Thanksgiving Point
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Thanksgiving Point meets the 20 Standards for Charity Accountability.
Stated Purpose:
"Thanksgiving Point Institute is a 501(c)(3) nonprofit farm, garden, and museum complex that draws upon the natural world to cultivate transformative family learning."
Year, State Incorporated:
1997, UT
Also Known As:
Thanksgiving Point Institute, Inc
Thanksgiving Point Institute serves more than 2 million visitors each year in a Museum of Ancient Life, Museum of Natural Curiosity, Farm Country, Butterfly Biosphere, and Ashton Gardens. Also, educational programs for families emphasize hands-on learning using the scientific process. Because admissions and other revenues cover administrative and fundraising expenses, 100% of donations support educational programs.
For the year ended February 29, 2024, Thanksgiving Point's program expenses were:
| Programs | $29,517,145 |
| Total Program Expenses | $29,517,145 |
Chief Executive
McKay Christensen, President/CEO
Chair of the Board
Alan Ashton, Community Volunteer
Chair's Profession / Business Affiliation
Board Size
9
Paid Staff Size
433
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Thanksgiving Point's audited financial statements for the year ended February 29, 2024.
Source of Funds
| Visitor Services | $10,596,806 |
| Venue Admissions | $10,519,525 |
| Grants and Contributions | $10,004,601 |
| Membership | $7,881,570 |
| Sponsorships | $2,614,085 |
| Rental Income | $1,651,959 |
| Investment Income | $1,229,013 |
| In-Kind Contributions | $1,210,741 |
| Education | $558,416 |
| Other Income | $324,667 |
| Total Income | $46,591,383 |
Programs: 85% Fundraising: 4% Administrative: 11%
| Total Income | $46,591,383 |
| Total expenses: | $34,595,229 |
| Program expenses | $29,517,145 |
| Fundraising expenses | $1,371,675 |
| Administrative expenses | $3,706,409 |
| Other expenses | $0 |
| Income in Excess of Expenses | $11,996,154 |
| Beginning Net Assets | $83,354,218 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $95,350,372 |
| Total Liabilities | $8,974,599 |
| Total Assets | $104,324,971 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
