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The Discovery Museum Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060740527 ✦ Bridgeport, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Discovery Museum Inc?

The Discovery Museum Inc, located in Bridgeport, Connecticut, serves as an educational hub that fosters curiosity and stimulates learning in science, technology, engineering, and mathematics (STEM) among young learners. With a team of 42 dedicated individuals, the museum develops and delivers high-quality informal science programming, aligning with both national and local education standards. These programs support teachers in achieving their science learning objectives through various in-house, outreach, and professional development initiatives. The Discovery Museum offers a diverse range of STEM learning experiences, including interactive exhibits, demonstrations, learning labs, a space exploration simulation, planetarium shows, and summer STEM programs, catering to young learners aged 5-14. The institution's mission is to ignite creativity and inspire a lifelong love for STEM learning in its visitors, serving as a valuable resource within the community.


Official website here: www.shudiscovery.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The Discovery Museum Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The charity's overall score is derived from a single beacon focused on Accountability & Finance, indicating a strong commitment to transparency and responsible management of resources.

The organization showcases several strengths, including a fully independent board with a majority of members, robust financial oversight, and comprehensive policies in place, such as conflict of interest and whistleblower policies. The museum also demonstrates effective financial management, with a program expense ratio of over 75%, indicating that a significant portion of its expenditures is directed towards its mission-driven programs.

While the rating highlights the organization's financial integrity and governance, it does not detail the specific impact of its programs or community engagement efforts. Despite this limitation, the high score in accountability suggests that donors can trust The Discovery Museum Inc to utilize contributions effectively and ethically.


This AI summary has been generated from information found on Charity Navigator.

Is The Discovery Museum Inc legitimate?

The Discovery Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Discovery Museum Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,092,780

For more financial information, click here


Official website here: www.shudiscovery.org

What is the mission statement of The Discovery Museum Inc?

The Discovery Museum Inc's mission is centered around engaging, exciting, and educating young learners, primarily aged 5-14, in the fields of science, technology, engineering, and mathematics (STEM). They achieve this through a variety of experiences and programs, including gallery-based exploration, demonstrations, learning labs, space exploration simulations, planetarium shows, and summer STEM programs. The aim is to inspire a lifelong love for STEM learning by igniting creativity and wonder. The museum also partners with schools and offers programs for families, mentors, and social groups outside of school hours.


Official website here: www.shudiscovery.org

What is the revenue of The Discovery Museum Inc?

The Discovery Museum Inc's revenue in 2024 was $1,992,079.


Official website here: www.shudiscovery.org

Who are the executives of The Discovery Museum Inc and what are their salaries?

The average compensation at The Discovery Museum Inc during 2024 was $15,958. There are 76 employees and 250 volunteers at The Discovery Museum Inc.

Here are 12 key members and their salaries:


Erika Eng (Executive Dir.)
  • Compensation: $118,692
  • Related: $0
  • Other: $4,604
Vance Hanckck Esq (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael P Alfano (Co-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Davidson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mahoney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Servino (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ani Chaghatzbanian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Ward (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Panza (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Zieff Cpa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Moss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Jani Pallis Phd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shudiscovery.org

Where can I find the form 990 for The Discovery Museum Inc?

The Discovery Museum Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.shudiscovery.org

Learn more at the official website: www.shudiscovery.org

Mission Statement of The Discovery Museum Inc

The Discovery Museum Inc is committed to captivating, stimulating, and educating young learners through immersive experiences and programs that foster a lifelong fascination with science, technology, engineering, and mathematics (STEM). This nonprofit organization primarily serves children aged 5 to 14, connecting with them through their teachers, classmates, or families during school hours, as well as outside of school during weekends, vacations, or summer breaks. The Discovery Museum offers a wide array of STEM learning opportunities, including unguided exploration of STEM-focused temporary and permanent exhibits, over 80 demonstrations and learning labs, a space exploration simulation, planetarium shows, and a comprehensive 7-week summer program. These experiences aim to ignite creativity and curiosity in young learners, serving as the foundation for a lifelong love of STEM learning.

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Impact




July, 2024

The Discovery Museum Inc's impact is significant in engaging, exciting, and educating young learners through STEM experiences and programs that spark creativity and wonder. By providing a diverse range of STEM learning opportunities, including interactive exhibits, demonstrations, planetarium shows, and space exploration simulations, the museum helps children develop a lifelong love for science, technology, engineering, and mathematics. Additionally, their efforts to support classroom teachers and enhance science literacy in the community further underscore their commitment to fostering a passion for STEM among young learners aged 5-14.




This information is meant to be a general summary of The Discovery Museum Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,992,079 (2024)
Expenses
$2,528,452 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $33,501
  • Program Service Revenue: $644,466
  • Gross Receipts: $3,064,341

Assets and Liabilities:

  • Total Assets: $6,689,030
  • Total Liabilities: $1,097,638
  • Net Assets: $5,591,392

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Admissions

Revenue

$264,115

Education Programs

Revenue

$380,351

Organization Details

Founding Year

1958

Principal Officer

David Zieff

NTEE Category

Code: A500 - Arts

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