Overview
What is Discovery World Ltd?
Discovery World Ltd, located in Milwaukee, Wisconsin, is a nonprofit organization that fosters education and innovation. Their primary focus is to engage the public with scientific, economic, and technological exhibits through interactive programs such as tours, camps, and workshops. The organization's mission is to inspire and motivate the entrepreneurs and innovators of the 21st century, bridging the gap between innovation, science, technology, exploration, environment, and the Great Lakes freshwater resources. With a team of 153 dedicated individuals, Discovery World Ltd provides an immersive and enlightening experience, encouraging a passion for learning and discovery.
Official website here: www.discoveryworld.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Star rating)
Discovery World Ltd has received an impressive Four-Star rating from Charity Navigator, reflecting its high performance across various operational benchmarks. The organization's Accountability & Finance score stands out at 100%, indicating strong financial management and transparency. Additionally, the organization demonstrates a commitment to community involvement and ethical governance, as evidenced by its perfect scores in leadership adaptability and culture.
The nonprofit's strengths include a fully independent board and robust financial oversight practices, which contribute to its overall stability. With a Program Expense Ratio of over 77%, the majority of its financial resources are directed towards mission-related activities. Furthermore, Discovery World Ltd excels in gathering and utilizing constituent feedback to enhance its programs, ensuring that the voices of those it serves are heard and incorporated into its operations.
While the rating is predominantly positive, it's important to consider the relatively lower scores in areas like leadership and community culture, which, although still strong, indicate opportunities for further growth. Overall, Discovery World Ltd appears to be a well-managed organization with a clear focus on accountability and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Discovery World Ltd legitimate?
Discovery World Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Discovery World Ltd 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: $673,367
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,902,833
For more financial information, click here
Official website here: www.discoveryworld.org
What is the mission statement of Discovery World Ltd?
Discovery World Ltd's mission is to stimulate, motivate, and encourage innovators and entrepreneurs of the 21st century. They achieve this by bridging the gap between innovation, science, technology, exploration, environment, and the Great Lakes' freshwater resources. This is done through interactive exhibits and experimental learning programs, which engage the public and provide them with opportunities to engage with scientific, economic, and technological displays. The organization offers various educational programs, camps, and tours to the general public.
Official website here: www.discoveryworld.org
Who is the CEO of Discovery World Ltd?
Bryan Wunar is the CEO of Discovery World Ltd The CEO's salary of Discovery World Ltd is $205,380 and their total compensation is $232,139.
Official website here: www.discoveryworld.org
What is the revenue of Discovery World Ltd?
Discovery World Ltd's revenue in 2023 was $7,505,313.
Official website here: www.discoveryworld.org
Who are the executives of Discovery World Ltd and what are their salaries?
The average compensation at Discovery World Ltd during 2023 was $21,543. There are 166 employees and 340 volunteers at Discovery World Ltd.
Here are 50 key members and their salaries (Discovery World Ltd's CEO's salary is $205,380 and their total compensation is $232,139):
- Compensation: $205,380
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Official website here: www.discoveryworld.org
Where can I find the form 990 for Discovery World Ltd?
Discovery World Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.discoveryworld.org
Learn more at the official website: www.discoveryworld.org
Mission Statement of Discovery World Ltd
Discovery World Ltd, a renowned organization, is committed to educating, motivating, and inspiring the innovators and entrepreneurs of the 21st century. Its mission is to foster a connection between innovation, science, and technology, and explore themes such as environment and Great Lakes freshwater resources. This is accomplished through the use of interactive exhibits and experimental learning programs, providing an engaging and hands-on experience for visitors. By doing so, Discovery World Ltd aims to spark curiosity and encourage a passion for discovery and innovation among its visitors.
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Impact
July, 2024
Discovery World Ltd's impact lies in its dedication to educating, motivating, mobilizing, and inspiring the innovators and entrepreneurs of the 21st century. Through interactive exhibits, experimental learning programs, educational programs, camps, and tours, Discovery World provides the public with the opportunity to engage with scientific, economic, and technological displays. By connecting innovation, science, and technology with exploration, the environment, and the Great Lakes freshwater resources, Discovery World fosters a deeper understanding and appreciation for these areas. Through its efforts, Discovery World is contributing to the development of future innovators and entrepreneurs while promoting education and exploration.
This information is meant to be a general summary of Discovery World Ltd. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $313,592
- Program Service Revenue: $4,235,971
- Gross Receipts: $9,245,753
Assets and Liabilities:
- Total Assets: $51,410,712
- Total Liabilities: $2,682,937
- Net Assets: $48,727,775
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP INCOME
Revenue
$766,335
CAMPS
Revenue
$499,270
ADMISSIONS
Revenue
$2,248,806
EDUCATIONAL AND SUPPORTING PROGRAMS
Revenue
$721,560
Organization Details
Founding Year
2004
Principal Officer
Bryan Wunar
Website
www.discoveryworld.orgNTEE Category
Code: B300 - Education
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