Civic Intelligence

Riverfront Museum Park

EIN 36-3605403 • 501(c)3 • Rockford, IL

Profile

Support and sustain a vibrant and healthy facility that enables our member organizations to showcase the arts and sciences.

711 North Main StreetRockford, IL 61103-6999

www.riverfrontmuseumpark.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.15x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.17x

Higher debt load relative to revenue than 52% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

98th percentile

260%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Revenue Growth

96th percentile

168%

Faster revenue growth than 96% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2024

Assets

Up

$5,956,460

Up $5,366,606 (+910%) from 2023

Liabilities

Up

$906,732

Up $874,551 (+2718%) from 2023

Net Assets

Up

$5,049,728

Up $4,492,055 (+805%) from 2023

Revenue

Up

$5,380,577

Up $4,419,366 (+460%) from 2023

Expenses

Up

$891,895

Up $59,890 (+7.2%) from 2023

Net Income

Up

$4,488,682

Up $4,359,476 (+3374%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $303,290Liabilities 2010: $109,668Net Assets 2010: $193,6222010Assets 2011: $280,955Liabilities 2011: $77,674Net Assets 2011: $203,2812011Assets 2012: $371,232Liabilities 2012: $186,064Net Assets 2012: $185,1682012Assets 2013: $229,175Liabilities 2013: $64,637Net Assets 2013: $164,5382013Assets 2014: $230,987Liabilities 2014: $67,557Net Assets 2014: $163,4302014Assets 2015: $228,805Liabilities 2015: $69,821Net Assets 2015: $158,9842015Assets 2019: $220,490Liabilities 2019: $74,166Net Assets 2019: $146,3242019Assets 2020: $449,438Liabilities 2020: $123,336Net Assets 2020: $326,1022020Assets 2021: $453,264Liabilities 2021: $46,564Net Assets 2021: $406,7002021Assets 2022: $459,885Liabilities 2022: $41,952Net Assets 2022: $417,9332022Assets 2023: $589,854Liabilities 2023: $32,181Net Assets 2023: $557,6732023Assets 2024: $5,956,460Liabilities 2024: $906,732Net Assets 2024: $5,049,7282024

Highlighted filing

2024

Assets$5,956,460
Liabilities$906,732
Net Assets$5,049,728

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $829,8862010Expenses 2011: $780,4452011Expenses 2012: $1,260,4342012Revenue 2013: $1,143,069Expenses 2013: $1,102,243Net Income 2013: $40,8262013Revenue 2014: $718,023Expenses 2014: $711,711Net Income 2014: $6,3122014Revenue 2015: $645,690Expenses 2015: $650,136Net Income 2015: -$4,4462015Revenue 2019: $652,410Expenses 2019: $705,282Net Income 2019: -$52,8722019Revenue 2020: $701,650Expenses 2020: $617,090Net Income 2020: $84,5602020Revenue 2021: $754,663Expenses 2021: $672,426Net Income 2021: $82,2372021Revenue 2022: $750,758Expenses 2022: $716,121Net Income 2022: $34,6372022Revenue 2023: $961,211Expenses 2023: $832,005Net Income 2023: $129,2062023Revenue 2024: $5,380,577Expenses 2024: $891,895Net Income 2024: $4,488,6822024

Highlighted filing

2024

Revenue$5,380,577
Expenses$891,895
Net Income$4,488,682

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$5,405,244
Mission and Program Overview

Mission

Support and sustain a vibrant and healthy facility that enables our member organizations to showcase the arts and sciences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$129,711$1,011,647▲ $881,936
Cash and Non-Interest-Bearing Accounts$139,660$323,878▲ $184,218
Savings and Temporary Cash Investments$159,966$231,862▲ $71,896
Investments in Publicly Traded Securities$121,646$130,413▲ $8,767
Land, Buildings, and Equipment, Net$35,625$53,562▲ $17,937
Prepaid Expenses and Deferred Charges$3,246$9,948▲ $6,702
Total Assets$589,854$5,956,460▲ $5,366,606
Other Assets Total-$4,195,150-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$504,951-
Grants Payable-$240,000-
Accounts Payable and Accrued Expenses$32,181$94,889▲ $62,708
Deferred Revenue-$66,892-
Total Liabilities$32,181$906,732▲ $874,551
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$555,673$5,049,728▲ $4,494,055
Net Assets With Donor Restrictions$2,000--
Total Net Assets Fund Balance$557,673$5,049,728▲ $4,492,055
Total Liabilities and Net Assets / Fund Balance$589,854$5,956,460▲ $5,366,606

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$53,562$35,381$70,596
Equipment-$104,028-
Other Assets Org$4,195,150--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lana ParisDisc Cent Ed--$120,693$120,693
Carrie JohnsonRam Ed--$108,194$108,194
Julie Thomas2nd Vice Pre--$77,210$77,210
Cyndie HowardFacility ManFT$64,977-$64,977
Catherine Valdez-doyleRdc Int. E.dFT-$11,984$11,984

Board Members and Trustees

NameTitle
Scott SandersPresident
Chris Berndt1st Vice Pre
Devin Noble3rd Vice Pre
Asiya LaskonisGovernor
Christopher DamleGovernor
Jack WheelerGovernor
Tamika Steward-jonesGovernor
Sarah CortezSecretary
Brenda NayonisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,273,748
Program Service Revenue
$100,000
Investment Income
$-5,849
Other Revenue
$12,678
All Other Contributions
$5,104,096
Change in Net Assets
$4,488,682

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,380,577
Revenue Not Reported on Form 990
$269,573
Total Revenue per Audited Statements
$5,650,150
Total Revenue per Form 990
$5,380,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$653,141
Salaries, Compensation, and Employee Benefits$238,754
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$318,684$3,219-$321,903
Other Salaries and Wages$116,938$12,994-$129,932
Fees for Services Other$73,570$743-$74,313
Current Officers, Directors, Trustees, and Key Employees$58,479$6,498-$64,977
Interest$38,847$392-$39,239
Other Employee Benefits$26,161$2,907-$29,068
Insurance$19,477$197-$19,674
Payroll Taxes$13,299$1,478-$14,777
Office Expenses$13,132$133-$13,265
Depreciation Depletion$9,871$100-$9,971
Fees for Services Accounting-$3,765-$3,765
Fees for Service Investment Mgmnt Fees-$1,000-$1,000
Other Expenses$169,651$-1-$-1
Total Functional Expenses$858,109$33,786$0$891,895

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,158,095
Expenses per Audited Statements$891,895
Total Expenses per Form 990$891,895
Expenses Not Reported on Form 990$266,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Business relationship with 35% controlled entity
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

Copies of the form 990 are provided to each of the board members. The 990 is then discussed at a board meeting and approved for release.

Form 990, Page 6, Part VI, Line 19

All of these documents are available to the public upon request. Also, audited financial statements and annual tax documents are available on government websites.

Filing and Contact Details

Filer

Filer Name
Riverfront Museum Park
EIN
36-3605403
Phone
8159722800
Address
711 NORTH MAIN STREET, ROCKFORD, IL 61103-6999

Signing Officer

Name
Scott Sanders
Title
President
Phone
8159722800
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Sanders
Formed
1988
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
13

Preparer

Firm
Abendroth Acctg & Tax Services Inc
Address
7060 CENTENNIAL DRIVE SUITE 105, TINLEY PARK, IL 60477-1699
Preparer
Danielle N Abendroth
Phone
7088644071
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Item B

This amended return is being filed to reflect final audited financial information which was not available at the time the original return was filed.

Financial Statement Notes

Schedule D, Page 3, Part X

Riverfront follows the authoritative guidance of the financial accounting standards board clarifying the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribing a recognition threshold of more-likely-than-not to be sustained upon examination. Riverfront does not believe any uncertainties exist. Riverfront conducts business solely in the united states, and as a result, files information returns for the u.s. And illinois. In the normal course of business riverfront is subject to examination by taxing authorities. Returns for fiscal years subsequent to 2022 are open, by statute, for review. However, at present there are no ongoing income tax audits or unresolved disputes with the various taxing authorities riverfront currently files or has filed with.

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IRS990/MissionDesc0SUPPORT AND SUSTAIN A VIBRANT AND HEALTHY FACILITY THAT ENABLES OUR MEMBER ORGANIZATIONS TO SHOWCASE THE ARTS AND SCIENCES.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/OccupancyGrp/ProgramServicesAmt0318684
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0133
IRS990/OfficeExpensesGrp/ProgramServicesAmt013132
IRS990/OfficeExpensesGrp/TotalAmt013265
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt04195150
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02907
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt026161
IRS990/OtherEmployeeBenefitsGrp/TotalAmt029068
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IRS990/OtherExpensesGrp/Desc1POSTAGE AND SHIPPING
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1-1
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IRS990/OtherExpensesGrp/TotalAmt0169651
IRS990/OtherExpensesGrp/TotalAmt1361
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0116938
IRS990/OtherSalariesAndWagesGrp/TotalAmt0129932
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01478
IRS990/PayrollTaxesGrp/ProgramServicesAmt013299
IRS990/PayrollTaxesGrp/TotalAmt014777
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03246
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09948
IRS990/PrincipalOfficerNm0SCOTT SANDERS
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IRS990/PYSalariesCompEmpBnftPaidAmt0221637
IRS990/PYTotalExpensesAmt0832005
IRS990/PYTotalRevenueAmt0961211
IRS990/ReconcilationRevenueExpnssAmt04488682
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IRS990ScheduleA/Form990SchAType3FuncIntGrp/ExerciseDirectionPoliciesInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ParentSupportedOrgInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATIONS ARE REPRESENTED ON RIVERFRONT MUSEUM PARK'S BOARD OF GOVERNORS AND THEREFORE HAVE A VOICE IN DIRECTING THE USE OF INCOME AND ASSETS OF RIVERFRONT MUSEUM PARK THROUGHOUT THE YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1DURING THE YEAR, RIVERFRONT MUSEUM PARK PROVIDED AND MAINTAINED THE FACILITIES IN WHICH THE SUPPORTED ORGANIZATIONS (DISCOVERY CENTER MUSEUM OF ROCKFORD, ROCKFORD ART MUSEUM, ROCKFORD DANCE COMPANY, AND ROCKFORD SYMPHONY ORCHESTRA, INC.) OPERATE THEIR PROGRAMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2DURING THE YEAR, RIVERFRONT MUSEUM PARK PROVIDED AND MAINTAINED THE FACILITIES IN WHICH THE SUPPORTED ORGANIZATIONS (DISCOVERY CENTER MUSEUM OF ROCKFORD, ROCKFORD ART MUSEUM, ROCKFORD DANCE COMPANY, AND ROCKFORD SYMPHONY ORCHESTRA, INC.) OPERATE THEIR PROGRAMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3RIVERFRONT MUSEUM PARK PROVIDES AND MAINTAINS A FACILITY TO HOUSE THE SUPPORTED MUSEUMS AND ARTS ORGANIZATIONS IN WHICH THOSE ORGANIZATIONS OPERATE THEIR PROGRAMS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION E, LINE 2B
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3SUPPLEMENTAL INFORMATION
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IRS990ScheduleA/SupportedOrganizationsTotalCnt04
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0DISCOVER CENTER MUSEUM OF ROCKFORD
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1ROCKFORD ART MUSEUM
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2ROCKFORD DANCE COMPANY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3ROCKFORD SYMPHONY ORCHESTRAS INC
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04195150
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
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IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt070596
IRS990ScheduleD/RevenueNotReportedAmt0269573

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