Shenandoah Valley Discovery Museum Inc
- Assets
- $4.9m
- Revenue
- $817.7k
- Investments
- $40.0k
- Employees
- 27
- Location
- Winchester, VA
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 54-1692942
Organization Overview
Shenandoah Valley Discovery Museum Inc is located in Winchester, VA. The organization was established in 1994. According to its NTEE Classification (A52) the organization is classified as: Children's Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Shenandoah Valley Discovery Museum Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shenandoah Valley Discovery Museum Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Shenandoah Valley Discovery Museum Inc generated $817.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $650.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SPARK CURIOSITY AND INSPIRE LEARNING THROUGH EXPLORATION AND CREATIVE PLAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 SAW A SIGNIFICANT INCREASE OF OPEN DAYS FOR THE MUSEUM, IN 2021 WE HOSTED 212 PLAY DAYS. THIS WAS MORE THAN OUR 181 PLAY DAYS IN 2020 DUE TO OUR 16 WEEKS OF COVID CLOSURE. THE MUSEUM HAD A DIRECT IMPACT ON OVER 30,000 PEOPLE THROUGH FIELD TRIPS, CAMPS, VIRTUAL FIELD TRIPS AND INPERSON VISITS. WE CONTINUED TO OFFER CURRICULUM BASED VIDEO PACKAGES OFFERING INDIRECT IMPACT WHICH RESULTED IN A TOTAL IMPACT OF OVER 34,500 PEOPLE. WE SERVED 390 FAMILIES THROUGH MEMBERSHIPS, HOSTED 35 ON-SITE FIELD TRIPS AND 63 VIRTUAL FIELD TRIPS . OUR SUMMER CAMP SCHEDULE CONSISTED OF 46 TOTAL CAMPS THAT WELCOMED 614 TOTAL CAMPERS. WE OFFERED 326 SCHOLARSHIPS TO OUR CAMPERS RESULTING IN OUR HIGHEST PERCENTAGE OF SCHOLARSHIPS EVER 53%. 2021 WAS A YEAR OF CELEBRATIONS HONORING OUR 25TH ANNIVERSARY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Devine Executive Dir. | Officer | 40 | $80,500 |
Neile Martin Chairman | OfficerTrustee | 1 | $0 |
Margaret Arthur Treasurer | OfficerTrustee | 1 | $0 |
Dr Colette Sabbagh Secretary | OfficerTrustee | 1 | $0 |
Dr Jason Craig Director | Trustee | 1 | $0 |
Andy Gail Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,307 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $102,915 |
| All other contributions, gifts, grants, and similar amounts not included above | $285,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $438,969 |
| Total Program Service Revenue | $250,690 |
| Investment income | $22,601 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $37,227 |
| Net Income from Fundraising Events | $54,653 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $12,245 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $817,742 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,500 |
| Compensation of current officers, directors, key employees. | $60,375 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,689 |
| Payroll taxes | $23,515 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,892 |
| Fees for services: Other | $6,500 |
| Advertising and promotion | $5,657 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $149,698 |
| Insurance | $15,452 |
| All other expenses | $48,494 |
| Total functional expenses | $650,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $419,888 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $42,246 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,276 |
| Prepaid expenses and deferred charges | $9,570 |
| Net Land, buildings, and equipment | $3,612,679 |
| Investments—publicly traded securities | $750,075 |
| Investments—other securities | $40,022 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,107 |
| Total assets | $4,919,863 |
| Accounts payable and accrued expenses | $10,783 |
| Grants payable | $0 |
| Deferred revenue | $53,766 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $64,549 |
| Net assets without donor restrictions | $4,102,665 |
| Net assets with donor restrictions | $752,649 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,919,863 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Shenandoah Valley Discovery Museum Inc has recieved totaling $105,112.
| Awarding Organization | Amount |
|---|---|
The Bank Of Clarke County Foundation Berryville, VA PURPOSE: FREE FRIDAYS AT DISCOVERY MUSEUM SPONSOR | $35,000 |
The Community Foundation Of Harrisonburg And Rockingham County Harrisonburg, VA PURPOSE: EDUCATION | $30,000 |
Richard Gwathmey And Caroline T Gwathmey Memorial Trust Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $20,000 |
United Way Of Northern Shenandoah Valley Winchester, VA PURPOSE: TO SUPPORT SCHOLARSHIPS FOR A SUMMER CAMP PROGRAM FOR UP TO 50 CHILDREN IN PARTNERSHIP WITH THE NAACP. | $10,500 |
John L Harrell & Margarett T Harrell Charitable Tr Winchester, VA PURPOSE: ADVANCE THE MISSION OF THE CHARITABLE ORGANIZATION | $3,000 |
American Woodmark Foundation Inc Winchester, VA PURPOSE: PARTNERSHIP WITH BRIGHT FUTURES AND HEALTHY FAMILIES OF N SHENANDOAH VALLEY WITH PASSES TO SEND FAMILIES TO THE MUSEUM | $1,500 |
Endowment Analysis
| Beg. Balance | $790,542 |
| Earnings | $72,197 |
| Net Contributions | $31,134 |
| Other Expense | $25,000 |
| Ending Balance | $868,873 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Maryland Book Bank Inc Baltimore, MD | $907,685 | $4,917,061 |
Baltimore Childrens Museum Inc Baltimore, MD | $20,197,093 | $5,154,726 |
Childrens Museum Of Memphis Memphis, TN | $13,720,336 | $2,454,911 |
Creative Discovery Museum Chattanooga, TN | $21,187,184 | $5,712,908 |
Northern Virginia Science Center Foundation Fairfax, VA | $12,837,527 | $5,104,096 |
Childrens Museum Of Richmond Richmond, VA | $8,094,641 | $4,347,352 |
Moco Kidsco Bethesda, MD | $1,515,612 | $3,185,373 |
Association Of Childrens Museums Inc Arlington, VA | $3,950,433 | $4,135,274 |
Amazement Square Lynchburg, VA | $7,800,718 | $1,033,755 |
Muse Knoxville Knoxville, TN | $1,015,860 | $1,450,790 |
Childrens Museum Corporation Of Rutherford County Murfreesboro, TN | $5,763,596 | $2,253,346 |
Living Arts & Science Center Inc Lexington, KY | $4,687,840 | $645,337 |