2024-05-13T10:02:03-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-07-01 592994883 FLORIDA CHILDREN'S MUSEUM INC FLOR 8636873869 600 BONNET SPRINGS BLVD LAKELAND FL 33815 KERRY FALWELL CEO 8636873869 2024-05-10 1 KERRY FALWELL 999009999 0 LACEY M QUATSOE P01300865 4078021200 2024-05-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KERRY FALWELL 600 BONNET SPRINGS BLVD LAKELAND FL 33815 4709973 0 X WWW.EXPLOREFCM.ORG X 1990 FL CURATING THE WORLD FOR ALL CHILDREN TO EXPLORE. 18 18 33 18 -246 0 1447098 1349902 233263 907418 7666 1658411 4551 69676 1692578 3985407 0 0 0 0 510639 971113 0 0 156301 289411 1335479 800050 2306592 892528 1678815 9827622 19414053 4136972 2996831 5690650 16417222 X CURATING THE WORLD FOR ALL CHILDREN TO EXPLORE 0 0 1898781 0 915993 FLORIDA CHILDREN'S MUSEUM, INC. (THE MUSEUM) CURATES THE WORLD FOR ALL CHILDREN TO EXPLORE. THE MUSEUM, A 501(C)(3) NONPROFIT ORGANIZATION, OPERATES UNDER SEVEN GUIDING PRINCIPLES:1) WE EDUCATE THROUGH PLAY.2) WE WELCOME ALL CHILDREN.3) OUR PEOPLE ARE OUR SECRET SAUCE.4) WE ARE HERE TO STAY.5) WE SERVE OUR COMMUNITY.6) OUR CHILDREN ARE SAFE AND SECURE.7) WE SERVE THE WHOLE FAMILY.CONTINUED ON SCHEDULE OTHE MUSEUM OPENED IN DOWNTOWN LAKELAND, FLORIDA, IN 1991 AND PURCHASED THE FOUR-STORY HISTORIC KRESS BUILDING IN 1998. A NEW FACILITY DEBUTED IN LATE 2022 WHEN THE MUSEUM OPENED AS FLORIDA CHILDREN'S MUSEUM AT BONNET SPRINGS PARK IN A NEW, STATE-OF-THE-ART 47,800 SQUARE FOOT FACILITY. THE MUSEUM PRODUCES MORE THAN 1,000 HOURS OF EDUCATOR-DIRECTED PROGRAMS EACH YEAR IN ADDITION TO PRESENTING WORLD-CLASS, HANDS-ON EXHIBITS. FUNDING FOR EXHIBITS AND PROGRAMS IS DIVERSIFIED AND INCLUDES TICKET SALES, SPONSORSHIPS, GRANTS, AND PRIVATE DONATIONS. THE MUSEUM IS A "MUSEUMS FOR ALL" FACILITY, PROVIDING ACCESS FOR FAMILIES WITH EBT CARDS FOR $3 ADMISSION AND 21% OF ADMISSIONS WERE FREE (2022-2023) THROUGH THE BLUE STAR PROGRAM, SMITHSONIAN FREE DAY, POLK COUNTY FAMILY WEEK, AND AS GRANTS WERE OBTAINED TO ADMIT MANY CHILDREN IN PROGRAMS AT LOW OR NO COST. IN FISCAL YEAR 2023, THE MUSEUM TRACKED 142,273 ADMISSIONS, 20,330 PROGRAM ATTENDEES AND 65,072 AT OUTREACH EFFORTS FOR A TOTAL IMPACT OF 227,675 VISITORS. 1898781 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 10 0 1 33 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 0 FL X TERRY LAURETTA 8636873869 600 BONNET SPRINGS BLVD LAKELAND FL 33815 THOMAS LLOYD PRESIDENT (VP THRU 12/22) 2.00 X X 0 0 0 LAUREN ALBAUM VP (SECRETARY THRU 12/22) 2.00 X X 0 0 0 CALLIE MILLER SECRETARY (DIRECTOR THRU 12/22) 2.00 X X 0 0 0 PATRICK MURPHY TREASURER (DIRECTOR THRU 12/22) 2.00 X X 0 0 0 LAUREN JENSON IMMEDIATE PAST PRE. (PRES. THRU 12/22) 2.00 X X 0 0 0 MANDY FULTON IMMEDIATE PAST PRESIDENT(THRU 12/22) 2.00 X X 0 0 0 CRAIG SPURLOCK DIRECTOR (TREASURER THRU 12/22) 1.00 X X 0 0 0 JEFF BALDWIN DIRECTOR (THRU 12/22) 1.00 X 0 0 0 KYLIA CARSWELL DIRECTOR (SINCE 01/23) 1.00 X 0 0 0 CRAIG COLLINS DIRECTOR 1.00 X 0 0 0 HANNAH GEORGE DIRECTOR (THRU 12/22) 1.00 X 0 0 0 TERESA GRIFFIN DIRECTOR (THRU 12/22) 1.00 X 0 0 0 TINA HARRELL DIRECTOR (SINCE 01/23) 1.00 X 0 0 0 SARAH JOHNSTON DIRECTOR 1.00 X 0 0 0 APRIL MUCCI DIRECTOR (SINCE 01/23) 1.00 X 0 0 0 PAM MUTZ DIRECTOR (SINCE 01/23) 1.00 X 0 0 0 ADARA RICHTER DIRECTOR (THRU 12/22) 1.00 X 0 0 0 JORGE RIVERA DIRECTOR 1.00 X 0 0 0 VERONICA RODRIGUEZ DIRECTOR (SINCE 01/23) 1.00 X 0 0 0 JEFF SANDMAN DIRECTOR 1.00 X 0 0 0 SALLIE STONE DIRECTOR 1.00 X 0 0 0 NICOLE TRAVIS DIRECTOR (THRU 12/22) 1.00 X 0 0 0 SARAH WOODSBY DIRECTOR (SINCE 01/23) 1.00 X 0 0 0 KATIE WORTHINGTON DIRECTOR (SINCE 01/23) 1.00 X 0 0 0 KERRY FALWELL CHIEF EXECUTIVE OFFICER 40.00 X 83425 0 120 THERESA LAURETTA DIRECTOR OF FINANCE 40.00 X 49648 0 60 133073 0 180 0 0 0 0 0 153811 174660 38201 183830 799400 32249 1349902 MUSEUM ADMISSIONS 611710 870130 870130 PROGRAMS AND WORKSHOPS 611710 37288 37288 907418 1203 1203 55229 5636 49593 49593 -246 49839 13444 2302982 13285 645933 159 1657049 1657208 1657208 62491 38201 51825 10666 10666 16462 7887 8575 8575 MISCELLANEOUS INCOME 900099 467 467 EXHIBIT RENTAL 900099 375 375 842 3985407 915993 -246 1719758 142909 87997 32947 21965 755882 658636 76293 20953 1840 1597 166 77 70482 59910 7048 3524 25568 25568 1854 1854 5641 4795 564 282 61360 3193 15 58152 73969 69894 3348 727 663464 562639 65974 34851 14388 12230 1439 719 112284 95443 11229 5612 178454 152484 17313 8657 1053 1053 PROGRAM SUPPLIES 148270 148270 DUES AND SUBSCRIPTIONS 15707 14136 1571 MOVING EXPENSES 13929 13929 STAFF DEVELOPMENT 9629 8185 963 481 9909 5443 4165 301 2306592 1898781 251510 156301 53164 50170 1014698 1486153 1611848 10104873 31518 48376 1612 2344 785 12029 7779101 270403 6926019 7508698 166722 178638 21256 22772 9827622 19414053 608798 414065 253732 397036 2989119 2049230 285323 136500 4136972 2996831 X 807114 7713195 4883536 8704027 5690650 16417222 9827622 19414053 X 1678815 21337 9038115 -11695 X 0 1 X 1 0 X 452852 629967 4566008 1447098 1349901 8445826 452852 629967 4566008 1447098 1349901 8445826 3361395 5084431 29365 21382 20187 20836 55714 147484 2102 1281 1792 0 5175 19353 15160 20940 16770 63333 135556 8734041 1640266 0.58210 0.57870 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2018 AMOUNT: $ 764. 2019 AMOUNT: $ 6,516. 2020 AMOUNT: $ 105. 2021 AMOUNT: $ 61. 2022 AMOUNT: $ 842. FUNDRAISING REVENUE - 2018 AMOUNT: $ 18,589. 2019 AMOUNT: $ 8,644. 2020 AMOUNT: $ 20,835. 2021 AMOUNT: $ 16,709. 2022 AMOUNT: $ 62,491. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 7618804 162816 7455988 89284 39451 49833 71013 68136 2877 7508698 RETAINAGE PAYABLE 136500 136500 X 13066196 21337 9049903 11403 9082643 3983553 1854 1854 3985407 2339624 11788 21098 32886 2306738 1854 -2000 -146 2306592 PART V, LINE 4: THE MUSEUM HAS A BENEFICIAL INTEREST IN ASSETS HELD AT THE GIVE WELL COMMUNITY FOUNDATION, INC. TO ESTABLISH A COLLABORATIVE PARTNERSHIP WITH THE FOUNDATION AND TO ENHANCE OUR DEVELOPMENT POTENTIAL. PART X, LINE 2: THE MUSEUM OPERATES AS A NONPROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL AND STATE OF FLORIDA INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE MUSEUM HAS ADOPTED ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS. WHEN APPLICABLE, ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT LIABILITIES IN THE MUSEUM'S FINANCIAL STATEMENTS. THERE WERE NO SUCH INTEREST OR PENALTIES FOR THE YEAR ENDED JUNE 30, 2023. THE MUSEUM IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,887. FUNDRAISING ACTIVITIES 2,000. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 1,516. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 7,887. DISCOUNT ON PLEDGES 13,211. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING ACTIVITIES -2,000. NIGHT AT THE MUSEUM 38670 0 38670 1500 4523 2545 18987 MASQUERADE BALL 32738 17240 15498 12839 1850 2757 1 29284 20961 8323 1550 2600 2084 590 100692 38201 62491 1500 1550 2600 19446 4395 22334 51825 10666 X AUCTION ITEMS 8 16612 COST X RAFFLE ITEMS 45 12810 COST X MUSEUM SUPPLIES 3 2827 COST 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTED ITEMS. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE, WHICH SHALL CONSIST OF THE PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER OF THE BOARD OF DIRECTORS, SHALL HAVE ALL THE POWERS AND DUTIES WHICH MAY LAWFULLY BE ASSIGNED TO IT BY THE BOARD OF DIRECTORS AND SHALL FUNCTION, IN ITS DISCRETION, BETWEEN BOARD MEETINGS AND WHILE THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION A, LINE 2 JEFF BALDWIN AND CRAIG COLLINS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE CEO AND TREASURER REVIEW THE FORM 990 PREPARED BY THE PUBLIC ACCOUNTING FIRM AND SUBSEQUENTLY PROVIDE A COPY FOR REVIEW BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C NO CONTRACT OR OTHER TRANSACTION BETWEEN THE MUSEUM AND ONE OR MORE OF ITS DIRECTORS OR ANY OTHER CORPORATION, FIRM, ASSOCIATION, OR ENTITY IN WHICH ONE OR MORE OF ITS DIRECTORS ARE DIRECTORS OR OFFICERS OR ARE FINANCIALLY INTERESTED WILL BE EITHER VOID OR VOIDABLE BECAUSE OF SUCH RELATIONSHIP OR INTEREST, BECAUSE SUCH DIRECTOR OR DIRECTORS ARE PRESENT AT THE MEETING OF THE BOARD OF DIRECTORS OR A COMMITTEE THEREOF WHICH AUTHORIZES, APPROVES, OR RATIFIES SUCH CONTRACT OR TRANSACTION, OR BECAUSE THE VOTES OF SUCH DIRECTOR OR DIRECTORS ARE COUNTED FOR SUCH PURPOSE, IF: (A) THE FACT OF SUCH RELATIONSHIP OR INTEREST IS DISCLOSED OR KNOWN TO THE BOARD OF DIRECTORS OR COMMITTEE WHICH AUTHORIZES, APPROVES, OR RATIFIES THE CONTRACT OR TRANSACTION BY A VOTE OR CONSENT SUFFICIENT FOR THE PURPOSE WITHOUT COUNTING THE VOTES OR CONSENTS OF SUCH INTERESTED DIRECTORS, ALL IN THE MANNER PROVIDED BY LAW; OR (B) THE CONTRACT OR TRANSACTION IS FAIR AND REASONABLE AS TO THE MUSEUM AT THE TIME IT IS AUTHORIZED BY THE BOARD OR A COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE CEO (EXECUTIVE DIRECTOR) INCLUDES A REVIEW AND APPROVAL BY THE BOARD AS WELL AS COMPARABILITY DATA FROM SALARY AND BENEFIT SURVEYS DONE BY THE ASSOCIATION OF CHILDREN'S MUSEUMS AND THE FLORIDA ASSOCIATION OF MUSEUMS. THIS PROCESS IS COMPLETED ANNUALLY AND DOCUMENTED IN THE BOARD MINUTES. THE PROCESS FOR DETERMINING COMPENSATION OF THE CEO'S DIRECT REPORTS, INCLUDING THE DIRECTOR OF FINANCE, INCLUDES AN ANNUAL EVALUATION AND CONSIDERATION OF RESPONSIBILITY LEVEL, MUSEUM INDUSTRY SALARY RANGES OF COMPARABLE POSITIONS, COST OF LIVING INDEX, AND FEDERAL/STATE LABOR LAWS. PROPOSED SALARY CHANGES ARE PRESENTED WITHIN THE ANNUAL BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DISCOUNT ON PLEDGES -13,211. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 1,516.