Civic Intelligence

Orlando Science Center Inc.

990 • Fiscal year 2016 • EIN 59-0896343

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 14, 2016

Refreshing map…

777 E Princeton StreetOrlando, FL 32803

(407) 514-2262

Siviq Scores

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

Liabilities / Assets

48th percentile

0.21x

Higher debt load relative to assets than 48% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

52nd percentile

0.26x

Higher debt load relative to revenue than 52% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

76th percentile

14%

Higher net margin than 76% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

46th percentile

$162,546

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

80th percentile

14%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-6.1%

Faster revenue growth than 26% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$14,893,673

Up $1,778,427 (+14%) from 2015

Net Assets

Up

$11,796,021

Up $1,695,229 (+17%) from 2015

Liabilities

Up

$3,097,652

Up $83,198 (+2.8%) from 2015

Revenue

Down

$11,743,356

Down $759,387 (-6.1%) from 2015

Expenses

Up

$10,066,301

Up $1,246,781 (+14%) from 2015

Net Income

Down

$1,677,055

Down $2,006,168 (-54%) from 2015

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $7,639,203Liabilities 2011: $2,985,805Net Assets 2011: $4,653,3982011Assets 2012: $7,370,502Liabilities 2012: $2,788,027Net Assets 2012: $4,582,4752012Assets 2013: $7,783,420Liabilities 2013: $3,280,433Net Assets 2013: $4,502,9872013Assets 2014: $9,538,848Liabilities 2014: $3,141,186Net Assets 2014: $6,397,6622014Assets 2015: $13,115,246Liabilities 2015: $3,014,454Net Assets 2015: $10,100,7922015Assets 2016: $14,893,673Liabilities 2016: $3,097,652Net Assets 2016: $11,796,0212016Assets 2017: $15,306,628Liabilities 2017: $2,991,159Net Assets 2017: $12,315,4692017Assets 2018: $16,497,141Liabilities 2018: $2,629,593Net Assets 2018: $13,867,5482018Assets 2019: $27,010,344Liabilities 2019: $2,961,754Net Assets 2019: $24,048,5902019Assets 2020: $25,417,262Liabilities 2020: $2,465,627Net Assets 2020: $22,951,6352020Assets 2021: $27,790,639Liabilities 2021: $2,526,157Net Assets 2021: $25,264,4822021Assets 2022: $34,260,599Liabilities 2022: $3,543,697Net Assets 2022: $30,716,9022022Assets 2023: $34,537,976Liabilities 2023: $3,037,465Net Assets 2023: $31,500,5112023Assets 2024: $36,537,681Liabilities 2024: $3,626,827Net Assets 2024: $32,910,8542024Assets 2025: $38,974,922Liabilities 2025: $3,710,966Net Assets 2025: $35,263,9562025

Highlighted filing

2016

Assets$14,893,673
Liabilities$3,097,652
Net Assets$11,796,021

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $6,257,413Expenses 2011: $6,202,727Net Income 2011: $54,6862011Revenue 2012: $6,514,739Expenses 2012: $6,584,418Net Income 2012: -$69,6792012Revenue 2013: $7,796,916Expenses 2013: $7,875,973Net Income 2013: -$79,0572013Revenue 2014: $9,663,446Expenses 2014: $7,733,472Net Income 2014: $1,929,9742014Revenue 2015: $12,502,743Expenses 2015: $8,819,520Net Income 2015: $3,683,2232015Revenue 2016: $11,743,356Expenses 2016: $10,066,301Net Income 2016: $1,677,0552016Revenue 2017: $10,458,831Expenses 2017: $9,959,285Net Income 2017: $499,5462017Revenue 2018: $12,730,296Expenses 2018: $11,197,387Net Income 2018: $1,532,9092018Revenue 2019: $22,138,306Expenses 2019: $11,996,018Net Income 2019: $10,142,2882019Revenue 2020: $10,422,273Expenses 2020: $11,548,073Net Income 2020: -$1,125,8002020Revenue 2021: $12,311,297Expenses 2021: $10,040,333Net Income 2021: $2,270,9642021Revenue 2022: $16,913,295Expenses 2022: $11,126,237Net Income 2022: $5,787,0582022Revenue 2023: $14,104,581Expenses 2023: $13,489,273Net Income 2023: $615,3082023Revenue 2024: $17,205,547Expenses 2024: $16,059,639Net Income 2024: $1,145,9082024Revenue 2025: $19,938,677Expenses 2025: $17,824,749Net Income 2025: $2,113,9282025

Highlighted filing

2016

Revenue$11,743,356
Expenses$10,066,301
Net Income$1,677,055
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$12,007,984
Mission and Program Overview

Mission

Orlando science center's mission is "inspire science learning for life." the vision is: "to be the community partner that fosters creativity and curiosity for science which stimulates innovation that transforms our economy and enhances lives."

Inspire science learning for life

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,432,444$8,883,280▲ $2,450,836
Pledges and Grants Receivable$3,258,909$3,659,127▲ $400,218
Investments Other Securities$1,010,238$1,270,414▲ $260,176
Cash and Non-Interest-Bearing Accounts$2,133,033$776,422▼ $1,356,611
Accounts Receivable$82,368$105,945▲ $23,577
Prepaid Expenses and Deferred Charges$131,664$98,440▼ $33,224
Investments in Publicly Traded Securities$1,590--
Total Assets$13,115,246$14,893,673▲ $1,778,427
Other Assets Total$65,000$100,045▲ $35,045
Liabilities
Deferred Revenue$1,166,708$1,211,863▲ $45,155
Accounts Payable and Accrued Expenses$1,414,903$1,203,719▼ $211,184
Mortgage Notes Payable Secured by Investment Property$432,843$682,070▲ $249,227
Total Liabilities$3,014,454$3,097,652▲ $83,198
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,852,720$6,394,868▲ $1,542,148
Unrestricted Net Assets$4,546,486$4,461,158▼ $85,328
Permanently Rstr Net Assets$701,586$939,995▲ $238,409
Total Net Assets Fund Balance$10,100,792$11,796,021▲ $1,695,229
Total Liabilities and Net Assets / Fund Balance$13,115,246$14,893,673▲ $1,778,427

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,670,475$6,890,300$10,560,775
Leasehold Improvements$2,785,268$1,468,481$4,253,749
Buildings$1,841,091$1,549,757$3,390,848
Equipment$586,446$2,242,950$2,829,396
Other Securities$663,405--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$1,011,829$242,000▲ $16,585-$1,270,414
2014$995,117-▲ $16,770-$1,011,829
2013$620,657$360,000▲ $14,592-$995,117
2012$630,438-▼ $778-$620,657
2011$641,226-▼ $5,970-$630,438
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joann NewmanCEOFT$157,917$4,629$162,546
John MallozziCFOFT$64,641$4,548$69,189
Craig MeyerCFOFT$52,000$114$52,114

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Roto Group LLCExhibit Design & Fabrication7001 DISCOVERY BLVD 2ND FLOOR, Dublin, OH 43017$931,415
Lamm & Company PartnersFacility Renovations & Repairs968 LAKE BALDWIN LANE, Orlando, FL 32814$455,740
Zymphony Technology SolutionsComputer Services4902 EISENHOWER BLVD SUITE 250, Tampa, FL 33634$242,483
Owens Renz & Lee Co INCJanitorial Services2 SUMMIT PLACE, Branford, CT 06405$172,000
4m Building SolutionsJanitorial Services2827 CLARK AVENUE, St Louis, MO 63103$105,736
Revenue and Support

Revenue Composition

Contributions and Grants
$4,654,571
Program Service Revenue
$6,020,893
Investment Income
$1
Other Revenue
$1,067,891
All Other Contributions
$1,829,612
Change in Net Assets
$1,677,055

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table16$95,239Donor Value/cost
Other Non Cash Contri Table134$60,550Donor Value/selling
Total Noncash Contributions150$155,789-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,743,355
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,337,437
Total Revenue per Audited Statements
$13,080,792
Total Revenue per Form 990
$11,743,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,132,197
Salaries, Compensation, and Employee Benefits$4,934,104
Total Fundraising Expense$382,485
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,518,435$203,387$283,699$4,005,521
Depreciation Depletion$842,431--$842,431
Occupancy$682,771--$682,771
Fees for Services Other$502,308$28,313$51,430$582,051
Advertising$480,081--$480,081
Payroll Taxes$301,731$42,377$25,602$369,710
Other Employee Benefits$239,995$30,963$8,578$279,536
Current Officers, Directors, Trustees, and Key Employees-$279,337-$279,337
Royalties$259,488--$259,488
Insurance$243,424--$243,424
Information Technology$151,775-$7,977$159,752
Other Expenses$115,470--$115,470
Office Expenses$60,231$8,674$4,369$73,274
Travel$41,389$1,377$830$43,596
All Other Expenses$35,537--$35,537
Fees for Services Accounting-$22,500-$22,500
Interest$10,019--$10,019
Fees for Services Legal-$6,426-$6,426
Total Functional Expenses$9,060,462$623,354$382,485$10,066,301

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,385,563
Expenses per Audited Statements$10,066,301
Total Expenses per Form 990$10,066,301
Expenses Not Reported on Form 990$1,319,262
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$205,997
Fundraising Gross Income$67,508
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Science of Wine$72,901$23,271$55,327$-32,056
Golf Tournament$192,728$7,403$18,368$-10,965
Total Events$363,814$67,508$205,997$-138,489
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
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 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, Part VIII, Line 1E - Government Grants

Fee-based continuing education programs: these on and off-site programs focus upon integrating informal learning strategies into interpretive delivery methods and messages. On-site, exhibit and education services and live programs focus on basic scientific principles and how those principles take form through technologies relevant to everyday life. Off-site programs complement, enhance and extend the osc experience to participants throughout central florida. Touring exhibits: these temporary exhibitions are brought in to supplement and extend content of the core exhibits. Many focus on early childhood, bringing familiar story characters and settings to life. Occasional blockbuster exhibits like mummies of the world are brought in to appeal to broad audience interests and age groups. All osc experiential venues inspire and engage visitors in science interactions that advance science, technology, engineering and math (stem) learning.

Form 990, Part VIII, Line 1E - Government Grants

Line 1e - government grants (contributions): federal $ 42,750 state of florida $1,621,792 orange county $ 237,081 osceola county 18,100 city of orlando $ 448,800 total - line 1e $2,368,523

Form 990, Part VI, Section B, Line 11

The 990 is emailed to the cfo, controller, and board members for comments and/or possible changes before it is signed and filed with the irs.

Form 990, Part VI, Section B, Line 12C

An orlando science center trustee, staff member, or volunteer should conduct all of his or her activities, including those relating to persons or businesses with whom the person is closely associated, in such a way that no conflict will arise between the other interests and the policies, operations or interests of the science center. The appearance of such conflict should also be avoided. Orlando science center trustees, staff, or volunteers should not associate the science center with any personal political activities. Osc is prohibited by law from participation in political campaigns. Trustees, staff and volunteers are prohibited from using the organization's name in connection with any political activity. When orlando science center trustees seek staff assistance for personal needs they should not expect that such help will be rendered to an extent greater than that available to a member of the general public in similar circumstances or with similar needs. Osc believes that the most priceless asset of an employee, or of the organization, is its integrity. Osc fully expects that all employees observe the highest professional ethical standards in dealings in which they represent the center. In the same fashion, osc expects that all employees, in their representation of the organization, avoid activities that create a conflict of interest with their responsibilities to the center. It is the employee's duty to follow the guidelines about conflicts of interest. If this is not clear to the employee or if there are questions about conflicts of interest, the employee is to contact the human resources department. A conflict of interest is not easy to define. It refers to actions, behaviors or decisions that are contradictory to the best interest of the osc. Conflicts of interest may include, but not limited to: 1. Performing non-osc work during regular work hours. 2. Uses of osc projects, programs, exhibit plans, material, equipment, software, hardware, supplies and/or employees for personal or non-osc reasons or projects. 3. Entering into agreements or contracts with outside suppliers, vendors, candidates for employment, etc., which result in personal financial gain, reward, special status or personal favors for the osc employee involved in the transaction. 4. Using one's position at the osc to enhance one's position, status, or financial gain at the expense of, or to the determent of the osc. If there is any influence on transactions involving purchases, contracts, or leases, employees must tell their direct supervisor or the human resources department as soon as possible. By disclosing there is the possibility of an actual or potential conflict of interest, safeguards can be set up to protect everyone involved. Employees who are requested to perform consulting, advisory or other professional services for other organizations are required to obtain written approval from the osc president / ceo, in order to avoid jeopardizing the center's proprietary material or risking the center's competitive position. All salaried employees must report outside activities to human resources. Violation of this procedure may result in disciplinary action up to and including termination of employment. Other instances of representative conflicts of interest: osc recognizes and respects each employee's right to privacy and to engage in personal activities outside the scope of his/her employment with the center. 1. Outside employment - no employee of the osc shall accept simultaneous employment with another organization when that employment would present a conflict of interest. Such conflict would be most likely if the other organization is a competitor or supplier. A conflict may also arise if the hours or conditions of the other job interfere with the employee's job performance at the osc. 2. Protecting trade secrets - osc has developed special ways to develop, produce, and market its services and products. Employees having access to these trade secre

Form 990, Part VI, Section B, Line 15A

The ceo's compensation is reviewed and approved by an independent compensation committee and based on appropriate comparative data and results in contemporaneous documentation of the decision.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available thru the guidestar website or upon request for the same period of disclosure as set forth in irc section 6104(d).

Filing and Contact Details

Filer

Filer Name
Orlando Science Centerinc
EIN
59-0896343
Phone
4075142262
Address
777 E PRINCETON STREET, ORLANDO, FL 32803

Signing Officer

Name
Craig Meyer
Title
CFO
Phone
4075142262
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joann Newman
Formed
1955
Legal Domicile
Fl
Voting Board Members
30
Independent Board Members
30
Employees
337
Volunteers
1,619

Preparer

Firm
Schafer Tschopp Whitcomb Et Al
Address
541 S ORLANDO AVENUE SUITE 312, MAITLAND, FL 32751
Preparer
Thomas R Tschopp
Phone
4078752760
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 33

Beginning of year end of year deposit - mindbender mansion $ 30,000 $ 61,295 deposit - wizard of oz $ 35,000 $ 0 deposit - hall of heroes $ 0 $ 12,000 deposit - identity $ 0 $ 20,000 deposit - toytopia $ 0 $ 6,750 total - other assets $ 65,000 $ 100,045

PART I, LINE 8 - CONTRACTS AND GRANTS REVENUE:

Osc is currently conducting a multi-year comprehensive campaign fundraising effort. Contributions are recognized when unconditional promises to give are received, and revenues will vary year-to-year. Current year campaign revenues are $2.0 million. Prior year campaign revenues were $3.7 million.

Part I, Line 15 - Salaries

During fiscal year 2016, osc added twelve full time positions across education, public programs, exhibits, and administrative departments.

Financial Statement Notes

PART V, LINE 4:

Investment income derived from permanently restricted endowment funds used for general operations of the organization.

PART X, LINE 2:

In accordance with "income taxes" financial accounting standards board (fasb) accounting standards codification topic 740 (topic 740), all entities are required to evaluate and disclose income tax risks. Topic 740 clarifies the accounting for uncertainty in tax positions and prescribes guidance related to the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The tax benefit from an uncertain tax position is only recognized in the statement of financial position if the tax position is more likely than not to be sustained upon an examination, based on the technical merits of the position. Interest and penalties, if any, are included in expenses in the statement of activities. As of june 30, 2016, the osc had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. Osc's income tax returns are subject to review and examination by federal authorities. The osc is not aware of any activities that would jeopardize its tax-exempt status. The osc is not aware of any activities that are subject to tax on unrelated business income, excise or other taxes. The tax returns for the fiscal years ended from 2013 to 2015 are open to examination by federal authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses related to rental income 58,631. Special event - direct benefit to donor costs 205,997.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses related to rental income 58,631. Special event - direct benefit to donor costs 205,997.

Raw XML AppendixShowing 400 of 835 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0EDUCATION SERVICES AND LIVE PROGRAMS - THESE INCLUDE ON-SITE DEMONSTRATIONS, PROGRAMS, LAB AND SCHOOL FIELD TRIP ACTIVITIES, TEACHER PROFESSIONAL DEVELOPMENT, HOLIDAY AND SUMMER CAMPS AND CLASSES, AND PARTICIPATORY ACTIVITIES FOR VISITORS OF ALL AGES. OFF-SITE PROGRAMS BRING CLASSROOM AND ASSEMBLY-TYPE PROGRAMS TO STUDENTS AND THEIR PARENTS AT LOCAL SCHOOLS, LIBRARIES, AND OTHER EDUCATIONAL AND CULTURAL VENUES. OFF-SITE PROGRAMS SERVE STUDENTS IN NINE COUNTIES THROUGHOUT CENTRAL FLORIDA.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.0$3.71$35.3$19.9$17.8$2.11
2024Summary only. Only limited summary data is available for this year.$36.5$3.63$32.9$17.2$16.1$1.15
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.5$3.04$31.5$14.1$13.5$0.62
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.3$3.54$30.7$16.9$11.1$5.79
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.8$2.53$25.3$12.3$10.0$2.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.4$2.47$23.0$10.4$11.5$1.13
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$2.96$24.0$22.1$12.0$10.1
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.5$2.63$13.9$12.7$11.2$1.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.3$2.99$12.3$10.5$9.96$0.50
2016Detailed filing. Detailed filing data is available for this year.$14.9$3.10$11.8$11.7$10.1$1.68
2015Detailed filing. Detailed filing data is available for this year.$13.1$3.01$10.1$12.5$8.82$3.68
2014Detailed filing. Detailed filing data is available for this year.$9.54$3.14$6.40$9.66$7.73$1.93
2013Summary only. Only limited summary data is available for this year.$7.78$3.28$4.50$7.80$7.88$0.08
2012Summary only. Only limited summary data is available for this year.$7.37$2.79$4.58$6.51$6.58$0.07
2011Summary only. Only limited summary data is available for this year.$7.64$2.99$4.65$6.26$6.20$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • $10M-$25M nonprofits