CHILDREN'S MUSEUM OF OAK PARK

EIN: 363805314 501(c)(3) Arts, Culture & Humanities

OAK PARK, IL

Total Revenue
$911,146
Total Expenses
$798,623
Total Assets
$1,215,381
Net Assets
$872,313
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IL
Principal Officer
SARA YOUNT
Phone
7083834815
Tax Period
2024-01-01 to 2024-12-31

CHILDREN'S MUSEUM OF OAK PARK, founded in 1991, is a small nonprofit in the Arts, Culture & Humanities sector that reported $911K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $799K left a modest 12% surplus.

Mission

TO SPARK CURIOSITY AND CREATIVITY IN ALL YOUNG CHILDREN THROUGH POSITIVE, PLAY-BASED LEARNING EXPERIENCES.

Program Service Accomplishments

Program 1
Expenses: $574,578 Revenue: $256,412

WONDER WORKS CHILDREN'S MUSEUM ("WWCM") HAS INSTILLED A LIFELONG LOVE OF LEARNING IN ITS VISITORS FOR OVER THREE DECADES. WE COMBAT INEQUITY THROUGH MULTIPLE ACCESS PROGRAMS, WHICH REMOVE ATTENDANCE...

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WONDER WORKS CHILDREN'S MUSEUM ("WWCM") HAS INSTILLED A LIFELONG LOVE OF LEARNING IN ITS VISITORS FOR OVER THREE DECADES. WE COMBAT INEQUITY THROUGH MULTIPLE ACCESS PROGRAMS, WHICH REMOVE ATTENDANCE BARRIERS FOR FAMILIES WITH LOW INCOME, SENSORY AND ACCESSIBILITY NEEDS, TRANSPORTATION BARRIERS, AND THOSE WHO RECEIVE SUPPORT FROM SOCIAL SERVICE AGENCIES. OUR 6,400 SQUARE FOOT FACILITY CONTAINS NINE INTERACTIVE INDOOR AND OUTDOOR EXHIBITS WHICH INSPIRE PLAY-BASED LEARNING EXPERIENCES IN THE ARTS, MATH, MUSIC, SCIENCE, AND LITERACY THAT ARE ALIGNED WITH ILLINOIS EARLY LEARNING AND DEVELOPMENT STANDARDS. FOCUSING ON AGES 0-8 AND THEIR FAMILIES, OUR GOAL IS TO OFFER NOVEL AND INVIGORATING EXPERIENCES THAT SCHOOLS AND INDIVIDUAL FAMILIES DO NOT HAVE THE LUXURY TO PROVIDE. (SEE SCHEDULE O FOR 2024) IN 2024, WWCM INTRODUCED A NEW EXHIBIT TO PROMOTE BUILDING STEM EXPERIMENTATION: THE LIGHT LAB WHICH INCLUDES A LIGHT TABLE FOR MAGNA TILES, A GIANT LITE BRITE MANIPULATIVE STATION, AND A RAINBOW WALL PROJECTION AREA. MUSEUM FREE DAYS AND OUTREACH EVENTS ALSO ENSURE THAT OUR PROGRAMS ARE ACCESSIBLE TO ALL, ESPECIALLY THOSE WHO HAVE HISTORICALLY BEEN DENIED ACCESS. THE MUSEUM ALSO ENHANCED ITS DAILY OFFERINGS WITH SPECIAL PROGRAMMING IN MUSIC, DANCE, YOGA, SOCIAL EMOTIONAL LEARNING, AND INSECT ENCOUNTERS. THE MUSEUM IS AVAILABLE FOR PRIVATE PARTIES, PARTIES DURING MUSEUM OPEN HOURS, AND FIELD TRIPS. WWCM CONTINUES TO EVOLVE AND PUSH THE BOUNDARIES OF EARLY CHILDHOOD EDUCATION, SUPPORTING OUR SOCIETY'S YOUNGEST MEMBERS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $625,252
Program Service Revenue $249,096
Investment Income $20,834
Other Revenue $15,964
TOTAL REVENUE $911,146

Expense Breakdown

Grants Paid $0
Salaries & Benefits $494,892
Fundraising Expenses $66,375
Program Expenses $574,578
Other Expenses $303,731
TOTAL EXPENSES $798,623

Year-over-Year Comparison

2024 2023 Change
Revenue $911,146 $1,030,897 -0.1%
Expenses $798,623 $725,033 +0.1%
Net Income $112,523 $305,864 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
19
Employees
30
Volunteers
200

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARA YOUNT PRESIDENT 10.00
Officer Director
$0 $0 $0
CARRIE SUMMY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
STELLA YOON TREASURER 1.00
Officer Director
$0 $0 $0
CORINA DAVIS SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZABETH BEVLY BOARD MEMBER 1.00
Director
$0 $0 $0
JERMAL CHANDLER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT STREIT BOARD MEMBER 1.00
Director
$0 $0 $0
KYLE RETTBERG BOARD MEMBER 1.00
Director
$0 $0 $0
MEGAN ELLIS BOARD MEMBER 1.00
Director
$0 $0 $0
LISA KIKER BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MCGARRY BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON PRICE BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE VITALE BOARD MEMBER 1.00
Director
$0 $0 $0
TRACY PATTON BOARD MEMBER 1.00
Director
$0 $0 $0
LAILANI WORKMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DAREON WOODARD BOARD MEMBER 1.00
Director
$0 $0 $0
COLIN DOWDALL FORMER TREASURER 1.00
Officer Director
$0 $0 $0
PRESTON JONES JR BOARD MEMBER 1.00
Director
$0 $0 $0
LUCIA GIUDICE BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $911,146 $798,623 $1,215,381 $112,523
2023 $1,030,897 $725,033 $1,114,539 $305,864
2022 $615,004 $465,760 $774,896 $149,244
2021 $470,825 $263,119 $599,363 $207,706
2020 $255,345 $182,739 $398,767 $72,606
2018 $435,070 $415,438 $349,144 $19,632
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