2024-05-13T08:25:59-05:00 2023-06-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2022-07-01 561959695 GREENSBORO CHILDREN'S MUSEUM INC GREE 3365742898 220 NORTH CHURCH STREET GREENSBORO NC 27401 JOE RIEKE CEO 3365742898 2024-05-10 1 JOE RIEKE 999009999 1 OLGA OGANESOV P01279668 3362944494 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOE RIEKE 220 NORTH CHURCH STREET GREENSBORO NC 27401 1780355 0 X WWW.GCMUSEUM.COM X 1995 NC TO ESTABLISH AND CONDUCT EDUCATIONAL PROGRAMS FOR CHILDREN. 23 23 48 44 0 0 2447334 585853 799561 877060 9345 -41993 135199 147486 3391439 1568406 0 0 0 0 662552 915053 0 0 116213 815267 919196 1477819 1834249 1913620 -265843 9719855 10028182 306482 795345 9413373 9232837 THE GREENSBORO CHILDREN'S MUSEUM ENGAGES ALL CHILDREN AND FAMILIES IN HANDS-ON, FUN, LEARNING EXPERIENCES WHICH CONTRIBUTE TO THEIR GROWTH AND DEVELOPMENT THROUGH PLAY, CREATION, OUTDOOR EXPLORATION, AND STEM ACTIVITIES. 0 0 1345637 914265 EXHIBITS DESIGNED SPECIFICALLY FOR CHILDREN TO ENCOURAGE DISCOVERY, SELF-EXPRESSION, AND A LIFELONG LOVE OF LEARNING THROUGH AN INTERACTIVE, HANDS-ON APPROACH TO UNDERSTANDING OUR WORLD. 1345637 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 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 9 0 1 48 1 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MICHAEL ROBINSON 3365742898 220 NORTH CHURCH STREET GREENSBORO NC 27401 ROBERT JOHNSON CHAIR 3.00 X X 0 0 0 CHRIS HEFFNER CHAIR ELECT 3.00 X X 0 0 0 EMILY TAYLOR TREASURER 3.00 X X 0 0 0 LAURA COLLIE SECRETARY 3.00 X X 0 0 0 ROSEMARY KENERLY IMMEDIATE PAST CHAIR 3.00 X 0 0 0 BRYAN CLEMMONS DIRECTOR 3.00 X 0 0 0 KATE ETTEFAUGH DIRECTOR 3.00 X 0 0 0 DANNY GATLING DIRECTOR 3.00 X 0 0 0 VICTORIA HAMMETT DIRECTOR 3.00 X 0 0 0 MOLLY HARBAUGH DIRECTOR 3.00 X 0 0 0 MARIA HICKS-FEW DIRECTOR 3.00 X 0 0 0 JODI KNOX DIRECTOR 3.00 X 0 0 0 SIMONE LANGLEY DIRECTOR 3.00 X 0 0 0 BRIAN LOPATKA DIRECTOR 3.00 X 0 0 0 MICHAEL MAHONEY DIRECTOR 3.00 X 0 0 0 ALEX MAULTSBY DIRECTOR 3.00 X 0 0 0 CAROLYN MCGOVERN DIRECTOR 3.00 X 0 0 0 MARY KATHERINE MCINNIS DIRECTOR 3.00 X 0 0 0 SKIP PURCELL DIRECTOR 3.00 X 0 0 0 VIRGINIA SPILLMAN DIRECTOR 3.00 X 0 0 0 ADAM TRACEY DIRECTOR 3.00 X 0 0 0 SKOTTY WANNAMAKER DIRECTOR 3.00 X 0 0 0 KELLEE WATKINS DIRECTOR 3.00 X 0 0 0 MARIAN KING OUTGOING CEO, PRESIDENT 40.00 X 76806 0 3617 76806 0 3617 0 0 0 0 SHAVER ROOFING SERVICES LLC 328 AMHURST AVENUE HIGH POINT NC 27260 ROOFING INSTALLATION & SERVICES 238727 AMERICAN INDUSTRIAL CONTRACTORS INC 2616 PHOENIX DRIVE GREENSBORO NC 27406 HVAC INSTALLATION & SERVICES 195768 2 61646 524207 32090 585853 ADMISSIONS 713990 632180 632180 MEMBERSHIP DUES 713990 190594 190594 BIRTHDAY PARTY REVENUE 713990 64324 64324 OTHER PROGRAM SERVICE 713990 -10038 -10038 877060 16691 16691 18318 0 18318 18318 18318 112175 116835 54024 -4660 -54024 -58684 -58684 125982 15701 110281 110281 44276 25389 18887 18887 1568406 914265 0 68288 97564 58538 39026 710814 438218 223743 48853 46613 25269 16277 5067 60062 32433 21022 6607 12000 12000 13578 13578 40799 40799 23804 13298 8303 2203 37172 20073 13010 4089 52876 50503 1457 916 9684 7269 2415 16992 12744 4248 390287 378578 6245 5464 40187 37735 1907 545 PROGRAM & EXHIBIT EXPEN 127192 127192 REPAIRS & MAINTENANCE 118517 117109 751 657 MERCHANT CARD FEES 26724 24052 2672 TAXES & LICENSES 4745 2675 1956 114 4639 4112 527 1834249 1345637 372399 116213 487445 485500 600342 766330 1773208 844020 29263 37377 4795 3056 18560 7560 12353452 5437290 6146762 6916162 2408 4460 657072 963717 9719855 10028182 162192 131931 144290 130830 0 532584 306482 795345 X 6966258 7872569 2447115 1360268 9413373 9232837 9719855 10028182 -265843 85948 -641 0 X 1 X 0 1 0 X 391500 508212 684065 2447334 585853 4616964 391500 508212 684065 2447334 585853 4616964 1308440 3308524 33637 38630 25155 34533 16691 148646 4765610 3597340 0.69420 0.69700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 646498 195466 102323 11973 932314 790553 -133481 10574 646498 897487 167740 264666 10008 790553 903105 19582 14799 10401 897487 885672 40617 14426 8758 903105 1 0 1805500 1805500 5249320 2419553 2829767 352079 310522 41557 110962 81665 29297 4835591 2625550 2210041 6916162 CYNTHIA DOYLE ENDOWMENT FUND 53098 EARLY EDUCATION ENDOWMENT FUND 213142 BUILDING MAINTENANCE ENDOWMENT FUND 38700 ENDOWMENT FUND EARNINGS - MATCH 3295 PHILLIPS FOUNDATION ENDOWMENT 624079 DEPOSIT ON FIXED ASSETS 31403 963717 NOTES PAYABLE 532584 532584 X 1717333 85948 -11973 73975 1643358 -74952 -74952 1568406 1897228 74952 74952 1822276 11973 11973 1834249 PART V, LINE 4: THE MUSEUM HAS THREE ENDOWMENT FUNDS WHICH ARE MANAGED BY THE COMMUNITY FOUNDATION OF GREATER GREENSBORO ("CFGG"). THE MUSEUM ESTABLISHED THE EARLY EDUCATION ENDOWMENT WITH UNRESTRICTED MONIES AND ALSO ESTABLISHED THE CYNTHIA E. DOYLE ENDOWMENT AND THE EXHIBIT AND BUILDING MAINTENANCE ENDOWMENT, BOTH WITH PERMANENTLY RESTRICTED MONIES TO ENSURE THAT RESOURCES WOULD BE AVAILABLE TO PROVIDE FOR THE PURPOSES OF THE MUSEUM IN PERPETUITY. UNDER THE TERMS OF AN AGREEMENT WITH CFGG, THEY MANAGE THE FUNDS TO PROTECT THE VALUE OF THE PRINCIPAL. ON AN ANNUAL BASIS, CFGG MAKES A DISTRIBUTION EQUAL TO THE TARGET PAYOUT PERCENTAGE FOR THAT YEAR TIMES THE AVERAGE FAIR MARKET VALUE OF THE FUND ON THE FOLLOWING FIVE DAYS: THE FIRST BUSINESS DAY OF THE YEAR AND THE LAST BUSINESS DAY OF EACH QUARTER. OVER THE LONG-TERM, THE MUSEUM EXPECTS THE CURRENT SPENDING POLICY TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENT FUNDS OVER TIME AND TO PROVIDE A REASONABLY STABLE AND PREDICTIVE REVENUE STREAM FOR USE IN CONNECTION WITH THE CHARITABLE PURPOSES OF THE MUSEUM. PART X, LINE 2: IT IS THE MUSEUM'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMIN FEES ON ENDOWMENT -11,973. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIP AWARDS -33,862. FUNDRAISING EVENT DIRECT EXPENSES -15,701. SALE OF INVENTORY COST OF GOODS SOLD -25,389. PART XII, LINE 2D - OTHER ADJUSTMENTS: SCHOLARSHIP AWARDS 33,862. FUNDRAISING EVENT DIRECT EXPENSES 15,701. SALE OF INVENTORY COST OF GOODS SOLD 25,389. PART XII, LINE 4B - OTHER ADJUSTMENTS: ADMIN FEES ON ENDOWMENT 11,973. GALA 125982 125982 557 3600 11544 125982 125982 557 3600 11544 15701 110281 X CONSTRUCTION MATERIALS FOR EXHIBIT 1 32090 FMV 0 0 0 PART I, COLUMN (B): STOCK CONTRIBUTED FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CFO AND FINANCE COMMITTEE, ALONG WITH THE EXECUTIVE COMMITTEE, REVIEW AND APPROVE THE DRAFT OF THE 990 PRIOR TO FILING. A COMPLETE DRAFT OF THE 990 IS ALSO PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT IN RELATION TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S BOARD OF TRUSTEES DETERMINED THE EXECUTIVE DIRECTOR'S SALARY AT THE TIME OF HIRE BY RESEARCHING SALARIES PAID TO OTHER EXECUTIVE DIRECTORS IN THE AREA AND SALARIES PAID BY OTHER MUSEUMS TO ENSURE REASONABLE COMPENSATION. EACH YEAR, THE BOARD OF TRUSTEES REVIEWS THE SALARY IN ORDER TO DETERMINE THE NECESSARY ADJUSTMENT, IF ANY. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.