Civic Intelligence

Pacific Science Center Foundation

990 • Fiscal year 2014 • EIN 91-0750867

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 17, 2014

200 Second Avenue North98109

(206) 443-2001

Siviq Scores

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

Liabilities / Assets

44th percentile

0.25x

Higher debt load relative to assets than 44% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

62nd percentile

0.66x

Higher debt load relative to revenue than 62% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

9th percentile

-14%

Higher net margin than 9% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

41st percentile

$279,452

Higher top officer pay than 41% of similar nonprofits.

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

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

10th percentile

-5.1%

Faster asset growth than 10% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Flat

$51,154,829

Flat from 2014

Net Assets

Flat

$38,131,176

Flat from 2014

Liabilities

Flat

$13,023,653

Flat from 2014

Revenue

Flat

$19,781,703

Flat from 2014

Expenses

Flat

$22,630,485

Flat from 2014

Net Income

Flat

-$2,848,782

Flat from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $37,505,517Liabilities 2010: $7,218,899Net Assets 2010: $30,286,6182010Assets 2011: $41,223,840Liabilities 2011: $6,861,489Net Assets 2011: $34,362,3512011Assets 2012: $54,214,142Liabilities 2012: $13,923,357Net Assets 2012: $40,290,7852012Assets 2013: $53,916,290Liabilities 2013: $13,491,229Net Assets 2013: $40,425,0612013Assets 2014: $51,154,829Liabilities 2014: $13,023,653Net Assets 2014: $38,131,1762014Assets 2014: $51,154,829Liabilities 2014: $13,023,653Net Assets 2014: $38,131,1762014Assets 2015: $55,576,829Liabilities 2015: $13,051,890Net Assets 2015: $42,524,9392015Assets 2016: $51,660,887Liabilities 2016: $12,043,808Net Assets 2016: $39,617,0792016Assets 2017: $49,817,260Liabilities 2017: $11,760,386Net Assets 2017: $38,056,8742017Assets 2018: $47,351,369Liabilities 2018: $11,749,483Net Assets 2018: $35,601,8862018Assets 2019: $44,552,842Liabilities 2019: $12,604,872Net Assets 2019: $31,947,9702019Assets 2020: $39,248,278Liabilities 2020: $7,997,176Net Assets 2020: $31,251,1022020Assets 2021: $51,616,157Liabilities 2021: $17,734,552Net Assets 2021: $33,881,6052021Assets 2022: $49,782,600Liabilities 2022: $15,683,490Net Assets 2022: $34,099,1102022Assets 2023: $42,749,939Liabilities 2023: $13,872,747Net Assets 2023: $28,877,1922023Assets 2024: $37,848,848Liabilities 2024: $13,218,901Net Assets 2024: $24,629,9472024

Highlighted filing

2014

Assets$51,154,829
Liabilities$13,023,653
Net Assets$38,131,176

Operations Trend

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

$40M$20M$0-$20MExpenses 2010: $19,596,8132010Expenses 2011: $25,060,8942011Expenses 2012: $24,750,9962012Expenses 2013: $36,249,3942013Revenue 2014: $19,781,703Expenses 2014: $22,630,485Net Income 2014: -$2,848,7822014Revenue 2014: $19,781,703Expenses 2014: $22,630,485Net Income 2014: -$2,848,7822014Revenue 2015: $30,858,245Expenses 2015: $26,080,152Net Income 2015: $4,778,0932015Revenue 2016: $21,720,378Expenses 2016: $24,081,431Net Income 2016: -$2,361,0532016Revenue 2017: $25,639,250Expenses 2017: $27,525,639Net Income 2017: -$1,886,3892017Revenue 2018: $25,447,430Expenses 2018: $27,885,276Net Income 2018: -$2,437,8462018Revenue 2019: $19,382,842Expenses 2019: $22,834,499Net Income 2019: -$3,451,6572019Revenue 2020: $22,268,810Expenses 2020: $21,441,904Net Income 2020: $826,9062020Revenue 2021: $9,050,327Expenses 2021: $7,820,809Net Income 2021: $1,229,5182021Revenue 2022: $14,639,761Expenses 2022: $11,922,840Net Income 2022: $2,716,9212022Revenue 2023: $17,593,745Expenses 2023: $19,633,755Net Income 2023: -$2,040,0102023Revenue 2024: $19,324,105Expenses 2024: $24,194,722Net Income 2024: -$4,870,6172024

Highlighted filing

2014

Revenue$19,781,703
Expenses$22,630,485
Net Income-$2,848,782
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 17, 2014
Return Version
2013v3.0
Gross Receipts
$23,464,256
Mission and Program Overview

Mission

Pacific science center (pacsci) ignites curiosity in every child and fuels a passion for discovery, experimentation, and critical thinking in all of us.

To inspire lifelong interest in science, mathematics and technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$38,654,641$37,464,374▼ $1,190,267
Investments Other Securities$7,514,263$8,238,720▲ $724,457
Pledges and Grants Receivable$3,607,513$2,384,197▼ $1,223,316
Accounts Receivable$753,552$724,819▼ $28,733
Prepaid Expenses and Deferred Charges$403,948$602,685▲ $198,737
Intangible Assets$349,776$314,800▼ $34,976
Cash and Non-Interest-Bearing Accounts$130,979$85,827▼ $45,152
Investments in Publicly Traded Securities$1,268,763$42,425▼ $1,226,338
Inventories for Sale or Use$34,271$28,387▼ $5,884
Savings and Temporary Cash Investments$21,725$12,024▼ $9,701
Total Assets$53,916,290$51,154,829▼ $2,761,461
Other Assets Total$1,176,859$1,256,571▲ $79,712
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,569,498$8,634,491▲ $1,064,993
Accounts Payable and Accrued Expenses$3,839,359$2,231,503▼ $1,607,856
Deferred Revenue$1,582,008$1,716,353▲ $134,345
Other Liabilities$500,364$441,306▼ $59,058
Total Liabilities$13,491,229$13,023,653▼ $467,576
Net Assets / Fund Balance
Unrestricted Net Assets$28,479,206$25,730,799▼ $2,748,407
Temporarily Rstr Net Assets$9,787,075$10,233,506▲ $446,431
Permanently Rstr Net Assets$2,158,780$2,166,871▲ $8,091
Total Net Assets Fund Balance$40,425,061$38,131,176▼ $2,293,885
Total Liabilities and Net Assets / Fund Balance$53,916,290$51,154,829▼ $2,761,461

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,274,725$19,961,909$46,236,634
Equipment$6,849,596$4,277,880$11,127,476
Land$4,230,000-$4,230,000
Other Land Buildings$110,053-$110,053
Other Securities$8,238,720--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,280,488-▲ $18,596$1,250,000$44,449
2012$2,088,217$46,024▲ $229,298$1,083,051$1,280,488
2011$2,214,560$11,102▼ $61,964$75,481$2,088,217
2010$1,873,194$20,873▲ $407,230$71,830$2,214,560
2009$1,575,014$99,254▲ $287,373$75,288$1,873,194
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
R Bryce SeidlPresident & CEOFT$248,000$31,452$279,452
Michal AllaireChief Financial & Operating OfficerFT$193,980$8,285$202,265
Erik PihlVP of DevelopmentFT$190,496$6,722$197,218
Dennis SchatzVP Strategic ProgramsFT$186,763$6,652$193,415
Ellen LettvinVP of Science and EducationFT$140,211$6,722$146,933
Diane CarlsonVP of Guest ServicesFT$116,765$6,571$123,336
Crystal ClarityVP of Marketing and CommunicationsFT$104,616$8,019$112,635

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Mckinstry EssentionBuilding Design And Construction-$1,717,762
Premier ExhibitionsTouring Artifact Exhibition Company-$1,303,155
Western Waterproofing Company INCWaterproofing Specialty Contractor-$729,811
Group DelphiExhibit Development & Construction-$401,688
PaciolanTransaction Processing-$277,767
Revenue and Support

Revenue Composition

Contributions and Grants
$8,723,249
Program Service Revenue
$9,688,115
Investment Income
$198,355
Other Revenue
$1,171,984
All Other Contributions
$4,149,051
Change in Net Assets
$-2,848,782

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
Securities Publicly Traded10$606,805Fair Market Value
Other Non Cash Contri Table1$10,300Fair Market Value
Other Non Cash Contri Table1$908Fair Market Value
Other Non Cash Contri Table1$800Fair Market Value
Total Noncash Contributions13$618,813-

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,350,809
Revenue Not Reported on Financial Statements
$-569,106
Revenue Not Reported on Form 990
$626,627
Other Revenue Adjustments
$-569,106
Total Revenue per Audited Statements
$20,977,436
Total Revenue per Form 990
$19,781,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,953,103
Salaries, Compensation, and Employee Benefits$10,677,382
Total Fundraising Expense$3,331,875
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,368,683$562,753$1,568,976$8,500,412
Depreciation Depletion$1,558,836$224,580$325,122$2,108,538
Royalties$1,512,035$4,987$220,895$1,737,917
Occupancy$1,065,020$355,741$2,590$1,423,351
Fees for Services Other$910,365$143,665$273,045$1,327,075
Office Expenses$843,926$74,827$225,020$1,143,773
Advertising$880,071-$20,443$900,514
Other Employee Benefits$550,995$126,199$171,268$848,462
Payroll Taxes$626,661$78,711$141,419$846,791
All Other Expenses$364,278$104,237$65,687$534,202
Interest$359,786$51,834$75,040$486,660
Current Officers, Directors, Trustees, and Key Employees-$481,717-$481,717
Travel$219,494$8,688$10,975$239,157
Other Expenses$162,240$20,867$37,897$221,004
Conferences and Meetings$85,012$13,582$18,632$117,226
Fees for Services Accounting-$93,947-$93,947
Fees for Services Lobbying$90,000--$90,000
Information Technology$19,160$34,642$914$54,716
Fees for Services Legal-$31,674-$31,674
Fees for Service Investment Mgmnt Fees-$4,644-$4,644
Total Functional Expenses$16,819,985$2,478,625$3,331,875$22,630,485

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$23,271,321
Expenses per Audited Statements$22,630,485
Total Expenses per Form 990$22,630,485
Expenses Not Reported on Form 990$640,836
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$252,397
Fundraising Gross Income$78,900
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$298,575$78,900$73,069$5,831
Total Events$298,575$78,900$252,397$-173,497
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board Mbr Ash Awad Is a Vice President at MckinstryServices - ConstructionNo$1,717,762
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Trademark License Obligations$441,306
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
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, Part VI, Section B, Line 11

The 990 is reviewed internally by the cfoo. Then it is presented to the board finance committee who reviews it with the accounting firm, the president and cfoo. Lastly, the board finance committee presents the public disclosure copy of form 990 to the full board indicating their recommendations as to its completeness and accuracy. All board members receive a copy of the public disclosure copy before it is filed.

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

All board members and officers are required to complete the questionnaire annually. Management reviews the policies and considers the source and impact of any conflicts. If a conflict is found, that board member refrains from discussing or voting on that particular matter.

Form 990, Part VI, Section B, Line 15

In july 2013, the board reviewed the ceo's compensation and established a new contract. The cfo's compensation was also reviewed by the board. For all officers of the organization, compensation is determined by review of data from local 990s, salary surveys, input from human resource professionals and board member review.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available to the public upon request. Financial statements are also available on the pacific science center's website which is available to the public.

Form 990, Part VII

In 2014, dennis schatz worked for the national science foundation. His compensation was fully funded by a grant from the foundation

Form 990, Part VII

Beginning march 1, ellen lettvin was a fellow at the department of education. Her compensation was fully funded by a grant from the noyce foundation and the mott foundation.

Filing and Contact Details

Filer

EIN
91-0750867
Phone
2064432001

Signing Officer

Name
Cory Sbabaro
Title
Interim CEO
Phone
2064432001
Signed
2014-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cory Sbabaro
Formed
1962
Legal Domicile
Wa
Voting Board Members
32
Independent Board Members
31
Employees
621
Volunteers
1,396

Preparer

Preparer
Sara Elizabeth J Hyre
Phone
4254544919
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

Volunteers are involved in many aspects of the pacific science center. Some provide assistance through our science interpretation program by assisting our visitors with science exploration and informal education, and some assist with our offsite summer camps by running activities with campers and monitoring their behavior on field trips. We also have volunteers who assist with maintaining exhibits, animal care, horticulture, as well as assisting with various office tasks. This past year volunteers contributed 34,109 hours. All 34 members of the board of directors are volunteers as well.

Financial Statement Notes

PART V, LINE 4:

To provide a dependable and growing source of funding for the operation, special programs, and capital improvement requirements of the pacific science center.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of goods sold reported on part viii -316,709. Special event expense reported on part viii -252,397.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold reported on part viii 316,709. Special event expense reported on part viii 252,397.

Raw XML AppendixShowing 400 of 1,096 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/Desc0EXHIBITS:A) FROM ROBOTIC DINOSAURS TO THE TROPICAL BUTTERFLY HOUSE, PACIFIC SCIENCE CENTER HOUSES A NUMBER OF REGIONALLY ICONIC EXHIBITS. OUR VISITORS ENGAGE WITH A WIDE RANGE OF HANDS-ON EXHIBITS AND EDUCATIONAL PROGRAMS THAT INSPIRE THEM TO ASK QUESTIONS AND SEEK ANSWERS. ADDITIONAL EXHIBITS INCLUDE THE PUGET SOUND MODEL AND TIDEPOOL, BODY WORKS, THE INSECT VILLAGE, NAKED MOLE RATS AND MANY OTHERS. IN DECEMBER 2012, THE SCIENCE CENTER OPENED A NEW PERMANENT EXHIBITION, WELLBODY ACADEMY, FOCUSED ON HEALTH, WELLNESS AND PERSONAL CHOICE. OUR REPUTATION HAS CONTINUED TO GROW AS A RESULT OF HOSTING AND HELPING CREATE SEVERAL LANDMARK EXHIBITS INCLUDING: TUTANKAHMUN: THE GOLDEN KING AND THE GREAT PHARAOHS IN 2012 AND RACE: ARE WE SO DIFFERENT? IN 2013. B) SCIENCE ON A SPHERE - THIS IS A ROOM-SIZED, GLOBAL DISPLAY SYSTEM THAT USES ONE COMPUTER AND FOUR PROJECTORS TO DISPLAY DATA SETS ONTO A SIX-FOOT DIAMETER SPHERE, SIMILAR TO A GIANT ANIMATED GLOBE. THESE DATA SETS ALLOW US TO EXPLAIN COMPLEX ENVIRONMENTAL PROCESSES AND EARTH SYSTEMS TO OUR GUESTS IN A WAY THAT IS SIMULTANEOUSLY INTERACTIVE AND CAPTIVATING. THE ELEVATED SPHERE FEATURES DYNAMIC ANIMATED IMAGES OF EARTH'S ATMOSPHERE, OCEANS, HURRICANE PATHS, ANIMAL MIGRATION PATTERNS, GLOBAL WARMING TRENDS, ATMOSPHERIC CO2 LEVELS AND MORE. THE SYSTEM ALSO HAS THE CAPACITY FOR LIVE DEMONSTRATIONS AND SPECIAL PROGRAMMING OPTIONS WHICH ARE CURRENTLY UNDER DEVELOPMENT. C) PACIFIC SCIENCE CENTER'S PLANETARIUM BOASTS A NEW STATE-OF-THE-ART PROJECTION SYSTEM CREATED BY ZEISS OPTICS. THE DIGITAL PROJECTORS ALLOW SCIENCE CENTER STAFF TO PRESENT UP-TO-THE-MINUTE NASA PHOTOGRAPHS, RESEARCH AND MOVIES. IN ADDITION, THE NEW PROJECTORS ALLOW GUESTS TO VIEW FIVE TIMES AS MANY STARS. THE NEW PROJECTORS VIRTUALLY TRANSPORT GUESTS TO THE MOUNTAINS TO VIEW A PRISTINE SKY, UNHINDERED BY CLOUDS OR LIGHT POLLUTION. THE SYSTEM HAS THE ABILITY TO SHOW YOU MORE STARS THAN THE HUMAN EYE CAN PERCEIVE IN THE NATURAL WORLD, AND FLY YOU TO THE EDGES OF OUR SOLAR SYSTEM AND BEYOND.
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IRS990/Form990PartVIISectionAGrp/PersonNm4GRETCHEN HUND ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm5GINGER ACKERLEY
IRS990/Form990PartVIISectionAGrp/PersonNm6ASH AWAD
IRS990/Form990PartVIISectionAGrp/PersonNm7MONA BAILEY
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IRS990/Form990PartVIISectionAGrp/PersonNm11STEVEN BUCHSBAUM
IRS990/Form990PartVIISectionAGrp/PersonNm12IVAR CHHINA
IRS990/Form990PartVIISectionAGrp/PersonNm13NELSON DEL RIO
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IRS990/Form990PartVIISectionAGrp/PersonNm15PATRICIA GALLOWAY
IRS990/Form990PartVIISectionAGrp/PersonNm16NORM HUBBARD
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IRS990/Form990PartVIISectionAGrp/PersonNm18DAN MCCONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm19ELISABETH BOTTLER
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IRS990/Form990PartVIISectionAGrp/PersonNm21MARLENE DURBIN
IRS990/Form990PartVIISectionAGrp/PersonNm22DAVID FLUKE
IRS990/Form990PartVIISectionAGrp/PersonNm23JAMES E WARJONE
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IRS990/Form990PartVIISectionAGrp/PersonNm30JOHN WARNER
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IRS990/Form990PartVIISectionAGrp/PersonNm32CHRIS WITHERSPOON
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.8$13.2$24.6$19.3$24.2$4.87
2023Summary only. Only limited summary data is available for this year.$42.7$13.9$28.9$17.6$19.6$2.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$49.8$15.7$34.1$14.6$11.9$2.72
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$51.6$17.7$33.9$9.05$7.82$1.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.2$8.00$31.3$22.3$21.4$0.83
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.6$12.6$31.9$19.4$22.8$3.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$47.4$11.7$35.6$25.4$27.9$2.44
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.8$11.8$38.1$25.6$27.5$1.89
2016Summary only. Only limited summary data is available for this year.$51.7$12.0$39.6$21.7$24.1$2.36
2015Detailed filing. Detailed filing data is available for this year.$55.6$13.1$42.5$30.9$26.1$4.78
2014Detailed filing. Detailed filing data is available for this year.$51.2$13.0$38.1$19.8$22.6$2.85
2014Summary only. Only limited summary data is available for this year.$51.2$13.0$38.1$19.8$22.6$2.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$53.9$13.5$40.4$36.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.2$13.9$40.3$24.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.2$6.86$34.4$25.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.5$7.22$30.3$19.6