THANKSGIVING POINT INSTITUTE INC

EIN: 841416158 501(c)(3) Environment

LEHI, UT

Total Revenue
$99,872,507
Total Expenses
$37,802,487
Total Assets
$168,075,778
Net Assets
$155,804,308
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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
UT
Principal Officer
MCKAY F CHRISTENSEN
Phone
8017684948
Tax Period
2024-03-01 to 2025-02-28

THANKSGIVING POINT INSTITUTE INC, founded in 1997, is a mid-sized nonprofit in the Environment sector that reported $99.9M in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62.1M, a strong 62% operating margin.

Mission

OUR MISSION IS TO IGNITE CURIOSITY AND BUILD CONFIDENCE IN CHILDREN FROM ALL BACKGROUNDS THROUGH HANDS-ON STEM PROGRAMS AND EXPERIENCES. AS A JOYFUL GATHERING PLACE FOR FAMILIESACROSS THE RENOWNED ASHTON GARDENS, MUSEUMS, EVENTS, AND FESTIVALSWE CULTIVATE WONDER, STRENGTHEN CONNECTIONS, AND INSPIRE A LIFELONG LOVE OF LEARNING.

Program Service Accomplishments

Program 1
Expenses: $27,885,663 Revenue: $19,547,216

THANKSGIVING POINT INSTITUTE IS A 110-ACRE MUSEUM, GARDEN AND FARM COMPLEX FOUNDED AS A GIFT TO UTAH AND THE SURROUNDING COMMUNITIES. OUR MISSION IS TO IGNITE CURIOSITY AND BUILD CONFIDENCE IN...

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THANKSGIVING POINT INSTITUTE IS A 110-ACRE MUSEUM, GARDEN AND FARM COMPLEX FOUNDED AS A GIFT TO UTAH AND THE SURROUNDING COMMUNITIES. OUR MISSION IS TO IGNITE CURIOSITY AND BUILD CONFIDENCE IN CHILDREN FROM ALL BACKGROUNDS THROUGH HANDS-ON STEM PROGRAMS AND EXPERIENCES. AS A JOYFUL GATHERING PLACE FOR FAMILIES-ACROSS THE RENOWNED ASHTON GARDENS, MUSEUMS, EVENTS, AND FESTIVALS-WE CULTIVATE WONDER, STRENGTHEN CONNECTIONS, AND INSPIRE A LIFELONG LOVE OF LEARNING. LAST YEAR, WE EXPERIENCED 2.5 MILLION GUEST VISITS. MOST GUESTS CAME TO VISIT ONE OF OUR MUSEUMS OR GARDEN EVENTS AND TENS OF THOUSANDS CAME AS PART OF OUR EDUCATIONAL AND CULTURAL EVENTS. EACH WEEK WE CONDUCT OVER 180 STEM DISCOVERY PROGRAMS WITH OVER 100,000 KIDS PARTICIPATING IN THOSE PROGRAMS THROUGHOUT THE YEAR. FOR EXAMPLE, THE TULIP FESTIVAL HELD IN ASHTON GARDENS IS A FAVORITE OF THE COMMUNITY AND THE FESTIVAL PROVIDES TREMENDOUS EDUCATION OPPORTUNITIES FOR GUESTS. A LARGE PERCENTAGE OF THE 300,000 TULIP BULBS ARE PLANTED BY VOLUNTEERS. IN TOTAL, VOLUNTEERS WORKED OVER 3,000 HOURS TO HELP MAKE THE TULIP FESTIVAL A SUCCESS. LAST YEAR, 904 VOLUNTEERS GAVE 19,763 HOURS TO VARIOUS COMMUNITY-ORIENTED EFFORTS AT THANKSGIVING POINT. MUCH OF THE SUPPORTING REVENUE OF THANKSGIVING POINT IS GENERATED THROUGH OUR FIVE PRIMARY VENUES: ASHTON GARDENS, MUSEUM OF ANCIENT LIFE, THE MUSEUM OF NATURAL CURIOSITY, THE BUTTERFLY BIOSPHERE, AND FARM COUNTRY. WITHIN EACH OF THESE VENUES WE EMPLOY ASPIRING EDUCATORS WHO FACILITATE LEARNING AND GUIDE GUESTS IN THE EXPLORATION OF NATURAL WORLD SCIENCE. WE ALSO UTILIZE EXPERIENCED VOLUNTEERS WHO ARE SKILLED AT HELPING GUESTS DISCOVER THE WONDERS OF STEM. INTEGRAL TO THE THANKSGIVING POINT MISSION ARE THE INTERACTIVE LEARNING EXPERIENCES ORGANIZED TO AID CHILDREN IN THEIR LEARNING OF SCIENCE. LAST YEAR, OVER 22,992 3RD AND 8TH GRADE STUDENTS WERE PART OF FREE SCIENCE AND ENGINEERING PROGRAMS OFFERED BY THANKSGIVING POINT. THANKSGIVING POINT HOSTED APPROXIMATELY 45,217 STUDENTS THROUGH FIELD TRIPS AND VISITED 13,282 AS PART OF OUR OUTREACH CLASSES. LAST YEAR, 257 K-12 PUBLIC SCHOOL TEACHERS RECEIVED FREE TEACHER PROFESSIONAL DEVELOPMENT ON-SITE AND ONLINE THROUGH THANKSGIVING POINT INSTITUTE. IN ADDITION, OVER 1,444 HOME SCHOOL STUDENTS ATTENDED HOMESCHOOL DAYS AT THANKSGIVING POINT. IN SUMMER MONTHS, THANKSGIVING POINT HOSTS APPROXIMATELY 75 SUMMER CAMPS. THESE CAMPS WELCOME CHILDREN OF ALL AGES AND BACKGROUNDS AND ARE FOCUSED ON A VARIETY OF LEARNING EXPERIENCES FROM DISCOVERING DINOSAURS TO CREATING UNIQUE ART TO EXPERIMENTING WITH STEM. ESSENTIAL TO OUR MISSION IS PROVIDING ACCESS TO ALL KIDS AND THEIR FAMILIES. ANY CHILD WHOSE PARENTS ARE ON WIC OR SNAP BENEFITS COME TO OUR MUSEUMS AND CENTERS FOR FREE, AND THEIR PARENTS ARE CHARGED A DISCOUNTED RATE. IN TOTAL 219,421 OF THESE GUESTS RECEIVED FREE OR DISCOUNTED RATES. THANKSGIVING POINT ALSO PARTNERS WITH A VARIETY OF COMMUNITY ORGANIZATIONS. ONE EXAMPLE IS THE SOUTH FRANKLIN COMMUNITY CENTER BASED IN PROVO, UTAH. THIS CENTER SERVES CHILDREN ATTENDING TITLE I SCHOOLS. APPROXIMATELY 83% OF THE STUDENTS HERE ARE ECONOMICALLY DISADVANTAGED AND 63% COME FROM UNDER- REPRESENTED GROUPS. THANKSGIVING POINT PROVIDES VENUE TICKETS THROUGHOUT THE YEAR TO SOUTH FRANKLIN TO AID IN THEIR LEARNING AND LIFE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $69,600,894
Program Service Revenue $19,112,138
Investment Income $2,886,690
Other Revenue $8,272,785
TOTAL REVENUE $99,872,507

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,290,147
Fundraising Expenses $1,195,214
Program Expenses $32,615,525
Other Expenses $20,512,340
TOTAL EXPENSES $37,802,487

Year-over-Year Comparison

2024 2023 Change
Revenue $99,872,507 $46,242,434 +1.2%
Expenses $37,802,487 $34,595,229 +0.1%
Net Income $62,070,020 $11,647,205 +4.3%
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
10
Independent Members
8
Employees
1155
Volunteers
919

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
6
$1,205,641
Total Directors
9
$97,577
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MCKAY F CHRISTENSEN CEO & TRUSTE 40.00
Officer
$313,582 $975 $314,557
BRENT LANGE CDO 40.00
Officer
$253,086 $23,226 $276,312
DAVE COLTRIN VP OF DEVELO 40.00
Highest
$203,533 $20,915 $224,448
KENDALL WIMMER COO 40.00
Officer
$178,045 $21,753 $199,798
ALLEN ASH CFO 40.00
Officer
$161,130 $5,718 $166,848
TUCKER LOUGE DIR OF CAMPU 40.00
Highest
$120,278 $20,333 $140,611
BRYAN REED DIR OF FACIL 40.00
Highest
$116,212 $20,495 $136,707
ERICA VANAMEN CMO - TERMED 25.00
Officer
$131,551 $2,780 $134,331
MELINDA PIKE CMO - HIRED 20.00
Officer
$113,750 $45 $113,795
JEANETTE BENNETT DIR/TRUSTEE 20.00
Director
$90,855 $6,722 $97,577
DIANE ACEVEDO TRUSTEE 1.00
Director
$0 $0 $0
SCOTT ANDERSON TRUSTEE 1.00
Director
$0 $0 $0
ALAN C ASHTON TRUSTEE 1.00
Director
$0 $0 $0
KAREN ASHTON TRUSTEE 1.00
Director
$0 $0 $0
SPENCER ASHTON TRUSTEE 1.00
Director
$0 $0 $0
ABBY COX TRUSTEE 1.00
Director
$0 $0 $0
RUTH TODD TRUSTEE 1.00
Director
$0 $0 $0
MARK WOLFERT TRUSTEE 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 $99,872,507 $37,802,487 $168,075,778 $62,070,020
2024 $46,242,434 $34,595,229 $104,324,971 $11,647,205
2023 $39,962,209 $31,176,972 $92,421,837 $8,785,237
2022 $45,287,862 $25,928,376 $83,874,144 $19,359,486
2021 $20,847,406 $21,444,419 $67,593,808 $-597,013
2020 $24,175,538 $25,783,796 $67,747,589 $-1,608,258
2019 $33,442,015 $24,400,122 $69,351,328 $9,041,893
2018 $22,445,665 $21,765,646 $56,919,342 $680,019
2017 $23,822,180 $20,967,001 $55,212,722 $2,855,179
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