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Nonprofiteer
← DESTINATION IMAGINATION INC

Form 990 for tax year 2023

Filed by DESTINATION IMAGINATION INC.

Totals

Total revenue
$5,359,430
Total expenses
$4,544,004
Contributions and grants received
$689,214
Grants paid
$9,000
Program service revenue
$4,521,408
Investment income
$0
Other revenue
$148,808
Total assets, end of year
$1,316,064
Total liabilities, end of year
$603,883
Net assets or fund balances, end of year
$712,181
Program services expenses (Part IX)
$3,347,246
Management and general expenses
$1,064,473
Fundraising expenses
$132,285
Program service expenses (Part III)
$3,347,246

Program services were 73.7% 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

    $689,214

  • 2a · Program service revenue: NATIONAL COMPETITION

    total $3,641,158 · related or exempt $3,641,158

  • 2b · Program service revenue: TEAM REGISTRATION FEES

    total $880,250 · related or exempt $880,250

  • 10a · Gross sales of inventory

    $73,287

  • 10b · Cost of goods sold

    $29,456

  • 10c · Net income from sales of inventory

    total $43,831 · excluded $43,831

  • 11a · Other revenue: BACKGROUND PURCHASE

    total $64,525 · excluded $64,525

  • 11b · Other revenue: TRAINING REVENUE

    total $30,902 · excluded $30,902

  • 11c · Other revenue: AFFILIATE LICENSE FEE

    total $9,550 · excluded $9,550

  • 11e · Other revenue, total

    $104,977

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $9,000 · program services $9,000

  • 5 · Compensation of officers, directors and key employees

    total $247,563 · program services $149,355 · management and general $81,166 · fundraising $17,042

  • 7 · Other salaries and wages

    total $1,159,474 · program services $759,749 · management and general $314,010 · fundraising $85,715

  • 9 · Other employee benefits

    total $75,072 · program services $24,870 · management and general $47,033 · fundraising $3,169

  • 10 · Payroll taxes

    total $119,575 · program services $32,304 · management and general $82,940 · fundraising $4,331

  • 11b · Fees: legal

    total $52,969 · management and general $52,969

  • 11c · Fees: accounting

    total $95,370 · management and general $95,370

  • 11g · Fees: other

    total $234,653 · program services $233,744 · fundraising $909

  • 12 · Advertising and promotion

    total $9,171 · program services $1,104 · management and general $2,224 · fundraising $5,843

  • 13 · Office expenses

    total $8,399 · program services $4,589 · management and general $3,695 · fundraising $115

  • 14 · Information technology

    total $512,324 · program services $323,875 · management and general $185,544 · fundraising $2,905

  • 16 · Occupancy

    total $659,683 · program services $646,585 · management and general $10,478 · fundraising $2,620

  • 17 · Travel

    total $93,669 · program services $81,317 · management and general $10,148 · fundraising $2,204

  • 19 · Conferences, conventions and meetings

    total $736,084 · program services $736,084

  • 23 · Insurance

    total $54,348 · program services $27,174 · management and general $21,739 · fundraising $5,435

  • 24a · Other expenses: BANK AND CREDIT CARD FE

    total $116,647 · program services $77,314 · management and general $39,333

  • 24b · Other expenses: INFRASTRUCTURE

    total $113,973 · management and general $113,973 · fundraising $0

  • 24c · Other expenses: LICENSEE EXPENSE

    total $92,282 · program services $92,045 · management and general $237

  • 24d · Other expenses: REGISTRATION

    total $54,744 · program services $54,744

  • 24e · All other expenses

    total $99,004 · program services $93,393 · management and general $3,614 · fundraising $1,997

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $207,225 · end of year $1,044,509

  • 4 · Accounts receivable

    beginning of year $125,051 · end of year $160,623

  • 9 · Prepaid expenses and deferred charges

    beginning of year $84,413 · end of year $104,952

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

    $370,847

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

    $370,847

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $22,823 · end of year $5,980

  • 17 · Accounts payable and accrued expenses

    beginning of year $199,889 · end of year $227,315

  • 19 · Deferred revenue

    beginning of year $288,772 · end of year $333,260

  • 25 · Other liabilities

    beginning of year $54,096 · end of year $43,308

  • 27 · Net assets without donor restrictions

    beginning of year -$103,245 · end of year $712,181

Mission and programs · 2023

Mission

TO ENGAGE PARTICIPANTS IN PROJECT-BASED CHALLENGES THAT ARE DESIGNED TO BUILD CONFIDENCE AND DEVELOP EXTRAORDINARY CREATIVITY, CRITICAL THINKING, COMMUNICATION, AND TEAMWORK SKILLS..

Activities or mission (Part I)

OUR MISSION IS TO INSPIRE AND EQUIP YOUTH TO IMAGINE AND INNOVATE THROUGH THE CREATIVE PROCESS.

  • GLOBAL FINALS (GF) IS AN ANNUAL LIVE EVENT GF IS A COMPETITION FOR THE WINNERS OF OUR AFFILIATES' LOCAL, STATE, AND REGIONAL CHALLENGE COMPETITIONS FROM AROUND THE WORLD. THESE TOP TEAMS COMPETE IN OUR EDUCATIONAL CHALLENGE PROGRAMS TO DETERMINE TOP TEAMS.

    Expenses $3,347,246 · Grants $9,000 · Revenue $4,521,408

As filed on the 2023 return.

Listed in Part VII

  • Wesley Allen

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Chuck Good

    INTERIM VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Michael Jung

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • William Roach

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    2
  • Muhannad Al-Jarrah

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Aimee Barbagallo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Lisa Diner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Craig Richardson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Urooj Seemeen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Andrea Faulkner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Niral Merchant

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Kate Nylander

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Jayne Lerman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Lisa Hauser

    TRUSTEE UNTIL

    Total calculated
    $0
    Hours/week
    2
  • Michele Tuck-Ponder

    EXECUTIVE DIRECTOR

    Total calculated
    $245,963
    From this org
    $215,101
    From related orgs
    $0
    Other
    $30,862
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,101
    Bonus
    $0
    Other
    $0
    Deferred
    $29,000
    Nontaxable benefits
    $1,862
    Filer's total
    $245,963
  • Kevin McDonough

    MANAGING DIRECTOR OF INTERNAL OPERATIONS

    Total calculated
    $166,534
    From this org
    $128,105
    From related orgs
    $0
    Other
    $38,429
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $128,105
    Bonus
    $0
    Other
    $0
    Deferred
    $26,000
    Nontaxable benefits
    $12,429
    Filer's total
    $166,534
  • Paige Curtis

    DIR. STRATEGIC INITIATIVES & EVENTS

    Total calculated
    $115,804
    From this org
    $109,921
    From related orgs
    $0
    Other
    $5,883
    Hours/week
    40

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

  • 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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
13 August 2025
IRS schema version
2023v6.0
Source object
202512259349302351

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