IMAGINE CHILDREN'S MUSEUM

EIN: 943153591 501(c)(3) Arts, Culture & Humanities

EVERETT, WA

Total Revenue
$5,511,340
Total Expenses
$5,885,561
Total Assets
$37,813,459
Net Assets
$35,918,426
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
WA
Principal Officer
DR CLAY WERTHEIMER
Phone
4252581006
Tax Period
2024-01-01 to 2024-12-31

IMAGINE CHILDREN'S MUSEUM, founded in 1991, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.5M in total revenue in fiscal year 2024. Net assets of $35.9M represent 78 months of operating reserves.

Mission

UTILIZE PLAYFUL LEARNING TO ENRICH CHILDRENS LIVES.

Program Service Accomplishments

Program 1
Expenses: $5,102,508 Revenue: $3,329,259

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...

Read more

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,536,565
Program Service Revenue $3,234,436
Investment Income $490,863
Other Revenue $249,476
TOTAL REVENUE $5,511,340

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,394,671
Fundraising Expenses $224,834
Program Expenses $5,102,508
Other Expenses $2,490,890
TOTAL EXPENSES $5,885,561

Year-over-Year Comparison

2024 2023 Change
Revenue $5,511,340 $5,269,725 +0.0%
Expenses $5,885,561 $4,650,765 +0.3%
Net Income $-374,221 $618,960 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
98
Volunteers
168

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
7
$593,679
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAY WERTHEIMER PRESIDENT 2.00
Officer Director
$0 $0 $0
STEPHEN MCCOY 1ST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SARAH BUHL 2ND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
PAUL WELLS-EDWARDS TREASURER 1.00
Officer Director
$0 $0 $0
DIANA ORTEGA OFFICER THRU MAY 2024,THEN DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN CORTES DIRECTOR 1.00
Director
$0 $0 $0
ADAM CLARK DIRECTOR 1.00
Director
$0 $0 $0
RACHELE HORNER DIRECTOR 1.00
Director
$0 $0 $0
DAN KOSNIK DIRECTOR 1.00
Director
$0 $0 $0
CATHERINE SOPER DIRECTOR 1.00
Director
$0 $0 $0
PAKANYA MCKINLEY DIRECTOR 1.00
Director
$0 $0 $0
BRETT SONTRA DIRECTOR 1.00
Director
$0 $0 $0
DAVID RATLIFF DIRECTOR 1.00
Director
$0 $0 $0
ANDY WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
DR KAILA COGDILL DIRECTOR THROUGH MAY 2024 1.00
Director
$0 $0 $0
DR KRISTEN MISSALL DIRECTOR THROUGH FEBRUARY 2024 1.00
Director
$0 $0 $0
PETE SONTRA DIRECTOR THROUGH MARCH 2024 1.00
Director
$0 $0 $0
SHANNON O'KELLEY DIRECTOR THROUGH JULY 2024 1.00
Director
$0 $0 $0
JESSICA GIDEON DIRECTOR THROUGH MAY 2024 1.00
Director
$0 $0 $0
NANCY JOHNSON CEO THROUGH MAY 2024 60.00
Officer
$334,252 $0 $334,252
TIA WINCH CHIEF FINANCIAL OFFICER 50.00
Officer
$138,418 $0 $138,418
GRETCHEN WILSON-PRANGLEY CHIEF IMPACT OFFICER 50.00
Highest
$126,643 $0 $126,643
ELIZABETH WOOD CHIEF EXECUTIVE OFFICER 60.00
Officer
$121,009 $0 $121,009
QUINN SCHELL CHIEF EXPERIENCE OFFICER 50.00
Highest
$116,067 $0 $116,067
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
2024 $5,511,340 $5,885,561 $37,813,459 $-374,221
2023 $5,269,725 $4,650,765 $37,611,618 $618,960
2022 $6,695,337 $3,768,705 $39,607,598 $2,926,632
2021 $5,632,145 $1,404,794 $34,459,538 $4,227,351
2020 $8,944,027 $1,810,483 $28,221,178 $7,133,544
2019 $5,232,336 $2,746,908 $20,606,528 $2,485,428
2018 $3,357,280 $2,210,342 $17,095,143 $1,146,938
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare IMAGINE CHILDREN'S MUSEUM with other nonprofits in Washington and across the country.