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Science Spectrum Inc

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

EIN: 752184555 ✦ Lubbock, TX ✦ Designated as a 501(c)(3)

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Overview

What is Science Spectrum Inc?

Science Spectrum Inc, located in Lubbock, Texas, is a renowned nonprofit organization that merges the realms of science and technology. The organization operates as a comprehensive hub, encompassing a hands-on exhibit center, a science museum, and an advanced Omnimax theater. Its primary mission is to serve and educate the general public residing within a 200-mile radius of Lubbock, Texas. The organization's goals are achieved through engaging exhibits, interactive experiences, and state-of-the-art entertainment, promoting a deeper understanding and appreciation of science and technology. With a dedicated workforce of 54 individuals, Science Spectrum Inc continues to inspire and enlighten its community.


Official website here: www.sciencespectrum.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% - Three-Star out of Four Star Rating

Science Spectrum Inc has achieved a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and financial management. With an overall score of 87%, the organization demonstrates a strong commitment to transparency, evidenced by its 100% independent board composition and comprehensive policies concerning conflicts of interest, whistleblowing, and document retention.

The charity showcases impressive financial health, with a program expense ratio of 91.34%, indicating that the vast majority of its resources are allocated towards its programs rather than administrative costs. Additionally, the organization has a favorable liabilities to assets ratio of 0.69%, suggesting prudent financial practices and sustainability.

While the ratings highlight many strengths, the score indicates areas for potential improvement to achieve a higher rating. Continued focus on operational excellence and the expansion of program outreach could enhance the organization's impact and effectiveness in the community.


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

Is Science Spectrum Inc legitimate?

Science Spectrum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Science Spectrum 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $823,322

For more financial information, click here


Official website here: www.sciencespectrum.org

What is the mission statement of Science Spectrum Inc?

Science Spectrum Inc serves as a hub for science and technology, offering a museum, a hands-on exhibit center, and a state-of-the-art Omnimax theater. Its primary objective is to engage and educate the general public, within a 200-mile radius, on various scientific concepts. By providing interactive exhibits and immersive cinema experiences, Science Spectrum Inc aims to foster a deeper understanding and appreciation for science and technology. It acts as a valuable resource for the community, inspiring curiosity and encouraging lifelong learning in the field of science.


Official website here: www.sciencespectrum.org

Who is the CEO of Science Spectrum Inc?

Cassandra Henry is the President of Science Spectrum Inc.


Official website here: www.sciencespectrum.org

What is the revenue of Science Spectrum Inc?

Science Spectrum Inc's revenue in 2022 was $2,637,225.


Official website here: www.sciencespectrum.org

Who are the executives of Science Spectrum Inc and what are their salaries?

The average compensation at Science Spectrum Inc during 2022 was $15,247. There are 54 employees at Science Spectrum Inc.


Here are 15 key members and their salaries:


Cassandra Henry (President)
  • Compensation: $110,006
  • Related: $0
  • Other: $0
Christina Belle Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Cherry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Rollo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Granfeldt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mckay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Pantoya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Wargo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sciencespectrum.org

Where can I find the form 990 for Science Spectrum Inc?

Science Spectrum Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sciencespectrum.org

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

Mission Statement of Science Spectrum Inc

Science Spectrum, as a distinguished entity, serves as a science and technology museum, a hands-on exhibit center, and an advanced Omnimax theater all under one roof. Its primary objective is to cater to the public within a 200-mile radius of Lubbock, Texas, enriching their understanding of scientific concepts through interactive experiences. This nonprofit organization strives to inspire and educate individuals of all ages, fostering a passion for science and technology.

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Impact




July, 2024

Science Spectrum Inc's impact is evident in its role as a science and technology museum, a hands-on exhibit center, and a state-of-the-art Omnimax theater all in one location. Situated in Lubbock, Texas, this organization serves the general public within a 200-mile radius, providing educational opportunities and experiences in the fields of science and technology. By offering interactive exhibits and engaging programs, Science Spectrum Inc contributes to the enrichment of individuals of all ages and backgrounds, fostering a deeper understanding and appreciation for these disciplines. In doing so, Science Spectrum Inc plays a vital role in promoting scientific literacy and inspiring curiosity and exploration within its community and beyond.




This information is meant to be a general summary of Science Spectrum 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.

Revenue
$2,637,225 (2022)
Expenses
$2,470,950 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,959
  • Program Service Revenue: $1,062,649
  • Gross Receipts: $4,653,132

Assets and Liabilities:

  • Total Assets: $19,346,098
  • Total Liabilities: $148,895
  • Net Assets: $19,197,203

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Programs

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

Science Museum Admissions

Revenue

$840,856

Special Museum Exhibits and Events

Revenue

$221,793

Organization Details

Founding Year

1987

Principal Officer

Cassandra Henry

Main Address

2579 SOUTH LOOP 289 APT SUITE 250, LUBBOCK, TX, 79493

NTEE Category

Code: A570 - Arts

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