Civic Intelligence

Science Central Inc.

990 • Fiscal year 2022 • EIN 31-1032583

Apr 01, 2021 to Mar 31, 2022 • Filed on Oct 11, 2022

1950 North Clinton StreetFort Wayne, IN 46805

(260) 424-2400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.03x

Higher debt load relative to assets than 30% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

34th percentile

0.08x

Higher debt load relative to revenue than 34% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

88th percentile

48%

Higher net margin than 88% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

42nd percentile

$104,811

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

82nd percentile

25%

Faster asset growth than 82% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

119%

Faster revenue growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$7,063,724

Up $1,423,391 (+25%) from 2021

Net Assets

Up

$6,822,823

Up $1,500,511 (+28%) from 2021

Liabilities

Down

$240,901

Down $77,120 (-24%) from 2021

Revenue

Up

$3,145,390

Up $1,708,587 (+119%) from 2021

Expenses

Up

$1,645,760

Up $119,668 (+7.8%) from 2021

Net Income

Up

$1,499,630

Up $1,588,919 (+1780%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,880,508Liabilities 2011: $127,780Net Assets 2011: $3,752,7282011Assets 2012: $4,895,534Liabilities 2012: $120,593Net Assets 2012: $4,774,9412012Assets 2013: $4,976,998Liabilities 2013: $87,224Net Assets 2013: $4,889,7742013Assets 2014: $5,124,437Liabilities 2014: $58,622Net Assets 2014: $5,065,8152014Assets 2015: $4,711,798Liabilities 2015: $73,119Net Assets 2015: $4,638,6792015Assets 2016: $4,717,885Liabilities 2016: $69,922Net Assets 2016: $4,647,9632016Assets 2017: $4,889,968Liabilities 2017: $90,531Net Assets 2017: $4,799,4372017Assets 2018: $5,027,426Liabilities 2018: $110,673Net Assets 2018: $4,916,7532018Assets 2019: $5,356,187Liabilities 2019: $114,595Net Assets 2019: $5,241,5922019Assets 2020: $5,565,219Liabilities 2020: $160,372Net Assets 2020: $5,404,8472020Assets 2021: $5,640,333Liabilities 2021: $318,021Net Assets 2021: $5,322,3122021Assets 2022: $7,063,724Liabilities 2022: $240,901Net Assets 2022: $6,822,8232022Assets 2023: $7,535,301Liabilities 2023: $204,684Net Assets 2023: $7,330,6172023Assets 2024: $6,920,843Liabilities 2024: $190,732Net Assets 2024: $6,730,1112024Assets 2025: $7,823,447Liabilities 2025: $283,978Net Assets 2025: $7,539,4692025

Highlighted filing

2022

Assets$7,063,724
Liabilities$240,901
Net Assets$6,822,823

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,105,1282011Expenses 2012: $1,208,7772012Expenses 2013: $1,297,1982013Revenue 2014: $1,637,129Expenses 2014: $1,487,685Net Income 2014: $149,4442014Revenue 2015: $1,087,707Expenses 2015: $1,514,196Net Income 2015: -$426,4892015Revenue 2016: $1,639,901Expenses 2016: $1,629,703Net Income 2016: $10,1982016Revenue 2017: $1,865,473Expenses 2017: $1,715,050Net Income 2017: $150,4232017Revenue 2018: $1,839,996Expenses 2018: $1,724,835Net Income 2018: $115,1612018Revenue 2019: $2,025,460Expenses 2019: $1,700,279Net Income 2019: $325,1812019Revenue 2020: $1,944,406Expenses 2020: $1,644,473Net Income 2020: $299,9332020Revenue 2021: $1,436,803Expenses 2021: $1,526,092Net Income 2021: -$89,2892021Revenue 2022: $3,145,390Expenses 2022: $1,645,760Net Income 2022: $1,499,6302022Revenue 2023: $2,616,814Expenses 2023: $2,038,200Net Income 2023: $578,6142023Revenue 2024: $1,528,697Expenses 2024: $2,230,196Net Income 2024: -$701,4992024Revenue 2025: $2,165,153Expenses 2025: $3,079,565Net Income 2025: -$914,4122025

Highlighted filing

2022

Revenue$3,145,390
Expenses$1,645,760
Net Income$1,499,630
Jump To
Filing Snapshot
Filing Period
Apr 1, 2021 to Mar 31, 2022
Signed
Oct 11, 2022
Return Version
2021v4.0
Gross Receipts
$3,213,368
Mission and Program Overview

Mission

Science central is a regional resource that provides inspiring and fun hands-on science education for all people of all ages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,383,760$1,930,377▲ $546,617
Land, Buildings, and Equipment, Net$1,825,776$1,696,014▼ $129,762
Savings and Temporary Cash Investments$2,043,798$1,405,912▼ $637,886
Investments in Publicly Traded Securities$57,048$1,036,867▲ $979,819
Pledges and Grants Receivable$184,149$269,477▲ $85,328
Accounts Receivable$7,917$78,559▲ $70,642
Inventories for Sale or Use$22,069$31,258▲ $9,189
Prepaid Expenses and Deferred Charges$46,225$9,508▼ $36,717
Total Assets$5,640,333$7,063,724▲ $1,423,391
Other Assets Total$69,591$605,752▲ $536,161
Liabilities
Other Liabilities$189,430--
Deferred Revenue$73,961$164,363▲ $90,402
Accounts Payable and Accrued Expenses$54,630$76,538▲ $21,908
Total Liabilities$318,021$240,901▼ $77,120
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,475,896$3,579,949▲ $104,053
Net Assets With Donor Restrictions$1,846,416$3,242,874▲ $1,396,458
Total Net Assets Fund Balance$5,322,312$6,822,823▲ $1,500,511
Total Liabilities and Net Assets / Fund Balance$5,640,333$7,063,724▲ $1,423,391

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,187,930$6,219,578$7,407,508
Other Land Buildings$508,084$2,016,212$2,524,296
Other Assets Org$39,549--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$93,643$1,032,547▲ $8,197$53,323$1,076,916
2020$82,728$500▲ $18,076$7,498$93,643
2019$86,308-▼ $3,403-$82,728
2018$48,803$36,533▲ $1,133-$86,308
2017$44,613$1,000▲ $3,348-$48,803
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Martin S FisherPresident/edFT$90,392$14,419$104,811

Board Members and Trustees

NameTitle
Larry KayChair
Michael GeruePast Chair
Andrea GeyerVice Chair
Ashley SavieoDirector
Ashley WirgesDirector
Cammy TreadwayDirector
Curtis TomlinsonDirector
Dan BeechyDirector
Dan StokerDirector
David PlumbDirector
Jessica MontalvoDirector
Kevin BesoreDirector
Lauren McmannDirector
Mark BruhnDirector
Mark KittakaDirector
Sarah RichmondDirector
Scott PlantDirector
Steve SteigmeyerDirector
Vern CrewsDirector
Will RamseyDirector
Tom HenryEx-officio
John McgauleySecretary
Doug BurdickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,635,144
Program Service Revenue
$462,040
Investment Income
$9,220
Other Revenue
$38,986
All Other Contributions
$2,022,165
Change in Net Assets
$1,499,630

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,146,796
Revenue Not Reported on Financial Statements
$-1,406
Revenue Not Reported on Form 990
$28,679
Other Revenue Adjustments
$-1,406
Total Revenue per Audited Statements
$3,175,475
Total Revenue per Form 990
$3,145,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$946,640
Other Expenses$699,120
Total Fundraising Expense$262,719
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$500,671$55,298$138,705$694,674
Depreciation Depletion$268,792$47,434-$316,226
Occupancy$132,781$13,143$302$146,226
Current Officers, Directors, Trustees, and Key Employees$21,894$43,785$43,786$109,465
Other Employee Benefits$64,529$14,382$4,951$83,862
Office Expenses$16,023$20,302$37,203$73,528
Payroll Taxes$38,588$6,929$13,122$58,639
Information Technology$13,163$9,543$24,306$47,012
Insurance$28$43,578-$43,606
Advertising$17,004$51$124$17,179
Fees for Services Accounting$737$14,569-$15,306
Conferences and Meetings$2,375$1,622$220$4,217
Fees for Services Other-$800-$800
Other Expenses$416--$416
Total Functional Expenses$1,111,605$271,436$262,719$1,645,760

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,676,780
Expenses per Audited Statements$1,648,101
Total Expenses per Form 990$1,645,760
Expenses Not Reported on Form 990$28,679
Expenses Not Reported on Financial Statements$-2,341
Other Expense Adjustments$-2,341
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$22,639
Fundraising Gross Income$11,820
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mixology$69,743$6,680-$6,680
Whisky Whiskey$35,929$1,340-$1,340
Total Events$129,404$11,820$22,639$-10,819
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The director of finance will be primarily responsible for facilitating the preparation of the irs form 990 (hereinafter "form 990") in compliance with irs regulations. He/she will work to provide information to the outside auditors for the preparation of the form 990. In advance of the filing deadline, once the form 990 has been completed, it will be submitted to the finance committee for review. After the finance committee has approved the form 990, it will be presented to the executive committee. Once the executive committee has approved it, it will be presented to the full board for review and approval prior to submission to the irs. At each level of review, the copies of the form 990 may be transmitted in either paper or electronic copy.

Form 990, Page 6, Part VI, Line 12C

Conflicts of interest must be reported immediately; disclosure of conflicts of interest is an essential and ongoing obligation for board members in the course of their duties. If a conflict of interest is identified, it should be discussed with the president and chairman of the board to identify the proper course of remedial action. These actions may range from recusal in any business transactions involving science central or the other interested organization to withdrawing from involvement in the other organization's business or board of directors to other actions that assure the conflict of interest or even the appearance of a conflict of interest may be avoided.

Form 990, Page 6, Part VI, Line 15A

Science central's executive committee reviews and establishes (or makes a recommendation to the full board for approval) executive compensation on an annual basis, usually in the first month of the fiscal year, based on the following factors: a. Achievement of goals and objectives as established by the executive committee, either through the establishment of such goals and objectives on an annual basis and/or successful implementation of a board approved strategic plan during the just concluded fiscal year. B. A survey of executive compensation for not-for-profit executive directors/presidents in the fort wayne, allen county and northeast indiana area, as such information is available c. Availability of funding as determined during preparation of the fiscal year's budget and approved by the executive committee or full board of directors.

Form 990, Page 6, Part VI, Line 18

The organization's irs form 990 for the prior three years is available at www.guidestar.org. The organizations 990 is also available at irs.gov.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Science Central Inc
EIN
31-1032583
Phone
2604242400
Address
1950 NORTH CLINTON STREET, FORT WAYNE, IN 46805

Signing Officer

Name
Martin S Fisher
Title
President/ed
Phone
2604242400
Signed
2022-10-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Martin S Fisher
Formed
1995
Legal Domicile
In
Voting Board Members
22
Independent Board Members
21
Employees
46
Volunteers
105

Preparer

Firm
Dulin Ward & Dewald Inc
Address
9921 DUPONT CIRCLE DR W 300, FORT WAYNE, IN 46825-1610
Preparer
Susan a Berghoff CPA
Phone
2604232414
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Increasing public willingness to attend events outside of the home allowed science central to successfully host several new and unique events over the course of the 2021-2022 fiscal year. Some of these events included world architecture day, chemistry day, and mad science day, which was hosted in partnership with the downtown improvement district's annual fright night event. We were also able to provide hands-on science activities outside of our facility at events like taste of the arts, the history center's festival of gingerbread, and world rivers day, held at promenade park. Special events at our center and at other community locations help lead new audiences with a wide range of interests to discover the wonder of stem and, in the case of events like world rivers day, allow us to showcase particular stem topics in depth. Over the course of the year, we were also able to present the community with three temporary exhibitions. The first, "going viral," helped visitors learn about the nature of viruses and how pandemics spread. The second, "outreach to space," used several hands-on, interactive stations to educat visitors about how humans travel to space, what is needed to survive in space, and what the future of space exploration may hold. The third, "our weakening web," used realistic dioramas and interactive stations to teach visitors about natural extinctions and the relationships between the many organisms that make up ecosystems. Science central added several new and exciting exhibits in the 2021-2022 fiscal year. These included "make-it die cut," in which visitors learn about the manufacturing technique of die cutting by using a metal die to cut a piece of paper into a shape that can be folded into a box, which visitors can then take with them. This popular exhibit encourages visitors to consider the stem aspects of manufacturing, which is important in indiana, where manufacturing is economically significant. Another new exhibit is the "wind lab." at this exhibit, visitors can put different shaped blades on model wind turbines to see how these changes affect the amount of power produced by the turbine. This renewable energy exhibit is one of the ways science central engages visitors with stem topics relevant to the current era. The "pixel peg," located in our early learners' area, kids central, allows children to express themselves creatively as they experiment with color and light by inserting large, colorful, transparent pegs onto a light up board. For those familiar with the lite brite toy, this exhibit is like a giant version of it. Finally, our newest exhibit is the topography sandbox, which allows visitors to shape sand into landscapes, while a camera and projector above the sandbox projects different colors onto different heights of sand and shows how water would flow through the landscape. This exhibit can be used to demonstrate many earth science and geology concepts. All these new exhibits expand what visitors can learn at science central and encourage both new and repeat visitors to come and experience hands-on science in in fresh and interesting ways.

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Unrrealized gain on beneficial interest -1,406

Schedule D, Page 4, Part XII, Line 4B

UNREALIZED LOSS -2,341

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IRS990/Desc0INCREASING PUBLIC WILLINGNESS TO ATTEND EVENTS OUTSIDE OF THE HOME ALLOWED SCIENCE CENTRAL TO SUCCESSFULLY HOST SEVERAL NEW AND UNIQUE EVENTS OVER THE COURSE OF THE 2021-2022 FISCAL YEAR. SOME OF THESE EVENTS INCLUDED WORLD ARCHITECTURE DAY, CHEMISTRY DAY, AND MAD SCIENCE DAY, WHICH WAS HOSTED IN PARTNERSHIP WITH THE DOWNTOWN IMPROVEMENT DISTRICT'S ANNUAL FRIGHT NIGHT EVENT. WE WERE ALSO ABLE TO PROVIDE HANDS-ON SCIENCE ACTIVITIES OUTSIDE OF OUR FACILITY AT EVENTS LIKE TASTE OF THE ARTS, THE HISTORY CENTER'S FESTIVAL OF GINGERBREAD, AND WORLD RIVERS DAY, HELD AT PROMENADE PARK. SPECIAL EVENTS AT OUR CENTER AND AT OTHER COMMUNITY LOCATIONS HELP LEAD NEW AUDIENCES WITH A WIDE RANGE OF INTERESTS TO DISCOVER THE WONDER OF STEM AND, IN THE CASE OF EVENTS LIKE WORLD RIVERS DAY, ALLOW US TO SHOWCASE PARTICULAR STEM TOPICS IN DEPTH. OVER THE COURSE OF THE YEAR, WE WERE ALSO ABLE TO PRESENT THE COMMUNITY WITH THREE TEMPORARY EXHIBITIONS. THE FIRST, "GOING VIRAL," HELPED VISITORS LEARN ABOUT THE NATURE OF VIRUSES AND HOW PANDEMICS SPREAD. THE SECOND, "OUTREACH TO SPACE," USED SEVERAL HANDS-ON, INTERACTIVE STATIONS TO EDUCAT VISITORS ABOUT HOW HUMANS TRAVEL TO SPACE, WHAT IS NEEDED TO SURVIVE IN SPACE, AND WHAT THE FUTURE OF SPACE EXPLORATION MAY HOLD. THE THIRD, "OUR WEAKENING WEB," USED REALISTIC DIORAMAS AND INTERACTIVE STATIONS TO TEACH VISITORS ABOUT NATURAL EXTINCTIONS AND THE RELATIONSHIPS BETWEEN THE MANY ORGANISMS THAT MAKE UP ECOSYSTEMS. SCIENCE CENTRAL ADDED SEVERAL NEW AND EXCITING EXHIBITS IN THE 2021-2022 FISCAL YEAR. THESE INCLUDED "MAKE-IT DIE CUT," IN WHICH VISITORS LEARN ABOUT THE MANUFACTURING TECHNIQUE OF DIE CUTTING BY USING A METAL DIE TO CUT A PIECE OF PAPER INTO A SHAPE THAT CAN BE FOLDED INTO A BOX, WHICH VISITORS CAN THEN TAKE WITH THEM. THIS POPULAR EXHIBIT ENCOURAGES VISITORS TO CONSIDER THE STEM ASPECTS OF MANUFACTURING, WHICH IS IMPORTANT IN INDIANA, WHERE MANUFACTURING IS ECONOMICALLY SIGNIFICANT. ANOTHER NEW EXHIBIT IS THE "WIND LAB." AT THIS EXHIBIT, VISITORS CAN PUT DIFFERENT SHAPED BLADES ON MODEL WIND TURBINES TO SEE HOW THESE CHANGES AFFECT THE AMOUNT OF POWER PRODUCED BY THE TURBINE. THIS RENEWABLE ENERGY EXHIBIT IS ONE OF THE WAYS SCIENCE CENTRAL ENGAGES VISITORS WITH STEM TOPICS RELEVANT TO THE CURRENT ERA. THE "PIXEL PEG," LOCATED IN OUR EARLY LEARNERS' AREA, KIDS CENTRAL, ALLOWS CHILDREN TO EXPRESS THEMSELVES CREATIVELY AS THEY EXPERIMENT WITH COLOR AND LIGHT BY INSERTING LARGE, COLORFUL, TRANSPARENT PEGS ONTO A LIGHT UP BOARD. FOR THOSE FAMILIAR WITH THE LITE BRITE TOY, THIS EXHIBIT IS LIKE A GIANT VERSION OF IT. FINALLY, OUR NEWEST EXHIBIT IS THE TOPOGRAPHY SANDBOX, WHICH ALLOWS VISITORS TO SHAPE SAND INTO LANDSCAPES, WHILE A CAMERA AND PROJECTOR ABOVE THE SANDBOX PROJECTS DIFFERENT COLORS ONTO DIFFERENT HEIGHTS OF SAND AND SHOWS HOW WATER WOULD FLOW THROUGH THE LANDSCAPE. THIS EXHIBIT CAN BE USED TO DEMONSTRATE MANY EARTH SCIENCE AND GEOLOGY CONCEPTS. ALL THESE NEW EXHIBITS EXPAND WHAT VISITORS CAN LEARN AT SCIENCE CENTRAL AND ENCOURAGE BOTH NEW AND REPEAT VISITORS TO COME AND EXPERIENCE HANDS-ON SCIENCE IN IN FRESH AND INTERESTING WAYS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.82$0.28$7.54$2.17$3.08$0.91
2024Detailed filing. Detailed filing data is available for this year.$6.92$0.19$6.73$1.53$2.23$0.70
2023Detailed filing. Detailed filing data is available for this year.$7.54$0.20$7.33$2.62$2.04$0.58
2022Detailed filing. Detailed filing data is available for this year.$7.06$0.24$6.82$3.15$1.65$1.50
2021Detailed filing. Detailed filing data is available for this year.$5.64$0.32$5.32$1.44$1.53$0.09
2020Detailed filing. Detailed filing data is available for this year.$5.57$0.16$5.40$1.94$1.64$0.30
2019Detailed filing. Detailed filing data is available for this year.$5.36$0.11$5.24$2.03$1.70$0.33
2018Detailed filing. Detailed filing data is available for this year.$5.03$0.11$4.92$1.84$1.72$0.12
2017Detailed filing. Detailed filing data is available for this year.$4.89$0.09$4.80$1.87$1.72$0.15
2016Detailed filing. Detailed filing data is available for this year.$4.72$0.07$4.65$1.64$1.63$0.01
2015Detailed filing. Detailed filing data is available for this year.$4.71$0.07$4.64$1.09$1.51$0.43
2014Detailed filing. Detailed filing data is available for this year.$5.12$0.06$5.07$1.64$1.49$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.98$0.09$4.89$1.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$0.12$4.77$1.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.88$0.13$3.75$1.11