Kidstream EIN 81-3055601

Kidstream FY2022 filing

EIN  81-3055601 Public charity (501(c)(3)) Camarillo, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Verified accurate 8/26/26 · see original filing: IRS
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Size
$1–10M
What they do
Inspires children to explore, play, and discover through interactive exhibits and programs.
Leadership
Michael Shanklin · Employee · $156K
Money in and out
$2.4M revenue, $379K expenses
Bottom line
78% program efficiency

Inspires children to explore, play, and discover through interactive exhibits and programs. For fiscal year 2022 it reported $2.4M in revenue, $379K in expenses, and $2.5M in net assets.Pt I

Where the money goes · FY2022
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$379K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $2.0M
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.10 Fundraising $0.12
Program efficiency
78%
of spending reaches programs
Surplus margin
+84%
revenue over expenses, this year
Donor-funded
100%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$2.4M
FY2022▲ +372%
Expenses
$379K
FY2022▲ +60%
Total assets
$2.5M
FY2022▲ +438%
Total liabilities
$21K
FY2022
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$379K
Pt IX · Ln 25
Net assets
$2.5M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$2.0M
Total assetsPt X · Ln 16$2.5M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $295K of program spending, described in the organization's own filed words · FY2022.
01

Educational Programming

kidSTREAM provided live and virtual hands on Science, Technology, Reading, Engineering, Arts and Math (STREAM) learning opportunitites to children and families that encourage children to stretch their imaginations and develop their creative minds.

$295Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKidstream
EINHdr · item D81-3055601
Principal addressHdr · item CCamarillo, CA
WebsiteHdr · item Jwww.kidstream.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A52)
Ruling yearIRS BMFJan 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$156,250Pt VII · Sec A
Vice President of Finance
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Shanklin’s $176K as Employee is at the 77th percentile of top reported officer pay among 3916 $1–10M arts & culture 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

NameFY2024FY2023FY2022
Michael Shanklin$176,419$175,105$156,250
Jacy Yu$102,314$95,347
Danielle Hildreth$53,712
Shahrzad Ehya$44,394

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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Statement of Revenue

Part VIII
Contributions & grants100%$2.4M
Investment income$726
Total revenueLn 12$2.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.10 Fundraising $0.12
Program services78%$295K
Management & general10%$38K
Fundraising12%$46K
Total functional expensesLn 25$379K

Balance Sheet

Part X · end of year
CashLn 1$720K
Total assetsLn 16$2.5M
Total liabilitiesLn 26$21K
Total net assetsLn 32$2.5M
Months of cash on handcomputed22.8

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $720K · Operating expenses (Pt IX) $379K · Less non-cash grants $1.2M · Cash operating expenses/yr $-787K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $295K · Total expenses $379K
78%
Management & General
Management & general $38K · Total expenses $379K
10%
Fundraising
Fundraising $46K · Total expenses $379K
12%
Cost to raise $1
Fundraising expense (3-yr avg) $33K · Solicited contributions (3-yr avg) $1.1M
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.4M · Total revenue $2.4M
100%
Government reliance
Government grants — · Total revenue $2.4M
Earned-income share
Program service revenue $0 · Total revenue $2.4M
0%
Investment reliance
Investment income $726 · Total revenue $2.4M
+0.03%
Program self-sufficiency
Program service revenue $0 · Total expenses $379K
0%
Growth & trend
Revenue growth (YoY)
This year $2.4M · Prior year $513K
+372%
Net-asset trend (YoY)
End of year $2.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.4M · Expenses $379K
+84%
Liabilities-to-Assets
Total liabilities — · Total assets $2.5M
Net-asset ratio
Net assets $2.5M · Total assets $2.5M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.5M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Michael Shanklin · Reported title Employee · Highest reported compensation $156K · Total expenses $379K
41%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $204K · Total expenses $379K
54%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 10%
Fundraising cost ratio 2%
Revenue growth 372%
Accounting fee ratio 0.09%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$3.9M revenue · ⤓ 990 PDF
FY2023$1.4M revenue · ⤓ 990 PDF
FY2022$2.4M revenue · viewing · ⤓ 990 PDF
FY2021$513K revenue · ⤓ 990 PDF
FY2020$303K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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