Totals
- Total revenue
- $1,490,807
- Total expenses
- $1,796,899
- Contributions and grants received
- $699,832
- Grants paid
- $0
- Program service revenue
- $652,920
- Investment income
- $36,823
- Other revenue
- $101,232
- Total assets, end of year
- $7,595,875
- Total liabilities, end of year
- $349,778
- Net assets or fund balances, end of year
- $7,246,097
- Program services expenses (Part IX)
- $1,395,230
- Management and general expenses
- $247,433
- Fundraising expenses
- $154,236
- Program service expenses (Part III)
- $1,395,230
Program services were 77.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$699,832
-
2a · Program service revenue: MUSEUM ADMISSION
total $279,976 · related or exempt $279,976
-
2b · Program service revenue: BIRTHDAYS,CLASSES,RENT
total $167,419 · related or exempt $167,419
-
2c · Program service revenue: MUSEUM MEMBERSHIPS
total $119,630 · related or exempt $119,630
-
2d · Program service revenue: TOURS
total $85,895 · related or exempt $85,895
-
3 · Investment income
total $55,054 · excluded $55,054
-
7a · Gross sales of assets other than inventory
securities $216,607 · other assets $6,776
-
7b · Less cost or other basis and sales expenses
securities $182,684 · other assets $58,930
-
7c · Gain or loss
securities $33,923 · other assets -$52,154
-
7d · Net gain or loss
total -$18,231 · related or exempt -$21,979 · unrelated business $3,748
-
8a · Fundraising events: gross income
$174,798
-
8b · Fundraising events: direct expenses
$72,962
-
8c · Net income from fundraising events
total $101,836 · excluded $101,836
-
10a · Gross sales of inventory
$10,023
-
10b · Cost of goods sold
$9,661
-
10c · Net income from sales of inventory
total $362 · related or exempt $362
-
11a · Other revenue: MISCELLANEOUS
total $768 · related or exempt $768
-
11b · Other revenue: GAIN ON CSV
total -$1,734 · related or exempt -$1,734
-
11e · Other revenue, total
-$966
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $184,000 · program services $58,880 · management and general $88,320 · fundraising $36,800
-
7 · Other salaries and wages
total $735,417 · program services $639,877 · management and general $22,010 · fundraising $73,530
-
8 · Pension plan contributions
total $18,811 · management and general $18,811
-
9 · Other employee benefits
total $59,207 · program services $44,997 · management and general $7,105 · fundraising $7,105
-
10 · Payroll taxes
total $79,294 · program services $60,264 · management and general $9,515 · fundraising $9,515
-
11c · Fees: accounting
total $33,885 · program services $33,885
-
11f · Fees: investment management
total $12,544 · program services $12,544
-
17 · Travel
total $5,508 · management and general $5,508
-
20 · Interest
total $15,583 · program services $15,583
-
22 · Depreciation, depletion and amortization
total $260,923 · program services $260,923
-
23 · Insurance
total $53,609 · program services $46,069 · management and general $7,540
-
24a · Other expenses: UTILITIES
total $73,791 · program services $66,412 · management and general $7,379
-
24b · Other expenses: EQUIPMENT AND EXHIBITS
total $58,324 · program services $58,324
-
24c · Other expenses: STAFF DEVELOPMENT
total $38,780 · program services $19,390 · management and general $19,390
-
24d · Other expenses: DUES AND FEES
total $26,105 · management and general $23,140 · fundraising $2,965
-
24e · All other expenses
total $141,118 · program services $78,082 · management and general $38,715 · fundraising $24,321
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $261,656 · end of year $217,411
-
3 · Pledges and grants receivable
beginning of year $29,500 · end of year $155,364
-
4 · Accounts receivable
beginning of year $20,106 · end of year $31,970
-
8 · Inventories for sale or use
beginning of year $21,032 · end of year $19,539
-
10a · Land, buildings and equipment: cost or other basis
$11,699,484
-
10b · Land, buildings and equipment: accumulated depreciation
$6,613,577
-
10c · Land, buildings and equipment, net
beginning of year $5,353,923 · end of year $5,085,907
-
11 · Investments: publicly traded securities
beginning of year $1,820,174 · end of year $1,988,055
-
15 · Other assets
beginning of year $99,363 · end of year $97,629
-
17 · Accounts payable and accrued expenses
beginning of year $22,472 · end of year $31,188
-
23 · Secured mortgages and notes payable
beginning of year $150,000 · end of year $297,000
-
25 · Other liabilities
beginning of year $19,426 · end of year $21,590
-
27 · Net assets without donor restrictions
beginning of year $5,478,393 · end of year $5,111,091
-
28 · Net assets with donor restrictions
beginning of year $1,935,463 · end of year $2,135,006
Mission and programs · 2023
Mission
THE MUSEUM'S MISSION IS DEDICATED TO MOTIVATING CHILDREN AND ADULTS OF ALL BACKGROUNDS AND ABILITIES TOWARD GREATER CREATIVITY AND UNDERSTANDING OF THEMSELVES AND THE WORLD THROUGH HANDS-ON LEARNING.
Activities or mission (Part I)
AMAZEMENT SQUARE CULTIVATES AN ENGAGED COMMUNITY OF LIFELONG LEARNERS BY SPARKING IMAGINATION, CREATIVITY, AND CURIOSITY.
-
OPERATION OF A CHILDREN'S MUSEUM DEDICATED TO MOTIVATING CHILDREN AND ADULTS OF ALL BACKGROUNDS AND ABILITIES TOWARDS GREATER CREATIVITY AND UNDERSTANDING OF THE WORLD THROUGH HANDS-ON LEARNING AND EDUCATIONAL PROGRAMS.
Expenses $1,395,230 · Revenue $630,337
As filed on the 2023 return.
Listed in Part VII
-
Garth AinsleyGARTH AINSLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Diane LudwigDIANE LUDWIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Teresa L BrennanTERESA L BRENNAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer Bryant-FosterJENNIFER BRYANT-FOSTER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Jitendra AnnapareddyJITENDRA ANNAPAREDDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Faye FergusonFAYE FERGUSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kasey ForehandKASEY FOREHAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Frances J GilesFRANCES J GILES
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Janie HallJANIE HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Hylan T Hubbard IIIHYLAN T HUBBARD III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
D Todd IrbyD TODD IRBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Beverly McCloskeyBEVERLY MCCLOSKEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Robert O'BrianROBERT O'BRIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Thomas W Pettyjohn JrTHOMAS W PETTYJOHN JR
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Martha SeuferMARTHA SEUFER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amanda SmithsonAMANDA SMITHSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Eric Sorenson JrERIC SORENSON JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Andrew DavidsonANDREW DAVIDSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
W Kent Van Allen JrW KENT VAN ALLEN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Carissa KregenowCARISSA KREGENOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lynch VranianLYNCH VRANIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jacoben ToneJACOBEN TONE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Scott BranbrandSCOTT BRANBRAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Sue Ott RowlandsSUE OTT ROWLANDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kate SiglerKATE SIGLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mort Sajadian PhDMORT SAJADIAN PHD
PRESIDENT/CEO
- Total calculated
- $193,200
- From this org
- $184,000
- From related orgs
- $0
- Other
- $9,200
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $184,000
- Bonus
- $0
- Other
- $0
- Deferred
- $9,200
- Nontaxable benefits
- $0
- Filer's total
- $193,200
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- THE CEO'S COMPENSATION IS REVIEWED ANNUALLY AS PART OF THE BUDGET PROCESS AND APPROVED BY THE BOARD.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
AMAZEMENT SQUARE DEVELOPMENT CORP
C · REAL ESTATE DEVELOPMENT · VA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 12 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412579349301311
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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