2024-05-09T16:29:51-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 4601 SIX FORKS ROAD SUITE 350 RALEIGH NC 27609 990 2022-07-01 581647538 MARBLES KIDS MUSEUM MARB 9198344040 201 EAST HARGETT STREET RALEIGH NC 27601 JONATHAN FREDERICK CEO 9198344040 2024-05-08 1 JONATHAN FREDERICK XXX-XX-XXXX 1 REBECCA FISHER P01690017 9197813581 2024-05-01 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JONATHAN FREDERICK 201 EAST HARGETT STREET RALEIGH NC 27601 7765543 0 X WWW.MARBLESKIDSMUSEUM.ORG X 2007 NC MARBLES SPARKS IMAGINATION, DISCOVERY, AND LEARNING THROUGH PLAY. 29 29 144 843 549834 0 6250407 2490415 3183300 4415617 -2511 -859 297752 356120 9728948 7261293 0 0 0 0 3421227 3970643 190 48269 421284 1995760 2753334 5417177 6772246 4311771 489047 9975435 31031572 3606931 3682992 6368504 27348580 X SEE SCHEDULE OMARBLES SPARKS IMAGINATION, DISCOVERY AND LEARNING THROUGH PLAY. 1. READY SET LEARN. PLAY BUILDS INTELLECTUAL, SOCIAL AND EMOTIONAL SKILL FOR SUCCESS IN LEARNING AND IN LIFE. 2. BE HEALTHY BE ACTIVE. PLAY PROMOTES PHYSICAL DEVELOPMENT AND HEALTH. 3. CREATE INNOVATE. PLAY ENCOURAGES IMAGINATION, CREATIVITY AND SELF-EXPRESSION. 4. EXPLORE EXPERIMENT. PLAY LEADS TO DISCOVERY AND KINDLES CURIOSITY. 5. CONNECT. PLAY TEACHES COOPERATION AND COLLABORATION, STRENGTHENS FAMILIES AND UNITES OUR COMMUNITY. 0 0 4526079 4313191 IN FY2022-2023 (FY23), INNOVATION AND INCLUSIVITY WERE AT THE FOREFRONT AS MARBLE OPENED NEW EXHIBITS, EXPANDED IMPACTFUL PROGRAMS, CONTINUED TO BUILD A TOP-NOTCH TEAM, AND WELCOMED OVER 475,000 GUESTS TO EXPERIENCE THE POWER OF PLAY. HIGHLIGHTS INCLUDE TRANSFORMING OUR SPLASH EXHIBIT IN JUNE 2023 WITH A BRAND-NEW 65-FOOT WATER TABLE. THE TABLE BOASTS 19 SPECIAL FEATURES, ALL INSPIRED BY THE NORTH CAROLINA COAST AND DESIGNED TO ENCOURAGE ENDLESS FUN AND LEARNING. HANDS-ON PLAY IN SPLASH FOSTERS FINE MOTOR AND SOCIAL SKILLS WHILE BUILDING STEM LEARNING, PROBLEM SOLVING AND COLLABORATION. (CONTINUED ON SCHEDULE O)IN FY23, MARBLES ADDED WEEKLY STAFF-LED BABY AND TODDLER PROGRAMS THAT ARE INCLUDED WITH MUSEUM ADMISSIONS. AT MARBLES BABY TIME MEETUPS, GUESTS PARTICIPATE IN STORY TIME, SING, MOVE AND PLAY WITH THEIR LITTLE ONES WHILE ENJOYING CONVERSATIONS AND MAKING CONNECTIONS WITH OTHER GROWN-UPS. IN MARBLES EARLY LEARNERS PLAYTIME, KIDS 2 TO 5 YEARS OLD JOIN OTHER YOUNG CHILDREN AND THEIR GROWN-UPS FOR STORY TIME AND ACTIVITIES TO SPARK CURIOSITY AND ENCOURAGE SOCIAL CONNECTIONS. EARLY LEARNERS ARE ENGAGED IN ART, LITERACY, MUSIC, SENSORY EXPERIENCES, MATH, SCIENCE, AND IMAGINARY PLAY.IN SUPPORT OF OUR MISSION TO SPARK IMAGINATION, DISCOVERY, AND LEARNING THROUGH PLAY, MARBLES DELIVERS POWERFUL PLAY EXPERIENCES ALIGNED WITH FIVE CORE CONTENT INITIATIVES: READY SET LEARN, BE HEALTHY BE ACTIVE, CREATE INNOVATE, EXPLORE EXPERIMENT, AND CONNECT. CONTENT IS DELIVERED THROUGH INNOVATIVE AND INTERACTIVE EXHIBITS, DAILY EDUCATIONAL PROGRAMS, FIELD TRIPS, CAMPS, SPECIAL ACCESS PROGRAMS AND GIANT SCREEN IMAX DOCUMENTARY MOVIES. IN FY23, MARBLES KIDS MUSEUM SERVED OVER 475,000 VISITORS INCLUDING ALMOST 27,200 FIELD TRIP AND SUMMER GROUP GUESTS. MUSEUM FIELD TRIPS OFFER OPEN-ENDED MUSEUM EXPLORATION OF OUR EDUCATIONAL EXHIBITS AS WELL AS HANDS-ON SPECIALTY PROGRAMS ON TOPICS LIKE STEM, FINANCIAL LITERACY, NUTRITION, AND WEATHER. MARBLES ALSO OFFERS CURRICULUM-ALIGNED EDUCATIONAL FIELD TRIPS THAT INTEGRATE AWARD-WINNING IMAX DOCUMENTARIES WITH HANDS-ON LEARNING LABS FOR STUDENTS IN GRADES 5-8, BRINGING CONTENT TO LIFE THROUGH HANDS-ON ACTIVITIES. CAMP MARBLES ENGAGED MORE THAN 2,200 KIDS IN FUN, INTERACTIVE LEARNING AND PLAY THROUGH CREATING, BUILDING, AND EXPERIMENTING. MARBLES FULL CIRCLE ACCESS AND OUTREACH PROGRAMS PROVIDED OVER 67,100 FREE AND REDUCED RATE MUSEUM VISITS IN FY23 FOR TRADITIONALLY UNDERSERVED POPULATIONS, ENSURING ALL CHILDREN HAVE ACCESS TO MARBLES, DESPITE FINANCIAL OR PHYSICAL LIMITATIONS. MARBLES FULL CIRCLE ACCESS PROGRAMS INCLUDE MUSEUM ACCESS FOR AT-RISK TITLE I AND PRESCHOOL GROUPS, EXTENDED HOURS FOR WORKING FAMILIES, FREE EVENTS FOR RISING KINDERGARTENERS AND THEIR FAMILIES AND FREE EVENTS FOR CHILDREN WITH SPECIAL NEEDS. 4526079 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 1 144 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X APRIL WARD 9198571057 201 EAST HARGETT STREET RALEIGH NC 27601 JULIE PAUL CHAIR 1.00 X X 0 0 0 JASON HERNDON CHAIR ELECT 1.00 X X 0 0 0 LENNIE AUSTIN SECRETARY 1.00 X X 0 0 0 MARY BECK SKINNER TREASURER & FINANCE CHAIR 1.00 X X 0 0 0 JENNIFER BADHAM DEVELOPMENT CHAIR 1.00 X X 0 0 0 SKIP HILL FACILITIES CHAIR 1.00 X X 0 0 0 SHIRLEY HUANG LEARNING CHAIR 1.00 X X 0 0 0 ERICKA SANTOS COMMUNICATIONS CHAIR 1.00 X X 0 0 0 JOHN ADAMS DIRECTOR 1.00 X 0 0 0 MIKE ADAMS DIRECTOR - THRU 3/23 1.00 X 0 0 0 LORIE BARNES DIRECTOR 1.00 X 0 0 0 PRESTON BERGEN DIRECTOR 1.00 X 0 0 0 CHRISTIAN BIGSBY DIRECTOR 1.00 X 0 0 0 JED BYRNE DIRECTOR 1.00 X 0 0 0 HEATHER COZART DIRECTOR 1.00 X 0 0 0 SHARON CRAWFORD DIRECTOR 1.00 X 0 0 0 SARA DANIEL DIRECTOR 1.00 X 0 0 0 BRIDGET HARRINGTON DIRECTOR 1.00 X 0 0 0 LESLIE ANN JACKSON DIRECTOR 1.00 X 0 0 0 GAIL JONES DIRECTOR 1.00 X 0 0 0 NAEILL LEIGH DIRECTOR 1.00 X 0 0 0 SARAH MORGAN DIRECTOR 1.00 X 0 0 0 JENNIFER PITTMAN DIRECTOR 1.00 X 0 0 0 MARIAROSA RANGEL DIRECTOR 1.00 X 0 0 0 GRACE ROUNTREE DIRECTOR 1.00 X 0 0 0 GUILLERMO SOLARES DIRECTOR - THRU 8/22 1.00 X 0 0 0 BERNETTE STIVERS DIRECTOR 1.00 X 0 0 0 AMY STRECKER DIRECTOR - THRU 8/22 1.00 X 0 0 0 JEANE WHITTINGTON POWERS DIRECTOR 1.00 X 0 0 0 SALLY EDWARDS FORMER PRESIDENT & CEO 40.00 X 129835 0 7617 JONATHAN FREDERICK CEO 40.00 X 94143 0 5408 BRITT THOMAS CHIEF ACTIVATION OFFICER 40.00 X 135845 0 13404 HARDIN ENGLEHARDT CHIEF LEARNING OFFICER 40.00 X 94459 0 14917 454282 0 41346 2 0 0 0 0 723692 298751 683096 784876 78542 2490415 ADMISSION AND OTHER FEES 713990 4415617 3865783 549834 4415617 3538 3538 4397 -4397 -4397 -4397 32313 298751 123601 -91288 -91288 823660 376252 447408 447408 7261293 4313191 549834 -92147 494788 236614 143024 115150 2879344 1941425 711226 226693 14618 9611 3266 1741 335036 256854 75443 2739 246857 180736 50789 15332 20 20 39778 39778 48269 48269 477853 209781 268072 53518 52649 869 138859 83773 49967 5119 138078 10204 127634 240 30767 30767 20063 8256 11503 304 30939 11408 18537 994 110247 105771 4476 312388 233978 78410 57901 1054 56847 FILM EXPENSE 279806 279806 SUPPLIES EXPENSE 248376 192999 54166 1211 REPAIRS AND MAINTENANCE 200182 150670 49512 FOOD PURCHASES 181400 168384 11120 1896 433159 392106 40326 727 6772246 4526079 1824883 421284 1574072 2622282 3063331 2241687 324864 226831 16027 63818 84977 96325 27883 99300 10131897 5572537 4282360 4559360 601921 21121969 9975435 31031572 418936 442861 738183 838926 2449812 2401205 3606931 3682992 X 4938849 5953032 1429655 21395548 6368504 27348580 9975435 31031572 489047 20491029 0 X X 0 1 X 1 0 X 2941196 2251452 2702522 6250407 2490415 16635992 224860 182371 138675 93437 22963530 23602873 3166056 2433823 2841197 6343844 25453945 40238865 40238865 15116 2025 1674 23614 3538 45967 21168 25087 14 46269 40331101 18212299 0.99770 0.99360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1501610 1501610 2205903 333708 1872195 1372748 1184024 188724 2052483 1758465 294018 2999153 2296340 702813 4559360 SALES TAX RECEIVABLE 41149 OCCUPANCY RECEIVABLE 21056217 RIGHT OF USE ASSET 24603 21121969 X 30352822 22963530 127999 23091529 7261293 0 7261293 9372746 2472501 127999 2600500 6772246 0 6772246 PART X, LINE 2: MARBLES KIDS MUSEUM IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). IT HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(3) OF THE IRC. IF APPLICABLE, PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES RELATED TO UNRECOGNIZED TAX POSITIONS ARE INCLUDED AS MISCELLANEOUS EXPENSES IN THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THERE WERE NO INTEREST OR PENALTIES RECORDED IN THE FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, RESPECTIVELY. MARBLES' REVENUE FROM IMAX COMMERCIAL MOVIES AND CONCESSIONS ARE CONSIDERED UNRELATED BUSINESS INCOME. MARBLES FILES FEDERAL AND STATE CORPORATE INCOME TAX RETURNS AND RECORDS THE CORRESPONDING INCOME TAX PAYABLE AND EXPENSE FOR TAXES OWED ON THE UNRELATED BUSINESS INCOME IN THE FINANCIAL STATEMENTS. NO PAYMENTS WERE MADE AND NO EXPENSES WERE INCURRED FOR TAX OWED ON UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. MARBLES RECOGNIZES THE TAX BENEFIT FROM A TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. MARBLES HAS ANALYZED ITS TAX POSITIONS TAKEN FOR FILINGS WITH THE IRS. MARBLES BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON MARBLES' FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, MARBLES HAS NOT RECORDED ANY TAX ASSETS OR LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, FOR UNCERTAIN INCOME TAX POSITIONS FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 123,601. LOSS ON DISPOSAL OF ASSETS 4,398. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 123,601. LOSS ON DISPOSAL OF ASSETS 4,398. X X X X X X X 1 CAPITAL DEVELOPMENT SERVICES 915 W 4TH STREET SUITE 100 WINSTON SALEM NC 27101 RESEARCH & ADVICE ON CAPITAL CAMPAIGN 0 0 48465 -48465 48465 -48465 NC BIG IDEA FORUM 64100 56627 7473 10575 20202 6877 IMAGINATION BALL 266964 242124 24840 290 25929 37260 22468 331064 298751 32313 290 36504 57462 29345 123601 -91288 X 4 6046 COST X AUCTION ITEMS 140 70079 COST X SUPPLIES 3 2417 COST 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT AND VP OF FINANCE WILL DO THE INITIAL REVIEW OF THE FORM 990. FINAL REVIEW AND APPROVAL WILL BE WITH THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS ARE ASKED ANNUALLY IF THEY ARE AWARE OF ANY POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OR EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION FOR THE PRESIDENT AND KEY EMPLOYEES. MARBLES RELIES ON SALARY SURVEYS AND RELEVANT INDUSTRY DATA OBTAINED FROM SOURCES SUCH AS THE ASSOCIATION OF CHILDREN'S MUSEUMS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 ALL DISCLOSURES ARE AVAILABLE AT OUR OFFICE AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.