Adventure Science Center Nashville
- Assets
- $25.4m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 107
- Location
- Nashville, TN
- Founding
- 07/1954
- Data as of
- 06/2024
- EIN
- 62-0479192
Organization Overview
Adventure Science Center Nashville is located in Nashville, TN. The organization was established in 1954. 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 06/2024, Adventure Science Center Nashville employed 107 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adventure Science Center Nashville 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 06/2024, Adventure Science Center Nashville generated $7.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $6.4m during the year ending 06/2024. While expenses have increased by 0.9% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ADVENTURE SCIENCE CENTER IS TO OPEN EVERY MIND TO THE WONDERS OF SCIENCE AND TECHNOLOGY, FOSTERING A BETTER UNDERSTANDING OF OURSELVES AND THE WORLD AROUND US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXHIBITIONS: ADVENTURE SCIENCE CENTER OFFERS COMPREHENSIVE SCIENCE EXHIBITS, STEM PROGRAMS, AND EVENTS FOR GUESTS OF ALL AGES. ALL EXHIBITS ARE DESIGNED TO STIMULATE IMAGINATION THROUGH IMMERSIVE HANDS-ON ACTIVITIES AND EXPERIENCES, PRESENTED USING A VARIETY OF MEDIA TECHNOLOGY. GALLERIES INCLUDE SOUNDBOX (MUSIC AND SOUND), I2 (MAKER SPACE), SPACE CHASE & THE SOLAR SYSTEM, BODY QUEST (HUMAN BODY), INDOOR ADVENTURE TOWER AND AN EXCLUSIVE PRE-K AREA.
GENERAL OPERATIONS: DURING FY24 ADVENTURE SCIENCE CENTER REACHED MORE THAN 260,000 PEOPLE THOUGH VISITATION AND STEAM PROGRAMMING FOR STUDENTS AND COMMUNITY MEMBERS. OPEN THURSDAY-MONDAY, ADVENTURE SCIENCE CENTER DELIVERES INNOVATIVE EXHIBITIONS, FIELD TRIP PROGRAMS, SCIENCE DEMONSTRATIONS, PLANETARIUM SHOWS, AND OUTREACH PROGRAMS DESIGNED TO ADHERE TO STATE AND NATIONAL EDUCATION STANDARDS.
PLANETARIUM: WITH AN EVER-CHANGING LINEUP OF SHOWS, THE STATE-OF-THE-ART SUDEKUM PLANETARIUM PRESENTS EXCITING FULL DOME EDUCATION PRODUCTIONS PRODUCED INTERNALLY AND LEASED FROM OUTSIDE VENDORS. OFFERINGS THIS YEAR INCLUDED: PLANETARIUM SHOWS: NIGHTWATCH, ASTRONAUT, DESTINATION MARS, MARS: THE ULTIMATE VOYAGE, DREAM TO FLY, ECLIPSE: THE SUN REVEALED, EXPLORE, HABITAT EARTH, INCOMING!, OUR PLACE IN SPACE, POLARIS, TO WORLDS BEYOND, SPACE EXPLORERS:THE ISS EXPERIENCE EPISODE 2, THE LITTLE STAR THAT COULD, RUSTY ROCKET'S LAST BLAST, WONDERFUL SKY, AND STARS. LASER SHOWS: BEYONCE, DAVID BOWIE, FOO FIGHTERS, SUMMER LAZE, TAYLOR SWIFT, FRIGHT LIGHTS, LASER HOLIDAYS, PINK FLOYD: THE DARK SIDE OF THE MOON, PRINCE, QUEEN AND POP TIL YOU DROP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Trusley Chairman | OfficerTrustee | 0.5 | $0 |
Lauren Jacques Secretary | OfficerTrustee | 0.25 | $0 |
Michael Payne Treasurer | OfficerTrustee | 0.5 | $0 |
Missy Acosta Trustee | Trustee | 0.25 | $0 |
Adrienne Battle Trustee | Trustee | 0.25 | $0 |
Nicole Baxter Trustee | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Roto Group Llc Exhibit Design | 6/29/24 | $503,179 |
Counterpoint Messaging Advertising | 6/29/24 | $124,948 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,525 |
| Related organizations | $0 |
| Government grants | $325,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,673,980 |
| Noncash contributions included in lines 1a–1f | $3,036 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,008,505 |
| Total Program Service Revenue | $4,170,133 |
| Investment income | $321,949 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$541,742 |
| Net Income from Fundraising Events | $89,297 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $318,565 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,402,794 |
| 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. | $486,471 |
| Compensation of current officers, directors, key employees. | $430,691 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,443,108 |
| Pension plan accruals and contributions | $36,031 |
| Other employee benefits | $254,893 |
| Payroll taxes | $203,689 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,050 |
| Fees for services: Lobbying | $7,688 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,105 |
| Fees for services: Other | $37,737 |
| Advertising and promotion | $374,588 |
| Office expenses | $210,815 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $411,411 |
| Travel | $5,092 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,304 |
| Interest | $18,609 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,054,127 |
| Insurance | $116,954 |
| All other expenses | $32,080 |
| Total functional expenses | $6,382,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,038,021 |
| Savings and temporary cash investments | $7,139,944 |
| Pledges and grants receivable | $808,002 |
| Accounts receivable, net | $25,348 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $46,375 |
| Prepaid expenses and deferred charges | $125,638 |
| Net Land, buildings, and equipment | $12,732,138 |
| Investments—publicly traded securities | $2,496,585 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $956,478 |
| Total assets | $25,368,529 |
| Accounts payable and accrued expenses | $873,190 |
| Grants payable | $0 |
| Deferred revenue | $890,919 |
| 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 | $426,339 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,190,448 |
| Net assets without donor restrictions | $18,957,891 |
| Net assets with donor restrictions | $4,220,190 |
| 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 | $25,368,529 |