2025-11-14T12:53:59+00:00 2024-12-31 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2024-01-01 350867985 The Children's Museum of Indianapolis Inc CHIL 3173343322 3000 North Meridian Street Indianapolis IN 462084716 Ella Frank CFO 2025-11-14 true Jennifer Burke P01342224 3128997000 2025-11-11 2024 2025-03-06 01:10:19Z Jennifer Pace Robinson 3000 North Meridian Street Indianapolis IN 462084716 108474116 false X www.childrensmuseum.org X 1925 IN The organization's mission is to create extraordinary learning experiences across the arts, sciences and humanities that have the power to transform the lives of children and families. 33 33 471 550 373634 262486 9082612 36237900 19985316 18517703 16149801 27366918 4630209 2263310 49847938 84385831 98975 51558 0 24378949 22963286 0 2747907 26567428 25816408 51045352 48831252 -1197414 35554579 459492377 502915800 56441684 53546690 403050693 449369110 The organization's mission is to create extraordinary learning experiences across the arts, sciences and humanities that have the power to transform the lives of children and families. (Continued in Schedule O) false false 28451799 51558 18517703 EDUCATIONAL ACTIVITIES, PROGRAMS AND SCHOOL TOURS: THE CHILDREN'S MUSEUM INSPIRES TEACHERS AND STUDENTS OF ALL AGES THROUGH ITS NUMEROUS EDUCATIONAL PROGRAMS AND SCHOOL TOURS. OUR SCHOOL PROGRAMS COVER THE ARTS, SCIENCES, AND HUMANITIES AND PROVIDE IMMERSIVE CURRICULAR EXPERIENCES THAT CANNOT BE REPLICATED IN THE CLASSROOM. THE MUSEUM ALSO SUPPORTS TEACHERS BY PROVIDING AN EVER-EXPANDING LIBRARY OF UNITS OF STUDY THAT MEET BOTH THE INDIANA AND THE NATIONAL ACADEMIC STANDARDS FOR GRADES K THROUGH 12. 4270882 EXHIBIT DESIGN: THE CHILDREN'S MUSEUM CONCEIVES, DEVELOPS, IMPLEMENTS, AND MAINTAINS EXHIBITS THAT FOCUS ON HISTORY, ART, AND SCIENCE FOR ITS 13 GALLERIES. EACH EXHIBIT IS DESIGNED TO FOSTER FAMILY LEARNING THROUGH HANDS-ON EXPERIENCES, INTERPRETIVE PROGRAMMING, AND THE USE OF AUTHENTIC OBJECTS. MANY OF THE MUSEUM'S EXHIBITS ARE BASED UPON STRONG RELATIONSHIPS WITH HISTORIANS AND EXPERTS WHO HELP US IN SHARING POWERFUL STORIES SUCH AS RUBY BRIDGES, ASTRONAUT DR. DAVID WOLF, AND UNDERWATER ARCHAEOLOGIST CHARLIE BEEKER. 1560390 COLLECTIONS - THE CHILDREN'S MUSEUM OF INDIANAPOLIS BOASTS A COLLECTION OF MORE THAN 130,000 ARTIFACTS AND SPECIMENS. THE COLLECTION IS A STOREHOUSE OF IDEAS AND CONCEPTS; NOT ONLY ARE THESE OBJECTS PATHWAYS TO THE THINKING THAT HAVE SHAPED OUR COLLECTIVE PAST, BUT ALSO TO THE NEW CONNECTIONS AND DISCOVERIES YET UNBORN IN THE MINDS OF YOUNG VISITORS. SINCE ITS FOUNDING IN 1925, THE MUSEUM HAS NURTURED THE GROWTH OF ITS COLLECTION WHICH IS DIVIDED INTO THREE DOMAINS: NATURAL WORLD DOMAIN: COLLECTIONS CONTAIN MANY REAL SPECIMENS, FROM DINOSAUR EGGS AND PRECIOUS GEMS TO SAUSAGE TREE PODS. MANY INTERESTING OBJECTS FROM AROUND THE WORLD ILLUSTRATE NATURAL AND PHYSICAL SCIENCE CONCEPTS. (CONTINUED IN SCHEDULE O) 34283071 true true false false false false true true false true true true false false true true false true false false true false false false true false false false true true true false false false false false false false false false false true true false false true true false false false false true 118 0 true 471 true true true false false false false true true false false false false false false X 33 33 false false false false false false false true true false false false true true true true true true false false false false IN X Ella Frank 3173343322 3000 NORTH MERIDIAN ST Indianapolis IN 462084716 Ashley Garry Treasurer 1.0 X X 0 0 0 Ezra Burdix Vice-Chair 1.0 X X 0 0 0 Jessica Dunn Immediate Past President 1.0 X X 0 0 0 Melissa Roberts Secretary 1.0 X X 0 0 0 Sally Schacht Chair 1.0 X X 0 0 0 Allison Steck Trustee 1.0 X 0 0 0 Andrew J Held Trustee 1.0 X 0 0 0 Brenda Harrington Trustee 1.0 X 0 0 0 Brett A Pheffer Trustee 1.0 X 0 0 0 C Perry Griffith III Trustee 1.0 X 0 0 0 Christina Fugate Trustee 1.0 X 0 0 0 Emily Sturman Trustee 1.0 X 0 0 0 James C Gilroy III Trustee 1.0 X 0 0 0 Joe Brougher Trustee 1.0 X 0 0 0 Jon Haug Trustee 1.0 X 0 0 0 Julie Carmichael Trustee 1.0 X 0 0 0 Kasey Wakefield Trustee 1.0 X 0 0 0 Katie Vicars Trustee 1.0 X 0 0 0 Lauren G Sparkman Trustee 1.0 X 0 0 0 Mu Hassan Trustee 1.0 X 0 0 0 Nidhi Avashia-Khemka Trustee 1.0 X 0 0 0 Renee Washington Trustee 1.0 X 0 0 0 Ricardo Garcia de Alba Trustee 1.0 X 0 0 0 Rodney Byrnes Trustee 1.0 X 0 0 0 Sara Morris Trustee 1.0 X 0 0 0 Steve Campbell Trustee 1.0 X 0 0 0 Tim Parnell Trustee 1.0 X 0 0 0 Tonya Combs Trustee 1.0 X 0 0 0 Vaidy Subramanian Trustee 1.0 X 0 0 0 Vanita Khanna-Yadav Trustee 1.0 X 0 0 0 William D Zink Trustee 1.0 X 0 0 0 Zoe Weiss Trustee 1.0 X 0 0 0 Ella Frank Chief Financial Officer 40.0 X 261444 0 27520 Jennifer Pace Robinson President and CEO 40.0 X 625980 0 38106 Kathy Mathena COO\CIO 40.0 X 314448 0 27516 Allison Stittle AVP Experience Development & Family Learning 40.0 X 151798 0 40327 Jeannie Infante Sager VP of Advancement from 4/2/24 40.0 X 164360 0 11480 KATHERINE M Allen VP Human Resources 40.0 X 227941 0 45772 Monica Ramsey VP of Experience Development & Family Learning 40.0 X 233774 0 38977 Tene Wright General Counsel 40.0 X 220531 0 16694 2200276 0 246392 19 false true false EchoPoint Media 407 Fulton St Indianapolis IN 46202 Marketing Consulting Services 1336164 Office Pride 170 N Jackson Suite A Franklin IN 46131 Janitorial Services 979231 F A Wilhelm Construction Co Inc 3914 Prospect Street Indianapolis IN 46203 Construction 784665 Cambridge Associates LLC PO Box 412015 Boston MA 022412015 Investment Services 757769 Tech Electronics 2701 Fortune Circle East Ste B Indianapolis IN 46241 IT Consulting 259245 16 18519 751477 1197799 34270105 132773 36237900 Admission Receipts 900099 9771036 9771036 Membership and Dues 900099 6181066 6181066 Program Receipts 900099 2565601 2565601 0 0 0 0 18517703 6058447 165212 5893235 67206 67206 828825 188134 640691 0 640691 60567 580124 44067786 31139 22790137 317 21277649 30822 21308471 147855 21160616 281916 18519 91952 189964 189964 2329677 1017745 1311932 1311932 Vending Income 900099 13843 13843 Stroller & Wagon Rental 900099 16585 16585 Lockers/Coat Check 900099 8082 8082 15007 0 0 15007 53517 84385831 18517703 373634 29256594 51558 51558 2200276 1100138 1100138 16812166 13721232 2002389 1088545 1070247 794764 217776 57707 1548171 1072515 362958 112698 1332426 1001649 234427 96350 27017 27017 159970 159970 4825911 4825911 2135378 1799617 196736 139025 1731622 1714864 660 16098 491841 214163 258197 19481 347036 347036 2899216 2776391 121707 1118 129415 72695 7813 48907 652460 394808 257652 1508993 1508993 5869790 5581221 288569 650474 650474 Programs & activities 1931509 1717876 145793 67840 Equipment & exhibitions (Non cap) 2349879 1754828 595051 Research & development 105897 105897 0 0 0 0 48831252 34283071 11800274 2747907 47438 47438 21630374 49989529 7102910 7953967 335587 557196 0 0 0 0 303803 376433 448545 21050 181329525 121602472 63491164 59727053 83302552 106538391 282277211 276100183 0 552793 1604560 459492377 502915800 7340179 6392067 6102301 5079941 42900025 41980000 0 0 99179 94682 56441684 53546690 X 305660163 357730873 97390530 91638237 403050693 449369110 459492377 502915800 X 35554579 9798353 965485 X false true true true true X 9525072 21262639 7404030 9072112 36237900 83501753 0 0 9525072 21262639 7404030 9072112 36237900 83501753 27257215 56244538 3879560 3672385 5350402 6409389 6789266 26101002 0 0 0 23209 311297 334506 226377 237240 482159 2197780 335433 3478989 113416250 75975652 0.49591 0.63746 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - FUNDRAISING GROSS RECEIPTS, COLUMN A - 211331.0, COLUMN B - 220225.0, COLUMN C - 335325.0, COLUMN D - 294689.0, COLUMN E - 281916.0, COLUMN F - 1343486.0; DESCRIPTION - COAT CHECK, COLUMN A - 2662.0, COLUMN B - 36.0, COLUMN C - 49.0, COLUMN D - 22.0, COLUMN E - 1.0, COLUMN F - 2770.0; DESCRIPTION - STROLLER/WAGON RENTAL, COLUMN A - 5456.0, COLUMN B - 10639.0, COLUMN C - 7222.0, COLUMN D - 17180.0, COLUMN E - 16585.0, COLUMN F - 57082.0; DESCRIPTION - LOCKERS, COLUMN A - 5828.0, COLUMN B - 6340.0, COLUMN C - 9411.0, COLUMN D - 8696.0, COLUMN E - 8082.0, COLUMN F - 38357.0; DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 1100.0, COLUMN B - , COLUMN C - 130152.0, COLUMN D - 1859995.0, COLUMN E - 15006.0, COLUMN F - 2006253.0; DESCRIPTION - VENDUNG INCOME, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 17198.0, COLUMN E - 13843.0, COLUMN F - 31041.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.0 1 1 0 1 true 5.0 0 true X X X X false 363891138 2733664 32801761 18600000 380826563 344706839 1550929 33634306 16000936 363891138 384958112 4449918 -30656218 14044973 344706839 332099339 4581667 59369962 11092856 384958112 321492415 480800 33492905 23366781 332099339 0.78 0.053 0.167 true false 8088545 8088545 131031681 87031501 44000180 7716727 6533871 1182856 34492572 28037100 6455472 59727053 Closely-held equity interests Financial derivatives Beneficial Interest in Investments held by Community Foundation 1812017 F LIMITED PARTNERSHIPS 272440176 F Private Equity/Venture Capital 1847990 F 276100183 Federal Income Taxes Annuity Payable Liability 94682 94682 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part II, Line 5 Conservation easements policy The Children's Museum of Indianapolis, Inc. has a written policy that outlines the timing of specific duties necessary to maintain compliance with historical preservation guidelines. Schedule D, Part II, Line 9 Conservation easements financial reporting Conservation easements are accounted for in the same manner as other property acquisitions with the added measure of compliance with local historical society requirements. Schedule D, Part III, Line 1a Collections of art - financial statement footnote The collections, which were acquired through purchases and contributions since the organization's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets in the year in which the items are acquired or as temporarily or permanently restricted net assets if the assets used to purchase the items are restricted by donors. Contributed collection items are not reflected on the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes. The Museum's collections are made up of artifacts of historical significance, scientific specimens, and art objects that are held for educational, research, scientific, and curatorial purposes. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed continuously. Collection items are subject to a policy that requires proceeds from their sales to be used to acquire other items for collections. Schedule D, Part III, Line 4 Collections of art - description of collections Unlike most museums created for children, The Children's Museum of Indianapolis, Inc. maintains a collection. It is one of the largest and most comprehensive collection of any youth museum in the world, consisting of approximately 130,000 artifacts, specimens, and artworks. The Museum collects significant artifacts, specimens and artworks to use in exhibitions and their educational programs, and preserves them and their contextual information for future generations of children and their families. Collections are divided into two principal areas of interest or domains: Natural Science and Paleontology, and Arts and Humanities. Schedule D, Part V, Line 4 Intended uses of endowment funds The Children's Museum of Indianapolis, Inc. uses the temporarily and permanently restricted portion of the endowment consistent with the donor's restriction. The unrestricted portion of the endowment is used to provide a relatively predictable, stable, and in real terms, constant stream of current income for annual operating needs based on the board of directors' approval. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Museum and the Guild are exempt from federal income taxes under Section 501(c)(3) of the U.S. Internal Revenue Code (IRC) and are not considered to be private foundations. Sidney LLC and TRexLLC are single member LLCs whose single member is exempt from federal income taxes under Section 501(c)(3) of the IRC. The following non-income taxes were paid or remitted by the Museum and consolidating entities in 2024 and 2023: property and excise taxes of $22,000 and $31,000 and sales taxes collected and remitted of $160,000 and $196,000, respectively. As of December 31, 2024 and 2023, the Museum has recorded a tax liability of $100,000 in relation to unrelated business income taxes. The tax expense is recorded in net investment returns on the Statements of Activities. Current accounting standards require the Museum to disclose the amount of potential benefit or obligation to be realized as a result of an examination performed by a taxing authority. For the years ended December 31, 2024 and 2023, management has determined that the Museum does not have any tax positions that result in any uncertainties regarding the possible impact on the Museum's financial statements. The Museum does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Museum recognizes interest and/or penalties related to income tax matters in income tax expense. The Museum did not have any amounts accrued for interest and penalties at December 31, 2024 and 2023. Central America and the Caribbean Investments 122494713 Europe (Including Iceland and Greenland) Investments 22077980 East Asia and the Pacific Investments 3378350 0 0 0 0 0 0 147951043 0 147951043 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual MUSEUM BY MOONLIGHT 239674 18519 221155 76802 AFTER DARK 60761 60761 15150 0 300435 18519 281916 91952 91952 189964 true UNDERGRADUATE/GRADUATE INTERN TUITION ASSISTANCE 36 41558 UNDERGRADUATE "REACH FOR THE STARS" SCHOLARSHIPS 2 10000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The Children's Museum of Indianapolis, Inc. awards scholarships to several individuals throughout the year. An independent committee reviews all scholarship applications and selects the recipients. Employees of The Children's Museum of Indianapolis, Inc. and their families are ineligible to receive scholarships. Once the recipients are chosen, the organization monitors the use of grant funds by paying scholarships directly to the recipients' educational institutions of choice. X X X X X false false false false false false false false false Jennifer Pace Robinson President and CEO 615948 0 0 0 10032 0 5200 0 32906 0 664086 0 0 0 Kathy Mathena COO\CIO 311400 0 0 0 3048 0 15985 0 11531 0 341964 0 0 0 Ella Frank Chief Financial Officer 261084 0 0 0 360 0 15220 0 12300 0 288964 0 0 0 KATHERINE M Allen VP Human Resources 227389 0 0 0 552 0 13842 0 31930 0 273713 0 0 0 Monica Ramsey VP of Experience Development & Family Learning 233414 0 0 0 360 0 13568 0 25409 0 272751 0 0 0 Tene Wright General Counsel 219979 0 0 0 552 0 6205 0 10489 0 237225 0 0 0 Allison Stittle AVP Experience Development & Family Learning 151438 0 0 0 360 0 9525 0 30802 0 192125 0 0 0 Jeannie Infante Sager VP of Advancement from 4/2/24 164042 0 0 0 318 0 0 0 11480 0 175840 0 0 0 A THE INDIANA FINANCE AUTHORITY 351602316 000000000 2014-05-05 32000000 TO REFUND 7/30/2003 BONDS false false false B The Indiana Finance Authority 351602316 000000000 2018-06-01 15960000 TO REFUND 5/14/2008 BONDS false false false A 0 0 32000000 0 0 0 0 0 0 0 32000000 0 2014 true false true true B 5980000 0 15960000 0 0 0 0 0 0 0 15960000 0 2018 true false true true A false false false false false false 0.0 0.0 0.0 false false 0 false true B false false false false false false 0.0 0.0 0.0 false false 0 false true A false false true false true true PNC BANK 21.0 false false false 0.0 false false true B false false true false true true OLD NATIONAL BANK 18.0 false false false 0 false false true A true B true 9 132773 Market value 0 false true false Schedule M, Part I Explanations of Reporting method for number of contributions Securities - Publicly Traded - Number of items Received Form 990, Part III, Line 1 ORGANIZATION'S MISSION Continued from Form 990, Part III, line 1 THE CHILDREN'S MUSEUM OF INDIANAPOLIS (THE "MUSEUM"), THE LARGEST CHILDREN'S MUSEUM IN THE WORLD, WAS INCORPORATED IN THE STATE OF INDIANA ON DECEMBER 22, 1925, STATING AS ITS PURPOSE: "TO OPERATE A CHILDREN'S MUSEUM." THE MUSEUM OPENED TO THE PUBLIC IN JANUARY 1926 AND CURRENTLY ATTRACTS OVER 1,000,000 VISITORS A YEAR. THE MUSEUM IS A PUBLIC MUSEUM OFFERING A BROAD SPECTRUM OF EDUCATIONAL OPPORTUNITIES AND INTERACTIVE FAMILY LEARNING EXPERIENCES TO A DIVERSE AUDIENCE THAT INCLUDES CHILDREN OF ALL AGES, ADULTS, FAMILIES, INDIVIDUALS WITH DISABILITIES, CITIZENS 65 YEARS AND OLDER, TOURISTS, NEIGHBORS, STUDENTS, AND THEIR TEACHERS. THROUGHOUT ITS ENTIRE HISTORY, THE MUSEUM HAS CONTINUED TO DEVELOP INNOVATIVE METHODS TO PROVIDE TRULY EXTRAORDINARY FAMILY LEARNING EXPERIENCES. THE MUSEUM'S EXHIBITION PROGRAM IS A BLEND OF MAJOR, "PERMANENT" FAMILY LEARNING EXHIBITIONS, WITH A PROJECTED "LIFE EXPECTANCY" OF 10-15 YEARS; SPECIAL, TEMPORARY EXHIBITS THE MUSEUM RENTS OR PRODUCES FOR AN AVERAGE PERIOD OF APPROXIMATELY FOUR OR FIVE MONTHS; AND INTERNATIONAL TRAVELING EXHIBITS PRODUCED FOR OTHER MUSEUMS. EDUCATIONAL PROGRAMS AT THE MUSEUM ARE DESIGNED TO RELATE TO, COMPLEMENT, AND DEVELOP THEMES PRESENTED IN PERMANENT, TEMPORARY, AND SPECIAL EXHIBITS; AND TO PROMOTE THE DEVELOPMENTAL NEEDS OF CHILDREN AND THEIR FAMILIES. THE MUSEUM OFFERS MORE THAN 4,000 EDUCATIONAL CLASSES, PROGRAMS, AND ACTIVITIES THROUGHOUT THE YEAR THAT EXTEND AND DEVELOP EXHIBIT THEMES. UNLIKE MOST MUSEUMS CREATED FOR CHILDREN, THE MUSEUM MAINTAINS A COLLECTION. IT IS THE LARGEST AND MOST COMPREHENSIVE COLLECTION OF ANY YOUTH MUSEUM IN THE WORLD, CONSISTING OF MORE THAN 130,000 ARTIFACTS. THE MUSEUM COLLECTS SIGNIFICANT ARTIFACTS AND SPECIMENS TO USE IN EXHIBITIONS AND THEIR EDUCATIONAL PROGRAMS, AND PRESERVES THOSE ARTIFACTS, SPECIMENS, AND THEIR CONTEXTUAL INFORMATION FOR FUTURE GENERATIONS OF CHILDREN AND THEIR FAMILIES. COLLECTIONS ARE DIVIDED INTO THREE PRINCIPAL AREAS OF INTEREST OR "DOMAINS": AMERICAN EXPERIENCE (WHICH INCLUDES A GROWING AFRICAN AMERICAN COLLECTION OF ARTIFACTS), WORLD CULTURES, AND NATURAL WORLD. Form 990, Part III, Line 4c COLLECTIONS CONTINUED FROM FORM 990, PART III, LINE 4C CULTURAL WORLD DOMAIN: COLLECTIONS CONTAIN FOLK TOYS, SPECIAL CLOTHES, DECORATED EVERYDAY OBJECTS AND ART BY CHILDREN AND INTERNATIONALLY-KNOWN ARTISTS. AMERICAN EXPERIENCE DOMAIN: COLLECTIONS CONTAIN OVER 39,500 AMERICAN AND AFRICAN-AMERICAN OBJECTS SPANNING ALMOST 200 YEARS. THESE ARE SEEN BY FAMILIES AND CHILDREN IN GALLERY EXHIBITS AND EDUCATIONAL ACTIVITIES. THE ARTIFACTS AND SPECIMENS IN THE COLLECTION OF THE CHILDREN'S MUSEUM ARE IMPORTANT BECAUSE: THEY TELL STORIES THAT CONNECT GENERATIONS; THEY OFFER INSIGHT INTO THE LIVES OF PEOPLE HERE AND IN OTHER PARTS OF THE WORLD; THEY ARE REFERENCE POINTS FOR CHILDREN TO COMPARE THEIR LIVES WITH PEOPLE THROUGH TIME AND ACROSS CULTURES; THEY INSPIRE OUR IMAGINATION AND ENRICH OUR LIVES. Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL IN AUGUST OF 2020, THE BOARD LEADERSHIP AND INCUMBENT PRESIDENT/CEO (OUTGOING EXECUTIVE) ENGAGED EXTERNAL INDEPENDENT COMPENSATION FIRM, KOYA PARTNERS, TO CONDUCT A CUSTOMIZED SALARY ASSESSMENT AND MARKET ANALYSIS FOR THE COMPENSATION OF THE NEXT PRESIDENT & CEO (CEO). THE ANALYIS AND RECOMMENDATIONS WERE TAKEN UNDER ADVISEMENT. KOYA PARTNERS PRESENTED SPECIFIC RECOMMENDATIONS FOR BASE AND BONUS PAY BASED ON MARKET ANALYSIS OF COMPARABLE PEER ORGANIZATION, THOROUGH REVIEW OF THE JOB RESPONSIBILITIES, AND A REVIEW OF THE OUTGOING EXECUTIVE'S CURRENT COMPENSATION. IN MAY OF 2021, THE MUSEUM TRANSITIONED TO A NEW CEO. AT THE END OF 2023, THE BOARD CONDUCTED THE ANNUAL PERFORMANCE ASSESSMENT FOR THE CEO. The PROCESS INVOLVED THE FOLLOWING: THE BOARD CHAIR AND VICE CHAIR DISTRIBUTED A CONFIDENTIAL SURVEY TO ALL MEMBERS OF THE BOARD OF TRUSTEES, MEMBERS OF THE STAFF EXECUTIVE TEAM, ASSOCIATE VICE PRESIDENTS, AND DIRECTORS. THE SURVEY RESULTS WERE COMPILED BY THE CHAIR OF THE BOARD, IN CONFIDENCE. THE CHAIR SHARED A SYNOPSIS OF THE FEEDBACK WITH THE MEMBERS OF THE EXECUTIVE AND GOVERNANCE COMMITTEES OF THE BOARD OF TRUSTEES. THE BOARD LEADERSHIP THEN DETERMINED BOTH THE BASE AND BONUS PAY ADJUSTMENTS FOR THE CEO POSITION. DURING MARCH OF 2023, THE BOARD LEADERSHIP GAVE THE CEO A BASE PAY INCREASE THAT WAS THE SAME PERCENTAGE AS ALL MUSEUM STAFF MEMBERS. THE DECISIONS WERE REPORTED TO THE FULL BOARD OF TRUSTEES, IN A PRIVATE EXECUTIVE SESSION. THIS OCCURRED DURING THE MAY 2022 BOARD MEETING. THE BOARD LEADERSHIP, WITH THE APPROVAL OF THE EXECUTIVE COMMITTEE, EXECUTED A 5-YEAR EMPLOYMENT AGREEMENT ON JANUARY 19, 2022. THE INITIAL TERM OF THE AGREEMENT WAS RETROACTOVE TO MAY 8, 2021, AND EXPIRES ON DECEMBER 31, 2024. Due to the analysis not completed for 2024, this question has been answered "NO". Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES An independent, third-party firm WAS RETAINED TO REVIEW, ANALYZE AND GIVE RECOMMENDATIONS ON THE COMPENSATION FOR MEMBERS OF THE EXECUTIVE TEAM IN 2023. DOCUMENTATION OF THE FINDINGS AND RECOMMENDATIONS WAS GENERATED BY COMPENSATION RESOURCES, REVIEWED BY BOARD LEADERSHIP, AND APPROVED BY THE CEO. COMPENSATION DETERMINATIONS ARE MADE ANNUALLY BASED ON THE ANALYSIS OF: THE JOB DESCRIPTION, COMPARABLE MARKET DATA, THE QUALIFICATIONS OF THE INCUMBENT, INTERNAL EQUITY, AND INPUT FROM INDEPENDENT COMPENSATION CONSULTANTS IN ACCORDANCE WITH ALL APPLICABLE LAWS AND REGULATIONS AND IN COMPLIANCE WITH MUSEUM POLICY. COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE TEAM WAS REVIEWED DURING THE EXTENSION OF THE 5-YEAR EMPLOYMENT AGREEMENT MENTIONED ABOVE BUT NOT DURING 2024. THEREFORE, THIS QUESTION HAS BEEN ANSWERED "NO." Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee of the Board of Trustees is comprised of members of the Board, and does not include individuals who are not on the Board. The Executive Committee may exercise all of the powers of the Board of Trustees in the governance of the Museum during intervals between meetings of the Board of Trustees and subject to such limitations as may be required by law or by resolution of the Board of Trustees. The Board of Trustees may, at its discretion, rescind the acts of the Executive Committee but such rescission shall be effective only from and after the date of such rescission. The Executive Committee may also from time to time formulate and recommend to the Board of Trustees policies regarding the management of the business and affairs of the Museum. Form 990, Part VI, Line 11b Review of form 990 by governing body The Final Form 990 was reviewed in detail by management, and the Final Form 990 was provided to every member of the governing body for review prior to the November 17, 2025 filing deadline. Form 990, Part VI, Line 12c Conflict of interest policy A conflict of interest policy is in place that applies to all Trustees, Distinguished Advisors, Honorary Trustees, committee members, employees and volunteers. A conflict of interest statement is signed annually by Trustees, Distinguished Advisors, Honorary Trustees, committee members, and upper management employees. Once the conflict of interest statements are signed, they are reviewed by in-house legal counsel for potential or actual conflicts of interest. At all times, all persons who have an actual or potential conflict of interest are required to disclose it - Trustees, Distinguished Advisors, Honorary Trustees and committee members make such disclosure to the Board of Trustees; employees and volunteers make such disclosure to the VP of Human Resources, who then contacts the Museum's CEO and the Board Chair. Before any transaction involving a potential conflict of interest may occur, the Board of Trustees is required to determine whether an actual conflict of interest exists and, if so, whether a more advantageous transaction or arrangement is reasonably attainable under circumstances not producing a conflict of interest, and whether the proposed transaction is in the Museum's best interest, is for the Museum's own benefit, and is fair and reasonable. The interested person may not participate in the Board's discussion or decision regarding the potential conflict. Conflicts of interest discovered once a transaction is in process will be addressed by the Board as soon as possible, and the interested person may be subject to discipline, including termination, for failure to disclose the conflict in a timely manner. Form 990, Part VI, Line 19 Required documents available to the public The conflict of interest policy, financial statements, and governing documents are available to the public upon request. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue Miscellaneous Income - Total Revenue: 15007, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 15007; Form 990, Part XI, Line 9 Other changes in net assets or fund balances change in value of interest rate swap - 1095737; change in FMV value of assets - 33633; write off of uncollectible pledges - -163885; Total - 965485; SIDNEY ENTERPRISES LLC 3000 N MERIDIAN ST INDIANAPOLIS IN 46208 350867985 PROPERTY HOLDING & MAINTENANCE IN 0 2001794 THE CHILDREN'S MUSEUM OF INDIANAPOLIS INC TREX ENTERPRISES LLC 3000 N MERIDIAN ST INDIANAPOLIS IN 46208 453931834 PROPERTY HOLDING & MAINTENANCE IN 0 1286117 THE CHILDREN'S MUSEUM OF INDIANAPOLIS INC THE CHILDREN'S MUSEUM GUILD INC 3000 N MERIDIAN ST INDIANAPOLIS IN 46208 310931317 SUPPORT MUSEUM IN 501(c)(3) Type III-FI NA false CHARITABLE REMAINDER UNITRUST (1) N/A NA IN 00000 CRUT IN NA Trust false false false true false false false false false false false false false true true true true true false false