California Science Center Foundation
- Assets
- $155.7m
- Revenue
- $24.4m
- Investments
- $650.5k
- Employees
- 360
- Location
- Los Angeles, CA
- Founding
- 02/1959
- Data as of
- 06/2021
- EIN
- 95-2210527
Organization Overview
California Science Center Foundation is located in Los Angeles, CA. The organization was established in 1959. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, California Science Center Foundation employed 360 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Science Center Foundation 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, California Science Center Foundation generated $24.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $15.6m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 6 years. 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
CSCF ASPIRES TO STIMULATE CURIOSITY AND INSPIRE SCIENCE LEARNING IN EVERYONE BY CREATING FUN, MEMORABLE EXPERIENCES, BECAUSE WE VALUE SCIENCE AS AN INDISPENSABLE TOOL FOR UNDERSTANDING OUR WORLD, ACCESSIBILITY AND INCLUSIVENESS, AND ENRICHING PEOPLE'S LIVES.THE CALIFORNIA SCIENCE CENTER CLOSED IN MARCH 2020 DUE TO THE COVID-19 PANDEMIC. IN MARCH 2021, MUSEUMS IN LOS ANGELES COUNTY WERE GIVEN PERMISSION TO OPEN AT 25% CAPACITY. THE CALIFORNIA SCIENCE CENTER RE-OPENED TO THE PUBLIC ON MARCH 27, 2021, FOLLOWING ALL FEDERAL, STATE, COUNTY, AND CITY SAFETY PROTOCOLS RELATED TO REDUCED CAPACITY, REMOTE WORK, PHYSICAL DISTANCING, AND FACE MASKS. ON JUNE 15, 2021 MUSEUMS IN THE COUNTY WERE GIVEN PERMISSION TO OPEN AT 100% CAPACITY. ATTENDANCE FOR THE YEAR-ENDED JUNE 30, 2021 REFLECTS THE CLOSURE AND CAPACITY RESTRICTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATIONS - EXHIBIT FACILITATION FOR GUESTS VISITING THE SCIENCE CENTER. TOTAL ATTENDANCE SINCE SCIENCE CENTER RE-OPENED FROM 3/27/21 IS 187,767.
GALLERY AND EXHIBITS
EDUCATIONAL PROGRAMS.
OTHER PROGRAM INCLUDE IMAX EDUCATIONAL MOVIES & CONFERENCE RESERVATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Sowd Srvp, COO | Officer | 40 | $184,393 |
Cynthia Pygin CFO (until 05/2021) | Officer | 40 | $162,754 |
Alyson Goodall Srvp, Cao | Officer | 40 | $136,834 |
Kent Jones Vp-Retail Operations | 40 | $115,552 | |
Shell Amega Vp-Communications | 40 | $114,932 | |
Joning Meng Controller | 40 | $108,981 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evidence Design Llc Exhibit Designer | 6/29/21 | $412,260 |
Tsx Operating Llc Exhibit Work | 6/29/21 | $193,473 |
Storyline Studio Llc Exhibit Designer | 6/29/21 | $150,432 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,300,188 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,063,814 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,789,283 |
| Noncash contributions included in lines 1a–1f | $61,773 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,153,285 |
| Total Program Service Revenue | $3,223,211 |
| Investment income | $2,411,278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $644,239 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$139,415 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,362,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $52,758 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $464,496 |
| Compensation of current officers, directors, key employees. | $211,148 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,707,820 |
| Pension plan accruals and contributions | $165,379 |
| Other employee benefits | $1,436,854 |
| Payroll taxes | $525,321 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $78,365 |
| Fees for services: Accounting | $110,589 |
| Fees for services: Lobbying | $70,200 |
| Fees for services: Fundraising | $18,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,165,398 |
| Advertising and promotion | $400,395 |
| Office expenses | $812,207 |
| Information technology | $217,406 |
| Royalties | $59,733 |
| Occupancy | $48,759 |
| Travel | $37,101 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,327 |
| Interest | $1,196,415 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $685,274 |
| Insurance | $207,329 |
| All other expenses | $120,219 |
| Total functional expenses | $15,585,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,637,156 |
| Savings and temporary cash investments | $1,557,235 |
| Pledges and grants receivable | $16,552,779 |
| Accounts receivable, net | $2,009,538 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,749,630 |
| Inventories for sale or use | $710,717 |
| Prepaid expenses and deferred charges | $289,914 |
| Net Land, buildings, and equipment | $7,182,054 |
| Investments—publicly traded securities | $97,376,068 |
| Investments—other securities | $650,525 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,137 |
| Total assets | $155,744,753 |
| Accounts payable and accrued expenses | $2,980,776 |
| Grants payable | $0 |
| Deferred revenue | $27,702,287 |
| Tax-exempt bond liabilities | $42,209,249 |
| 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 | $2,000,000 |
| Total liabilities | $74,892,312 |
| Net assets without donor restrictions | $46,451,272 |
| Net assets with donor restrictions | $34,401,169 |
| 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 | $155,744,753 |
Grants Recieved
Over the last fiscal year, we have identified 48 grants that California Science Center Foundation has recieved totaling $12,663,105.
| Awarding Organization | Amount |
|---|---|
Thomas And Dorothy Leavey Foundation Los Angeles, CA PURPOSE: PAYMENTS FOR EDUCATIONAL PURPOSES | $6,000,000 |
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: OVER TWO YEARS TO SUPPORT PHASE III OF THE CENTER'S MASTER PLAN, THE LARGEST COMPONENT OF WHICH IS THE SAMUEL OSCHIN AIR AND SPACE CENTER | $1,500,000 |
Thomas And Dorothy Leavey Foundation Los Angeles, CA PURPOSE: PAYMENT FOR EDUCATIONAL PURPOSES | $1,000,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: MEDICAL / PUBLIC SERVICES | $1,000,000 |
John H & Cynthia Lee Smet Foundation Manhattan Beach, CA PURPOSE: EDUCATION | $800,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $500,000 |
Endowment Analysis
| Beg. Balance | $9,756,723 |
| Earnings | $2,665,856 |
| Other Expense | $286,681 |
| Ending Balance | $12,135,898 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oregon Museum Of Science And Industry Portland, OR | $61,863,442 | $22,605,398 |
The Tech Interactive San Jose, CA | $88,983,171 | $16,975,651 |
California Science Center Foundation Los Angeles, CA | $155,744,753 | $24,362,807 |
Arizona Science Center Phoenix, AZ | $42,216,193 | $8,552,615 |
Arizona Aerospace Foundation Inc Tucson, AZ | $18,675,061 | $9,727,919 |
Discovery Science Center Of Los Angeles Sylmar, CA | $18,703,953 | $7,039,819 |
San Diego Air & Space Museum San Diego, CA | $10,386,461 | $7,577,855 |
Arizona Diamondbacks Foundation Inc Phoenix, AZ | $3,130,181 | $5,576,450 |
Evergreen Aviation And Space Museum And The Captain Michael King Smith Mcminnville, OR | $3,113,905 | $4,749,913 |
World Of Speed Wilsonville, OR | $3,593,305 | $2,665,712 |
Scienceworks Hands-On Museum Ashland, OR | $1,437,055 | $1,122,594 |
World Of Wonders Science Museum Inc Lodi, CA | $3,555,384 | $1,048,536 |