Civic Intelligence

Explora Science Center & Children'S

EIN 85-0442062 • 501(c)3 • Albuquerque, NM

Profile

To create opportunities for inspirational discovery and the joy of life-long learning through interactive experiences in science, technology and art.

1701 Mountain Rd NWAlbuquerque, NM 87104

www.explora.mus.nm.us

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.07x

Higher debt load relative to assets than 54% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

34th percentile

0.08x

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

NTEE A • $10M-$25M nonprofits • Source year 2025

Net Margin

72nd percentile

29%

Higher net margin than 72% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$191,224

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

NTEE A • $10M-$25M nonprofits • Source year 2025

Asset Growth

90th percentile

39%

Faster asset growth than 90% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

71st percentile

41%

Faster revenue growth than 71% of similar nonprofits.

NTEE A • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$14,546,521

Up $4,060,691 (+39%) from 2024

Liabilities

Up

$1,012,292

Up $349,692 (+53%) from 2024

Net Assets

Up

$13,534,229

Up $3,710,999 (+38%) from 2024

Revenue

Up

$12,027,487

Up $3,510,086 (+41%) from 2024

Expenses

Up

$8,495,381

Up $976,826 (+13%) from 2024

Net Income

Up

$3,532,106

Up $2,533,260 (+254%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $3,794,411Liabilities 2011: $3,428,350Net Assets 2011: $366,0612011Assets 2012: $3,677,428Liabilities 2012: $3,442,063Net Assets 2012: $235,3652012Assets 2013: $2,242,602Liabilities 2013: $1,336,512Net Assets 2013: $906,0902013Assets 2014: $2,577,195Liabilities 2014: $1,305,658Net Assets 2014: $1,271,5372014Assets 2015: $2,729,527Liabilities 2015: $1,319,776Net Assets 2015: $1,409,7512015Assets 2016: $3,381,413Liabilities 2016: $1,284,955Net Assets 2016: $2,096,4582016Assets 2017: $3,920,578Liabilities 2017: $1,283,993Net Assets 2017: $2,636,5852017Assets 2018: $3,986,353Liabilities 2018: $1,243,081Net Assets 2018: $2,743,2722018Assets 2019: $4,629,448Liabilities 2019: $1,339,819Net Assets 2019: $3,289,6292019Assets 2020: $5,000,539Liabilities 2020: $1,226,906Net Assets 2020: $3,773,6332020Assets 2021: $7,586,608Liabilities 2021: $2,214,328Net Assets 2021: $5,372,2802021Assets 2022: $9,408,039Liabilities 2022: $1,795,673Net Assets 2022: $7,612,3662022Assets 2023: $10,176,338Liabilities 2023: $1,387,801Net Assets 2023: $8,788,5372023Assets 2024: $10,485,830Liabilities 2024: $662,600Net Assets 2024: $9,823,2302024Assets 2025: $14,546,521Liabilities 2025: $1,012,292Net Assets 2025: $13,534,2292025

Highlighted filing

2025

Assets$14,546,521
Liabilities$1,012,292
Net Assets$13,534,229

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $3,190,355Expenses 2011: $3,435,136Net Income 2011: -$244,7812011Expenses 2012: $3,113,2512012Expenses 2013: $2,984,0262013Revenue 2014: $3,430,651Expenses 2014: $3,073,545Net Income 2014: $357,1062014Revenue 2015: $3,827,186Expenses 2015: $3,669,107Net Income 2015: $158,0792015Revenue 2016: $4,340,962Expenses 2016: $3,657,228Net Income 2016: $683,7342016Revenue 2017: $4,473,487Expenses 2017: $3,955,864Net Income 2017: $517,6232017Revenue 2018: $4,523,370Expenses 2018: $4,423,983Net Income 2018: $99,3872018Revenue 2019: $5,698,062Expenses 2019: $5,150,742Net Income 2019: $547,3202019Revenue 2020: $4,949,072Expenses 2020: $4,468,670Net Income 2020: $480,4022020Revenue 2021: $4,420,235Expenses 2021: $2,887,569Net Income 2021: $1,532,6662021Revenue 2022: $6,717,766Expenses 2022: $4,441,459Net Income 2022: $2,276,3072022Revenue 2023: $7,186,849Expenses 2023: $6,030,641Net Income 2023: $1,156,2082023Revenue 2024: $8,517,401Expenses 2024: $7,518,555Net Income 2024: $998,8462024Revenue 2025: $12,027,487Expenses 2025: $8,495,381Net Income 2025: $3,532,1062025

Highlighted filing

2025

Revenue$12,027,487
Expenses$8,495,381
Net Income$3,532,106

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$1.01$13.5$12.0$8.50$3.53
2024Summary only. Only limited summary data is available for this year.$10.5$0.66$9.82$8.52$7.52$1.00
2023Summary only. Only limited summary data is available for this year.$10.2$1.39$8.79$7.19$6.03$1.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.41$1.80$7.61$6.72$4.44$2.28
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.59$2.21$5.37$4.42$2.89$1.53
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$1.23$3.77$4.95$4.47$0.48
2019Summary only. Only limited summary data is available for this year.$4.63$1.34$3.29$5.70$5.15$0.55
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.99$1.24$2.74$4.52$4.42$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.92$1.28$2.64$4.47$3.96$0.52
2016Detailed filing. Detailed filing data is available for this year.$3.38$1.28$2.10$4.34$3.66$0.68
2015Detailed filing. Detailed filing data is available for this year.$2.73$1.32$1.41$3.83$3.67$0.16
2014Detailed filing. Detailed filing data is available for this year.$2.58$1.31$1.27$3.43$3.07$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.24$1.34$0.91$2.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$3.44$0.24$3.11
2011Summary only. Only limited summary data is available for this year.$3.79$3.43$0.37$3.19$3.44$0.24
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 16, 2025
Return Version
2024v5.0
Gross Receipts
$14,410,392
Mission and Program Overview

Mission

To create opportunities for inspirational discovery and the joy of life- long learning through interactive experiences in science, technology and art.

To create learning opportunities for children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,088,449$6,554,238▲ $4,465,789
Investments in Publicly Traded Securities$4,531,202$4,942,602▲ $411,400
Land, Buildings, and Equipment, Net$3,014,032$2,021,073▼ $992,959
Pledges and Grants Receivable$541,069$715,124▲ $174,055
Accounts Receivable$64,970$97,347▲ $32,377
Prepaid Expenses and Deferred Charges$59,394$93,860▲ $34,466
Investments Other Securities$73,762$79,692▲ $5,930
Inventories for Sale or Use$19,546$45,238▲ $25,692
Cash and Non-Interest-Bearing Accounts$93,406$-2,653▼ $96,059
Total Assets$10,485,830$14,546,521▲ $4,060,691
Liabilities
Accounts Payable and Accrued Expenses$465,761$508,974▲ $43,213
Deferred Revenue$196,839$503,318▲ $306,479
Total Liabilities$662,600$1,012,292▲ $349,692
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,669,743$9,684,447▲ $1,014,704
Net Assets With Donor Restrictions$1,153,487$3,849,782▲ $2,696,295
Total Net Assets Fund Balance$9,823,230$13,534,229▲ $3,710,999
Total Liabilities and Net Assets / Fund Balance$10,485,830$14,546,521▲ $4,060,691

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,021,073$700,254$2,721,327

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$73,762-▲ $5,930-$79,692
2023$68,955-▲ $4,807-$73,762
2022$64,786-▲ $4,169-$68,955
2021$67,054-▼ $2,268-$64,786
2020$51,838$1,000▲ $15,216-$67,054
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kristin LeighCo ExecutiveFT$176,398$14,826$191,224
Kristin LeighCo Executive Director-$176,398$14,826$191,224
Joe HastingsCo ExecutiveFT$176,398$12,817$189,215
Joe HastingsCo Executive Director-$176,398$12,817$189,215

Board Members and Trustees

NameTitle
Hilma CynowethPresident
Kathleen Holt LaresePresident El
Amy CoburnDirector
Annemarie HentonDirector
Bob MurphyDirector
Brook BassanDirector
Dokatah JimDirector
Gabriella BlakeyDirector
Jeron CampbellDirector
John BellDirector
Judith LavenderDirector
Karina Burciaga AlvarezDirector
Karissa CulbreathDirector
Kenneth ArmijoDirector
Lucinda RomeroDirector
Matt ObererDirector
Melissa GomezDirector
Nate LeeDirector
Renee GroutDirector
Shelle SanchezDirector
Will EliasDirector
Xochitl Campos BiggsDirector
Benjamin GardnerFormer Board
Steve RottlerFormer Board
Alexis Kerschner TappanFundraise Co
Jaime LeanosNominating C
Rathi CaseySecretary
Alexis ArteryTreasurer&fi
Kamal AliVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$8,553,017
Program Service Revenue
$2,498,760
Investment Income
$664,828
Other Revenue
$310,882
All Other Contributions
$5,023,729
Change in Net Assets
$3,532,106

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,027,487
Revenue Not Reported on Form 990
$1,077,386
Total Revenue per Audited Statements
$13,104,873
Total Revenue per Form 990
$12,027,487
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,611,321
Other Expenses$2,350,509
Grants and Similar Amounts Paid$533,551
Total Fundraising Expense$201,279
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,409,200$838,904$136,242$4,384,346
Fees for Services Other$498,588$226,004$7,224$731,816
Other Employee Benefits$355,482$149,644$11,330$516,456
Grants to Domestic Orgs$493,920--$493,920
Current Officers, Directors, Trustees, and Key Employees$281,014$69,150$11,230$361,394
Payroll Taxes$270,726$57,621$20,778$349,125
Office Expenses$163,002$70,589$2,067$235,658
Depreciation Depletion$192,854$7,632-$200,486
Occupancy$155,274--$155,274
Information Technology$53,314$98,545-$151,859
Travel$92,697$14,372$746$107,815
Insurance$2,105$71,449-$73,554
Grants to Domestic Individuals$39,631--$39,631
Advertising$2,340$31,353-$33,693
Conferences and Meetings$27,286$3,334$57$30,677
Other Expenses$15,516$779$11,605$16,295
Total Functional Expenses$6,563,396$1,730,706$201,279$8,495,381

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,393,873
Expenses per Audited Statements$8,495,381
Total Expenses per Form 990$8,495,381
Expenses Not Reported on Form 990$898,492
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of AlbuquerqueAlbuquerque, NM-Gift to City-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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 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
Yes
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

He tax return is prepared by the audit firm and then reviewed in detail by the accounting manager and by the executive director. Once the first review is performed, the 990 is presented to the finance committee for their approval. After this approval, the 990 is provided to the full board of directors before filing is done.

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

The conflict of interest policy is distributed to the board members and key employees and contains provisions for the disclosure of conflicts when they arise. The policy contains provisions for annual statements to be signed and for periodic reviews to be conducted.

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

Performance and uses comparability data in determining and approving the compensation package of the executive director for the subsequent year. Contemporaneous minutes are kept of the deliberation and decisions made.

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

Performance and uses comparability data in determining and approving the compensation package of the executive director for the subsequent year. Contemporaneous minutes are kept of the deliberation and decisions made.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
EXPLORA SCIENCE CENTER & CHILDREN'S
EIN
85-0442062
Phone
5052248300
Address
1701 MOUNTAIN RD NW, ALBUQUERQUE, NM 87104

Signing Officer

Name
Joe Hastings
Title
Co Executive Director
Phone
5052248300
Signed
2025-12-16

Organization Details

Principal Officer
Joe Hastings
Formed
1995
Legal Domicile
Nm
Voting Board Members
28
Independent Board Members
28
Employees
208
Volunteers
43

Preparer

Firm
Mp Group Inc
Address
8500 MENAUL BLVD NE STE B262, ALBUQUERQUE, NM 87112
Preparer
Donna Peace
Phone
5053402020
Supplemental Narrative

Additional Explanations

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

Explora is an innovative museum and learning center that provides hands-on engagement in science, technology, engineering, art, and math (steam) for people of all ages. Explora's work is organized around a cradle through career steam learning strategic focus, which was co-developed with the community to engage, educate, and employ students in steam-improving educational outcomes, driving economic development, and increasing family and community prosperity across new mexico. Within this strategic framework, explora plays several roles. As a service provider, explora engaged pre-12th students through steam classroom programs, provided professional development to educators, employed low-income high school students as interns, and facilitated experiential learning for over 321,000 youth and adults. Additionally, explora plays the role of backbone organization for stem-nm, a cross-sector learning ecosystem working to expand equity in and access to stem education and employment. Explora is the home and fiscal sponsor of the informal learning leadership collaborative. In the role of convener and collaborator, explora led several collective impact projects, like stem charging stations for young children and families, which builds awareness around early childhood stem learning,and math facess (families and communities empowering student success). Explora worked on a number of other initiatives with partners, including new mexico autism society, nm state libraries' tribal libraries program, partnership for community action, and more.

Form 990, Part XI, Line 9

ROUNDING -1

Financial Statement Notes

Schedule D, Page 3, Part X

The museum is a nonprofit corporation and qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code (irc) and is classified as other than a private foundation. As such, their normal activities do not result in any income tax liability. The museum incurred insignificant amounts of in unrelated business taxable income for the years ended june 30, 2025 or 2024. As a result, the museum did not recognize federal and state income tax for the years ended june 30, 2025 or 2024. The museum would recognize accrued interest related to unrecognized tax benefits in interest expense and penalties in operating expenses. There was no such interest or penalties recorded for the years ended june 30, 2025 or 2024.

Schedule D, Page 4, Part XI, Line 2D

Museum inventory cost of goods sold reported on financial 125,178 rental expenses reported as expense on financial statement 5,917

Schedule D, Page 4, Part XII, Line 2D

Museum inventory cost of goods sold reported on financial 125,178 rental expenses reported as expense on financial statement 5,917

Raw XML AppendixShowing 400 of 717 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/Desc0EXPLORA IS AN INNOVATIVE MUSEUM AND LEARNING CENTER THAT PROVIDES HANDS-ON ENGAGEMENT IN SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATH (STEAM) FOR PEOPLE OF ALL AGES. EXPLORA'S WORK IS ORGANIZED AROUND A CRADLE THROUGH CAREER STEAM LEARNING STRATEGIC FOCUS, WHICH WAS CO-DEVELOPED WITH THE COMMUNITY TO ENGAGE, EDUCATE, AND EMPLOY STUDENTS IN STEAM-IMPROVING EDUCATIONAL OUTCOMES, DRIVING ECONOMIC DEVELOPMENT, AND INCREASING FAMILY AND COMMUNITY PROSPERITY ACROSS NEW MEXICO. WITHIN THIS STRATEGIC FRAMEWORK, EXPLORA PLAYS SEVERAL ROLES. AS A SERVICE PROVIDER, EXPLORA ENGAGED PRE-12TH STUDENTS THROUGH STEAM CLASSROOM PROGRAMS, PROVIDED PROFESSIONAL DEVELOPMENT TO EDUCATORS, EMPLOYED LOW-INCOME HIGH SCHOOL STUDENTS AS INTERNS, AND FACILITATED EXPERIENTIAL LEARNING FOR OVER 321,000 YOUTH AND ADULTS. ADDITIONALLY, EXPLORA PLAYS THE ROLE OF BACKBONE ORGANIZATION FOR STEM-NM, A CROSS-SECTOR LEARNING ECOSYSTEM WORKING TO EXPAND EQUITY IN AND ACCESS TO STEM EDUCATION AND EMPLOYMENT. EXPLORA IS THE HOME AND FISCAL SPONSOR OF THE INFORMAL LEARNING LEADERSHIP COLLABORATIVE. IN THE ROLE OF CONVENER AND COLLABORATOR, EXPLORA LED SEVERAL COLLECTIVE IMPACT PROJECTS, LIKE STEM CHARGING STATIONS FOR YOUNG CHILDREN AND FAMILIES, WHICH BUILDS AWARENESS AROUND EARLY CHILDHOOD STEM LEARNING,AND MATH FACESS (FAMILIES AND COMMUNITIES EMPOWERING STUDENT SUCCESS). EXPLORA WORKED ON A NUMBER OF OTHER INITIATIVES WITH PARTNERS, INCLUDING NEW MEXICO AUTISM SOCIETY, NM STATE LIBRARIES' TRIBAL LIBRARIES PROGRAM, PARTNERSHIP FOR COMMUNITY ACTION, AND MORE.
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