The Works
- Assets
- $1.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 24
- Location
- Bloomington, MN
- Founding
- 11/1987
- Data as of
- 09/2022
- EIN
- 41-1570750
Organization Overview
The Works is located in Bloomington, MN. The organization was established in 1987. According to its NTEE Classification (A52) the organization is classified as: Children's Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2022, Works employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Works is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2022, Works generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $1.0m during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WORKS' MISSION IS TO INSPIRE THE NEXT GENERATION OF INNOVATORS, ENGINEERS, AND CREATIVE PROBLEM SOLVERS. THE WORKS MUSEUM CREATES FUN AND INSPIRING HANDS-ON ENGINEERING EXPERIENCES FOR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION PROGRAMS VIA MUSEUM EXHIBITS FOR PUBLIC AND GROUPS, WORKSHOPS ON AND OFF-SITE, CAMPS AND CLASSES, AND COMMUNITY EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Measells CEO | Officer | 40 | $124,704 |
Carol Aergerter Treasurer | OfficerTrustee | 1 | $0 |
Gene Sieve Vice Chair | OfficerTrustee | 1 | $0 |
Nate Witzany Secretary | OfficerTrustee | 1 | $0 |
John Lee Board Chair | OfficerTrustee | 1 | $0 |
Jennie Pontillo Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,980 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $441,907 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $467,887 |
| Total Program Service Revenue | $540,549 |
| Investment income | $2,936 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $356 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,234,348 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $124,704 |
| Compensation of current officers, directors, key employees. | $43,646 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $460,487 |
| Pension plan accruals and contributions | $7,048 |
| Other employee benefits | $0 |
| Payroll taxes | $44,900 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $76,848 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,402 |
| Office expenses | $18,329 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $148,259 |
| Travel | $7,635 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,553 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,091 |
| Insurance | $5,404 |
| All other expenses | $188 |
| Total functional expenses | $1,024,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,053 |
| Savings and temporary cash investments | $763,365 |
| Pledges and grants receivable | $35,846 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,146 |
| Net Land, buildings, and equipment | $234,471 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,244,881 |
| Accounts payable and accrued expenses | $113,665 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $263,665 |
| Net assets without donor restrictions | $859,716 |
| Net assets with donor restrictions | $121,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,244,881 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Works has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
Nvent Foundation Minneapolis, MN PURPOSE: SUPPORT STEM EDUCATION | $14,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Childrens Museum St Paul, MN | $26,748,657 | $10,384,942 |
Madison Childrens Museum Foundation Inc Madison, WI | $2,957,823 | $4,551,726 |
Madison Childrens Museum Inc Madison, WI | $15,954,090 | $4,245,584 |
Childrens Museum Of Minot Inc Minot, ND | $8,405,291 | $5,178,685 |
Betty Brinn Childrens Museum Milwaukee, WI | $2,981,160 | $2,729,087 |
Iowa Childrens Museum Coralville, IA | $6,008,938 | $1,241,709 |
The Building For Kids Inc Appleton, WI | $2,957,593 | $1,489,772 |
Childrens Museum Of Southern Minnesota Mankato, MN | $4,049,777 | $719,181 |
The Works Bloomington, MN | $1,244,881 | $1,234,348 |
Childrens Museum Of Rochester Inc Rochester, MN | $1,539,691 | $1,082,163 |
Childrens Museum Of Fond Du Lac Inc Fond Du Lac, WI | $1,824,668 | $1,925,766 |
Childrens Museum Of Green Bay Inc Green Bay, WI | $1,539,907 | $886,140 |