Delaware Museum Of Nature And Science Inc
- Assets
- $34.2m
- Revenue
- $3.6m
- Investments
- $21.0m
- Employees
- 44
- Location
- Greenville, DE
- Founding
- 07/1959
- Data as of
- 12/2021
- EIN
- 51-0083535
Organization Overview
Delaware Museum Of Nature And Science Inc is located in Greenville, DE. The organization was established in 1959. 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 12/2021, Delaware Museum Of Nature And Science Inc employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Museum Of Nature And Science 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 12/2021, Delaware Museum Of Nature And Science Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. 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
INVESTIGATE NATURE & SCIENCE, PRESERVE & INTERPRET COLLECTIONS, CONDUCT SCIENTIFIC RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 1957, THE DELAWARE MUSEUM OF NATURAL HISTORY OPENED TO THE PUBLIC IN 1972, AND CLOSED AT THE END OF 2020 FOR AN EXTENSIVE 17-MONTH RENOVATION. IN 2021, IN ADDITION TO THE EXHIBIT REDESIGN AND CONSTRUCTION PROJECT, THE MUSEUM HOSTED EVENTS AND PROGRAMS IN THE COMMUNITY, INCLUDING VIRTUAL AND OFF-SITE PROGRAMS FOR SCHOOLS AND COMMUNITY ORGANIZATIONS, AS WELL AS EVENTS, PROGRAMS AND SUMMER CAMPS AT A PARTNER LOCATION.THE MUSEUM'S NAME WAS OFFICIALLY CHANGED TO THE DELAWARE MUSEUM OF NATURE AND SCIENCE IN EARLY 2022. ON MAY 23, 2022, THE MUSEUM REOPENED TO THE PUBLIC WITH ALL NEW EXHIBITS, INCLUDING THE REGIONAL JOURNEY GALLERY, THE ALISON K. BRADFORD GLOBAL JOURNEY GALLERY, THE ELLICE AND ROSA MCDONALD PALEOZONE, THE SKYLIGHT ATRIUM, AND THE BILL AND DENISE SPENCE DISCOVERY GALLERY, CREATING A 21ST-CENTURY MUSEUM EXPERIENCE FOR OUR GUESTS.
THE DELAWARE MUSEUM OF NATURAL HISTORY MAINTAINS A LIBRARY, LABORATORIES, AND EXTENSIVE SCIENTIFIC COLLECTIONS USED BY RESEARCHERS WORLDWIDE. THESE COLLECTIONS INCLUDE: MALACOLOGY (2 MILLION SPECIMENS), ORNITHOLOGY (113,000 SPECIMENS), MAMMOLOGY (6,000 SPECIMENS), AND SMALLER ENTOMOLOGY AND BOTANY COLLECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William H Spruance Exec. Dir.,trustee Liaison | OfficerTrustee | 40 | $93,309 |
Ronald F Logue CPA Ctfa President | OfficerTrustee | 1 | $0 |
John J Kirby CPA Treasurer | OfficerTrustee | 1 | $0 |
John S Larson Secretary | OfficerTrustee | 1 | $0 |
George B Trammell Vice President | OfficerTrustee | 1 | $0 |
Estella Atekwana PHD Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kubik Maltbie Inc Exhibit Design | 12/30/21 | $2,096,736 |
Jacobswyper Architects Llp Exhibit Design | 12/30/21 | $116,040 |
Bancroft Construction Company Construction | 12/30/21 | $2,058,794 |
Reich & Petch Design International Exhibit Design | 12/30/21 | $333,254 |
Aegis Property Group Ltd Owner's Rep. | 12/30/21 | $110,578 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,052 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $894,908 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,936,392 |
| Noncash contributions included in lines 1a–1f | $86,447 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,856,352 |
| Total Program Service Revenue | $128,288 |
| Investment income | $331,810 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $318,942 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$43,478 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,600,840 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $102,268 |
| Compensation of current officers, directors, key employees. | $12,773 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,010,051 |
| Pension plan accruals and contributions | $11,407 |
| Other employee benefits | $89,155 |
| Payroll taxes | -$216,757 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,442 |
| Advertising and promotion | $20,004 |
| Office expenses | $32,908 |
| Information technology | $76,985 |
| Royalties | $0 |
| Occupancy | $102,276 |
| Travel | $1,184 |
| 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 | $328,280 |
| Insurance | $67,495 |
| All other expenses | $78,538 |
| Total functional expenses | $2,001,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $459,129 |
| Savings and temporary cash investments | $376,104 |
| Pledges and grants receivable | $247,760 |
| Accounts receivable, net | $141,017 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,024 |
| Prepaid expenses and deferred charges | $70,218 |
| Net Land, buildings, and equipment | $11,908,439 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $21,026,589 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,238,280 |
| Accounts payable and accrued expenses | $1,070,650 |
| Grants payable | $0 |
| Deferred revenue | $56,030 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,126,680 |
| Net assets without donor restrictions | $31,938,218 |
| Net assets with donor restrictions | $1,173,382 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $34,238,280 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Delaware Museum Of Nature And Science Inc has recieved totaling $129,750.
| Awarding Organization | Amount |
|---|---|
United Way Of The Greater Lehigh Valley Allentown, PA PURPOSE: DONOR DESIGNATED FOR GENERAL SUPPORT | $100,000 |
Wa Speakman Family Foundation Wilmington, DE PURPOSE: GENERAL OPERATIONS | $20,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,750 |
Endowment Analysis
| Beg. Balance | $19,073,773 |
| Earnings | $1,781,880 |
| Other Expense | $903,776 |
| Ending Balance | $19,951,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newark Museum Association Newark, NJ | $64,370,892 | $11,736,749 |
Brandywine Conservancy & Museum Of Art Chadds Ford, PA | $159,611,083 | $25,949,606 |
Weitzman National Museum Of American Jewish History Philadelphia, PA | $28,897,470 | -$14,023,866 |
Chesapeake Bay Maritime Museum Inc Saint Michaels, MD | $39,670,845 | $11,802,090 |
Independence Seaport Museum Philadelphia, PA | $22,539,825 | $3,083,203 |
The Masonic Library And Museum Of Pennsylvania Philadelphia, PA | $22,455,436 | $4,692,168 |
African American Museum In Philadelphia, PA | $3,193,527 | $2,188,357 |
National Liberty Museum Philadelphia, PA | $29,022,169 | $6,454,571 |
Foundation For The Reading Public Museum Reading, PA | $14,501,952 | $4,253,898 |
Morris Museum Inc Morristown, NJ | $16,716,889 | $3,445,749 |
National Association Of Watch And Clock Collectors Inc Columbia, PA | $7,480,345 | $2,488,081 |
3 Dog Garage Skippack, PA | $25,817,252 | $3,469,990 |