2019-11-20T11:26:26-06:00 2019-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2018-07-01 411354181 Minnesota Children's Museum MINN 6512256000 10 West 7th Street St Paul MN 55102 Craig Warren VP of Enterprise Solutions 6512256000 2019-11-18 1 Kim Hunwardsen CPA P00484560 6122536500 2019-11-07 216.147.181.49 2019-11-18 10:27:46 CS P D8A1E5117AA53286D53F57459EBB2DE5C7CA50FC F9BEE9501A3B4F00F190E63700B8BF2BC70C7B96 2018 2020-04-17 16:48:07Z Dianne Krizan 10 West 7th Street St Paul MN 55102 8634487 0 X www.mcm.org X 1979 MN Sparking children's learning through play 40 40 234 1093 0 73363 3097152 3042962 5446208 5072251 375192 -38737 355462 263713 9274014 8340189 0 0 0 0 5348903 5203927 0 0 550399 3972944 4059482 9321847 9263409 -47833 -923220 25818679 23618030 13034952 11468871 12783727 12149159 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 6416524 3785736 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 in the museum and beyond.At the Museum, the mission is sparking childrenfs learning through play. The museumfs 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 helpinstill a lifelong love of learning by nurturing real-world skills children need. The Museum encourages parents to support their childrenfs playful learning to maximize skill development in the critical early childhood years. The Museum remains committed to ensuring that all families have access to the museum through the Play for All access program and efforts to improve the Museumfs impact with families facing adversities through community partnerships. 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, as well as a satellite location in Rochester. 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 entitiesacross North America. The Museum's traveling exhibit program leverages the museum's core strength of producing engaging exhibits that foster children's learning. 863417 1286515 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. 7279941 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 1 234 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 40 40 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X Katherine Johnston 6512256041 10 West 7th Street St Paul MN 55102 Paul Dzubnar Chair of the Board 1.20 0.00 X X 0 0 0 Michael Fiddelke Chair Elect & Treasurer 1.20 0.00 X X 0 0 0 Ann Ferreira Secretary 1.20 0.00 X X 0 0 0 Siyad Abdullahi Director 1.20 0.00 X 0 0 0 Will Au-Yeung Director 1.20 0.00 X 0 0 0 Kelly Axtell Director 1.20 0.00 X 0 0 0 Kevin Balon Director 1.20 0.00 X 0 0 0 Robert Befidi Director 1.20 0.00 X 0 0 0 Jennifer Bratton Director 1.20 0.00 X 0 0 0 Ken Brown Director 1.20 0.00 X 0 0 0 Tony Brown Director 1.20 0.00 X 0 0 0 James Burroughs II Director 1.20 0.00 X 0 0 0 Adrian Chiu Director 1.20 0.00 X 0 0 0 Steve Christenson Director 1.20 0.00 X 0 0 0 Elizabeth Cummings Director 1.20 0.00 X 0 0 0 Chad Dayton Director 1.20 0.00 X 0 0 0 Gerald Denson Director 1.20 0.00 X 0 0 0 Liz Deziel Director 1.20 0.00 X 0 0 0 Lisa Posley Duff Director 1.20 0.00 X 0 0 0 Ray Faust Director 1.20 0.00 X 0 0 0 Albino Feijo Director 1.20 0.00 X 0 0 0 HT Fish Director 1.20 0.00 X 0 0 0 Amy Giovanini Director 1.20 0.00 X 0 0 0 Abbey Godlewski Director 1.20 0.00 X 0 0 0 Suzette Huovinen Director 1.20 0.00 X 0 0 0 Julie Joyce Director 1.20 0.00 X 0 0 0 Jeanne Junker Director until August 2018 1.20 0.00 X 0 0 0 Michael Kaphing Director 1.20 0.00 X 0 0 0 Chris Kelley Director 1.20 0.00 X 0 0 0 Phil Krump Director 1.20 0.00 X 0 0 0 John Marshall Director 1.20 0.00 X 0 0 0 James Momon Director 1.20 0.00 X 0 0 0 Jim Mulrooney Director 1.20 0.00 X 0 0 0 Tim Noel Director 1.20 0.00 X 0 0 0 Gail Peterson Director 1.20 0.00 X 0 0 0 Elizabeth Rominski Director 1.20 0.00 X 0 0 0 Scott Slipy Director until August 2018 1.20 0.00 X 0 0 0 Susan Oberman Smith Director 1.20 0.00 X 0 0 0 Cassidy Steiner Director 1.20 0.00 X 0 0 0 Katharine Tinucci Director 1.20 0.00 X 0 0 0 Robert Wollan Director 1.20 0.00 X 0 0 0 Dr Drew Zinkel Director 1.20 0.00 X 0 0 0 Dianne Krizan President 32.00 8.00 X 229090 0 32169 Craig Warren VP of Enterprise Solutions 32.00 8.00 X 70709 0 964 Barbara Hahn VP of Learning Innovation 40.00 0.00 X 121000 0 38524 Laura Nichols-Endres VP of Development 40.00 0.00 X 110386 0 28049 Robert Ingrassia VP of External Relations 40.00 0.00 X 120755 0 28648 Joseph Olson VP of Museum Experience 40.00 0.00 X 115716 0 20757 Keven Ambrus Director of Finance & Accounting 40.00 0.00 X 113170 0 24416 880826 0 173527 6 0 1 0 KidZibits 795 Vandalia St St Paul MN 55114 Exhibit Fabricators 483000 McCracken Manzey 1670 Robert St S Ste 198 St Paul MN 55118 Accounting Staffing 196679 JE Dunn 800 Washington Ave N 600 Minneapolis MN 55401 Construction 145738 Northbrook LLC PO Box 249 Rochestter MN 55903 Rent for Rochester Location 105051 4 1524 253976 490000 2297462 69421 3042962 Memberships 712110 1699232 1699232 Museum Admissions 712110 1613442 1613442 Exhibit Rentals and Sales 712110 1286515 1286515 Education & Groups 712110 232160 232160 Parties & Events Revenue 712110 109814 109814 131088 131088 5072251 149790 149790 292681 292681 188527 -188527 -188527 -188527 69443 253976 102135 -32692 -32692 7360 3636 3724 3724 8340189 5072251 0 224976 306974 58965 189044 58965 4124679 3318724 468992 336963 70145 56826 8107 5212 354331 280795 28499 45037 347798 250936 68983 27879 16271 12830 3329 112 50970 13034 37936 20000 20000 42167 42167 261863 188345 69155 4363 289199 249894 33698 5607 169293 156164 4223 8906 99057 79815 17471 1771 1473429 1316696 141257 15476 26677 22807 2859 1011 89620 62664 9006 17950 714039 572604 141384 51 58718 2973 55745 Supplies 321579 309011 6698 5870 Fees/Permits/License 247830 158693 78971 10166 Exhibit Rental/Construc 176251 173045 0 3206 2519 -4880 5545 1854 9263409 7279941 1433069 550399 1762204 1199237 720918 961084 3759956 1464648 207658 118035 275388 267569 14342806 6210419 7613841 8132387 4650914 4647270 6827800 6827800 25818679 23618030 650007 649615 2388536 2372258 1350000 750000 8646409 7696998 13034952 11468871 X 408217 6539276 8134188 1368561 4241322 4241322 12783727 12149159 25818679 23618030 -923220 288652 0 X X 0 1 X 1 0 X 8167704 17916800 2976414 3097152 3042962 35201032 8167704 17916800 2976414 3097152 3042962 35201032 2317328 32883704 139088 95213 209049 367571 442471 1253392 36454424 21152389 0.90200 0.88410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 20000 0 20000 0 9349180 0 9369180 0 618459 0 154615 0 0 0 482325 616092 618459 1716876 2575314 20000 21667 20000 61667 120581 154023 154615 429219 643829 4650914 243759 231886 42167 4620620 4615829 270968 192800 43083 4650914 4409618 438673 190994 41468 4615829 4782754 -90822 241000 41314 4409618 5004957 79569 -20476 242000 39296 4782754 0.00000 0.91790 0.08210 0 0 655466 464097 191369 562997 261452 301545 13124343 5484870 7639473 8132387 Leveraged loan receivable 6827800 6827800 MCM Holdings payable 7696998 7696998 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: Minnesota Children's Museum (MCM) is organized as a Minnesota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3), qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi), and has been determined not to be a private foundation under Section 509(a)(1). The entity is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the Museum is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. MCM files an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS to report its unrelated business taxable income. 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 2016. St. Paul GALA 223926 187044 36882 2949 55628 10571 16078 Roch Chef's Playground 75172 61676 13496 275 2500 2834 11179 2 21908 21158 750 121 321006 269878 51128 275 5449 55628 13405 27378 102135 -51007 X X 0 0 0 0 0 0 0 0 0 Dianne Krizan President 177090 0 52000 0 0 0 6366 0 26084 0 261540 0 0 0 Barbara Hahn VP of Learning Innovation 121000 0 0 0 0 0 4154 0 34651 0 159805 0 0 0 X 36126 Market Value X 5 18351 Market Value X 6 7988 COST X Decor, tables and cloths 3 4810 Cost value X Gift certificates and passes 4 1490 Cost value X Stem toys 1 516 Cost value X Paddle 1 140 cost value 0 0 1 0 Part I, Column (b): Column B reports the number of contributions. 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 VP, Enterprise Solutions 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. A comparability study and/or other resource is used as needed to determine appropriate levels of compensation. The Executive Committee last reviewed the President's compensation in October 2018. 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 XII, Line 2C The organization's process for oversight of the audit or selection of an independent accountant has not changed. MCM Holdings 10 West 7th Street St Paul MN 55102 475564727 Suppport 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 0 MCM Holdings D 9420000 Loan Balance MCM Holdings K 687747 Actual Cost MCM Holdings R 413887 Actual Cost