Overview
What is Exploration Place Inc?
Exploration Place Inc, located in Wichita, Kansas, serves as a dynamic learning environment for individuals of all ages. With an approximate annual attendance of 363,047, the nonprofit organization offers a unique blend of science and technology education through engaging, enjoyable experiences. Their mission is to foster a deeper interest in these subjects, emphasizing creativity and fun. The organization employs a dedicated team of 114 individuals, ensuring a seven-day-week operation to cater to visitors' needs.
Official website here: www.exploration.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
Exploration Place Inc received a solid Three-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The organization demonstrates a strong commitment to transparency with 100% of its board members being independent, as well as having well-defined policies for conflict of interest, whistleblowing, and document retention.
The financial health of Exploration Place is robust, evidenced by a low liabilities to assets ratio of 3.03%. Furthermore, the organization invests a significant portion of its budget into programs, indicated by a program expense ratio of 63.54%. However, this ratio could be improved as it is slightly below the optimal target, which may suggest room for enhancing programmatic spending relative to total expenses.
While the overall score is impressive, the program expense ratio indicates that Exploration Place could better allocate resources to its direct programs. Continuous improvement in this area could further strengthen its mission impact and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Exploration Place Inc legitimate?
Exploration Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Exploration Place 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: $251,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,491,294
For more financial information, click here
Official website here: www.exploration.org
What is the mission statement of Exploration Place Inc?
Exploration Place Inc's mission is centered around inspiring a deeper interest in science and technology. They achieve this goal by providing engaging and enjoyable experiences for individuals of all ages. The organization's approach is hands-on, allowing visitors to learn and interact with various scientific concepts in a fun and interactive manner. With a commitment to accessibility, Exploration Place Inc's museum is open seven days a week, attracting approximately 363,047 visitors annually.
Official website here: www.exploration.org
Who is the CEO of Exploration Place Inc?
Adam Smith is the President/Ceo of Exploration Place Inc. The CEO's salary of Exploration Place Inc is $152,601 and their total compensation is $173,284.
Official website here: www.exploration.org
What is the revenue of Exploration Place Inc?
Exploration Place Inc's revenue in 2023 was $6,518,102.
Official website here: www.exploration.org
Who are the executives of Exploration Place Inc and what are their salaries?
The average compensation at Exploration Place Inc during 2023 was $24,059. There are 114 employees and 139 volunteers at Exploration Place Inc.
Here are 29 key members and their salaries (Exploration Place Inc's CEO's salary is $152,601 and their total compensation is $173,284):
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Official website here: www.exploration.org
Where can I find the form 990 for Exploration Place Inc?
Exploration Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.exploration.org
Learn more at the official website: www.exploration.org
Mission Statement of Exploration Place Inc
Exploration Place Inc, a nonprofit organization, is dedicated to igniting a deeper fascination in science and technology. They accomplish this objective by offering engaging and entertaining experiences. The primary mission of Exploration Place Inc is to stimulate an interest in science and technology among individuals of all ages. The organization achieves this by providing a hands-on learning environment, where visitors can explore concepts and principles in a fun and interactive manner. The museum, which is open seven days a week, attracts a significant number of visitors, with an estimated total facility attendance of approximately 363,047.
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Impact
July, 2024
Exploration Place Inc's impact lies in inspiring a deeper interest in science and technology through creative and fun experiences for all. By providing a "hands-on" learning environment for people of all ages, this organization in Wichita, Kansas, has successfully engaged a wide audience. With its museum open seven days a week and attracting approximately 363,047 visitors, Exploration Place Inc is actively fostering curiosity and learning in the fields of science and technology. Its tag of "Arts" highlights the creative aspect of its educational endeavors.
This information is meant to be a general summary of Exploration Place 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $125,295
- Program Service Revenue: $1,446,595
- Gross Receipts: $24,696,471
Assets and Liabilities:
- Total Assets: $34,105,934
- Total Liabilities: $1,035,436
- Net Assets: $33,070,498
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$920,648
Organization Details
Founding Year
1984
Phone
(316) 660-0600Principal Officer
Adam Smith
Main Address
300 N MCLEAN BLVD, WICHITA, KS, 67203
Website
www.exploration.orgNTEE Category
Code: A500 - Arts
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