Exploration Place Inc
- Assets
- $34.5m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 114
- Location
- Wichita, KS
- Founding
- 07/1985
- Data as of
- 06/2021
- EIN
- 48-1000295
Organization Overview
Exploration Place Inc is located in Wichita, KS. The organization was established in 1985. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Exploration Place Inc employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exploration Place Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Exploration Place Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $5.5m during the year ending 06/2021. While expenses have increased by 4.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE A DEEPER INTEREST IN SCIENCE AND TECHNOLOGY THROUGH CREATIVE AND FUN EXPERIENCES FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING "HANDS-ON" LEARNING ENVIRONMENT FOR PEOPLE OF ALL AGES. THE MUSEUM IS OPEN 7 DAYS PER WEEK. TOTAL FACILITY ATTENDANCE WAS APPROXIMATELY 363,047.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Malone Chairman | OfficerTrustee | 1 | $0 |
Patrick Goebel Vice-Chair | OfficerTrustee | 1 | $0 |
Richard Holt Treasurer | OfficerTrustee | 1 | $0 |
Linda Davison Secretary | OfficerTrustee | 1 | $0 |
Patrick Tuttle Immediate Past Chair | OfficerTrustee | 1 | $0 |
Mindy Mcpheeters Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cosmic Picture Distribution Content Distributor | 6/29/23 | $159,188 |
Ontario Science Center Traveling Exhibit | 6/29/23 | $145,000 |
Five Star Mechanical Construction | 6/29/23 | $151,935 |
Stage Nine Design Traveling Exhibit | 6/29/23 | $125,316 |
Dondlinger & Sons Construction Construction | 6/29/23 | $122,881 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,660,329 |
| Investment income | $244,470 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,574 |
| Net Gain/Loss on Asset Sales | $1,694,312 |
| Net Income from Fundraising Events | -$34,310 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $137,020 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,668,894 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $232,519 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,805,042 |
| Pension plan accruals and contributions | $18,662 |
| Other employee benefits | $175,163 |
| Payroll taxes | $138,127 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $62,529 |
| Fees for services: Other | $25,190 |
| Advertising and promotion | $200,284 |
| Office expenses | $300,525 |
| Information technology | $0 |
| Royalties | $35,945 |
| Occupancy | $402,651 |
| Travel | $3,820 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,282,649 |
| Insurance | $135,540 |
| All other expenses | $0 |
| Total functional expenses | $5,509,175 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,126,694 |
| Pledges and grants receivable | $490,655 |
| Accounts receivable, net | $1,033,067 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $69,954 |
| Prepaid expenses and deferred charges | $113,595 |
| Investments—publicly traded securities | $19,408,087 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,085,947 |
| Total assets | $34,543,290 |
| Accounts payable and accrued expenses | $458,190 |
| Grants payable | $0 |
| Deferred revenue | $267,182 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $446,072 |
| Other liabilities | $0 |
| Total liabilities | $1,171,444 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $33,371,846 |