The Learning Funhouse INC FY2023 filing

Tax-deductible

Bird Island, MN501(c)(3)Since 1999Foundations & GrantmakersEIN 41-1930163Revenue $482K in FY2023

On file with the IRSlearningfunhouse.orgPo Box 151, 55310-0151 · Bird Island, MNTax-exempt since Dec 1999Publicly supported — 509(a)(2)

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Operate a daycare center.

501(c)(3) charity; gifts are tax-deductible.
98¢ of each $1 spent went to programs.
$45K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $2K a year · under 1% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
98%
of spending
Looks good: 98% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$45K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$78K
53% of total assets
Fine: liabilities are 53% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$482K
-6% vs prior year
Spent
$459K
To programs
98%
Net assets
$70K
By yearFY2020–FY2025
Revenue
$482K
FY2023▼ -6%
Tap a bar for its year
Revenue by fiscal year
FY2020$394K
FY2021$311K
FY2022$511K
FY2023$482K
FY2024$456K
FY2025$490K
Expenses
$459K
FY2023-0.4%
Tap a bar for its year
Expenses by fiscal year
FY2020$340K
FY2021$394K
FY2022$461K
FY2023$459K
FY2024$494K
FY2025$485K
Net assets
$70K
FY2023▲ +50%
Tap a bar for its year
Net assets by fiscal year
FY2020$80K
FY2021−$4K
FY2022$46K
FY2023$70K
FY2024$32K
FY2025$37K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

98 cents of each dollar spent went to programs.

Program services 98% · $452K Management & general 1% · $3K Fundraising 1% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $45K paid to officers and key staff.

Part VII, Section A · reportable compensation
$44,570Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Miranda Foesch’s $44K as Director is at the 41st percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2023FY2022FY2021FY2020
Baylie Kubesh—$44,570$39,617——
Miranda Foesch$44,305————
Leann Gass———$40,087$3,844
Kera Johnson————$31,822

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

The Learning Funhouse INC is a public foundation based in Bird Island, MN, formed in 1999.

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Provided by the organization

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1 program · $452K · in their own filed words · FY2023
01

The organization operates a daycare center, serving over 60 different families in the community.

$452Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$482K
Ln 12
Fees for servicesLn 2g$375K
Gifts and grantsLn 1h$98K
Other incomeLn 4–11$10K
Money outPt IX
$459K
Ln 25
Programscol B$452K
Managementcol C$3K
Fundraisingcol D$4K
Owns and owesPt X
$70K
net assets · Ln 32
Cash and savingsLn 1–2$53K
Total assetsLn 16$147K
LiabilitiesLn 26$78K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$98K
Government grantsLn 1e$46K
Fees for servicesLn 2g$375K
Investment incomeLn 3$1
Other incomeLn 4–11$10K
Total revenueLn 12$482K
Assets in detailPt X, end of year
CashLn 1$41K
SavingsLn 2$11K
Cash and savings togetherLn 1–2$53K
Land, buildings, equipmentLn 10c$84K
Total assetsLn 16$147K
LiabilitiesLn 26$78K
Net assetsLn 32$70K
OperationsPt I, VI
EmployeesI 524
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$35K$53K
Land, buildings, equipmentLn 10c$78K$84K
Total assetsLn 16$128K$147K
LiabilitiesLn 26$82K$78K
Net assetsLn 32$46K$70K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$45K$45K
Other salaries and wagesLn 7$268K$268K
Other employee benefitsLn 9$10K$10K
Payroll taxesLn 10$24K$24K
Legal feesLn 11b$4K$4K
Advertising and promotionLn 12$458$458
Office expensesLn 13$3K$3K
OccupancyLn 16$24K$24K
InterestLn 20$1K$1K
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$12K$12K
Other expenses (24a–d)Ln 24$61K$57K$4K
All other expensesLn 24e$3K$3K
Total functional expensesLn 25$459K$452K$3K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $490K$485K$5K$37K 990 PDF
FY2024 $456K$494K−$38K$32K 990 PDF
FY2023 Viewing $482K$459K$23K$70K 990 PDF
FY2022 $511K$461K$50K$46K 990 PDF
FY2021 $311K$394K−$83K−$4K 990 PDF
FY2020 $394K$340K$54K$80K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $482,289 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $172,043$97,538
I-9 Program service revenuePrior year $338,760$374,653
I-10 Investment income$1
I-11 Other revenuePrior year $207$10,097
I-12 Total revenuePrior year $511,010$482,289
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $373,408$346,635
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $87,678$112,409
I-18 Total expensesPrior year $461,086$459,044
I-19 Revenue less expensesPrior year $49,924$23,245
Part VI · Governance 5 of 5 board members independent, 3 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $482,289 across 7 lines filed
VIII-1e Government grants$46,163
VIII-1f All other contributions, gifts and grants$51,375
VIII-1h Total contributions, gifts and grants$97,538
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $374,653$374,653
VIII-3 Investment incomeExcluded from tax $1$1
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $10,097$10,097
VIII-12 Total revenueRelated to mission $374,653 · Excluded from tax $10,098$482,289
Part IX · Statement of functional expenses $459,044 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $44,570$44,570
IX-7 Other salaries and wagesPrograms $267,535$267,535
IX-9 Other employee benefitsPrograms $10,235$10,235
IX-10 Payroll taxesPrograms $24,295$24,295
IX-11b Legal feesPrograms $3,505$3,505
IX-12 Advertising and promotionPrograms $458$458
IX-13 Office expensesManagement $3,273$3,273
IX-16 OccupancyPrograms $23,586$23,586
IX-20 InterestPrograms $1,004$1,004
IX-22 Depreciation, depletion and amortizationPrograms $4,738$4,738
IX-23 InsurancePrograms $12,415$12,415
IX-24 Other expenses (24a–d)Programs $56,573 · Fundraising $3,930$60,503
IX-24e All other expensesPrograms $2,927$2,927
IX-25 Total functional expensesPrograms $451,841 · Management $3,273 · Fundraising $3,930$459,044
Part X · Balance sheet $147,059 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $32,814$41,445
X-2 Savings and temporary cash investmentsStart of year $2,597$11,268
X-4 Accounts receivableStart of year $14,306$10,395
X-10c Land, buildings and equipment, netStart of year $78,080$83,951
X-16 Total assetsStart of year $127,797$147,059
X-17 Accounts payable and accrued expensesStart of year $32,287$33,296
X-25 Other liabilitiesStart of year $35,228$30,236
X-26 Total liabilitiesStart of year $81,515$77,532
X-27 Net assets without donor restrictionsStart of year $46,282$69,527
X-32 Total net assets or fund balancesStart of year $46,282$69,527
X-33 Total liabilities and net assetsStart of year $127,797$147,059
Part XI · Reconciliation of net assets $69,527 net assets at year end
XI-1 Total revenue$482,289
XI-2 Total expenses$459,044
XI-3 Revenue less expenses$23,245
XI-4 Net assets at start of year$46,282
XI-10 Net assets at end of year$69,527

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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