2025-07-31T13:48:29-07:00 2024-12-31 912085467 PADGETT & PADGETT PLLC 1302 Cleveland Ave Mount Vernon WA 98273 990 2024-01-01 943153591 IMAGINE CHILDREN'S MUSEUM IMAG 4252581006 1502 WALL STREET EVERETT WA 98201 DR CLAY WERTHEIMER PRESIDENT 4252581006 2025-07-15 true true Steve Padgett CPA P00151785 3604241040 2025-07-31 X 2024 2025-03-06 01:10:19Z DR CLAY WERTHEIMER 1502 WALL STREET EVERETT WA 98201 5747442 false X WWW.IMAGINECM.ORG X 1991 WA UTILIZE PLAYFUL LEARNING TO ENRICH CHILDRENS LIVES. 14 14 98 168 0 0 1149749 1536565 3379935 3234436 442395 490863 297646 249476 5269725 5511340 0 0 2531908 3394671 0 224834 2118857 2490890 4650765 5885561 618960 -374221 37611618 37813459 1436060 1895033 36175558 35918426 UTILIZE PLAYFUL LEARNING TO ENRICH CHILDRENS LIVES. false false 5102508 0 3329259 1. MUSEUM EXPERIENCES AND PUBLIC PROGRAMS IMAGINES 68,000 SQUARE FOOT, THREE-STORY FACILITY PROVIDES A COMMUNITY GATHERING PLACE WHERE FAMILIES SPEND HIGH QUALITY TIME TOGETHER YEAR-ROUND IN A PHYSICALLY AND EMOTIONALLY SAFE ENVIRONMENT. IMMERSIVE HANDS-ON EXHIBITS, PERFORMANCES, AND ART AND SCIENCE ACTIVITIES SUPPORT ALL CHILDREN REGARDLESS OF RACE, ETHNICITY, ABILITY, OR FAMILY INCOME. IN 2024 THE MUSEUM WELCOMED 290,917 VISITORS. INCLUDED IN MUSEUM ADMISSION ARE VALUE-ADDED PROGRAMS THAT INCLUDE EXHIBIT-BASED PROGRAMS FOCUSED ON STEM TOPICS, CREATIVITY AND THE ARTS, AND PERFORMANCES BY LOCAL ARTISTS AND CULTURAL GROUPS. 2. COMMUNITY ACCESS PROGRAMS NEARLY 30% OF IMAGINES OVERALL VISITATION ARE FAMILIES WHO VISIT FREE OR AT A REDUCED COST. COMMUNITY ACCESS PROGRAMS INCLUDE PARTICIPATION IN THE MUSEUMS FOR ALL PROGRAM WHICH PROVIDES LOW-COST ACCESS TO THOSE FAMILIES WHO USE ELECTRONIC BENEFITS TRANSFER (EBT), APPLE HEALTH, CHIP, FOSTER PARENT CARDS, PROVIDER ONE, SNAP OR WIC. FAMILIES CAN RECEIVE ADMISSION AT $5 PER PERSON FOR UP TO FOUR (4) FAMILY MEMBERS IN THE SAME HOUSEHOLD. ACTIVE MILITARY ALSO RECEIVE DISCOUNTED ADMISSION TO THE MUSEUM. 3. EDUCATION AND OUTREACH PROGRAMS IMAGINE ALSO OFFERS PROGRAMS, CLASSES, AND OUTREACH SERVICES TO CHILDREN, FAMILIES, SCHOOLS, AND YOUTH ORGANIZATIONS. PROGRAMS ARE HELD AT THE MUSEUM, SCHOOLS, AND IN LOCAL COMMUNITY SETTINGS. THE MUSEUM ON THE GO PROGRAM PROVIDES HANDS-ON LEARNING EXPERIENCES LED BY EXPERIENCED MUSEUM EDUCATORS FOR PRESCHOOL AND ELEMENTARY LEVEL STUDENTS IN AREAS OF STEM AND THE ARTS. THE MUSEUM ALSO OFFERS FAMILY ENRICHMENT PROGRAMS FOR SCHOOL EVENTS AND HOSTS SCHOOLS AT THE MUSEUM THROUGH FIELD TRIPS AND FAMILY EVENTS. 5102508 true true false false false false false false false true true true false true true false true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 20 0 98 true false false false false false true true false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true false false WA X X X IMAGINE CHILDREN'S MUSEUM 4252581006 1502 WALL STREET EVERETT WA 98201 CLAY WERTHEIMER PRESIDENT 2.00 X X 0 0 0 STEPHEN MCCOY 1ST VICE PRESIDENT 1.00 X X 0 0 0 SARAH BUHL 2ND VICE PRESIDENT 1.00 X X 0 0 0 PAUL WELLS-EDWARDS TREASURER 1.00 X X 0 0 0 DIANA ORTEGA OFFICER THRU MAY 2024,THEN DIRECTOR 1.00 X 0 0 0 KRISTIN CORTES DIRECTOR 1.00 X 0 0 0 ADAM CLARK DIRECTOR 1.00 X 0 0 0 RACHELE HORNER DIRECTOR 1.00 X 0 0 0 DAN KOSNIK DIRECTOR 1.00 X 0 0 0 CATHERINE SOPER DIRECTOR 1.00 X 0 0 0 PAKANYA MCKINLEY DIRECTOR 1.00 X 0 0 0 BRETT SONTRA DIRECTOR 1.00 X 0 0 0 DAVID RATLIFF DIRECTOR 1.00 X 0 0 0 ANDY WRIGHT DIRECTOR 1.00 X 0 0 0 DR KAILA COGDILL DIRECTOR THROUGH MAY 2024 1.00 X 0 0 0 DR KRISTEN MISSALL DIRECTOR THROUGH FEBRUARY 2024 1.00 X 0 0 0 PETE SONTRA DIRECTOR THROUGH MARCH 2024 1.00 X 0 0 0 SHANNON O'KELLEY DIRECTOR THROUGH JULY 2024 1.00 X 0 0 0 JESSICA GIDEON DIRECTOR THROUGH MAY 2024 1.00 X 0 0 0 NANCY JOHNSON CEO THROUGH MAY 2024 60.00 X 334252 0 0 TIA WINCH CHIEF FINANCIAL OFFICER 50.00 X 138418 0 0 GRETCHEN WILSON-PRANGLEY CHIEF IMPACT OFFICER 50.00 X 126643 0 0 ELIZABETH WOOD CHIEF EXECUTIVE OFFICER 60.00 X 121009 0 0 QUINN SCHELL CHIEF EXPERIENCE OFFICER 50.00 X 116067 0 0 836389 0 0 5 false true false GAFFNEY CONSTRUCTION 8105 BROADWAY EVERETT WA 98203 OFFICE REMODELS,STORAGE CONSTRUCTION 387919 COBRA CONSTRUCTION PO BOX 57 NORTH LAKEWOOD WA 98259 ANNEX DOORWAYS BUILD OUT, OFFICE REMODELS 241377 2 250668 92027 1193870 52606 1536565 ADMISSIONS AND PROGRAM 713990 1837222 0 0 MEMBERSHIPS 713990 1397214 0 0 3234436 490863 0 490863 34135 250668 17717 16418 0 16418 388099 218385 169714 94823 74891 PARKING REVENUE 812930 63344 0 0 63344 63344 5511340 3329259 0 645516 593679 314682 160972 118025 2360545 2293603 55277 11665 166813 147279 12211 7323 273634 241591 20030 12013 13500 11919 988 593 39200 0 39200 0 221056 194620 18069 8367 49850 43869 3490 2491 63755 56140 5180 2435 188383 165882 15306 7195 61995 54590 5037 2368 2079 1831 169 79 1177897 1037204 95704 44989 99057 87225 8048 3784 REPAIR AND MAINTENANCE 59584 52467 4841 2276 PROGRAM RELATED EXPENSES 177393 177393 0 0 CAPITAL EXPANSION CONSTRUCTION AND A&E 16148 16148 0 0 BANK AND CREDIT CARD FEES 123972 123972 0 0 197021 82093 113697 1231 5885561 5102508 558219 224834 742182 1760205 3063912 37594 1607168 1276218 21986 17383 60933 29687 73721 102016 31752677 7232211 24023188 24520466 8023133 7295621 1985453 722907 61304 37611618 37813459 212902 338579 1208158 1541454 15000 15000 1436060 1895033 X 30221324 29911685 5954234 6006741 36175558 35918426 37611618 37813459 X -374221 433864 -316775 X false true X true false X 0 8395589 3343358 4651806 1149749 1536565 19077067 0 0 8395589 3343358 4651806 1149749 1536565 19077067 6301652 12775415 90685 201780 92334 442396 490863 1318058 0 0 16168 47993 56382 63344 183887 20579012 0.62080 0.67490 X 0 0 0 Pt II Ln 10 Other Income Part II, Line 10 Description: OTHER INCOME 2020: 0. 2021: 16168. 2022: 47993. 2023: 56382. 2024: 63344. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7295622 98600 727912 100000 8022134 6356188 490000 449434 7295622 6512815 -156627 6356188 6288844 25203 198768 6512815 6293881 -5037 6288844 0.75790 0.06230 0.17980 false false 0 4156048 4156048 21242343 3690479 17551864 657194 430175 227019 5697092 3111557 2585535 24520466 CERTIFICATE OF DEPOSIT 1985453 F 1985453 CONSTRUCTION IN PROGRESS 61304 61304 SERVICE AWARD PAYABLE 15000 15000 5945204 433864 433864 5511340 5511340 5885561 5885561 5885561 Pt V, Line 4 THE MUSEUM MAINTAINS BOTH A DONOR-RESTRICTED ENDOWMENT AND BOARD-DESIGNATED QUASI-ENDOWMENT FUNDS. THE DONOR-RESTRICTED ENDOWMENT INCLUDES $500,000 IN PRINCIPAL HELD IN PERPETUITY, AS WELL AS ACCUMULATED, UNAPPROPRIATED EARNINGS. THESE FUNDS ARE GOVERNED BY UPMIFA AND REQUIRE TWO-THIRDS BOARD APPROVAL FOR INVASION OF PRINCIPAL, WHICH MUST BE JUSTIFIED TO PRESERVE OPERATIONS. IN ADDITION TO THE DONOR-RESTRICTED ENDOWMENT, THE MUSEUM HAS ESTABLISHED BOARD-DESIGNATED NET ASSETS TOTALING $6,080,841 AS OF DECEMBER 31, 2024. THESE QUASI-ENDOWMENT RESERVES ARE DESIGNATED BY THE BOARD TO ENSURE THE LONG-TERM FINANCIAL STABILITY OF THE MUSEUM. THE LARGEST COMPONENT IS AN OPERATING RESERVE INTENDED TO SUSTAIN OPERATIONS IN THE EVENT OF UNEXPECTED DISRUPTIONS SUCH AS ECONOMIC DOWNTURNS, NATURAL DISASTERS, OR FAILURE OF MAJOR FUNDRAISING EVENTS. WHILE NOT DONOR-RESTRICTED, USE OF THESE BOARD-DESIGNATED FUNDS IS SUBJECT TO INTERNAL GOVERNANCE POLICIES REQUIRING FORMAL BOARD ACTION. Pt XI, Line 2d FORGIVENSS WAS RECEIVED FOR A PAYCHECK PROTECTION PROGRAM LOAN. AN EMPLOYEE RETENTION TAX CREDIT WAS ALSO RECEIVED. Pt XII, Line 2d EMPLOYEE RETENTION TAX CREDIT. CHAMPIONS BREAKFAST 284728 250593 34135 308 2418 5866 9125 284728 250593 34135 308 2418 5866 9125 17717 16418 X X X false false false false false false false false false NANCY JOHNSON 89542 0 0 0 244710 0 2471 0 0 0 336723 0 0 0 Other 2024 INCLUDED SEVERAL UNIQUE, ONE-TIME COSTS RELATED TO THE CEO TRANSITION. THESE INCLUDED A PERIOD OF OVERLAP IN WHICH BOTH INCOMING AND OUTGOING CEOS RECEIVED SALARIES, A FINAL PAYOUT TO THE OUTGOING CEO FOR DEFERRED SALARY ACCRUED OVER SIX YEARS, DEFERRED BENEFITS, AND ASSOCIATED EMPLOYER PAYROLL TAXES. ALL AMOUNTS WERE PREVIOUSLY PLANNED AND ACCRUED IN ACCORDANCE WITH THE MUSEUMS COMPENSATION POLICIES. THOMAS & ASSOC INSURANCE BROKER DIRECTOR WORKS FOR THE COMPANY 109824 THE MUSEUM false SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: THOMAS & ASSOC INSURANCE BROKER (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: SECRETARY WORKS FOR THE COMPANY (D) DESCRIPTION OF TRANSACTION: THE MUSEUM UTILIZED THOMAS & ASSOC INSURANCE BROKER AS THE BROKER. THEY WERE OUR BROKER FOR MORE THAN 7 YEARS BEFORE STEVE MCCOY JOINED THE BOARD. THE MUSEUM FOLLOWED ITS CONFLICT OF INTEREST POLICY IN THE DECISION MAKING PROCESS. Pt VI, Line 11b A COPY OF THE 990 WAS DISTRIBUTED TO THE BOARD MEMBERS ELECTRONICALLY AND IS ALSO AVAILABLE AT THE SPECIAL BOARD MEETING FOR THEIR REVIEW PRIOR TO FILING. Pt VI, Line 12c BOARD MEMBERS ARE REQUIRED TO SIGN THE ORGANIZATIONS CONFLICT OF INTEREST POLICY. THE POLICY IS REGULARLY REVIEWED, AND IS ENFORCED BY THE BOARD MEMBERS DECLARING ANY CONFLICTS AND EITHER ABSTAINING OR REFRAINING FROM DISCUSSIONS OR VOTING WHERE NECESSARY. Pt VI, Line 15a THE CHIEF EXECUTIVE OFFICERS COMPENSATION PACKAGE IS DETERMINED BY AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, AND COMPARABILITY DATA IS REVIEWED. CONTEMPORANEOUS SUBSTANTIATION IS RECORDED. Pt VI, Line 19 ALL POLICIES AND FINANCIAL INFORMATION/DOCUMENTATION ARE KEPT ON SITE AND MADE AVAILABLE FOR REVIEW UPON WRITTEN REQUEST. Pt XI PRIOR PERIOD ADJUSTMENT OF $316,776 RELATES TO AN ERROR IN 2023 DEPRECIATION CALCULATION. THE ERROR RESULTED IN UNDERSTATED EXPENSES AND OVERSTATED NET ASSETS.