Ventura County Discovery Center
- Assets
- $629.1k
- Revenue
- $35.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Westlake Village, CA
- Founding
- 12/1994
- Data as of
- 06/2024
- EIN
- 77-0388093
Organization Overview
Ventura County Discovery Center is located in Westlake Village, CA. The organization was established in 1994. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ventura County 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 06/2024, Ventura County Discovery Center generated $35.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $164.6k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE VENTURA COUNTY DISCOVERY CENTER IS TO CREATE EXCITEMENT ABOUT LEARNING SCIENCE IN AN ENVIRONMENT THAT PROMOTES CURIOSITY, EXPLORATION, DISCOVERY, AND CREATIVITY. IT OPERATES AS A MUSEUM WITHOUT WALLS, PROVIDING PROGRAMS AT SCHOOLS AND COMMUNITY VENUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSPIRE CHILDREN AND ADULTS TO EXPAND THEIR THINKING AND CREATIVE POWERS. THE VENTURA COUNTY DISCOVERY CENTER ACTS AS A MUSEUM WITHOUT WALLS AND IS A PLACE TO PLAY AT SCIENCE, TO FEEL CONFIDENT ABOUT ONE'S ABILITY TO THINK SCIENTIFICALLY, TO FOSTER NATURAL CURIOSITY, AND TO EXPERIENCE SCIENCE IN NEW AND EXCITING WAYS. PROGRAMS INCLUDE FAMILY SCIENCE NIGHT, SCIENCE THEATER, AND STARLAB, AMONG OTHERS. THE OUTREACH PROGRAMS SUCH AS THESE GENERALLY SERVE APPROXIMATELY 132,000 PEOPLE. COMMUNITY EVENTS SPONSORED OR CO-SPONSORED BY THE VENTURA COUNTY DISCOVERY CENTER GENERALLY SERVES APPROXIMATELY ANOTHER 30,000 PEOPLE. DUE TO THE PANDEMIC, PROGRAMS WERE LARGELY INACTIVE DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Fudurich Board Member | Trustee | 0.5 | $0 |
John Bradley Board Chair | OfficerTrustee | 1 | $0 |
Ken Bauer CFO | OfficerTrustee | 0.5 | $0 |
Gail Bishop Treasurer | OfficerTrustee | 1 | $0 |
Christine Schieferle Board Member | Trustee | 0.5 | $0 |
Carrie Glicksteen Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $5,043 |
| Investment income | $17,176 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,965 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,184 |
| 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. | $110,320 |
| Compensation of current officers, directors, key employees. | $46,064 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,163 |
| Payroll taxes | $8,551 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,880 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,567 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $43 |
| Information technology | $270 |
| Royalties | $0 |
| Occupancy | $2,700 |
| 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 | $324 |
| Insurance | $15 |
| All other expenses | $1,954 |
| Total functional expenses | $164,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,043 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $3,163 |
| Net Land, buildings, and equipment | $81 |
| Investments—publicly traded securities | $576,309 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,460 |
| Total assets | $629,056 |
| Accounts payable and accrued expenses | $32,784 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $32,784 |
| Net assets without donor restrictions | $507,193 |
| Net assets with donor restrictions | $89,079 |
| 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 | $629,056 |