Overview
What is Museum Of Discovery?
The Museum of Discovery, located at 500 President Clinton Avenue 150, Little Rock, AR 72201, is a nonprofit organization dedicated to igniting and fostering curiosity in science, technology, arts, and math. In 2022, they served over 147,000 individuals with hands-on exhibits and on-site programming. The museum extends its educational programs beyond its facility, offering unique in-house educational programs for students from 45 Arkansas counties and three different states. The organization's mission is to spark interest in STEM subjects through engaging interactive experiences, with a workforce of 75 employees.
Official website here: www.museumofdiscovery.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Museum of Discovery has achieved an impressive 95% rating from Charity Navigator, indicating strong performance in accountability and finance. This high score reflects the organization's commitment to transparency and effective financial management, bolstered by a fully independent board and stringent oversight measures.
The museum excels in various financial metrics, demonstrating a low liabilities to assets ratio and a robust program expense ratio of 73.81%, ensuring that a significant portion of its funds directly supports its educational mission. The organization is also noted for its fundraising efficiency, with only $0.15 spent to raise each dollar, showcasing effective use of resources.
While the museum has shown consistent strengths in governance and financial practices, continued monitoring of its performance will be essential to maintain its strong reputation and ensure ongoing community support. Overall, the Museum of Discovery stands out as a model nonprofit committed to both accountability and impactful service.
This AI summary has been generated from information found on Charity Navigator.
Is Museum Of Discovery legitimate?
Museum Of Discovery is a legitimate nonprofit organization registered as a 501(c)(3) entity. Museum Of Discovery 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: $276,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,446,826
For more financial information, click here
Official website here: www.museumofdiscovery.org
What is the mission statement of Museum Of Discovery?
The Museum of Discovery's mission is to stimulate and foster a strong interest in science, technology, arts, and mathematics. They achieve this by offering engaging, interactive experiences. In 2022, the museum served over 147,000 individuals with hands-on exhibits and on-site programming. They also provided unique educational programs for students from various Arkansas counties and even other states, demonstrating their commitment to fostering a love for these subjects among learners.
Official website here: www.museumofdiscovery.org
Who is the CEO of Museum Of Discovery?
Jon Dor is the Chair of Museum Of Discovery. The CEO's salary of Museum Of Discovery is $158,232 and their total compensation is $168,052.
Official website here: www.museumofdiscovery.org
What is the revenue of Museum Of Discovery?
Museum Of Discovery's revenue in 2022 was $4,977,495.
Official website here: www.museumofdiscovery.org
Who are the executives of Museum Of Discovery and what are their salaries?
The average compensation at Museum Of Discovery during 2022 was $22,983. There are 75 employees and 688 volunteers at Museum Of Discovery.
Here are 32 key members and their salaries (Museum Of Discovery's CEO's salary is $158,232 and their total compensation is $168,052):
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Official website here: www.museumofdiscovery.org
Where can I find the form 990 for Museum Of Discovery?
Museum Of Discovery's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.museumofdiscovery.org
Learn more at the official website: www.museumofdiscovery.org
Mission Statement of Museum Of Discovery
The Museum of Discovery, a nonprofit organization, is dedicated to igniting and fueling a passion for science, technology, arts, and mathematics (STEM) in individuals. They achieve this goal by providing engaging and interactive experiences that cater to various age groups. In 2022, the museum served over 147,000 individuals through its hands-on exhibits and on-site programming. The organization also offers unique educational programs for students from 45 out of the 75 counties in Arkansas, as well as from three different states. By doing so, the Museum of Discovery aims to inspire and foster a deep-seated interest in STEM subjects, empowering individuals to explore and understand the world around them.
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Impact
July, 2024
The Museum of Discovery in Little Rock, Arkansas, is making a significant impact by igniting and fueling a passion for science, technology, arts, and math through dynamic interactive experiences. In 2022 alone, the museum served over 147,000 individuals with hands-on exhibits and on-site programming. Additionally, the museum provided unique in-house educational programs for students from 45 of the 75 Arkansas counties and from three different states. This demonstrates the museum's commitment to engaging a wide audience and fostering learning across various communities.
This information is meant to be a general summary of Museum Of Discovery. 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 2022.
- Investment Income: $480,941
- Program Service Revenue: $1,284,359
- Gross Receipts: $5,107,633
Assets and Liabilities:
- Total Assets: $15,862,797
- Total Liabilities: $3,571,791
- Net Assets: $12,291,006
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$566,888
PROGRAMS
Revenue
$394,244
MEMBERSHIP DUES
Revenue
$162,727
EXHIBIT RENTAL INCOME
Revenue
$160,500
Organization Details
Founding Year
1976
Phone
(501) 396-7050Principal Officer
Jon Dor
Main Address
500 PRESIDENT CLINTON AVENUE 150, LITTLE ROCK, AR, 72201
Website
www.museumofdiscovery.orgNTEE Category
Code: A500 - Arts
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