Hands On Discovery Center
- Assets
- $1.8m
- Revenue
- $805.4k
- Investments
- $259.7k
- Employees
- 24
- Location
- Gray, TN
- Founding
- 12/1986
- Data as of
- 06/2022
- EIN
- 62-1282542
Organization Overview
Hands On Discovery Center is located in Gray, TN. The organization was established in 1986. 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 06/2022, Hands On Discovery Center employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hands On Discovery Center 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 06/2022, Hands On Discovery Center generated $805.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $760.2k during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE DISCOVERY CENTER'S MISSION IS TO SUPPORT EDUCATION FOR LEARNERS OF ALL AGES BY PROVIDING OUT-OF-SCHOOL LEARNING EXPERIENCES WHICH CANNOT REALISTICALLY BE OFFERED WITHIN THE CONSTRAINTS OF A FORMAL SCHOOL PROGRAM. THE DISCOVERY CENTER'S ROLE IN RELATIONSHIP TO AREA SCHOOLS IS TO COMPLEMENT EXISTING PROGRAMS BY OFFERING LEARNING OPPORTUNITIES WHICH WILL EXTEND AND ENHANCE, BUT NOT SUPPLANT THE SCHOOL EXPERIENCE. TOWARD THESE ENDS, THE DISCOVERY CENTER CONDUCTS PARTICIPATORY PROGRAMS AND SUCH OTHER ACTIVITIES AS THE BOARD OF DIRECTORS DEEMS NECESSARY TO PROMOTE THE EXPRESSED PURPOSES OF THE DISCOVERY CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION MUSEUM - HANDS ON EDUCATIONAL EXPERIENCE FOR ADULTS AND CHILDREN IN THE ARTS AND SCIENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Marquart Thru 61522 President & | Officer | 40 | $95,000 |
James H Dorton Thru 6122 Treasurer | OfficerTrustee | 1 | $0 |
Will Barrett Past Chairma | OfficerTrustee | 1 | $0 |
Helen Harmon Chair | OfficerTrustee | 1 | $0 |
Dr Amy Malkus Secretary | OfficerTrustee | 1 | $0 |
Marcy Walker Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,318 |
| Related organizations | $0 |
| Government grants | $251,694 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,223 |
| Noncash contributions included in lines 1a–1f | $2,318 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $313,235 |
| Total Program Service Revenue | $418,975 |
| Investment income | $2,698 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $25,299 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $45,169 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $805,376 |
| 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. | $84,477 |
| Compensation of current officers, directors, key employees. | $25,343 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $295,892 |
| Pension plan accruals and contributions | $5,033 |
| Other employee benefits | $38,857 |
| Payroll taxes | $28,948 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,711 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,569 |
| Advertising and promotion | $21,581 |
| Office expenses | $10,531 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,404 |
| Travel | $4,496 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $36,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $81,599 |
| Insurance | $11,646 |
| All other expenses | $27,100 |
| Total functional expenses | $760,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $290,223 |
| Savings and temporary cash investments | $182,323 |
| Pledges and grants receivable | $11,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $50,000 |
| Inventories for sale or use | $6,220 |
| Prepaid expenses and deferred charges | $3,486 |
| Net Land, buildings, and equipment | $832,401 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $259,715 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $200,000 |
| Total assets | $1,835,368 |
| Accounts payable and accrued expenses | $22,989 |
| Grants payable | $0 |
| Deferred revenue | $12,005 |
| 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 | $785,408 |
| Total liabilities | $820,402 |
| Net assets without donor restrictions | $716,017 |
| Net assets with donor restrictions | $298,949 |
| 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 | $1,835,368 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hands On Discovery Center has recieved totaling $13,500.
| Awarding Organization | Amount |
|---|---|
Speedway Childrens Charities Concord, NC PURPOSE: EDUCATIONAL | $8,500 |
Powell Foundation Johnson City, TN PURPOSE: HANDS ON DISCOVERY CENTER | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Magic House St Louis, MO | $33,104,106 | $8,688,118 |
Mcwane Science Center Birmingham, AL | $14,725,036 | $4,969,032 |
Mississippi Childrens Museum Jackson, MS | $39,596,434 | $5,991,730 |
Howard County Childrens Center Inc Nashville, AR | $6,009,144 | $5,154,134 |
Childrens Museum Of Memphis Memphis, TN | $13,720,336 | $2,454,911 |
Childrens Museum Of Atlanta Inc Atlanta, GA | $7,234,962 | $4,142,531 |
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 |
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 |