2026-02-24T16:52:31-06:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 600 3RD AVENUE SE SUITE 300 CEDAR RAPIDS IA 52401 990 2024-07-01 421461422 THE IOWA CHILDREN'S MUSEUM IOWA 3196256255 1451 CORAL RIDGE AVE CORALVILLE IA 522412802 JEFF CAPPS EXECUTIVE DIRECTOR 3196256255 2026-02-18 1 0 DAVID LITTLE P01480921 3193632697 2026-02-06 2024 2025-03-06 01:10:19Z JEFF CAPPS 1451 CORAL RIDGE AVE CORALVILLE IA 522412802 2126542 0 X WWW.THEICM.ORG X 1995 IA TO INSPIRE EVERY CHILD TO IMAGINE, CREATE, DISCOVER, AND EXPLORE THROUGH THE POWER OF PLAY. 19 19 72 75 2650 1650 718109 802080 1143894 1206806 33441 22193 -83116 -73687 1812328 1957392 0 0 0 0 1247408 1269964 0 0 215673 862321 871717 2109729 2141681 -297401 -184289 4512719 3780783 412731 467023 4099988 3313760 X TO INSPIRE EVERY CHILD TO IMAGINE, CREATE, DISCOVER, AND EXPLORE THROUGH THE POWER OF PLAY. 0 0 1630955 1206806 THE IOWA CHILDREN'S MUSEUM (THE ICM) HAS FIVE EDUCATIONAL INITIATIVES THAT INFORMS THE CREATION OF ALL PROGRAMS AND EXHIBITS. THESE INCLUDE STEM (SCIENCE, TECHNOLOGY, ENGINEERING & MATH), FINANCIAL LITERACY, SCHOOL READINESS, HEALTHY KIDS AND ARTS & CULTURE. THE ACTIVE LEARNING EXPERIENCES THAT ARE ASSOCIATED WITH THESE INITIATIVES EMBODY BEST PRACTICES OF INFORMAL EDUCATION AND ADVANCE 21ST CENTURY SKILLS. IN FY25, THE MUSEUM SERVED MORE THAN 190,000 INDIVIDUALS OVER THE COURSE OF THE YEAR. SOME OF THE MUSEUM'S SPECIFIC COMMUNITY-BASED PROGRAMS AND ACCOMPLISHMENTS ARE AS FOLLOWS:25TH ANNIVERSARY AND "POTENTIAL SPACE" EXHIBIT: DURING FY25, THE ICM CELEBRATED ITS 25TH ANNIVERSARY AT CORAL RIDGE MALL. THE COMMEMORATION OF THIS MILESTONE INCLUDED A GATHERING OF FRIENDS AND SUPPORTERS AT A RIBBON CUTTING FOR A TRAVELING EXHIBIT. "POTENTIAL SPACE" IS A PHOTOGRAPHY EXHIBITION CREATED BY CALIFORNIA-BASED ARTIST NANCY RICHARDS FARESE. THE EXHIBIT FEATURES A RANGE OF FRAMED PHOTOGRAPHS, BANNERS, FLOOR DECALS AND VINYL WALL ART DEPICTING CHILDREN PLAYING IN MORE THAN A DOZEN COUNTRIES. THE EXHIBIT WAS ON DISPLAY FOR SEVEN WEEKS -- MADE AVAILABLE TO REGULAR VISITORS ON A DAILY/WEEKLY BASIS AND TO SPECIAL GUESTS DURING HOSTED GALLERY HOURS. SCHOOL READINESS GRANT AND NEW FESTIVAL: THE ICM COMPLETED ITS MULTI-YEAR SCHOOL READINESS GRANT PROJECT THROUGH THE INSTITUTE FOR MUSEUM AND LIBRARY SERVICES (IMLS) AND BOSTON CHILDREN'S MUSEUM. THIS PROJECT HELPED SOLIDIFY AND ADVANCE THE YEARSLONG PARTNERSHIP BETWEEN THE MUSEUM AND THE CORALVILLE PUBLIC LIBRARY. THE FINAL YEAR OF THE GRANT SAW THE ORGANIZATIONS COLLABORATING ON A PERMANENT BOOK WALK IN NORTH RIDGE PARK AND THE LAUNCH OF A FAMILY-FOCUSED MUSICAL FESTIVAL CALLED "PLAYING IN THE PARK."COMMUNITY CONNECTIONS: DURING FY25, THE ICM CONTINUED TO SERVE AS A STRONG LEADER AND COLLABORATOR -- BOTH LOCALLY AND AT THE STATE LEVEL. THE ORGANIZATION ADVANCED ITS RELATIONSHIP WITH THE NASA IOWA SPACE GRANT CONSORTIUM, LAUNCHING A LIBRARY-BASED "SPACE STATIONS" PROGRAM AND HOSTING A CONSORTIUM SUMMER INTERN FOR THE FIRST TIME. THE MUSEUM'S EXCECUTIVE DIRECTOR WAS SELECTED TO SERVE AT THE STATEWIDE ARTS CAUCUS, WHILE CONTINUING TO LEAD "ARTS & CULTURE" DAY FOR THE COMMUNITY LEADERSHIP PROGRAM AND SERVE ON THE BOARD OF THE LOCAL CONVENTION AND VISITORS BUREAU. IN CONJUNCTION WITH ITS NEW STRATEGIC PLAN, THE ORGANIZATION LAUNCHED A COMMUNITY-WIDE SURVEY, GARNERING MORE THAN 450 RESPONSES, LEADING TO A SERIES OF COMMUNITY CONVERSATIONS LATER IN THE YEAR. STEM SMART PROGRAMS: STEM SMART ENCOURAGES LITERACY AND HEALTHY DEVELOPMENT BY PROVIDING PROGRAMS THAT ALLOW CHILDREN TO APPLY AN UNDERSTANDING OF HOW THE WORLD WORKS WITHIN THE AREAS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH. THIS WORK IS ACCOMPLISHED THROUGH VARIOUS PROGRAMS, INCLUDING FAMILY FREE NIGHTS AND COMMUNITY OUTREACH PROGRAMS. THIS YEAR, THE MUSEUM CONTINUED ITS "STEM IN THE COMMUNITY" PROGRAM WITH LOCAL PARTNERS, WHILE GREATLY INCREASING THE NUMBER OF STUDENTS PARTICPATING IN THE "TECH TREK DROP-OFF INITIATIVE AND LAYING THE FOUNDATION FOR A NEW IN-MUSEUM PROGRAM CALLED "AFTERSCHOOL STUDIO."ICM FOR EVERYONE AND ICM2GO: THE MUSEUM CONTINUED WITH A RANGE OF ACCESSIBILITY INITIATIVES THROUGHOUT THE FISCAL YEAR, WITH MORE THAN 42,000 FREE AND REDUCED MUSEUM ADMISSIONS BEING OFFERED. THE ICM2GO PROGRAM CONNECTS ICM'S "PLAY TO LEARN" MODEL WITH CHILDREN AND FAMILIES ON-LOCATION THROUGHOUT THE EASTERN IOWA CORRIDOR. MORE THAN 19,000 PEOPLE WERE SERVED THROUGH PROGRAMS LIKE THIS, WITH MORE THAN 8,000 LOCAL/REGIONAL STUDENTS COMING TO THE MUSEUM FOR FIELD TRIPS. NEARLY 3,000 FAMILIES HAD MUSEUM MEMBERSHIPS THROUGHOUT THE YEAR. MOVE IT! DIG IT! DO IT! AND JACK SPLAT: THESE TWO LARGE-SCALE, FREE, OUTDOOR COMMUNITY EVENTS CONTINUE TO PROVIDE THE ICM A TREMENDOUS OPPORTUNITY TO CONNECT WITH THE COMMUNITY. FOR THE FOURTH STRAIGHT YEAR, JACK SPLAT WAS HELD IN A DOWNTOWN IOWA CITY PARK AS A MEANS OF INCREASING ACCESS. THE ICM AND VARIOUS PARTNERS INVITE COMMUNITY MEMBERS TO BRING THEIR COMPOSTABLE JACK-O-LANTERNS TO THE PARK, WHERE THEY ARE DROPPED FROM THE FOURTH FLOOR OF A LOCAL PARKING RAMP FOR EVERYONE'S ENJOYMENT. MOVE IT! DIG IT! DO IT! CONTINUED ITS GREAT RUN OF SUCCESS IN FY24 WITH AN ESTIMATED 5,000 PEOPLE GATHERING IN THE MALL PARKING LOT FOR A ONE-OF-A-KIND OPPORTUNITY FOR LEARNING AND FAMILY FUN. 1630955 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 72 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 DC IL MN X X KADY HALL 3196256255 1451 CORAL RIDGE AVE CORALVILLE IA 522412802 MAHON NICK BOARD CHAIR 2.00 X X 0 0 0 SHAFFER KRISTEN PAST BOARD CHAIR 1.50 X X 0 0 0 YODER CELESTE TREASURER/CHAIR-ELECT 1.50 X X 0 0 0 MOORE ELLIE SECRETARY 1.50 X X 0 0 0 BERN LISSA DIRECTOR (LEFT FEB 2025) 0.50 X 0 0 0 FINLEY KATHLEEN DIRECTOR 0.50 X 0 0 0 GOETZINGER CHARLIE DIRECTOR 0.50 X 0 0 0 HAGEDORN EMILY DIRECTOR 0.50 X 0 0 0 JONES KIM DIRECTOR 0.50 X 0 0 0 KAUFMAN CAROLINA DIRECTOR 0.50 X 0 0 0 LORENZ MEGAN DIRECTOR 0.50 X 0 0 0 NELSON ERIN DIRECTOR 0.50 X 0 0 0 NIEVES HIRSCH MONICA DIRECTOR 0.50 X 0 0 0 O'NEIL DAN DIRECTOR 0.50 X 0 0 0 RAMEY CHACE DIRECTOR 0.50 X 0 0 0 RUSSELL BEN DIRECTOR 0.50 X 0 0 0 SWOPE BRI DIRECTOR 0.50 X 0 0 0 WACHENDORF JAMES DIRECTOR 0.50 X 0 0 0 WEST AMANDA DIRECTOR (LEFT DEC 2024) 0.50 X 0 0 0 WEST RYAN DIRECTOR 0.50 X 0 0 0 WILTFANG JASON DIRECTOR 0.50 X 0 0 0 CAPPS JEFF EXECUTIVE DIRECTOR 50.00 X 134879 0 9864 134879 0 9864 1 0 0 0 0 300383 141882 359815 1450 802080 ADMISSIONS 611600 742943 742943 MEMBERSHIP DUES 611600 323106 323106 PROGRAM AND FACILITY 611600 66186 66186 GUEST WELCOME CENTER 900099 59344 59344 SPECIAL PROGRAM FEES 611600 15227 15227 1206806 22193 22193 49860 300383 145312 -95452 -95452 42953 23838 19115 19115 ADVERTISING REVENUE 541800 2650 2650 2650 1957392 1225921 2650 -73259 146741 36685 73371 36685 951364 847802 29103 74459 18052 16875 1177 69356 58903 4222 6231 84451 68405 7601 8445 65099 65099 184859 180376 4483 56498 56498 125181 85443 9493 30245 39421 35479 3942 19326 15654 1739 1933 627 627 161301 145071 16230 24487 24487 REPAIRS & MAINTENANCE 82647 82647 EXHIBIT EXPENSES 50075 50075 GIFT CARD FEES 49023 49023 PROGRAM SUPPLIES 7540 7540 5633 5633 2141681 1630955 295053 215673 37096 85246 825610 795042 33628 16371 19408 16833 3826 5034 2637045 2003477 784656 633568 2808495 2228689 4512719 3780783 153613 164069 208170 232274 31972 61488 18976 9192 412731 467023 X 1278270 1062945 2821718 2250815 4099988 3313760 4512719 3780783 -184289 -601939 0 X X 0 1 X 1 0 X 825926 1298539 981484 718109 802080 4626138 825926 1298539 981484 718109 802080 4626138 340098 4286040 883 1263 2596 33441 22193 60376 15000 15000 7514 3000 2650 43164 4729678 5167781 0.90620 0.97470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2479964 1876378 603586 137561 107757 29804 19520 19342 178 633568 PRESENT VALUE OF CONTRIBUTED LEASE 2219963 RIGHT-OF-USE ASSET 8726 2228689 SHORT TERM LEASE LIABILITY 4281 LONG TERM LEASE LIABILITY 4911 9192 X 2147198 189806 189806 1957392 0 1957392 2933426 791745 791745 2141681 0 2141681 PART IV, LINE 2B: THE IOWA CHILDREN'S MUSEUM HAS BEEN AWARDED A THREE-YEAR GRANT FROM A FOUNDATION. THE IOWA CHILDREN'S MUSEUM IS TO PROVIDE FISCAL SPONSOR SERVICES FOR THE IOWA AFTERSCHOOL ALLIANCE 2021-2024 ACHIEVEMENT GRANT AND WILL RETAIN 2% OF THE CASH FUNDS RECEIVED FROM THE FOUNDATION AND OTHER FUNDING ENTITIES FOR THE PROJECT, TO EXCLUDE ANY CARRYOVER FUNDS FROM THE FOUNDATION FOR THE GRANT YEARS 2018-2021. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE IOWA INCOME TAX LAW, WHICH PROVIDES INCOME TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES. THE INTERNAL REVENUE SERVICE HAS NOT CLASSIFIED THE ORGANIZATION AS A PRIVATE FOUNDATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD TO EVALUATE UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AT YEAR-END. CHILDREN'S OPEN 96103 67303 28800 1837 7996 8032 0 33594 CELEBRATE PLAY GALA 201307 180247 21060 14524 3521 18660 1150 54882 1 52833 52833 1116 350243 300383 49860 16361 11517 26692 1150 89592 145312 -95452 FORM 990, PART VI, SECTION A, LINE 1A THERE SHALL BE AN EXECUTIVE COMMITTEE CONSISTING OF THE CHAIR, THE CHAIR-ELECT, THE SECRETARY, THE TREASURER, AND AN EMERITUS (PAST) CHAIR, AND SUCH OTHER DIRECTORS OF THE BOARD OF DIRECTORS, ELECTED BY THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR AND ASSISTANT DIRECTOR SHALL BE EX-OFFICIO, NON-VOTING MEMBERS OF THE EXECUTIVE COMMITTEE. EXCEPT AS OTHERWISE PROVIDED IN THESE BYLAWS, THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE EXECUTIVE COMMITTEE WILL FIRST REVIEW THE 990 AND THEN PARTICIPATE IN DISCUSSION WITH THE PREPARER. UPON THEIR RECOMMENDATION, THE 990 IS FORWARDED TO THE FULL BOARD PRIOR TO A REGULAR MONTHLY MEETING AT WHICH TIME THE 990 IS OFFICIALLY ACCEPTED, BEFORE BEING SIGNED AND SUBMITTED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES FOLLOW THE CONFLICT OF INTEREST POLICY. BOARD MEMBERS ADDRESS ANY POTENTIAL CONFLICTS OF INTEREST AT MONTHLY BOARD MEETINGS. IF A CONFLICT ARISES THE BOARD MEMBER ABSTAINS FROM VOTING ON THE ITEM IN CONFLICT. CONFLICTS ARE DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15A EACH YEAR, THE BOARD CHAIR AND CHAIR ELECT FACILITATE A PERFORMANCE EVALUATION OF THE EXECUTIVE DIRECTOR (ED). ALL BOARD MEMBERS COMPLETE THE EVALUATION TOOL. THE BOARD CHAIR COMPILES THE COLLECTED INFORMATION AND EMAILS A FINAL REPORT OUT TO THE ENTIRE BOARD OF DIRECTORS, AT WHICH POINT THE BOARD DISCUSSES (IN CLOSED EXECUTIVE SESSION) THE EVALUATION DATA AND DETERMINES WHETHER A SALARY/COMPENSATION CHANGE IS APPROPRIATE. THE BOARD CHAIR AND BOARD CHAIR-ELECT COMPILE RESEARCH ON COMPARABLE EXECUTIVE DIRECTOR SALARIES IN THE FIELD OF MUSEUMS IN OUR GEOGRAPHIC REGION TO ESTABLISH BASELINE DATA REGARDING THE RANGE OF COMPARABLE STAFF POSITION. THIS PROCESS MIGHT INVOLVE AN ORGANIZATIONAL CONSULTANT, AS WELL. ANY SALARY CHANGES MUST BE MADE AS A MOTION BY A BOARD MEMBER AND VOTED UPON BY THE ENTIRE BOARD TO BECOME EFFECTIVE. FOLLOWING THAT BOARD MEETING, THE ED MEETS WITH THE BOARD CHAIR AND CHAIR ELECT TO GO OVER THE EVALUATION REPORT AND SET GOALS FOR THE UPCOMING YEAR, AS WELL AS BE ADVISED OF ANY SALARY CHANGE. THE EVALUATION REPORT IS THEN KEPT ON FILE IN THE EMPLOYMENT FILE OF THE ED. THIS PROCESS WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSEEING AND SELECTING AN INDPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.