2025-05-02T12:32:30-05:00 2024-06-30 520982413 GROSS MENDELSOHN & ASSOCIATES PA 1801 PORTER STREET SUITE 500 BALTIMORE MD 21230 990 2023-07-01 521806933 THE BALTIMORE CHILDREN'S MUSEUM INC BALT 4107278120 35 MARKET PLACE BALTIMORE MD 21202 CARTER POLAKOFF PRESIDENT & CEO 4107278120 2025-05-02 1 1 JENNIFER ROCK P01083312 4106855512 2025-04-02 2023 2025-03-06 01:10:19Z PORT DISCOVERY CHILDREN'S MUSEUM CARTER POLAKOFF 35 MARKET PLACE BALTIMORE MD 21202 6868991 0 X WWW.PORTDISCOVERY.ORG X 1993 MD PORT DISCOVERY CHILDREN'S MUSEUM CONNECTS PURPOSEFUL PLAY AND LEARNING WITHIN ITS WALLS AND BEYOND. 30 30 89 20 0 0 4062276 3620257 2723038 3040927 89887 112071 299268 -67860 7174469 6705395 0 0 0 0 3013547 3364573 0 0 520292 2833347 2880230 5846894 6244803 1327575 460592 21082647 22630188 1776249 2742414 19306398 19887774 X PORT DISCOVERY CHILDREN'S MUSEUM'S MISSION IS TO CONNECT PURPOSEFUL PLAY AND LEARNING WITHIN ITS WALLS AND BEYOND. 0 0 4585110 3040927 LOCATED IN BALTIMORE'S HISTORIC FISH MARKET BUILDING IN THE INNER HARBOR, PORT DISCOVERY IS AN 80,000 SQUARE-FOOT CHILDREN'S MUSEUM OFFERING THREE FLOORS OF INTERACTIVE EXHIBITS, LEARNING SPACES, AND TRAVELING EXHIBITIONS. SINCE OPENING, WE HAVE SERVED OVER 5 MILLION VISITORS AS ONE OF THE MID-ATLANTIC REGION'S LEADING CHILDREN'S MUSEUMS. PORT DISCOVERY'S EXHIBITS, EXPERIENCES, AND PROGRAMS ENCOURAGE CHILDREN TO USE THEIR IMAGINATIONS, EXPLORE HOW THINGS WORK, BUILD CONFIDENCE, AND LEARN AND PRACTICE SOCIAL AND EMOTIONAL SKILLS. WE DO THIS WORK IN THE FOLLOWING BROAD CATEGORIES:(SEE SCHEDULE O FOR CONTINUATION)PROVIDING ACCESS FOR ALL: PORT DISCOVERY OFFERS FREE AND REDUCED ADMISSION TO MARYLAND SCHOOL STUDENTS, LOW-INCOME FAMILIES, AND MILITARY FAMILIES THROUGH PROGRAMS SUCH AS PLAYMAKERS, COMMUNITY DAYS, AND SALUTE THE TROOPS. ADDITIONALLY, ACCESS INCLUDES TRAINING STAFF AND IMPROVING FACILITY CAPACITY TO SERVE FAMILIES WITH SPECIFIC DISABILITIES AND EDUCATIONAL NEEDS.INNOVATIVE EXHIBITS: PORT DISCOVERY'S EXHIBITS AND EXPERIENCES ARE DESIGNED FOR HANDS-ON EXPLORATION. FROM TINY'S DINER AND WONDERS OF WATER TO OUR SIGNATURE CORE EXPERIENCE - THE S.S. FRIEND SHIP! - CHILDREN CAN LOAD GOODS, SIT IN THE CAPTAIN'S SEAT, ACTIVATE THE ENGINES, WORK A GANTRY CRANE, AND READ ABOUT THE PORT OF BALTIMORE THROUGH EDUCATIONAL TEXT AND MARKERS. AS A SITE DEVOTED TO SERVING CHILDREN AND FAMILIES, PORT DISCOVERY IS OFTEN THE FIRST TIME THAT OUR YOUNGEST LEARNERS EXPERIENCE LOCAL HISTORY AND BEGIN LEARNING ABOUT BALTIMORE'S NOTABLE HERITAGE.EDUCATIONAL PROGRAMS: THIS PROGRAMMING INCLUDES ARTS- AND SCIENCE-BASED WORKSHOPS, NATURE-BASED LEARNING OPPORTUNITIES, ENGAGEMENT THROUGH THE ARTS, AND VIRTUAL PROGRAMS THAT INVITE CHILDREN INTO A RANGE OF SUBJECTS FROM MARYLAND'S HISTORIC LIGHTHOUSES TO THE LIFE OF A BUMBLEBEE. ON AVERAGE, THE MUSEUM SERVES OVER 30,000 STUDENTS ANNUALLY, WITH 40% OF THOSE REPRESENTING TITLE I SCHOOLS.MULTI GENERATIONS AT PLAY INITIATIVE: THIS SUITE OF PROGRAMS PROVIDES RESOURCES TO THOSE WHO HOLD THE MOST IMPORTANT ROLE IN THE HEALTHY DEVELOPMENT AND WELL-BEING OF MARYLAND'S YOUNG CHILDREN: PARENTS, CAREGIVERS, AND EDUCATORS. PROGRAMMING INCLUDES FATHERS AT PLAY AND PARENTS AT PLAY, BOTH OF WHICH EMPOWER PARENTS THROUGH PURPOSEFUL PLAY STRATEGIES AND PEER LEARNING; AND PROFESSIONALS AT PLAY, WHICH SUPPORTS OUR EARLY CHILDHOOD WORKFORCE ACROSS VARIOUS SETTINGS THROUGHOUT THE STATE.THE MUSEUM RECEIVED DONATED LOBBYING SERVICES VALUED AT $18,000 AND RENT VALUED AT $48,000. OTHER INDIVIDUALS, WHOSE SERVICES WERE NOT VALUED BECAUSE THEY COULD NOT BE MEASURED OBJECTIVELY, VOLUNTEERED APPROXIMATELY 1,200 HOURS OF THEIR TIME. 4585110 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 89 1 1 1 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X X CARTER POLAKOFF 4107278120 35 MARKET PLACE BALTIMORE MD 21202 DENNIS F RASMUSSEN CHAIRMAN 3.00 X X 0 0 0 MONICA BRANDES TREASURER 2.00 X X 0 0 0 MARK POLLAK SECRETARY 2.00 X X 0 0 0 TERI GUARNACCIA DIRECTOR 0.50 X 0 0 0 STEPHEN CANARAS DIRECTOR 0.50 X 0 0 0 HOLLY CARNEVALE DIRECTOR 0.50 X 0 0 0 ANGELA CELESTIN DIRECTOR 0.50 X 0 0 0 SAL DHANANI DIRECTOR 0.50 X 0 0 0 TODD GUSTIN DIRECTOR 0.50 X 0 0 0 ASHLEY HATTER DIRECTOR 0.50 X 0 0 0 JEFFREY GRAHAM DIRECTOR 0.50 X 0 0 0 CLAUDIA JOLIN DIRECTOR 0.50 X 0 0 0 PATRICIA HOGE DIRECTOR 0.50 X 0 0 0 SHANTELL ROBERTS DIRECTOR 0.50 X 0 0 0 THOMAS PILKERTON III DIRECTOR 0.50 X 0 0 0 BRICE PHILLIPS DIRECTOR 0.50 X 0 0 0 MELANIE PERREAULT DIRECTOR 0.50 X 0 0 0 WILLIAM PALMER DIRECTOR 0.50 X 0 0 0 ANNIE BROWN DIRECTOR 0.50 X 0 0 0 DOUGLAS BECKER DIRECTOR 0.50 X 0 0 0 CHAD LANE DIRECTOR 0.50 X 0 0 0 STEVEN A SINGH DIRECTOR 0.50 X 0 0 0 DOMINIQUE KELLY DIRECTOR 0.50 X 0 0 0 ANTHONY V IMBRAGUGLIO DIRECTOR 0.50 X 0 0 0 DANA HENSON DIRECTOR 0.50 X 0 0 0 ERNESTINE CHAMBERS DIRECTOR 0.50 X 0 0 0 ALEXIS THOMPSON DIRECTOR 0.50 X 0 0 0 MARY ZOLET DIRECTOR 2.00 X 0 0 0 CARTER POLAKOFF PRESIDENT & CEO 40.00 X 160062 0 30368 RACHEL DEMMA VP OF EDUCATION AND LEARNING 40.00 X 119436 0 7892 BONNIE NOLAN FORMER CFO 40.00 X 109458 0 13545 KAYLEIGH KEILTY DIRECTOR 0.50 X 0 0 0 RANDY GUTTMAN DIRECTOR 0.50 X 0 0 0 388956 0 51805 3 1 1 0 0 64500 272457 2113081 1170219 2418 3620257 ADMISSIONS 900099 2243348 2243348 MEMBERSHIPS 900099 604506 604506 PROGRAM FEES 900099 193073 193073 3040927 112071 112071 43950 0 43950 43950 43950 28911 272457 163596 -134685 -134685 OTHER INCOME 900099 22875 22875 22875 6705395 3040927 0 44211 466040 207752 199672 58616 2420458 1714338 406544 299576 85082 60826 14544 9712 173656 131571 21920 20165 219337 150044 41756 27537 53847 53847 95809 81 41720 54008 154047 151453 2594 30888 7699 16648 6541 79721 58528 14620 6573 515564 495514 14135 5915 1064 186 878 1330602 1290684 26612 13306 104045 91068 12977 EXHIBITS AND PROGRAMS 337212 337212 CREDIT CARD COMMISSIONS 107238 19508 84199 3531 MISCELLANEOUS EXPENSES 70193 20099 37876 12218 6244803 4585110 1139401 520292 552352 339759 1580589 3725536 1806401 687570 40555 2425 42492 12978 35489741 18719036 16092076 16770705 968182 1065110 0 26105 21082647 22630188 1349005 467754 427244 2247130 0 27530 1776249 2742414 X 17428598 18131321 1877800 1756453 19306398 19887774 21082647 22630188 460592 120784 0 X X 0 1 X 1 0 X 2685270 4537544 3244363 4434254 4224763 19126194 2685270 4537544 3244363 4434254 4224763 19126194 722930 18403264 71387 25325 31159 63216 156021 347108 3474 663 1343 12844 18324 21025 8931 18163 3039 10031 61189 19552815 8311127 0.94120 0.96180 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: VENDING - 2019 AMOUNT: $ 6,025. 2020 AMOUNT: $ 5,325. 2021 AMOUNT: $ 6,231. 2022 AMOUNT: $ 0. OTHER INCOME - 2019 AMOUNT: $ 15,000. 2020 AMOUNT: $ 3,606. 2021 AMOUNT: $ 11,932. 2022 AMOUNT: $ 3,039. 2023 AMOUNT: $ 10,031. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART I-A, LINE 1: NO POLITICAL CAMPAIGN ACTIVITIES ARE CONDUCTED PART II-B, LINE 1: NO COSTS WERE INCURRED IN REGARD TO LEGISLATION TO PROVIDE FINANCIAL SUPPORT FOR SUBSIDIZED TICKETS AND CAPITAL EXPENDITURES DURING THE YEAR ENDED JUNE 30, 2024. 968182 146706 49778 1065110 923085 77308 92857 125068 968182 1079633 -105951 50597 923085 1134342 200291 255000 1079633 2118326 25000 53761 1062745 1134342 1.00000 0 0 24081946 10674562 13407384 1138776 1058916 79860 10269019 6985558 3283461 16770705 OPERATING LEASE LIABILITIES 27530 27530 X 7055775 120784 66000 186784 6868991 -163596 -163596 6705395 6474399 66000 163596 229596 6244803 0 6244803 PART V, LINE 4: THE BOARD DESIGNATED ENDOWMENT FUND IS RESTRICTED FOR GENERAL OPERATIONS OF THE MUSEUM. PART X, LINE 2: THE MUSEUM HAD NO LIABILITY FOR UNCERTAIN TAX POSITIONS. THE MUSEUM'S FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS AND STATE TAX AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS - EXPENSES -163,596. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS - EXPENSES 163,596. PLAY IT FORWARD 280267 261918 18349 200 74025 43019 8330 HOPS AND VINES 21101 10539 10562 114 3742 1180 4478 2 67 1669 2257 24515 301368 272457 28911 381 79436 46456 37323 163596 -134685 X X X X 0 0 0 0 0 0 0 0 0 CARTER POLAKOFF PRESIDENT & CEO 160062 0 0 0 0 0 6402 0 23966 0 190430 0 0 0 BONNIE NOLAN FORMER CFO 109458 0 0 0 0 0 1177 0 12368 0 123003 0 0 0 PART I, LINE 3 SEE SCHEDULE O FOR PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED IN DETAIL AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD. THE DRAFT IS ALSO SENT TO ALL OTHER BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS ARE ASKED TO COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. COMPLETION OF THE FORM IS MONITORED BY THE STAFF, AND WITH ACTION REFERRED TO THE BOARD IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT & CEO IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD, OR SUCH OTHER COMMITTEE THAT THE EXECUTIVE COMMITTEE MIGHT DESIGNATE. THE COMMITTEE REVIEWS COMPARABILITY DATA WHEN DETERMINING COMPENSATION. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION IS PREPARED, AND IS MAINTAINED BY HUMAN RESOURCES. THE COMPENSATION OF OTHER KEY EMPLOYEES IS SET BY THE PRESIDENT & CEO, SUBJECT TO APPROVAL BY THE EXECUTIVE COMMITTEE OF THE BOARD, OR SUCH OTHER COMMITTEE THAT THE EXECUTIVE COMMITTEE MIGHT DESIGNATE. THE PRESIDENT & CEO AND THE COMMITTEE REVIEW COMPARABILITY DATA WHEN DETERMINING COMPENSATION. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION IS PREPARED, AND IS MAINTAINED BY HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. GOVERNING DOCUMENTS ARE AVAILABLE FROM THE ORGANIZATION UPON REQUEST. PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.