICULUM AS FUN-FUELED MUSEUM-TO-GO CLASSES BRING THE MUSEUM DIRECTLY TO MORE THAN 10,600 PARTICIPANTS IN COMMUNITY PROGRAMS AND SCHOOL CLASSROOMS. IN ADDITION, THE MUSEUM CONTINUES TO REACH COMMUNITIES THROUGHOUT MINNESOTA WITH NUMEROUS HANDS-ON LEARNING ENVIRONMENTS THANKS LARGELY TO THE SUPPORT FROM THE ARTS & CULTURAL HERITAGE FUND AS PART OF THE STATE OF MINNESOTA CLEAN WATER, LAND & LEGACY AMENDMENT. Form 990, Part III, Line 4C EXHIBITS - MINNESOTA CHILDREN'S MUSEUM IS CURRENTLY HOME TO FIVE PERMANENT AND TWO CHANGING GALLERIES THAT DELIGHT AND ENGAGE CHILDREN AND ADULTS. THESE EXHIBITS OFFER LEARNING EXPERIENCES THAT BUILD SKILLS AND ENCOURAGE LEARNING. CURRENT PERMANENT GALLERIES INCLUDE COMMUNITY-FOCUSED OUR WORLD AND ELEMENTS OF THE NATURAL WORLD IN EARTH WORLD. WE ALSO ENHANCE OUR REGULAR PORTFOLIO OF GALLERIES BY HOSTING SPECIAL EXHIBITS THROUGHOUT THE YEAR. THESE SPECIAL EXHIBITS MAY BE RENTED FROM OTHER MUSEUMS OR A PART OF THE MUSEUM'S OWN PORTFOLIO OF CREATIVELY DESIGNED AND DEVELOPED EXHIBITS AS A LEADER IN OUR INDUSTRY FOR EXHIBIT DEVELOPMENT. THESE EXHIBITS ARE CONTRACTED TO OTHER CHILDREN'S MUSEUMS THROUGHOUT THE UNITED STATES, MEXICO AND CANADA. Form 990, Part VI, Section B, line 11 The Organizations form 990 is prepared by an independent accounting firm and reviewed by the director of finance 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 board of directors (executive committee) determines the compensation of the president. A comparability study and/or other resource are used as needed to determine appropriate levels of compensation. The executive committee last reviewed the president's compensation in June 2016 and VP compensation in October 2014. Sources used for comparability studies in support of these reviews included American alliance of museums, Robert Half and o'net. Form 990, Part VI, Section C, line 19 The Articles of Incorporation, Bylaws, Conflict of interest policy and financial statements are available to the public upon requests. Form 990, Part XI, line 9: Transfer of net assets to MCM Holdings -29,348,221. Form 990, Part IX, Line 24e Capitalization of property and equipment Schedule N, Part II LAND, BUILDING AND RELATED CAPITAL CAMPAIGN ASSETS WERE TRANSFERRED TO MCM HOLDINGS. MCM HOLDINGS WAS ESTABLISHED AS A SUPPORTING ORGANIZATION OF MINNESOTA CHILDREN'S MUSEUM TO HOLD AND MANAGE ITS EXISTING FACILITY IN DOWNTOWN ST. PAUL. THE TRANSFER OF THESE ASSETS WAS CARRIED OUT TO ASSIST WITH THE FACILITATION OF A NEW MARKET TAX CREDIT STRUCTURE IN CONJUNCTION WITH THE EXPANSION AND COMPLETE RENOVATION OF THE FACILITY. MCM Holdings 10 W 7th Street St Paul MN 55102 475564727 Support Minnesota Children's Museum MN 501(c)(3) LINE 11A, I Minnesota Children's Museum 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 MCM HOLDINGS R 29348221 Net Book Value