Fort Worth Museum Of Science And History is located in Fort Worth, TX. The organization was established in 1948. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Fort Worth Museum Of Science And History employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Worth Museum Of Science And History 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 09/2023, Fort Worth Museum Of Science And History generated $25.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $11.7m during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO LIFELONG LEARNING AND ANCHORED BY OUR RICH COLLECTIONS, THE FORT WORTH MUSEUM OF SCIENCE AND HISTORY ENGAGES OUR DIVERSE COMMUNITY THROUGH CREATIVE, VIBRANT PROGRAMS AND EXHIBITS INTERPRETING SCIENCE AND THE STORES OF TEXAS AND THE SOUTHWEST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MUSEUM OWNS AND MAINTAINS A COLLECTION OF OVER 175,000 SCIENTIFIC EXHIBITS AND HISTORICAL OBJECTS WITH AN EMPHASIS ON TEXAS AND THE SOUTHWEST. WE PROVIDE ENGAGING, INTERACTIVE EXPERIENCES TO THE PUBLIC THAT INVOLVE POWERFUL, FIRST-HAND INFORMAL LEARNING THROUGH OUR EXHIBITIONS, INNOVATION GALLERY, INNOVATION STUDIOS, AND CHILDREN'S MUSEUM. THE MUSEUM FEATURES 50,000+ SQUARE FEET OF EXHIBITIONS ON TOPICS INCLUDING ENERGY, DINOSAURS, INNOVATION, FORT WORTH HISTORY, AND ASTRONOMY. THE MUSEUM WELCOMED OVER 252,729 GUESTS, INCLUDING SCHOOL CHILDREN, FAMILIES, AND GROUPS.
OTHER PROGRAM SERVICES CONSIST OF RENTAL INCOME, NET INCOME FROM SALES OF INVENTORY, PARKING FEES, AND OTHER PROGRAM REVENUES.
DISCOVERY LAB ON WHEELS PROVIDES PROGRAMMING TO A VARIETY OF AUDIENCES FROM SCHOOL CLASSROOMS TO COMMUNITY AND LIBRARY PROGRAMS. DLW ALSO PROVIDES PROGRAMMING TO ADULT AUDIENCES THROUGH OUR LIFE SCIENCE LECTURES AND RECOLLECTIONS PROGRAMS. THESE PROGRAMS ARE TAILORED TO ADULTS LIVING WITH DEMENTIA OR IN ASSISTED LIVING FACILITIES. DURING FY2022 THE DISCOVERY LAB ON WHEELS PROGRAM VISITED 40 LOCATIONS, 5,579 CHILDREN AND 1,298 ADULTS. DISCOVERY LAB ON WHEELS 2022-2023 SERVED 93 LOCATIONS, 3,929 CHILDREN AND 593 ADULTS. THE FAMILY MUSEUM NIGHTS PROGRAM PROVIDES SCHOOLS WITH THE OPPORTUITY TO BRING THEIR FAMILIES TO THE MUSEUM FOR AN EXCLUSIVE VISIT. IN FY2022, 34 SCHOOOLS VISITED THE MUSEUM WITH 11,802 IN ATTENDANCE. IN FY2023, 88 SCHOOLS VISITED WITH 18,247 IN ATTENDANCE. THE FAMILY STEAM FESITVALS PROGRAM TRAVELS TO CAMPUSES BRINGING QUALITY EDUCATIONAL EXPERIENCES INTO THE SCHOOL FOR FAMILIES WHO MAY NOT BE ABLE TO ATTEND THE MUSEUM OTHERWISE. DURING FY2022, 20 CAMPUSES PARTICIPATED IN THE PROGRAM WITH 6,091 PROGRAM PARTICIPANTS IN ATTENDANCE. IN FY2023, 60 CAMPUSES PARTICIPAED WITH 14,651 PROGRAM PARTICIPANTS IN ATTENDANCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marianne Auld Chair | OfficerTrustee | 2.5 | $0 |
Ryan C Harrington Trustee | Trustee | 1 | $0 |
Lorene Agather Trustee | Trustee | 1 | $0 |
Mike Atkinson Trustee | Trustee | 1 | $0 |
Stephanie Bird Baker Trustee | Trustee | 1 | $0 |
Brandon Bledsoe Trustee | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bennett Benner Partners Architecture Services | 9/29/17 | $720,035 |
Haskel Consulting Llc Fund Raising Consultant | 9/29/17 | $216,000 |
Far Out Creative Direction Consulting Services | 9/29/17 | $105,776 |
Bennett Benner Partners Architecture Services | 9/29/17 | $720,035 |
Haskel Consulting Llc Fund Raising Consultant | 9/29/17 | $216,000 |
Far Out Creative Direction Consulting Services | 9/29/17 | $105,776 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $525,293 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $21,371,164 |
Noncash contributions included in lines 1a–1f | $168,359 |
Total Revenue from Contributions, Gifts, Grants & Similar | $21,896,457 |
Total Program Service Revenue | $2,507,665 |
Investment income | $213,612 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $98,597 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,868 |
Net Income from Fundraising Events | $343,419 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $25,329,362 |
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. | $654,606 |
Compensation of current officers, directors, key employees. | $220,519 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $3,533,051 |
Pension plan accruals and contributions | $280,405 |
Other employee benefits | $275,343 |
Payroll taxes | $314,316 |
Fees for services: Management | $2,381,086 |
Fees for services: Legal | $24,323 |
Fees for services: Accounting | $54,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $11,026 |
Fees for services: Other | $98,902 |
Advertising and promotion | $193,979 |
Office expenses | $419,374 |
Information technology | $27,811 |
Royalties | $0 |
Occupancy | $475,036 |
Travel | $106,619 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $13,463 |
Interest | $76,478 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,123,359 |
Insurance | $132,087 |
All other expenses | -$278,781 |
Total functional expenses | $11,695,909 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,393,644 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $10,227,559 |
Accounts receivable, net | $20,741 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $18,786 |
Prepaid expenses and deferred charges | $41,946 |
Net Land, buildings, and equipment | $53,040,362 |
Investments—publicly traded securities | $0 |
Investments—other securities | $2,402,871 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $209,094 |
Total assets | $69,355,003 |
Accounts payable and accrued expenses | $2,650,409 |
Grants payable | $0 |
Deferred revenue | $334,657 |
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 | $1,450,000 |
Other liabilities | $259,034 |
Total liabilities | $4,694,100 |
Net assets without donor restrictions | $42,591,718 |
Net assets with donor restrictions | $22,069,185 |
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 | $69,355,003 |