Bishop Museum Of Science And Nature Inc
- Assets
- $42.2m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 56
- Location
- Bradenton, FL
- Founding
- 12/1954
- Data as of
- 12/2022
- EIN
- 59-0598726
Organization Overview
Bishop Museum Of Science And Nature Inc is located in Bradenton, FL. The organization was established in 1954. According to its NTEE Classification (A56) the organization is classified as: Natural History & Natural Science Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Bishop Museum Of Science And Nature Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bishop Museum Of Science And Nature 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 12/2022, Bishop Museum Of Science And Nature Inc generated $4.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. While expenses have increased by 4.3% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A SCIENCE MUSEUM, PLANETARIUM, AND MANATEE REHABILITATION HABITAT.
Describe the Organization's Program Activity:
OPERATION OF A SCIENCE MUSEUM, MANATEE REHABILITATION HABITAT, AND PLANETARIUM WHICH IS OPEN TO THE PUBLIC FOR EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darin Autrey Director | Trustee | 1 | $0 |
Todd Fritch Director | Trustee | 1 | $0 |
Susan Butt Director | Trustee | 1 | $0 |
Raymond Dweck Director | Trustee | 1 | $0 |
Marti King Vice President | OfficerTrustee | 1 | $0 |
Matt Lapointe Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $521,826 |
| Government grants | $338,366 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,686,233 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,546,425 |
| Total Program Service Revenue | $969,892 |
| Investment income | $88,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $239,910 |
| Net Gain/Loss on Asset Sales | $468 |
| Net Income from Fundraising Events | $120,486 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $142,923 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,152,884 |
| 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. | $32,692 |
| Compensation of current officers, directors, key employees. | $8,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,472,206 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $68,156 |
| Payroll taxes | $196,862 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,839 |
| Fees for services: Accounting | $196,287 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,624 |
| Fees for services: Other | $131,887 |
| Advertising and promotion | $311,029 |
| Office expenses | $84,816 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $303,197 |
| Travel | $8,826 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,892 |
| Interest | $2,031 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $293,759 |
| Insurance | $227,448 |
| All other expenses | $107,877 |
| Total functional expenses | $4,024,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,118,049 |
| Pledges and grants receivable | $545,653 |
| Accounts receivable, net | $353,405 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,788,000 |
| Inventories for sale or use | $27,528 |
| Prepaid expenses and deferred charges | $167,882 |
| Net Land, buildings, and equipment | $1,489,058 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,682,589 |
| Total assets | $42,172,164 |
| Accounts payable and accrued expenses | $174,928 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $38,681 |
| Unsecured mortgages and notes payable | $165,517 |
| Other liabilities | $11,724,688 |
| Total liabilities | $12,103,814 |
| Net assets without donor restrictions | $13,261,239 |
| Net assets with donor restrictions | $16,807,111 |
| 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 | $42,172,164 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fernbank Inc Atlanta, GA | $44,468,490 | $13,747,944 |
Bishop Museum Of Science And Nature Inc Bradenton, FL | $42,172,164 | $4,152,884 |
International Game Fish Association Inc Dania Beach, FL | $22,790,415 | $3,843,291 |
Tallahassee Museum Of History And Natural Science Inc Tallahassee, FL | $4,222,964 | $2,794,283 |
Gumbo Limbo Coastal Stewards Inc Ocean Ridge, FL | $3,204,147 | $1,048,318 |
Calusa Nature Center & Planetarium Inc Fort Myers, FL | $446,804 | $431,647 |
Anniston Museum Endowment Corporation Anniston, AL | $1,953,034 | $201,040 |
Savannah Science Museum Inc Savannah, GA | $545,494 | $346,538 |
Museum Of Archaeology Paleontology And Science New Port Richey, FL | $3,792,929 | $98,552 |
Old Vero Ice Age Sites Committee Inc Vero Beach, FL | $89,121 | $27,244 |
Crowley Museum And Nature Center Inc Sarasota, FL | $1,130,660 | $171,070 |
The Foundation For Americas Research Inc Winter Spgs, FL | $275 | $0 |
Phantas Productions Sanford, FL | $0 | $0 |