Civic Intelligence

Discovery Place Inc DBA the Discovery Science Place Inc

990 • Fiscal year 2015 • EIN 75-2392134

Jan 01, 2015 to Dec 31, 2015 • Filed on May 11, 2016

308 N Broadway AveTyler, TX 75702

(903) 533-8011

Siviq Scores

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

Liabilities / Assets

24th percentile

0.01x

Higher debt load relative to assets than 24% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

35th percentile

0.05x

Higher debt load relative to revenue than 35% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

41st percentile

0.3%

Higher net margin than 41% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

58th percentile

$78,839

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 26.4% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

29th percentile

-3.4%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

13th percentile

-24%

Faster revenue growth than 13% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,626,779

Down $57,107 (-3.4%) from 2014

Net Assets

Down

$1,611,819

Down $60,868 (-3.6%) from 2014

Liabilities

Up

$14,960

Up $3,761 (+34%) from 2014

Revenue

Down

$298,955

Down $95,679 (-24%) from 2014

Expenses

Down

$298,186

Down $164,714 (-36%) from 2014

Net Income

Up

$769

Up $69,035 (+101%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,924,441Liabilities 2011: $88,436Net Assets 2011: $1,836,0052011Assets 2012: $1,768,466Liabilities 2012: $11,556Net Assets 2012: $1,756,9102012Assets 2013: $1,796,371Liabilities 2013: $43,473Net Assets 2013: $1,752,8982013Assets 2014: $1,683,886Liabilities 2014: $11,199Net Assets 2014: $1,672,6872014Assets 2015: $1,626,779Liabilities 2015: $14,960Net Assets 2015: $1,611,8192015Assets 2016: $1,727,948Liabilities 2016: $81,041Net Assets 2016: $1,646,9072016Assets 2017: $1,799,022Liabilities 2017: $91,164Net Assets 2017: $1,707,8582017Assets 2018: $1,651,965Liabilities 2018: $56,537Net Assets 2018: $1,595,4282018Assets 2019: $1,754,889Liabilities 2019: $23,660Net Assets 2019: $1,731,2292019Assets 2020: $1,967,136Liabilities 2020: $19,539Net Assets 2020: $1,947,5972020Assets 2021: $2,035,755Liabilities 2021: $26,352Net Assets 2021: $2,009,4032021Assets 2022: $1,760,169Liabilities 2022: $30,452Net Assets 2022: $1,729,7172022Assets 2023: $1,790,842Liabilities 2023: $12,083Net Assets 2023: $1,778,7592023Assets 2024: $2,310,593Liabilities 2024: $63,639Net Assets 2024: $2,246,9542024

Highlighted filing

2015

Assets$1,626,779
Liabilities$14,960
Net Assets$1,611,819

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $779,4132011Revenue 2012: $495,731Expenses 2012: $587,265Net Income 2012: -$91,5342012Revenue 2013: $245,691Expenses 2013: $136,440Net Income 2013: $109,2512013Revenue 2014: $394,634Expenses 2014: $462,900Net Income 2014: -$68,2662014Revenue 2015: $298,955Expenses 2015: $298,186Net Income 2015: $7692015Revenue 2016: $332,217Expenses 2016: $307,666Net Income 2016: $24,5512016Revenue 2017: $278,544Expenses 2017: $269,632Net Income 2017: $8,9122017Revenue 2018: $321,580Expenses 2018: $378,662Net Income 2018: -$57,0822018Revenue 2019: $401,864Expenses 2019: $335,833Net Income 2019: $66,0312019Revenue 2020: $440,233Expenses 2020: $257,672Net Income 2020: $182,5612020Revenue 2021: $305,679Expenses 2021: $239,473Net Income 2021: $66,2062021Revenue 2022: $279,758Expenses 2022: $397,900Net Income 2022: -$118,1422022Revenue 2023: $318,437Expenses 2023: $353,036Net Income 2023: -$34,5992023Revenue 2024: $870,763Expenses 2024: $384,231Net Income 2024: $486,5322024

Highlighted filing

2015

Revenue$298,955
Expenses$298,186
Net Income$769
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.0
Gross Receipts
$339,195
Mission and Program Overview

Mission

Learning environment serving the children, families, and educators of east texas through exhibits at the museum which ignite curiosity in young minds through fun, hands-on exploration.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,672,687$1,611,819▼ $60,868
Land, Buildings, and Equipment, Net$948,138$910,957▼ $37,181
Cash and Non-Interest-Bearing Accounts$75,395$88,331▲ $12,936
Accounts Receivable$6,379$0▼ $6,379
Prepaid Expenses and Deferred Charges-$5,857-
Pledges and Grants Receivable$1,675$0▼ $1,675
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,683,886$1,626,779▼ $57,107
Other Assets Total$652,299$621,634▼ $30,665
Liabilities
Accounts Payable and Accrued Expenses$8,699$9,960▲ $1,261
Other Liabilities$2,500$5,000▲ $2,500
Total Liabilities$11,199$14,960▲ $3,761
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,672,687$1,611,819▼ $60,868
Total Liabilities and Net Assets / Fund Balance$1,683,886$1,626,779▼ $57,107

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$772,387$463,342$1,235,729
Other Land Buildings$137,642$454,370$592,012
Equipment$928$47,123$48,051
Other Assets Org$330--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$586,799-▲ $9,273-$561,304
2014$569,886-▲ $26,909-$586,799
2013$518,446-▲ $56,023-$569,886
2012$576,071-▲ $28,168$88,255$518,446
2011$646,933-▼ $69$60,799$576,071
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Christopher RasureExecutive DirectorFT$78,839$78,839
Whitney PattersonDevelopment DirectorFT$44,000$44,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$230,375
Program Service Revenue
$27,250
Investment Income
$70,917
Other Revenue
$-29,587
All Other Contributions
$130,469
Change in Net Assets
$769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$213,922
Total Fundraising Expense$72,615
Salaries, Compensation, and Employee Benefits$48,108
Professional Fundraising Fees$35,200
Grants and Similar Amounts Paid$956

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$35,266$15,092-$50,358
Other Salaries and Wages$3,520$11,000$29,480$44,000
Fees for Services Accounting$3,433$39,893-$43,326
Fees for Services Professional Fundraising--$35,200$35,200
Insurance$9,820$6,547-$16,367
All Other Expenses$1,998$7,389$2,825$12,212
Fees for Service Investment Mgmnt Fees-$9,768-$9,768
Travel$689$7,610-$8,299
Other Expenses$1,900$5,776$2,358$4,258
Payroll Taxes$329$1,027$2,752$4,108
Office Expenses-$2,591-$2,591
Advertising$2,040--$2,040
Grants to Domestic Orgs$956--$956
Total Functional Expenses$105,441$120,130$72,615$298,186
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$40,240
Professional Fundraising Fees$35,200
Fundraising Gross Income$8,800

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$76,306$8,800$13,890$-5,090
Total Events$76,306$8,800$40,240$-31,440
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Income$5,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
CEO compensation reviewed
No
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 VI, Line 8: Explanation of No Contemporaneously Documentation of Meetings

None of our committees have authority to act on behalf of the governing body.

Form 990, Part VI, Line 11B: Form 990 Review Process

A complete copy of form 990 will be reviewed by the board chairman, financial committee chair and board chair elect prior to filing. All board members are not provided with a complete copy of the return, however, copies are available to all board members upon request.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Whenever a director or officer has a financial or personal interest in any matter coming before the Board of Directors, the affected person shall fully disclose the nature of the interest and withdraw from discussion, lobbying and voting on the matter. Any transaction or vote involving a potential conflict of interest shall be approved only when a majority of disinterested directors determine that it is in the best interest of the corporation to do so.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Discovery Place Inc
EIN
75-2392134
Phone
9035338011
Address
308 N BROADWAY AVE, TYLER, TX 75702

Signing Officer

Name
Nathaniel Moran
Title
Secretary
Signed
2016-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathaniel Moran
Formed
1991
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
18
Employees
1
Volunteers
85

Preparer

Firm
Gollob Morgan Peddy PC
Address
1001 ESE Loop 323 Ste 300, Tyler, TX 75701-9609
Preparer
Jeanne C Blythe
Phone
9035340088
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The endowment funds are used to help fund exhibit costs, to cover any shortages in the operating banking account, and to pay for any unusual and unexpected expenditures, such as major repairs and maintenance.

Raw XML AppendixShowing 400 of 667 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/Desc0PERMANENT EXHIBITS - UPGRADING EXISTING EXHIBITS DURING THE YEAR INCLUDED CONTINUED MODIFICATIONS TO THE DISCOVERY LANDING SHIP AS WELL AS GENERAL MAINTENANCE ON ALL EXHIBITS. BUILT A NEW EXHIBIT CALLED "ORION - JOURNEY TO MARS" WHERE GUESTS CAN EXPLORE A FULL-SIZE MODEL OF THE INSIDE OF THE ORION CAPSULE FROM NASA. THE EXHIBIT ALSO INCLUDED HANDS-ON RELATED ACTIVITIES SUCH AS A REMOTE CONTROLLED MINIATURE ROBOT ROVER ON MARS, THE EFFECT OF WEIGHT ON DIFFERENT PLANETS, AND OTHERS. THESE EXBIHITS INCREASE GUEST ENGAGEMENT, STEM RELEVANCE AND TIE TO TEXAS ESSENTIAL KNOWLEDGE SKILL STANDARDS FOR SCIENCE. AS A RESULT OF THE CONTINUED IMPROVEMENT OF EXISTING EXHIBITS AND THE ADDITION OF NEW EXHIBITS THE ATTENDANCE TO THE MUSEUM HAS INCREASED 43% FROM 2014.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt19DEVELOPMENT DIR
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IRS990/FormationYr01991
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IRS990/FundraisingActivitiesInd0true
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IRS990/FundraisingDirectExpensesAmt040240
IRS990/FundraisingGrossIncomeAmt08800
IRS990/GainOrLossGrp/SecuritiesAmt051693
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt032400
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0956
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt051693
IRS990/GrossReceiptsAmt0339195
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt06547
IRS990/InsuranceGrp/ProgramServicesAmt09820
IRS990/InsuranceGrp/TotalAmt016367
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019224
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IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LEARNING ENVIRONMENT SERVING THE CHILDREN, FAMILIES, AND EDUCATORS OF EAST TEXAS THROUGH EXHIBITS AT THE MUSEUM WHICH IGNITE CURIOSITY IN YOUNG MINDS THROUGH FUN, HANDS-ON EXPLORATION.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt01611819
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt051693
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt051693
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-31440
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IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1Maker Faire Event
IRS990/OtherExpensesGrp/Desc2Abandonment of Assets
IRS990/OtherExpensesGrp/Desc3SPECIAL EVENTS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013437
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IRS990/OtherExpensesGrp/ProgramServicesAmt21900
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0329
IRS990/PayrollTaxesGrp/TotalAmt04108
IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05857
IRS990/PrincipalOfficerNm0NATHANIEL MORAN
IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0MINI MAKER FAIRE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027250
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt027250
IRS990/ProgSrvcAccomActy2Grp/Desc0MINI MAKER FAIRE - THE THIRD ANNUAL EVENT WAS HELD IN APRIL 2015 AND WAS ATTENDED BY APPROXIMATELY 1,200 PEOPLE. IT WAS A DAY-LONG, FAMILY FRIENDLY CELEBRATION OF INVENTION, RESOURCEFULNESS AND CREATIVITY. MAKERS CAN SHARE THEIR CREATIONS WITH VISTORS WHO ARE LEARNING CONCEPTS IN THE FIELDS OF SCIENCE AND TECHNOLOGY IN A FUN ENVIRONMENT. IN ADDITION, SCIENCE RELATED ENTERTAINMENT IS PROVIDED FOR CHILDREN AND FAMILIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt029337
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt025750
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDED TWELVE SUMMER AND WINTER CAMP SCHOLARSHIPS TO CHILDREN FROM THE SALVATION ARMY TEMPORARY HOUSING PROGRAM IN TYLER. SCIENCE RELATED CAMPS ARE OFFERED DURING THE SUMMER, SPRING BREAK, AND CHRISTMAS BREAK AND MOST CAMPS WERE FILLED TO CAPACITY. THE SCHOLARSHIPS ALLOW CHILDREN FROM LOW-ECONOMIC FAMILIES TO ATTEND THE CAMPS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0956
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0348071
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01620
IRS990/PYInvestmentIncomeAmt038184

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.31$0.06$2.25$0.87$0.38$0.49
2023Detailed filing. Detailed filing data is available for this year.$1.79$0.01$1.78$0.32$0.35$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.76$0.03$1.73$0.28$0.40$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.04$0.03$2.01$0.31$0.24$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.97$0.02$1.95$0.44$0.26$0.18
2019Detailed filing. Detailed filing data is available for this year.$1.75$0.02$1.73$0.40$0.34$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.65$0.06$1.60$0.32$0.38$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.80$0.09$1.71$0.28$0.27$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.73$0.08$1.65$0.33$0.31$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.63$0.01$1.61$0.30$0.30$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.68$0.01$1.67$0.39$0.46$0.07
2013Summary only. Only limited summary data is available for this year.$1.80$0.04$1.75$0.25$0.14$0.11
2012Summary only. Only limited summary data is available for this year.$1.77$0.01$1.76$0.50$0.59$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.09$1.84$0.78