Liabilities / Assets
5th percentile
Higher debt load relative to assets than 5% of similar nonprofits.
EIN 59-1022050 • 501(c)3 • Daytona Beach, FL
Profile
The museum of arts and sciences, inc. Purpose is to render educational and cultural services to the community through the collection, preservation, conservation and interpretation of original and significant objects that are the cultural heritage of this community. Particular emphasis is directed to programs for bringing about a better understanding and appreciation of art, the world in which we live, and the natural and social sciences embodied in the history of mankind.
Refreshing map…
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
5th percentile
Higher debt load relative to assets than 5% of similar nonprofits.
Liabilities / Revenue
5th percentile
Higher debt load relative to revenue than 5% of similar nonprofits.
Net Margin
99th percentile
Higher net margin than 99% of similar nonprofits.
Top Officer Pay
11th percentile
Higher top officer pay than 11% of similar nonprofits.
Top officer pay equals 0.1% of source-year revenue.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
100th percentile
Faster revenue growth than 100% of similar nonprofits.
Assets
Up$232,120,906
Up $152,753,188 (+192%) from 2023
Liabilities
Down$241,392
Down $61,323 (-20%) from 2023
Net Assets
Up$231,879,514
Up $152,814,511 (+193%) from 2023
Revenue
Up$153,950,955
Up $148,163,134 (+2560%) from 2023
Expenses
Up$6,144,147
Up $1,205,843 (+24%) from 2023
Net Income
Up$147,806,808
Up $146,957,291 (+17299%) from 2023
Most recent year
2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.
The museum of arts and sciences, inc. Purpose is to render educational and cultural services to the community through the collection, preservation, conservation and interpretation of original and significant objects that are the cultural heritage of this community. Particular emphasis is directed to programs for bringing about a better understanding and appreciation of art, the world in which we live, and the natural and social sciences embodied in the history of mankind.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $50,493,732 | $44,286,361 | ▼ $6,207,371 |
| Land, Buildings, and Equipment, Net | $31,399,737 | $30,481,355 | ▼ $918,382 |
| Savings and Temporary Cash Investments | $650,615 | $657,818 | ▲ $7,203 |
| Cash and Non-Interest-Bearing Accounts | $216,018 | $391,196 | ▲ $175,178 |
| Pledges and Grants Receivable | $682,886 | $233,409 | ▼ $449,477 |
| Prepaid Expenses and Deferred Charges | $28,760 | $29,852 | ▲ $1,092 |
| Inventories for Sale or Use | $26,063 | $26,313 | ▲ $250 |
| Total Assets | $83,635,410 | $76,243,903 | ▼ $7,391,507 |
| Other Assets Total | $137,599 | $137,599 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $265,670 | $256,885 | ▼ $8,785 |
| Other Liabilities | - | $200,000 | - |
| Deferred Revenue | $80,889 | $64,849 | ▼ $16,040 |
| Total Liabilities | $346,559 | $521,734 | ▲ $175,175 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $62,022,088 | $55,531,545 | ▼ $6,490,543 |
| Net Assets Without Donor Restrictions | $21,266,763 | $20,190,624 | ▼ $1,076,139 |
| Total Net Assets Fund Balance | $83,288,851 | $75,722,169 | ▼ $7,566,682 |
| Total Liabilities and Net Assets / Fund Balance | $83,635,410 | $76,243,903 | ▼ $7,391,507 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $22,492,024 | $11,691,738 | $34,183,762 |
| Land | $7,359,700 | - | $7,359,700 |
| Equipment | $629,631 | $2,400,067 | $3,029,698 |
| Other Securities | $201,476 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $50,493,732 | $595,613 | ▼ $4,913,451 | $1,400,637 | $44,286,361 |
| 2021 | $45,380,689 | $1,003,721 | ▲ $5,509,959 | $1,400,637 | $50,493,732 |
| 2020 | $40,213,422 | $1,802,755 | ▲ $4,636,094 | $1,271,583 | $45,380,689 |
| 2019 | $25,048,529 | $13,861,327 | ▲ $3,175,946 | $1,872,380 | $40,213,422 |
| 2018 | $25,232,450 | $988,214 | ▼ $122,960 | $1,049,175 | $25,048,529 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Tabitha Schmidt | Executive Di | FT | $81,204 | $81,204 |
| Name | Title |
|---|---|
| Katherine Hurst Miller | President |
| Allison Morris-zacharias | Trustee |
| Amy Workowski | Trustee |
| Bruce Heugel | Trustee |
| Dr Ashley Lentz | Trustee |
| Garrett Klayer | Trustee |
| Jack White | Trustee |
| Jeri Delgado | Trustee |
| Jill Simpkins | Trustee |
| Judge Belle Schumann | Trustee |
| Melinda Dawson | Trustee |
| Randy Dye | Trustee |
| Cici Brown | Trustee Liai |
| Andrew Watts | Assistant Tr |
| Dr Kent Sharples | Assistant VP |
| Dianne Rogers | Guild Presid |
| Tom Hart | Past Preside |
| Ann Phillips | Secretary |
| Todd Huffstickler | Treasurer |
| Bill Chapin | Vice Preside |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Precision Automation | Technology | 637 RASLEY ROAD, New Smyrna Beach, FL 32168 | $126,745 |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,817,908 |
| Salaries, Compensation, and Employee Benefits | $1,807,019 |
| Total Fundraising Expense | $278,018 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $1,303,545 | - | $112,155 | $1,415,700 |
| Depreciation Depletion | $1,079,779 | - | - | $1,079,779 |
| Fees for Services Other | $327,284 | - | $2,614 | $329,898 |
| Office Expenses | $250,000 | - | $49,421 | $299,421 |
| Occupancy | $297,730 | - | - | $297,730 |
| Insurance | $194,462 | - | - | $194,462 |
| Current Officers, Directors, Trustees, and Key Employees | $163,512 | - | - | $163,512 |
| Payroll Taxes | $109,909 | - | $7,065 | $116,974 |
| Other Employee Benefits | $94,411 | - | $16,422 | $110,833 |
| Advertising | $15,454 | - | $61,302 | $76,756 |
| Fees for Services Legal | $28,400 | - | - | $28,400 |
| Travel | $20,976 | - | - | $20,976 |
| Other Expenses | $83,393 | - | $7,550 | $7,550 |
| Total Functional Expenses | $4,346,909 | $0 | $278,018 | $4,624,927 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $4,799,487 |
| Expenses per Audited Statements | $4,624,927 |
| Total Expenses per Form 990 | $4,624,927 |
| Expenses Not Reported on Form 990 | $174,560 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Insurance Claims | $200,000 |
“Although a copy of the draft 990 will not be provided to the board, the organization's director of finance will review the 990 return. A final copy of the 990 return will be provided to the board.”
“Although board members are not required to annually disclose conflicts of interest, they would refrain from voting if there was any potential conflict.”
“The board of directors reviews and approves compensation for the executive director. The executive director's salary is determined by examining comparable salaries of other museum directors. The compensation process is documented by the organization.”
“Governing documents are made available upon request.”
“The museum of arts and sciences, inc. Purpose is to render educational and cultural services to the community through the collection, preservation, conservation and interpretation of original and significant objects that are the cultural heritage of this community. Particular emphasis is directed to programs for bringing about a better understanding and appreciation of art, the world in which we live, and the natural and social sciences embodied in the history of mankind.”
“The museum of arts and sciences, inc. Maintains and operates a facility in daytona beach, fl. The museum collections and research include cuban and florida art, american fine and decorative arts, european paintings, pre- columbian and african artifacts, pleistocene fossils and regional natural history. Permanent and changing exhibits, lectures and classes highlight educational programs. One of those educational programs is the summer learning institute. The summer learning institute is a program that focuses on art, science and history, with many integrated learning experiences for our students. All classes are taught by degreed professionals with many years of teaching experience. It provides interactive and engaging experiences for each of its students. The museum houses changing art and science exhibition galleries, permanent collection galleries, a gallery of african art, paintings, decorative arts and furniture, a history of florida wing, a cuban fine and folk arts museum, a planetarium, library, the frischer sculpture garden, the root wing, maintains nature trails in a 60 acre reserve in adjacent tuscawilla park and maintains historic property called "gamble place." the museum maintains and operates a facility of historic buildings.”
“Collection items--the museum does not capitalize its collection items. The museum's collections are made up of articles of historical significance, scientific specimens and art objects. Each of the items is cataloged for educational, research, scientific and curatorial purposes and activities verifying their existence and assessing their condition are performed continuously. Costs of collection items purchased and proceeds from the sale of collection items are reflected on the statements of activities as changes in the appropriate net asset classes. Gains or from deaccessions of these items are also reflected on the statements of activities as changes in the appropriate net asset classes, depending on the existence and type of donor imposed restrictions. The museum's collections are insured as follows: 5,000,000 for items on museum premises, 1,250,000 for items in transit and 1,250,000 for items on loan at december 31, 2022 and 2021.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 256885 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE MUSEUM OF ARTS AND SCIENCES, INC. PURPOSE IS TO RENDER EDUCATIONAL AND CULTURAL SERVICES TO THE COMMUNITY THROUGH THE COLLECTION, PRESERVATION, CONSERVATION AND INTERPRETATION OF ORIGINAL AND SIGNIFICANT OBJECTS THAT ARE THE CULTURAL HERITAGE OF THIS COMMUNITY. PARTICULAR EMPHASIS IS DIRECTED TO PROGRAMS FOR BRINGING ABOUT A BETTER UNDERSTANDING AND APPRECIATION OF ART, THE WORLD IN WHICH WE LIVE, AND THE NATURAL AND SOCIAL SCIENCES EMBODIED IN THE HISTORY OF MANKIND. |
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| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 15454 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 76756 |
| IRS990/AllOtherContributionsAmt | 0 | 916108 |
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| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | TABITHA SCHMIDT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3852550285 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | DAYTONA BEACH |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 32114 |
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| IRS990/BusinessRlnWithFamMemInd | 0 | false |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 391196 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
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| IRS990/CollectionsOfArtInd | 0 | true |
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| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 163512 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
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| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | NEW SMYRNA BEACH |
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| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | PRECISION AUTOMATION |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | TECHNOLOGY |
| IRS990/CostOfGoodsSoldAmt | 0 | 70259 |
| IRS990/CreditCounselingInd | 0 | false |
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| IRS990/CYContributionsGrantsAmt | 0 | 1068072 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 2400197 |
| IRS990/CYOtherExpensesAmt | 0 | 2817908 |
| IRS990/CYOtherRevenueAmt | 0 | 112443 |
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| IRS990/CYRevenuesLessExpensesAmt | 0 | -259977 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1807019 |
| IRS990/CYTotalExpensesAmt | 0 | 4624927 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 278018 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 4364950 |
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| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 80889 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 64849 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 1079779 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 1079779 |
| IRS990/Desc | 0 | THE MUSEUM OF ARTS AND SCIENCES, INC. MAINTAINS AND OPERATES A FACILITY IN DAYTONA BEACH, FL. THE MUSEUM COLLECTIONS AND RESEARCH INCLUDE CUBAN AND FLORIDA ART, AMERICAN FINE AND DECORATIVE ARTS, EUROPEAN PAINTINGS, PRE- COLUMBIAN AND AFRICAN ARTIFACTS, PLEISTOCENE FOSSILS AND REGIONAL NATURAL HISTORY. PERMANENT AND CHANGING EXHIBITS, LECTURES AND CLASSES HIGHLIGHT EDUCATIONAL PROGRAMS. ONE OF THOSE EDUCATIONAL PROGRAMS IS THE SUMMER LEARNING INSTITUTE. THE SUMMER LEARNING INSTITUTE IS A PROGRAM THAT FOCUSES ON ART, SCIENCE AND HISTORY, WITH MANY INTEGRATED LEARNING EXPERIENCES FOR OUR STUDENTS. ALL CLASSES ARE TAUGHT BY DEGREED PROFESSIONALS WITH MANY YEARS OF TEACHING EXPERIENCE. IT PROVIDES INTERACTIVE AND ENGAGING EXPERIENCES FOR EACH OF ITS STUDENTS. THE MUSEUM HOUSES CHANGING ART AND SCIENCE EXHIBITION GALLERIES, PERMANENT COLLECTION GALLERIES, A GALLERY OF AFRICAN ART, PAINTINGS, DECORATIVE ARTS AND FURNITURE, A HISTORY OF FLORIDA WING, A CUBAN FINE AND FOLK ARTS MUSEUM, A PLANETARIUM, LIBRARY, THE FRISCHER SCULPTURE GARDEN, THE ROOT WING, MAINTAINS NATURE TRAILS IN A 60 ACRE RESERVE IN ADJACENT TUSCAWILLA PARK AND MAINTAINS HISTORIC PROPERTY CALLED "GAMBLE PLACE." THE MUSEUM MAINTAINS AND OPERATES A FACILITY OF HISTORIC BUILDINGS. |
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| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 62022088 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 55531545 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 57 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 4346909 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 28400 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 28400 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 2614 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 327284 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 329898 |
| IRS990/ForeignActivitiesInd | 0 | false |
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| IRS990/ForeignOfficeInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CICI BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | BILL CHAPIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MELINDA DAWSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JERI DELGADO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RANDY DYE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | TOM HART |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | BRUCE HEUGEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | TODD HUFFSTICKLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | GARRETT KLAYER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | DR ASHLEY LENTZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | KATHERINE HURST MILLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | ALLISON MORRIS-ZACHARIAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | ANN PHILLIPS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | DIANNE ROGERS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | JUDGE BELLE SCHUMANN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | DR KENT SHARPLES |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 17 | JILL SIMPKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 18 | ANDREW WATTS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 19 | JACK WHITE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 20 | AMY WORKOWSKI |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 81204 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | TRUSTEE |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | TRUSTEE |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | GUILD PRESID |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | ASSISTANT VP |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | ASSISTANT TR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | TRUSTEE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 20 | TRUSTEE |
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| IRS990/MissionDesc | 0 | THE MUSEUM OF ARTS AND SCIENCES, INC. PURPOSE IS TO RENDER EDUCATIONAL AND CULTURAL SERVICES TO THE COMMUNITY THROUGH THE COLLECTION, PRESERVATION, CONSERVATION AND INTERPRETATION OF ORIGINAL AND SIGNIFICANT OBJECTS THAT ARE THE CULTURAL HERITAGE OF THIS COMMUNITY. PARTICULAR EMPHASIS IS DIRECTED TO PROGRAMS FOR BRINGING ABOUT A BETTER UNDERSTANDING AND APPRECIATION OF ART, THE WORLD IN WHICH WE LIVE, AND THE NATURAL AND SOCIAL SCIENCES EMBODIED IN THE HISTORY OF MANKIND. |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1453704 |
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