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Discovery Park Of America Inc

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

EIN: 262726861 ✦ Union city, TN ✦ Designated as a 501(c)(3)

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Overview

What is Discovery Park Of America Inc?

Discovery Park of America Inc, situated in Union City, Tennessee, functions as a distinguished nonprofit organization. Their primary mission is to serve the public as a leading museum and educational institution. They collect, preserve, and showcase significant artistic, cultural, historical, and scientific artifacts, exhibits, and works, with a special focus on celebrating Northwest Tennessee's unique cultural heritage and natural history. The organization's activities aim to assemble, display, and protect these items to enrich the human experience, providing an educational and engaging experience for the public. With a team of 202 dedicated individuals, Discovery Park of America Inc strives to contribute to the community by sharing knowledge and fostering appreciation for various aspects of human history and culture.


Official website here: www.discoveryparkofamerica.com

What are the reviews and ratings of this charity?

Discovery Park Of America Inc has received a Three-Star out of Four Star rating from Charity Navigator with an overall score of 77%. This rating derives entirely from their Accountability & Finance assessment. Although the score reflects solid financial practices, certain administrative policies such as whistleblower policy and document retention are marked as missing. Despite these gaps, the organization incorporates a fully independent board and comprehensive financial audits.

The strength of Discovery Park Of America Inc lies in its financial stewardship, particularly in its program expense and fundraising efficiency ratios. A program expense ratio of 90% indicates a strong dedication to its mission by allocating a high percentage of funds directly to programs. Additionally, a commendable working capital ratio signifies a stable financial status, ensuring the organization's sustainability.

However, limitations are evident in some areas, notably the liabilities to assets ratio which scored poorly. Critical governance policies also lack full implementation, impacting their accountability score negatively. While their financials are transparent, the absence of user reviews means we lack public sentiment or personal testimonials to enrich the evaluation further.


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

Is Discovery Park Of America Inc legitimate?

Discovery Park Of America Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Discovery Park Of America 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,622,820

For more financial information, click here


Official website here: www.discoveryparkofamerica.com

What is the mission statement of Discovery Park Of America Inc?

Discovery Park of America Inc. is committed to serving the public as a leading museum and educational institution. Their mission is to collect, preserve, and showcase significant and intriguing artistic, cultural, historical, and scientific items, collections, works, and exhibits. These exhibits celebrate the human experience, with a particular focus on Northwest Tennessee's unique cultural heritage and natural history. By doing so, they aim to enrich the public's understanding and appreciation of various aspects of human history and nature.


Official website here: www.discoveryparkofamerica.com

Who is the CEO of Discovery Park Of America Inc?

Robert Scott Williams is the President/Ce of Discovery Park Of America Inc.


Official website here: www.discoveryparkofamerica.com

What is the revenue of Discovery Park Of America Inc?

Discovery Park Of America Inc's revenue in 2022 was $11,484,473.


Official website here: www.discoveryparkofamerica.com

Who are the executives of Discovery Park Of America Inc and what are their salaries?

The average compensation at Discovery Park Of America Inc during 2022 was $12,984. There are 202 employees and 50 volunteers at Discovery Park Of America Inc.


Here are 20 key members and their salaries:


Robert Scott Williams (President/Ce)
  • Compensation: $267,805
  • Related: $0
  • Other: $0
Johnny Bacon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Billingsley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Carr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Cartwright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Carver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael E Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred H Creswell (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alice Fennel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lindsay Frilling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Grace Gary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Hailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Wilton Wade Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Taylor Joiner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bennie Mcguire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Shanks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Sinclair (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Ann Tanner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.discoveryparkofamerica.com

Where can I find the form 990 for Discovery Park Of America Inc?

Discovery Park Of America Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.discoveryparkofamerica.com

Learn more at the official website: www.discoveryparkofamerica.com

Mission Statement of Discovery Park Of America Inc

Discovery Park of America Inc is committed to serving the public as a leading museum and educational institution. Their mission is to collect, display, preserve, and protect significant and intriguing artistic, cultural, historic, and scientific items, collections, works, and exhibits. This endeavor is dedicated to celebrating the human experience, with a particular focus on Northwest Tennessee's unique cultural heritage and natural history. By doing so, Discovery Park of America Inc aims to provide a premier educational experience for the public, enriching their understanding of the world and promoting lifelong learning.

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Impact




October, 2024

Discovery Park of America Inc. serves as a vital cultural and educational resource in Union City, Tennessee, significantly impacting the community and the broader region. The park's commitment to assembling, displaying, preserving, and protecting artistic, cultural, historic, and scientific collections fosters a rich understanding of the human experience. Through its exhibits and programs, it celebrates the unique cultural heritage and natural history of Northwest Tennessee, making this heritage accessible to the public.

By engaging visitors with thought-provoking installations and educational initiatives, Discovery Park enhances awareness of local history and science, encourages lifelong learning, and inspires curiosity in individuals of all ages. The park's role as a premier museum also promotes tourism, contributing to the local economy and helping to position Union City as a destination for cultural enrichment. Overall, Discovery Park of America Inc. plays a crucial role in preserving history, fostering education, and enhancing the community’s cultural landscape.




This information is meant to be a general summary of Discovery Park Of America 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
$11,484,473 (2022)
Expenses
$7,793,070 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,183,083
  • Gross Receipts: $12,049,072

Assets and Liabilities:

  • Total Assets: $87,193,202
  • Total Liabilities: $67,289,677
  • Net Assets: $19,903,525

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Programs

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

GEN ADM TAXABLE REVENUE

Revenue

$1,073,849

EVENT REVENUE

Revenue

$279,171

MEMBERSHIP REVENUE

Revenue

$226,205

ATTRACTIONS TAXABLE

Revenue

$225,967

FACILITY RENTAL

Revenue

$208,328

Organization Details

Founding Year

2008

Principal Officer

Robert Scott Williams

Main Address

624 E REELFOOT AVE, UNION CITY, TN, 38261

NTEE Category

Code: A50 - Arts

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