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The Nevada Discovery Museum

The Terry Lee Wells Nevada Discover

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

EIN: 611474845 ✦ Reno, NV ✦ Designated as a 501(c)(3)

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Overview

What is The Nevada Discovery Museum?

The Nevada Discovery Museum, formally known as The Terry Lee Wells Nevada Discovery Museum (The Discovery), is a nonprofit educational institution established in 2004. Situated in Reno, Nevada, the museum's primary mission is to foster curiosity, creativity, and the joy of lifelong learning. It achieves this by offering a variety of engaging, hands-on programs and exhibits. The Discovery caters to a wide range of learning experiences, from sparking initial interest to promoting deep understanding, thereby cultivating a community of critical thinkers. Since its inception, the museum has welcomed over 1.4 million visitors, becoming a valuable educational resource for the region and an attractive cultural attraction for tourists. As of the provided data, the Nevada Discovery Museum employs 84 individuals.


Official website here: www.nvdm.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

The Nevada Discovery Museum has received a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive score of 96% in this category, the organization demonstrates effective oversight and transparency, including a fully independent board and rigorous financial practices. The museum successfully maintains a low liabilities-to-assets ratio and allocates a significant portion of its expenses towards programs.

In terms of culture and community, the museum also excels with a score of 95%, showcasing its commitment to engaging with constituents and integrating their feedback into its operations. The organization has implemented robust practices for feedback collection and usage, ensuring that the voices of the community are heard and considered in decision-making processes.

While the overall scores indicate strong governance and community engagement, the data does highlight areas for potential improvement, particularly in equity policies and processes, where it received slightly lower scores. Nevertheless, the Nevada Discovery Museum stands out as a well-managed nonprofit dedicated to its mission and the community it serves.


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

Is The Nevada Discovery Museum legitimate?

The Nevada Discovery Museum is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nevada Discovery Museum 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: $207,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,363,117

For more financial information, click here


Official website here: www.nvdm.org

What is the mission statement of The Nevada Discovery Museum?

The Nevada Discovery Museum, an educational institution established in 2004, is dedicated to inspiring curiosity, creativity, and the joy of lifelong learning. They achieve this mission by educating both children and adults through interactive, hands-on exhibits and educational programming. The museum creates learning experiences that cater to various levels of interest, from simple curiosity to in-depth understanding, fostering a community of critical thinkers. Since September 2011, the Nevada Discovery Museum has become a valued educational resource and a cultural attraction, welcoming over 1.4 million visitors since its opening.


Official website here: www.nvdm.org

Who is the CEO of The Nevada Discovery Museum?

Mat Sinclair is the President & of The Nevada Discovery Museum.


Official website here: www.nvdm.org

What is the revenue of The Nevada Discovery Museum?

The Nevada Discovery Museum's revenue in 2022 was $3,968,903.


Official website here: www.nvdm.org

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

The average compensation at The Nevada Discovery Museum during 2022 was $18,694. There are 84 employees and 48 volunteers at The Nevada Discovery Museum.


Here are 11 key members and their salaries:


Mat Sinclair (President &)
  • Compensation: $186,291
  • Related: $0
  • Other: $20,928
Seema Donahoe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Heath (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Karpen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Kendall (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Mccann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Porter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Parker Stremmel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Austin Sweet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nvdm.org

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

The Nevada Discovery Museum's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nvdm.org

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

Mission Statement of The Nevada Discovery Museum

The Nevada Discovery Museum, a nonprofit educational institution, is dedicated to inspiring curiosity, creativity, and the joy of lifelong learning. It achieves this mission by educating both children and adults through interactive, hands-on exhibits and educational programming. The museum's unique approach to science education creates interest and engagement, ranging from simple curiosity to deep understanding, fostering a community of critical thinkers. Since its establishment in 2004, The Nevada Discovery Museum, also known as The Terry Lee Wells Nevada Discovery Museum, has become a valuable educational resource for their region and an attractive cultural attraction for tourists. Over 1.4 million visitors have visited the museum since its opening, demonstrating its success in engaging and educating the public.

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Impact




July, 2024

The Nevada Discovery Museum, also known as The Terry Lee Wells Nevada Discovery Museum, has had a significant impact on the community since its founding in 2004. With a mission to inspire curiosity, creativity, and the joy of lifelong learning, The Discovery has become a valued educational resource in Reno, Nevada.

Through its unique, hands-on programs and exhibits, The Discovery creates learning experiences that not only spark curiosity but also empower critical thinking. Since September 2011, the museum has welcomed over 1.4 million visitors, showcasing its role as a cultural attraction for both locals and tourists.

By educating both children and adults through interactive exhibits and educational programming, The Nevada Discovery Museum plays a crucial role in promoting science engagement and fostering a community of lifelong learners in the region.




This information is meant to be a general summary of The Nevada Discovery Museum. 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
$3,968,903 (2022)
Expenses
$3,780,324 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,883
  • Program Service Revenue: $1,710,106
  • Gross Receipts: $4,192,335

Assets and Liabilities:

  • Total Assets: $13,526,623
  • Total Liabilities: $967,071
  • Net Assets: $12,559,552

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Programs

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

ADMISSIONS

Revenue

$669,457

EDUCATIONAL PROGRAMS

Revenue

$629,078

MEMBERSHIPS

Revenue

$325,319

FACILITY RENTAL

Revenue

$86,252

Organization Details

Founding Year

2004

Principal Officer

Mat Sinclair

Main Address

490 S CENTER ST, RENO, NV, 89501

NTEE Category

Code: A52 - Arts

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