Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $1,358,325

• 1c · Fundraising events

  $777,720

• 1e · Government grants (contributions)

  $1,598,334

• 1f · All other contributions, gifts and grants

  $1,085,727

• 2a · Program service revenue: PROGRAM REVENUE

  total $6,745,631 · related or exempt $6,745,631

• 3 · Investment income

  total $259,639 · excluded $259,639

• 6a · Gross rents

  real property $34,070

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $34,070

• 6d · Net rental income or loss

  total $34,070 · related or exempt $34,070

• 8a · Fundraising events: gross income

  $752,450

• 8a · Fundraising events: contributions included on line 1c

  $777,720

• 8b · Fundraising events: direct expenses

  $648,119

• 8c · Net income from fundraising events

  total $104,331 · excluded $104,331

• 10a · Gross sales of inventory

  $841,161

• 10b · Cost of goods sold

  $459,396

• 10c · Net income from sales of inventory

  total $381,765 · related or exempt $381,765

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $933,150 · related or exempt $933,150

• 11b · Other revenue: PARKING

  total $452,429 · related or exempt $452,429

• 11c · Other revenue: GAIN ON INVESTMENTS

  total $865 · related or exempt $865

• 11e · Other revenue, total

  $1,386,444

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $832,682 · program services $468,561 · management and general $215,024 · fundraising $149,097

• 7 · Other salaries and wages

  total $5,541,535 · program services $4,001,664 · management and general $1,197,349 · fundraising $342,522

• 8 · Pension plan contributions

  total $157,339 · program services $111,915 · management and general $34,321 · fundraising $11,103

• 9 · Other employee benefits

  total $340,818 · program services $242,537 · management and general $74,223 · fundraising $24,058

• 10 · Payroll taxes

  total $552,605 · program services $387,950 · management and general $122,297 · fundraising $42,358

• 11f · Fees: investment management

  total $37,895 · management and general $37,895

• 11g · Fees: other

  total $472,743 · program services $185,389 · management and general $205,495 · fundraising $81,859

• 12 · Advertising and promotion

  total $493,522 · program services $121,488 · management and general $359,871 · fundraising $12,163

• 13 · Office expenses

  total $10,030 · program services $175 · management and general $7,784 · fundraising $2,071

• 16 · Occupancy

  total $1,137,375 · program services $1,114,620 · management and general $9,555 · fundraising $13,200

• 17 · Travel

  total $38,116 · program services $1,118 · management and general $979 · fundraising $36,019

• 19 · Conferences, conventions and meetings

  total $18,116 · program services $14,333 · management and general $3,783

• 20 · Interest

  total $459,388 · program services $450,198 · management and general $3,829 · fundraising $5,361

• 22 · Depreciation, depletion and amortization

  total $2,033,390 · program services $1,992,711 · management and general $16,949 · fundraising $23,730

• 24a · Other expenses: SUPPLIES, MATERIALS, EQ

  total $696,774 · program services $624,865 · management and general $52,782 · fundraising $19,127

• 24b · Other expenses: OTHER EXPENSES

  total $566,577 · program services $555,245 · management and general $4,533 · fundraising $6,799

• 24c · Other expenses: EXHIBIT AND PROGRAM EXP

  total $308,967 · program services $283,330 · management and general $25,637

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $16,704,837 · end of year $2,042,002

• 2 · Savings and temporary cash investments

  beginning of year $1,607,250 · end of year $2,259,662

• 3 · Pledges and grants receivable

  beginning of year $446,994 · end of year $511,860

• 4 · Accounts receivable

  beginning of year $368,990 · end of year $975,992

• 7 · Other notes and loans receivable

  beginning of year $2,710,610 · end of year $1,674,249

• 8 · Inventories for sale or use

  beginning of year $126,349 · end of year $115,456

• 9 · Prepaid expenses and deferred charges

  beginning of year $61,642 · end of year $291,947

• 10a · Land, buildings and equipment: cost or other basis

  $81,646,287

• 10b · Land, buildings and equipment: accumulated depreciation

  $39,161,148

• 10c · Land, buildings and equipment, net

  beginning of year $38,662,815 · end of year $42,485,139

• 11 · Investments: publicly traded securities

  beginning of year $102,009 · end of year $13,034,432

• 15 · Other assets

  beginning of year $18,500 · end of year $18,500

• 17 · Accounts payable and accrued expenses

  beginning of year $1,856,337 · end of year $1,760,523

• 19 · Deferred revenue

  beginning of year $2,191,680 · end of year $4,075,713

• 23 · Secured mortgages and notes payable

  beginning of year $12,144,942 · end of year $11,691,935

• 25 · Other liabilities

  beginning of year $499,059 · end of year $1,350,786

• 27 · Net assets without donor restrictions

  beginning of year $43,135,853 · end of year $43,311,124

• 28 · Net assets with donor restrictions

  beginning of year $982,125 · end of year $1,219,158

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENT OF FINANCE IS DETERMINED BY AN EXECUTIVE COMMITTEE COMPRISED OF BOARD MEMBERS. THE EXECUTIVE COMMITTEE MEETS ANNUALLY TO REVIEW COMPENSATION OF THE PRESIDENT AND VICE PRESIDENT OF FINANCE. THE EXECUTIVE COMMITTEE USES COMPARABILITY DATA IN DETERMINING COMPENSATION AS WELL AS TAKING INTO CONSIDERATION THE FINANCIAL AND OPERATING PERFORMANCE OF THE ORGANIZATION.

SCHEDULE J, PART II

WE HAVE A SHARED SERVICE ARRANGEMENT BETWEEN DSCOC AND DSCLA AND MANY OF OUR SENIOR EXECUTIVES AND KEY EMPLOYEES, INCLUDING OUR CEO, MANAGE BOTH ENTITIES. USING AN ESTIMATE BASED ON ACTUAL TIME SPENT IN SUPPORT OF A LOCATION, 33% OF THE CEO'S REPORTED BASE COMPENSATION, INCLUDING SOME BENEFITS IN 2022 ON HIS W-2, WERE PAID BY DSCLA AND REPORTED IN THEIR FINANCIAL STATEMENTS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• DISCOVERY SCIENCE CENTER LEVERAGED LENDER LLC

  NMTC ENTITY · CA

  Directly controlled by DISCOVERY SCIENCE CENTER ORANGE COUNTY