Civic Intelligence

Frankfort Childrens Museum Aka Kidswork Childrens Museum

990 • Fiscal year 2017 • EIN 20-8950470

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 27, 2018

11 White StFrankfort, IL 60423

(815) 469-1199

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

37th percentile

-1.5%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

57th percentile

6.4%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

4.7%

Faster revenue growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$217,148

Up $13,038 (+6.4%) from 2016

Net Assets

Up

$214,203

Up $14,135 (+7.1%) from 2016

Liabilities

Down

$2,945

Down $1,097 (-27%) from 2016

Revenue

Up

$278,080

Up $12,359 (+4.7%) from 2016

Expenses

Up

$282,126

Up $43,964 (+18%) from 2016

Net Income

Down

-$4,046

Down $31,605 (-115%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $187,646Liabilities 2010: $2,170Net Assets 2010: $185,4762010Assets 2011: $173,182Liabilities 2011: $625Net Assets 2011: $172,5572011Assets 2012: $151,378Liabilities 2012: $951Net Assets 2012: $150,4272012Assets 2013: $162,165Liabilities 2013: $173Net Assets 2013: $161,9922013Assets 2014: $180,196Liabilities 2014: $647Net Assets 2014: $179,5492014Assets 2015: $172,909Liabilities 2015: $400Net Assets 2015: $172,5092015Assets 2016: $204,110Liabilities 2016: $4,042Net Assets 2016: $200,0682016Assets 2017: $217,148Liabilities 2017: $2,945Net Assets 2017: $214,2032017Assets 2018: $218,491Liabilities 2018: $9,899Net Assets 2018: $208,5922018Assets 2019: $240,692Liabilities 2019: $12,215Net Assets 2019: $228,4772019Assets 2020: $224,551Liabilities 2020: $112Net Assets 2020: $224,4392020Assets 2021: $355,387Liabilities 2021: $23,212Net Assets 2021: $332,1752021Assets 2022: $622,130Liabilities 2022: $162,461Net Assets 2022: $459,6692022Assets 2023: $614,789Liabilities 2023: $59,655Net Assets 2023: $555,1342023Assets 2024: $15,618Liabilities 2024: $0Net Assets 2024: $15,6182024

Highlighted filing

2017

Assets$217,148
Liabilities$2,945
Net Assets$214,203

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $244,4902010Expenses 2011: $205,8322011Revenue 2012: $155,566Expenses 2012: $177,696Net Income 2012: -$22,1302012Revenue 2013: $225,040Expenses 2013: $213,475Net Income 2013: $11,5652013Revenue 2014: $207,202Expenses 2014: $189,645Net Income 2014: $17,5572014Revenue 2015: $230,628Expenses 2015: $237,668Net Income 2015: -$7,0402015Revenue 2016: $265,721Expenses 2016: $238,162Net Income 2016: $27,5592016Revenue 2017: $278,080Expenses 2017: $282,126Net Income 2017: -$4,0462017Revenue 2018: $286,143Expenses 2018: $291,754Net Income 2018: -$5,6112018Revenue 2019: $306,772Expenses 2019: $286,887Net Income 2019: $19,8852019Revenue 2020: $220,612Expenses 2020: $224,650Net Income 2020: -$4,0382020Revenue 2021: $363,360Expenses 2021: $255,624Net Income 2021: $107,7362021Revenue 2022: $487,780Expenses 2022: $360,286Net Income 2022: $127,4942022Revenue 2023: $498,734Expenses 2023: $403,269Net Income 2023: $95,4652023Revenue 2024: $212,474Expenses 2024: $751,990Net Income 2024: -$539,5162024

Highlighted filing

2017

Revenue$278,080
Expenses$282,126
Net Income-$4,046
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 27, 2018
Return Version
2017v2.3
Gross Receipts
$303,941
Mission and Program Overview

Mission

The kidswork children's museum is a cultural institution that brings children, families, and the community together to engage in fun hands-on learning and play so as to nurture life-long learning and discovery.

Operation of an education children's museum that is organized to promote learning and play.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$87,277$84,293▼ $2,984
Savings and Temporary Cash Investments$94,264$69,801▼ $24,463
Cash and Non-Interest-Bearing Accounts$928$39,001▲ $38,073
Inventories for Sale or Use$10,603$11,296▲ $693
Prepaid Expenses and Deferred Charges$5,450$7,170▲ $1,720
Total Assets$204,110$217,148▲ $13,038
Other Assets Total$5,588$5,587▼ $1
Liabilities
Accounts Payable and Accrued Expenses$4,042$2,945▼ $1,097
Total Liabilities$4,042$2,945▼ $1,097
Net Assets / Fund Balance
Unrestricted Net Assets$195,488$210,623▲ $15,135
Temporarily Rstr Net Assets$4,580$3,580▼ $1,000
Total Net Assets Fund Balance$200,068$214,203▲ $14,135
Total Liabilities and Net Assets / Fund Balance$204,110$217,148▲ $13,038

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$84,293$136,814-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Deborah PowersPresident
Brian BrownDirector
Erica PetroDirector
Jeana KerzmanDirector
Karla NunnallyDirector
Kate FaheyDirector
Kyle McgrawDirector
Marleen ThomDirector
Megan SutterDirector
Belinda BassoDirector/ Fu
Bridget BorrelliFormer Treas
Robert ReedTreasurer
Kimberly WardVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$17,547
Program Service Revenue
$225,978
Investment Income
$218
Other Revenue
$34,337
All Other Contributions
$12,547
Change in Net Assets
$-4,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,130
Salaries, Compensation, and Employee Benefits$106,996
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$94,279--$94,279
Occupancy$86,818--$86,818
Fees for Services Other$20,201--$20,201
Depreciation Depletion$18,182--$18,182
Payroll Taxes$11,970--$11,970
Office Expenses$1,439$8,613-$10,052
Fees for Services Accounting-$8,234-$8,234
All Other Expenses$7,203--$7,203
Insurance$5,435--$5,435
Advertising-$3,363-$3,363
Other Expenses$2,416--$2,416
Other Employee Benefits-$747-$747
Total Functional Expenses$261,169$20,957$0$282,126
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$40,274
Fundraising Direct Expenses$15,792
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundrais$40,274$40,274$15,792$24,482
Total Events$40,274$40,274$15,792$24,482
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Frankfort Childrens Museum
EIN
20-8950470
Phone
8154691199
Address
11 WHITE ST, FRANKFORT, IL 60423
Doing Business As
Kidswork Childrens Museum

Signing Officer

Name
Deborah Powers
Title
President
Phone
8154691199
Signed
2018-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Powers
Formed
2007
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
21
Volunteers
2

Preparer

Firm
Bruns & Bruns Limited
Address
321 W MAPLE ST STE 101, NEW LENOX, IL 60451-1633
Preparer
Matthew Bruns
Phone
8154855656
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference 18,181

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE 18,181
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$2.12$7.52$5.40
2023Detailed filing. Detailed filing data is available for this year.$6.15$0.60$5.55$4.99$4.03$0.95
2022Detailed filing. Detailed filing data is available for this year.$6.22$1.62$4.60$4.88$3.60$1.27
2021Detailed filing. Detailed filing data is available for this year.$3.55$0.23$3.32$3.63$2.56$1.08
2020Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.24$2.21$2.25$0.04
2019Detailed filing. Detailed filing data is available for this year.$2.41$0.12$2.28$3.07$2.87$0.20
2018Detailed filing. Detailed filing data is available for this year.$2.18$0.10$2.09$2.86$2.92$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.17$0.03$2.14$2.78$2.82$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.04$2.00$2.66$2.38$0.28
2015Detailed filing. Detailed filing data is available for this year.$1.73$0.00$1.73$2.31$2.38$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.80$0.01$1.80$2.07$1.90$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$2.25$2.13$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.01$1.50$1.56$1.78$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.01$1.73$2.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.02$1.85$2.44