2024-12-17T10:02:02-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2023-07-01 363706878 KOHL CHILDREN'S MUSEUM OF GREATER CHICAGO INC KOHL 8478326885 2100 PATRIOT BLVD GLENVIEW IL 60026 MIKE DELFINI PRESIDENT & CEO 8478326885 2024-12-12 1 0 THURE ROSS CPA P00577278 6305738600 2024-12-12 2023 2024-10-15 13:58:12Z MIKE DELFINI 2100 PATRIOT BLVD GLENVIEW IL 60026 5959563 0 X WWW.KOHLCHILDRENSMUSEUM.ORG X 1990 IL PROVIDE EXPERIENCES AND MEMORIES TO BUILD A FOUNDATION FOR A LIFETIME OF LEARNING. 33 32 122 269 0 0 1456086 2578212 2588086 2710673 14688 93119 -116689 -275081 3942171 5106923 0 0 0 0 3094419 3524328 0 0 481798 1795708 1865042 4890127 5389370 -947956 -282447 18793440 18641100 1566730 1495991 17226710 17145109 X WE ARE A PLACE THAT PROVIDES EXPERIENCES AND MEMORIES TO BUILD A FOUNDATION FOR A LIFETIME OF LEARNING. 0 0 4004400 2602054 SITUATED ON NEARLY NINE ACRES OF LAND, INCLUDING TWO ACRES OF BOUNDED OUTDOOR SPACE, THE MUSEUM FEATURES 17 INTERACTIVE EXHIBITS DESIGNED WITH EXPERT KNOWLEDGE OF HOW CHILDREN LEARN THROUGH SELF-DIRECTED PLAY. WITHIN THIS SETTING, THE MUSEUM ORGANIZES ENRICHMENT ACTIVITIES ANDPROGRAMS SPECIFICALLY DESIGNED TO ADDRESS THE DEVELOPMENTAL NEEDS OF CHILDREN AGES BIRTH TO EIGHT.SINCE ITS INCEPTION, THE MUSEUM HAS EMERGED AS A LEADER IN THE CREATION OF ENGAGING EXHIBITS AND INNOVATIVE PROGRAMS THAT NURTURE A LOVE OF LEARNING IN YOUNG CHILDREN. FOR MORE THAN A QUARTER OF A CENTURY, IT HAS ELEVATED THE IMPORTANCE OF PLAY AS A CRITICAL LEARNING TOOL, AIDED PARENTS IN THEIR IMPORTANT ROLE AS A CHILD'S FIRST - AND MOST IMPORTANT - TEACHER, AND PROVIDED TOOLS TO TEACHERS THAT AUGMENT THE FORMAL LEARNING ENVIRONMENT.BECAUSE THERE ARE CHILDREN, FAMILIES, AND TEACHERS WHOSE ECONOMIC OR PERSONAL CIRCUMSTANCES PREVENT THEM FROM VISITING, THE MUSEUM REMOVES AS MANY BARRIERS AS POSSIBLE TO ENSURE THAT ALL CHILDREN CAN LEARN FROM A FULL MUSEUM EXPERIENCE. FROM PROGRAMS SUCH AS EARLY CHILDHOODCONNECTIONS, WHICH BRINGS PROVEN TEACHING STRATEGIES TO CLASSROOMS SERVING CHILDREN IN NEED, TO PLAY FOR ALL, WHICH OFFERS PRIVATE TIME IN THE MUSEUM FOR CHILDREN WITH SPECIAL NEEDS AND THEIR FAMILIES, THE MUSEUM HAS A DECADES-LONG HISTORY OF EXTENDING ITS MISSION TO REACH THOSE WHO NEED IT MOST. AS PART OF OUR COMMITMENT TO ENSURING THAT EVERY CHILD AND FAMILY HAS ACCESS TO A HIGH-QUALITY CHILDREN'S MUSEUM EXPERIENCE, WE ARE VERY EXCITED TO BETTER SERVE CHILDREN AND FAMILIES IN UNDER-RESOURCED AREAS BY BRINGING OUR EXHIBITS AND EDUCATION TEAM TO THEM DIRECTLY. POP-UPMUSEUM PROGRAMS LIKE OUR PILOT IN WAUKEGAN WILL ALLOW US TO CONNECT WITH MORE FAMILIES AND INSPIRE FUTURE GENERATIONS WITHIN OUR COMMUNITY. 4004400 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 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 0 0 0 0 1 26 0 1 122 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 33 32 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X JAMES D GUERRA 8478326885 2100 PATRIOT BLVD GLENVIEW IL 60026 YULIA GURMAN TRUSTEE 0.50 X 0 0 0 CAROLYN SONG-PEGG TRUSTEE 0.50 X 0 0 0 ERINN SIEGEL TRUSTEE 0.50 X 0 0 0 ERIN MURRAY BUTLER TRUSTEE 0.50 X 0 0 0 ELLEN KAPOOR TRUSTEE 0.50 X 0 0 0 DAWN MEINERS TRUSTEE 0.10 X 0 0 0 CLAUDIA TEMPLE TRUSTEE 0.50 X 0 0 0 CHRIS JACKSON TRUSTEE 0.50 X 0 0 0 CARL RUTSTEIN TRUSTEE 1.00 X 0 0 0 TIM HANNAHS CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 BRYAN MALIS TREASURER 1.00 X X 0 0 0 BRIAN SCHUSTER TRUSTEE 1.00 X 0 0 0 BRANDON ROLEK TRUSTEE 0.50 X 0 0 0 ANTHONY LICATA TRUSTEE 1.00 X 0 0 0 ANDY ROBERTS TRUSTEE 0.50 X 0 0 0 AMY ALBANO TRUSTEE 0.50 X 0 0 0 JOHN F BALL JR TRUSTEE 0.50 X 0 0 0 JR DEPA TRUSTEE 0.50 X 0 0 0 KATIE IREY TRUSTEE 0.50 X 0 0 0 LORI CARLSON TRUSTEE 0.50 X 0 0 0 STEVE KAVETSIS TRUSTEE 0.50 X 0 0 0 SHAUN KHALFAN TRUSTEE 0.50 X 0 0 0 RYAN BELL TRUSTEE 0.50 X 0 0 0 RITU SINGAL TRUSTEE 0.50 X 0 0 0 RACHEL WINER TRUSTEE 1.00 X 0 0 0 PAUL SUTENBACH TRUSTEE 0.50 X 0 0 0 NAZIA RAOOF TRUSTEE 0.50 X 0 0 0 NANCY FIRFER SECRETARY 1.00 X X 0 0 0 MICHAEL DELFINI PRESIDENT & CEO 50.00 X X 231590 0 28545 MATT GIBBONS TRUSTEE 0.50 X 0 0 0 MAGGIE HOLTGREIVE SEARLE TRUSTEE 0.50 X 0 0 0 LOU BANK TRUSTEE 0.50 X 0 0 0 ABHI AGRAWAL TRUSTEE 0.50 X 0 0 0 KIMBERLY BORS IMMEDIATE PAST CHAIR 1.50 X 0 0 0 ADAM FALKOF DIRECTOR 0.50 X 0 0 0 JIM GUERRA VICE PRESIDENT OF FINANCE 30.00 X 124327 0 0 MICHAEL KORMANIK VP OF MARKETING 40.00 X 140737 0 24611 JENNIFER BARYL VP OF DEVELOPMENT 40.00 X 153395 0 16886 STEPHANIE BYNUM VICE PRESIDENT OF PROGRAMS 40.00 X 102308 0 32049 752357 0 102091 5 0 1 0 LUCI CREATIVE LLC 6950 N CENTRAL PARK AVE LINCOLNWOOD IL 60712 MUSEUM DESIGN SERVICES 223613 BOOTH HANSEN LTD 333 S DESPLAINES ST CHICAGO IL 60661 MASTER PLAN PROJECT 148021 2 473764 945601 1158847 44727 2578212 MEMBERSHIP DUES 900099 1163721 1163721 ADMISSIONS 900099 1130700 1130700 FIELD TRIPS AND EDUCAT 900099 287225 287225 PROGRAM SERVICE RENTAL 900099 89027 89027 EXHIBIT RENTAL INCOME 900099 40000 40000 2710673 45106 45106 704216 656203 48013 48013 48013 29975 473764 196437 -166462 -166462 OTHER 900099 46381 46381 LOSS ON DISPOSAL OF FI 900099 -155000 -155000 -108619 5106923 2602054 0 -73343 405323 405323 2567889 1977830 307257 282802 68370 54138 6491 7741 270909 195513 47440 27956 211837 142450 49019 20368 34087 34087 3126 3126 193210 86986 14894 91330 71545 44344 2952 24249 165163 151315 5954 7894 9814 7639 2175 435496 431030 4466 14596 12382 859 1355 98169 83275 5783 9111 75243 73617 1569 57 475369 465861 9508 REPAIRS AND MAINTENANCE 258544 257364 1180 SUBSCRIPTIONS 26364 16340 1089 8935 4316 4316 5389370 4004400 903172 481798 1164277 324871 3812987 4021882 891104 1467222 41474 92008 21796241 13324689 8901659 8471552 1580501 1984058 2401438 2279507 18793440 18641100 419229 364507 640298 646157 26079 17627 481124 467700 1566730 1495991 X 9146162 8974171 8080548 8170938 17226710 17145109 18793440 18641100 -282447 200846 0 X X 0 1 X 1 0 X 1149569 1891748 2965680 1456086 2578212 10041295 1149569 1891748 2965680 1456086 2578212 10041295 338556 9702739 70070 28016 19834 37697 45106 200723 18818 192 46381 65391 10307409 0.94130 0.80230 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER - 2019 AMOUNT: $ 18,818. 2020 AMOUNT: $ 192. 2023 AMOUNT: $ 46,381. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2230335 265733 2496068 2099480 130855 2230335 762305 1500000 -162825 2099480 572609 -3412 193108 762305 479843 103433 -10667 572609 0.82480 0.17520 0 0 14893858 6712660 8181198 5838759 5591575 247184 1063624 1020454 43170 8471552 IN-KIND RENT RECEIVABLE 1991824 RIGHT-OF-USE ASSET 287683 2279507 LEASE LIABILITY 467700 467700 X 5304643 200846 200846 5103797 3126 3126 5106923 5386244 0 5386244 3126 3126 5389370 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT IS HELD TO GENERATE FUTURE EARNINGS TO BE USED BY THE ORGANIZATION FOR GENERAL OPERATING PURPOSES. PART X, LINE 2: THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE MUSEUM IS SUBJECT TO FEDERAL INCOME TAX ON UNRELATED BUSINESS TAXABLE INCOME. THE MUSEUM IS NOT CONSIDERED TO BE A PRIVATE FOUNDATION. GALA 136662 124287 12375 48022 12763 TOUCH-A-TRUCK 207049 207049 11756 5245 16599 1 160028 142428 17600 48171 53881 503739 473764 29975 11756 101438 83243 196437 -166462 X X X X 0 0 0 0 0 0 0 0 0 MICHAEL DELFINI PRESIDENT & CEO 231590 0 0 0 0 0 9400 0 19145 0 260135 0 0 0 JENNIFER BARYL VP OF DEVELOPMENT 153395 0 0 0 0 0 6400 0 10486 0 170281 0 0 0 MICHAEL KORMANIK VP OF MARKETING 140737 0 0 0 0 0 0 0 24611 0 165348 0 0 0 X 1 1003 FAIR VALUE X DONATION OF SILENT AUCTION ITEMS 5 43724 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990 AND PROVIDES A COPY OF THE FORM 990 TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO ORGANIZATION MANAGEMENT OR THE CONTACT AT THE INDEPENDENT CPA FIRM PRIOR TO FILING. A MEETING IS SCHEDULED FOR THE CPA FIRM AND ORGANIZATION MANAGEMENT TO DISCUSS THE FORM 990 WITH THE GOVERNING BODY OR THEIR DESIGNATED COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. POTENTIAL CONFLICTS ARE LOGGED WITH AND MONITORED BY THE SECRETARY OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A ANNUALLY, THE PRESIDENT & CEO'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE, UTILIZING COMPARABILITY DATA. THE PROCESS AND THE FINAL SALARY DETERMINATION ARE DOCUMENTED IN WRITING. ALL OTHER MUSEUM EMPLOYEES' COMPENSATION LEVELS ARE HANDLED IN A SIMILAR MANNER (I.E. COMPARABLE DATA, REVIEWS, ETC.). THE PRESIDENT & CEO IS AUTHORIZED BY THE BOARD TO SET COMPENSATION FOR MUSEUM EMPLOYEES WITHIN THE IDENTIFIED APPROPRIATE RANGES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE AUDITED FINANCIALS, ANNUAL REPORT, CONFLICT OF INTEREST POLICY, AS WELL AS OTHER POLICIES ARE AVAILABLE ON THE MUSEUM'S WEBSITE. FORM 990, PART XII, LINE 2C THE BOARD OF TRUSTEES ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.