THE IOWA CHILDREN'S MUSEUM

EIN: 421461422 501(c)(3) Arts, Culture & Humanities

CORALVILLE, IA

Total Revenue
$1,957,392
Total Expenses
$2,141,681
Total Assets
$3,780,783
Net Assets
$3,313,760
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
IA
Principal Officer
JEFF CAPPS
Phone
3196256255
Tax Period
2024-07-01 to 2025-06-30

THE IOWA CHILDREN'S MUSEUM, founded in 1995, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO INSPIRE EVERY CHILD TO IMAGINE, CREATE, DISCOVER, AND EXPLORE THROUGH THE POWER OF PLAY.

Program Service Accomplishments

Program 1
Expenses: $1,630,955 Revenue: $1,206,806

THE IOWA CHILDREN'S MUSEUM (THE ICM) HAS FIVE EDUCATIONAL INITIATIVES THAT INFORMS THE CREATION OF ALL PROGRAMS AND EXHIBITS. THESE INCLUDE STEM (SCIENCE, TECHNOLOGY, ENGINEERING & MATH), FINANCIAL...

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THE IOWA CHILDREN'S MUSEUM (THE ICM) HAS FIVE EDUCATIONAL INITIATIVES THAT INFORMS THE CREATION OF ALL PROGRAMS AND EXHIBITS. THESE INCLUDE STEM (SCIENCE, TECHNOLOGY, ENGINEERING & MATH), FINANCIAL LITERACY, SCHOOL READINESS, HEALTHY KIDS AND ARTS & CULTURE. THE ACTIVE LEARNING EXPERIENCES THAT ARE ASSOCIATED WITH THESE INITIATIVES EMBODY BEST PRACTICES OF INFORMAL EDUCATION AND ADVANCE 21ST CENTURY SKILLS. IN FY25, THE MUSEUM SERVED MORE THAN 190,000 INDIVIDUALS OVER THE COURSE OF THE YEAR. SOME OF THE MUSEUM'S SPECIFIC COMMUNITY-BASED PROGRAMS AND ACCOMPLISHMENTS ARE AS FOLLOWS:25TH ANNIVERSARY AND "POTENTIAL SPACE" EXHIBIT: DURING FY25, THE ICM CELEBRATED ITS 25TH ANNIVERSARY AT CORAL RIDGE MALL. THE COMMEMORATION OF THIS MILESTONE INCLUDED A GATHERING OF FRIENDS AND SUPPORTERS AT A RIBBON CUTTING FOR A TRAVELING EXHIBIT. "POTENTIAL SPACE" IS A PHOTOGRAPHY EXHIBITION CREATED BY CALIFORNIA-BASED ARTIST NANCY RICHARDS FARESE. THE EXHIBIT FEATURES A RANGE OF FRAMED PHOTOGRAPHS, BANNERS, FLOOR DECALS AND VINYL WALL ART DEPICTING CHILDREN PLAYING IN MORE THAN A DOZEN COUNTRIES. THE EXHIBIT WAS ON DISPLAY FOR SEVEN WEEKS -- MADE AVAILABLE TO REGULAR VISITORS ON A DAILY/WEEKLY BASIS AND TO SPECIAL GUESTS DURING HOSTED GALLERY HOURS. SCHOOL READINESS GRANT AND NEW FESTIVAL: THE ICM COMPLETED ITS MULTI-YEAR SCHOOL READINESS GRANT PROJECT THROUGH THE INSTITUTE FOR MUSEUM AND LIBRARY SERVICES (IMLS) AND BOSTON CHILDREN'S MUSEUM. THIS PROJECT HELPED SOLIDIFY AND ADVANCE THE YEARSLONG PARTNERSHIP BETWEEN THE MUSEUM AND THE CORALVILLE PUBLIC LIBRARY. THE FINAL YEAR OF THE GRANT SAW THE ORGANIZATIONS COLLABORATING ON A PERMANENT BOOK WALK IN NORTH RIDGE PARK AND THE LAUNCH OF A FAMILY-FOCUSED MUSICAL FESTIVAL CALLED "PLAYING IN THE PARK."COMMUNITY CONNECTIONS: DURING FY25, THE ICM CONTINUED TO SERVE AS A STRONG LEADER AND COLLABORATOR -- BOTH LOCALLY AND AT THE STATE LEVEL. THE ORGANIZATION ADVANCED ITS RELATIONSHIP WITH THE NASA IOWA SPACE GRANT CONSORTIUM, LAUNCHING A LIBRARY-BASED "SPACE STATIONS" PROGRAM AND HOSTING A CONSORTIUM SUMMER INTERN FOR THE FIRST TIME. THE MUSEUM'S EXCECUTIVE DIRECTOR WAS SELECTED TO SERVE AT THE STATEWIDE ARTS CAUCUS, WHILE CONTINUING TO LEAD "ARTS & CULTURE" DAY FOR THE COMMUNITY LEADERSHIP PROGRAM AND SERVE ON THE BOARD OF THE LOCAL CONVENTION AND VISITORS BUREAU. IN CONJUNCTION WITH ITS NEW STRATEGIC PLAN, THE ORGANIZATION LAUNCHED A COMMUNITY-WIDE SURVEY, GARNERING MORE THAN 450 RESPONSES, LEADING TO A SERIES OF COMMUNITY CONVERSATIONS LATER IN THE YEAR. STEM SMART PROGRAMS: STEM SMART ENCOURAGES LITERACY AND HEALTHY DEVELOPMENT BY PROVIDING PROGRAMS THAT ALLOW CHILDREN TO APPLY AN UNDERSTANDING OF HOW THE WORLD WORKS WITHIN THE AREAS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH. THIS WORK IS ACCOMPLISHED THROUGH VARIOUS PROGRAMS, INCLUDING FAMILY FREE NIGHTS AND COMMUNITY OUTREACH PROGRAMS. THIS YEAR, THE MUSEUM CONTINUED ITS "STEM IN THE COMMUNITY" PROGRAM WITH LOCAL PARTNERS, WHILE GREATLY INCREASING THE NUMBER OF STUDENTS PARTICPATING IN THE "TECH TREK DROP-OFF INITIATIVE AND LAYING THE FOUNDATION FOR A NEW IN-MUSEUM PROGRAM CALLED "AFTERSCHOOL STUDIO."ICM FOR EVERYONE AND ICM2GO: THE MUSEUM CONTINUED WITH A RANGE OF ACCESSIBILITY INITIATIVES THROUGHOUT THE FISCAL YEAR, WITH MORE THAN 42,000 FREE AND REDUCED MUSEUM ADMISSIONS BEING OFFERED. THE ICM2GO PROGRAM CONNECTS ICM'S "PLAY TO LEARN" MODEL WITH CHILDREN AND FAMILIES ON-LOCATION THROUGHOUT THE EASTERN IOWA CORRIDOR. MORE THAN 19,000 PEOPLE WERE SERVED THROUGH PROGRAMS LIKE THIS, WITH MORE THAN 8,000 LOCAL/REGIONAL STUDENTS COMING TO THE MUSEUM FOR FIELD TRIPS. NEARLY 3,000 FAMILIES HAD MUSEUM MEMBERSHIPS THROUGHOUT THE YEAR. MOVE IT! DIG IT! DO IT! AND JACK SPLAT: THESE TWO LARGE-SCALE, FREE, OUTDOOR COMMUNITY EVENTS CONTINUE TO PROVIDE THE ICM A TREMENDOUS OPPORTUNITY TO CONNECT WITH THE COMMUNITY. FOR THE FOURTH STRAIGHT YEAR, JACK SPLAT WAS HELD IN A DOWNTOWN IOWA CITY PARK AS A MEANS OF INCREASING ACCESS. THE ICM AND VARIOUS PARTNERS INVITE COMMUNITY MEMBERS TO BRING THEIR COMPOSTABLE JACK-O-LANTERNS TO THE PARK, WHERE THEY ARE DROPPED FROM THE FOURTH FLOOR OF A LOCAL PARKING RAMP FOR EVERYONE'S ENJOYMENT. MOVE IT! DIG IT! DO IT! CONTINUED ITS GREAT RUN OF SUCCESS IN FY24 WITH AN ESTIMATED 5,000 PEOPLE GATHERING IN THE MALL PARKING LOT FOR A ONE-OF-A-KIND OPPORTUNITY FOR LEARNING AND FAMILY FUN.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $802,080
Program Service Revenue $1,206,806
Investment Income $22,193
Other Revenue $-73,687
TOTAL REVENUE $1,957,392

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,269,964
Fundraising Expenses $215,673
Program Expenses $1,630,955
Other Expenses $871,717
TOTAL EXPENSES $2,141,681

Year-over-Year Comparison

2024 2023 Change
Revenue $1,957,392 $1,812,328 +0.1%
Expenses $2,141,681 $2,109,729 +0.0%
Net Income $-184,289 $-297,401 -0.4%
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
72
Volunteers
75

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
$144,743
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAHON NICK BOARD CHAIR 2.00
Officer Director
$0 $0 $0
SHAFFER KRISTEN PAST BOARD CHAIR 1.50
Officer Director
$0 $0 $0
YODER CELESTE TREASURER/CHAIR-ELECT 1.50
Officer Director
$0 $0 $0
MOORE ELLIE SECRETARY 1.50
Officer Director
$0 $0 $0
BERN LISSA DIRECTOR (LEFT FEB 2025) 0.50
Director
$0 $0 $0
FINLEY KATHLEEN DIRECTOR 0.50
Director
$0 $0 $0
GOETZINGER CHARLIE DIRECTOR 0.50
Director
$0 $0 $0
HAGEDORN EMILY DIRECTOR 0.50
Director
$0 $0 $0
JONES KIM DIRECTOR 0.50
Director
$0 $0 $0
KAUFMAN CAROLINA DIRECTOR 0.50
Director
$0 $0 $0
LORENZ MEGAN DIRECTOR 0.50
Director
$0 $0 $0
NELSON ERIN DIRECTOR 0.50
Director
$0 $0 $0
NIEVES HIRSCH MONICA DIRECTOR 0.50
Director
$0 $0 $0
O'NEIL DAN DIRECTOR 0.50
Director
$0 $0 $0
RAMEY CHACE DIRECTOR 0.50
Director
$0 $0 $0
RUSSELL BEN DIRECTOR 0.50
Director
$0 $0 $0
SWOPE BRI DIRECTOR 0.50
Director
$0 $0 $0
WACHENDORF JAMES DIRECTOR 0.50
Director
$0 $0 $0
WEST AMANDA DIRECTOR (LEFT DEC 2024) 0.50
Director
$0 $0 $0
WEST RYAN DIRECTOR 0.50
Director
$0 $0 $0
WILTFANG JASON DIRECTOR 0.50
Director
$0 $0 $0
CAPPS JEFF EXECUTIVE DIRECTOR 50.00
Officer
$134,879 $9,864 $144,743
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 $1,957,392 $2,141,681 $3,780,783 $-184,289
2024 $1,812,328 $2,109,729 $4,512,719 $-297,401
2023 $2,045,334 $2,067,647 $5,503,508 $-22,313
2022 $2,157,682 $1,596,802 $5,932,210 $560,880
2021 $1,241,709 $1,267,549 $6,008,938 $-25,840
2020 $1,363,831 $1,527,755 $6,503,140 $-163,924
2019 $1,877,918 $1,838,254 $7,016,737 $39,664
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