Northern Virginia Science Center Foundation
- Assets
- $12.8m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 02/2005
- Data as of
- 06/2022
- EIN
- 90-0168625
Organization Overview
Northern Virginia Science Center Foundation, operating under the name Children's Science Center, is located in Fairfax, VA. The organization was established in 2005. According to its NTEE Classification (A52) the organization is classified as: Children's Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Children's Science Center 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 06/2022, Children's Science Center generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.6% each year . All expenses for the organization totaled $3.1m during the year ending 06/2022. While expenses have increased by 15.5% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE A LOVE OF LEARNING SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) BY PROVIDING UNIQUE OPPORTUNITIES TO EXPLORE AND CREATE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES ARE PROVIDED AT THE CHILDREN'S SCIENCE CENTER LAB, IN COMMUNITY OUTREACH PROGRAMS AND IN CREATING A NEW REGIONAL SCIENCE CENTER. DURING THIS 6 MONTH PERIOD, THE LAB, AN INTERACTIVE MUSEUM THAT FOCUSES ON CHILDREN AGES 2-12, WAS VISITED BY 630 INDIVIDUALS. THE LAB OFFERS FOUR HANDS-ON STEM EXPERIENCE AREAS: THE EXPERIMENT BAR, INSPIRATION HUB, TINKER SHOP AND DISCOVERY ZONE. COMMUNITY OUTREACH PROGRAMS SERVED 161 INDIVIDUALS; VIRTUAL PROGRAMS SERVED 8,684 INDIVIDUALS WITH LIVE-ONLINE EXPERIENCES, PRE-RECORDED VIDEOS, PREPARED ACTIVITIES, AND PRE-PACKAGED STEM KITS. THE ORGANIZATION ALSO WORKED WITH DESIGNERS AND COMMUNITY MEMBERS TO DESIGN THE FACILITY, EXHIBITS AND PROGRAMS FOR THE FUTURE 70,000 SQ FT SCIENCE CENTER.
DURING THIS 12 MONTH PERIOD, THE LAB, AN INTERACTIVE MUSEUM THAT FOCUSES ON CHILDREN AGES 2-12, WAS VISITED BY 15,487 INDIVIDUALS. THE LAB OFFERS FOUR HANDS-ON STEM EXPERIENCE AREAS: THE EXPERIMENT BAR, INSPIRATION HUB, TINKER SHOP AND DISCOVERY ZONE. COMMUNITY OUTREACH PROGRAMS SERVED AN ADDITIONAL 8,541 INDIVIDUALS; VIRTUAL PROGRAMS SERVED 1,974 INDIVIDUALS WITH LIVE-ONLINE EXPERIENCES; PRE-PACKAGED STEM KITS WERE DELIVERED TO 1,979 INDIVIDUALS. THE ORGANIZATION ALSO WORKED WITH DESIGNERS AND COMMUNITY MEMBERS TO DESIGN THE FACILITY, EXHIBITS AND PROGRAMS FOR THE FUTURE 70,000 SQ FT SCIENCE CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adalene Spivy President And Executive Di | OfficerTrustee | 50 | $0 |
Sumeet Shrivastava Director | Trustee | 1 | $0 |
Corbin Neiberline Treasurer | OfficerTrustee | 2 | $0 |
Jill Mcnabb Immediate Past Board Chair | Trustee | 1 | $0 |
Gary Crum Chair | OfficerTrustee | 10 | $0 |
Kathy Coulter Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,018 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $401,877 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,585,127 |
| Noncash contributions included in lines 1a–1f | $41,777 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,989,022 |
| Total Program Service Revenue | $1,084,452 |
| Investment income | $6,006 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,104,096 |
| 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. | $98,607 |
| Compensation of current officers, directors, key employees. | $9,861 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,286,023 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,543 |
| Payroll taxes | $100,644 |
| 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 | $0 |
| Fees for services: Other | $257,946 |
| Advertising and promotion | $47,384 |
| Office expenses | $16,967 |
| Information technology | $54,977 |
| Royalties | $0 |
| Occupancy | $149,476 |
| Travel | $6,234 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,804 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,409 |
| Insurance | $88,887 |
| All other expenses | $45,656 |
| Total functional expenses | $3,065,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,769,264 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $5,912,922 |
| Accounts receivable, net | $2,052,576 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,610 |
| Net Land, buildings, and equipment | $62,929 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,226 |
| Total assets | $12,837,527 |
| Accounts payable and accrued expenses | $137,073 |
| Grants payable | $0 |
| Deferred revenue | $15,106 |
| 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 | $152,179 |
| Net assets without donor restrictions | $919,725 |
| Net assets with donor restrictions | $11,765,623 |
| 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 | $12,837,527 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Northern Virginia Science Center Foundation has recieved totaling $1,107,592.
| Awarding Organization | Amount |
|---|---|
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: DULLES TECHNOLOGY CORRIDOR CENTER | $600,000 |
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: NORTHERN VIRGINIA SCIENCE CENTER TITLE PARTNER SPONSORSHIP | $200,000 |
Micron Technology Foundation Inc Boise, ID PURPOSE: SCIENCE MUSEUM | $175,000 |
The Community Foundation For Northern Virginia Inc Oakton, VA PURPOSE: SCIENCE & TECHNOLOGY MUSEUM | $35,000 |
Columbus Foundation Columbus, OH PURPOSE: ARTS AND HUMANITIES | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $20,133 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Maryland Book Bank Inc Baltimore, MD | $907,685 | $4,917,061 |
Baltimore Childrens Museum Inc Baltimore, MD | $20,197,093 | $5,154,726 |
Childrens Museum Of Memphis Memphis, TN | $13,720,336 | $2,454,911 |
Creative Discovery Museum Chattanooga, TN | $21,187,184 | $5,712,908 |
Northern Virginia Science Center Foundation Fairfax, VA | $12,837,527 | $5,104,096 |
Childrens Museum Of Richmond Richmond, VA | $8,094,641 | $4,347,352 |
Moco Kidsco Bethesda, MD | $1,515,612 | $3,185,373 |
Association Of Childrens Museums Inc Arlington, VA | $3,950,433 | $4,135,274 |
Amazement Square Lynchburg, VA | $7,800,718 | $1,033,755 |
Muse Knoxville Knoxville, TN | $1,015,860 | $1,450,790 |
Childrens Museum Corporation Of Rutherford County Murfreesboro, TN | $5,763,596 | $2,253,346 |
Living Arts & Science Center Inc Lexington, KY | $4,687,840 | $645,337 |