Overview
What is Museum Of Discovery And Science Inc?
The Museum of Discovery and Science Inc, based in Fort Lauderdale, Florida, is a nonprofit organization dedicated to connecting people to science through engaging experiences and showcasing innovations in STEM. With over 400,000 visitors annually, they expanded and renovated their facilities in 2018, adding a 27,000 square foot outdoor Science park. Their mission involves bringing the community together, fostering educational and interactive science activities, and highlighting groundbreaking advancements in Science, Technology, Engineering, and Mathematics.
Official website here: www.mods.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Museum of Discovery and Science Inc has achieved an impressive 97% rating from Charity Navigator, reflecting a strong commitment to accountability and finance, with a score of 96 in this category. The organization demonstrates effective financial management, as evidenced by a program expense ratio of 80.84% and a low liabilities to assets ratio of 10.96%. Furthermore, the independence of its board members is exemplary, with 100% independent membership among 35 members, ensuring objective governance.
In addition to financial strength, the museum excels in community engagement and leadership adaptability, scoring 98 and 100 respectively. The organization actively collects and utilizes feedback from its stakeholders, with perfect scores in both feedback collection and usage. Its commitment to equity strategies is also noteworthy, with a score of 97, indicating a dedication to inclusive practices.
Despite its high performance, ongoing assessments and community feedback will be essential for maintaining the museum's robust standing. The organization has shown resilience during challenging times, like the COVID pandemic, by investing in leadership development, which bodes well for its future adaptability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Museum Of Discovery And Science Inc legitimate?
Museum Of Discovery And Science Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of Discovery And Science 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: $494,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,215,905
For more financial information, click here
Official website here: www.mods.org
What is the mission statement of Museum Of Discovery And Science Inc?
The Museum of Discovery and Science Inc is dedicated to bringing the community together and inspiring science exploration. Through engaging experiences, they highlight innovations in STEM fields. Annually attracting over 400,000 visitors, the Museum underwent a significant expansion and renovation campaign in 2018, which resulted in the opening of a 27,000 square foot outdoor Science Park. This expansion enabled the Museum to offer more opportunities for visitors to connect with science and learn in an interactive setting.
Official website here: www.mods.org
Who is the CEO of Museum Of Discovery And Science Inc?
Joseph Cox is the President/Ce of Museum Of Discovery And Science Inc.
Official website here: www.mods.org
What is the revenue of Museum Of Discovery And Science Inc?
Museum Of Discovery And Science Inc's revenue in 2023 was $12,515,535.
Official website here: www.mods.org
Who are the executives of Museum Of Discovery And Science Inc and what are their salaries?
The average compensation at Museum Of Discovery And Science Inc during 2023 was $17,005. There are 277 employees and 208 volunteers at Museum Of Discovery And Science Inc.
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Official website here: www.mods.org
Where can I find the form 990 for Museum Of Discovery And Science Inc?
Museum Of Discovery And Science Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mods.org
Learn more at the official website: www.mods.org
Mission Statement of Museum Of Discovery And Science Inc
Museum of Discovery and Science Inc, with its captivating mission, connects people to science by fostering community engagement and delivering stimulating science experiences. The organization's commitment to innovation and STEM education attracts over 400,000 visitors annually. In a remarkable achievement, Museum of Discovery and Science Inc completed phase II of its expansion and renovation campaign in 2018. The successful project culminated in the unveiling of a 27,000 square foot outdoor Science Park, enriching the museum-going experience for its guests. This expansion not only showcased the organization's dedication to providing immersive scientific learning opportunities but also reinforced its position as a leading institution in the field of science education. Museum of Discovery and Science Inc continues to inspire and engage its community by fostering a deeper understanding of science and the world around us.
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Impact
October, 2024
The Museum of Discovery and Science Inc has a significant impact on the community by connecting people to inspiring scientific experiences. Serving over 400,000 visitors annually, it fosters a love for science and innovation, particularly in STEM fields. The recent completion of a major expansion, which included a 27,000 square foot outdoor Science Park, enhances its ability to engage visitors of all ages with immersive and interactive exhibits. By creating a collaborative learning environment, the museum successfully brings the community together, encourages curiosity, and promotes educational growth in the fields of science and technology. This commitment to education and engagement positions the museum as a vital resource for inspiring the next generation of innovators and thinkers.
This information is meant to be a general summary of Museum Of Discovery And Science 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: $445,978
- Program Service Revenue: $5,386,530
- Gross Receipts: $13,094,027
Assets and Liabilities:
- Total Assets: $34,425,121
- Total Liabilities: $3,773,907
- Net Assets: $30,651,214
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$3,628,743
ADMISSIONS-FILMS
Revenue
$898,836
PROGRAM FEES
Revenue
$722,451
FACILITY RENTAL
Revenue
$136,500
Organization Details
Founding Year
1976
Phone
(954) 467-6637Principal Officer
Joseph Cox
Main Address
401 SW 2ND STREET, FORT LAUDERDALE, FL, 33312
Website
www.mods.orgNTEE Category
Code: A570 - Arts
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