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Nonprofiteer
← SCIENCE CENTER OF IOWA

Form 990 for tax year 2023

Filed by SCIENCE CENTER OF IOWA.

Totals

Total revenue
$6,966,798
Total expenses
$6,988,710
Contributions and grants received
$1,907,622
Grants paid
$0
Program service revenue
$4,359,147
Investment income
$631,387
Other revenue
$68,642
Total assets, end of year
$48,585,601
Total liabilities, end of year
$3,617,562
Net assets or fund balances, end of year
$44,968,039
Program services expenses (Part IX)
$5,636,244
Management and general expenses
$843,532
Fundraising expenses
$508,934
Program service expenses (Part III)
$5,636,244

Program services were 80.6% 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.

  • 1c · Fundraising events

    $80,000

  • 1e · Government grants (contributions)

    $200,750

  • 1f · All other contributions, gifts and grants

    $1,626,872

  • 2a · Program service revenue: PRESCHOOL TUITION

    total $1,251,809 · related or exempt $1,251,809

  • 2b · Program service revenue: EDUCATIONAL PROGRAMS

    total $1,103,696 · related or exempt $1,103,696

  • 2c · Program service revenue: ADMISSIONS

    total $969,441 · related or exempt $969,441

  • 2d · Program service revenue: MEMBERSHIP DUES

    total $694,985 · related or exempt $694,985

  • 2e · Program service revenue: PARKING RAMP

    total $339,216 · related or exempt $252,550 · unrelated business $86,666

  • 3 · Investment income

    total $553,154 · excluded $553,154

  • 7a · Gross sales of assets other than inventory

    securities $1,465,846

  • 7b · Less cost or other basis and sales expenses

    securities $1,387,613

  • 7c · Gain or loss

    securities $78,233

  • 7d · Net gain or loss

    total $78,233 · excluded $78,233

  • 8a · Fundraising events: gross income

    $69,394

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

    $80,000

  • 8b · Fundraising events: direct expenses

    $51,673

  • 8c · Net income from fundraising events

    total $17,721 · excluded $17,721

  • 10a · Gross sales of inventory

    $219,263

  • 10b · Cost of goods sold

    $168,342

  • 10c · Net income from sales of inventory

    total $50,921 · related or exempt $50,921

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $630,265 · program services $480,405 · management and general $81,013 · fundraising $68,847

  • 7 · Other salaries and wages

    total $2,256,371 · program services $1,719,867 · management and general $290,031 · fundraising $246,473

  • 9 · Other employee benefits

    total $381,594 · program services $290,861 · management and general $49,050 · fundraising $41,683

  • 10 · Payroll taxes

    total $208,869 · program services $159,206 · management and general $26,847 · fundraising $22,816

  • 11a · Fees: management

    total $40,360 · program services $40,360

  • 11c · Fees: accounting

    total $21,900 · program services $21,900

  • 11e · Fees: professional fundraising services

    total $51,315 · fundraising $51,315

  • 11f · Fees: investment management

    total $21,678 · management and general $21,678

  • 11g · Fees: other

    total $241,167 · program services $132,177 · management and general $108,990

  • 12 · Advertising and promotion

    total $107,071 · program services $1,233 · management and general $105,838

  • 13 · Office expenses

    total $5,570 · management and general $2,410 · fundraising $3,160

  • 14 · Information technology

    total $95,718 · program services $90,932 · management and general $2,587 · fundraising $2,199

  • 16 · Occupancy

    total $535,058 · program services $508,305 · management and general $14,463 · fundraising $12,290

  • 17 · Travel

    total $17,882 · program services $1,732 · management and general $16,150

  • 20 · Interest

    total $110,294 · program services $110,294

  • 22 · Depreciation, depletion and amortization

    total $988,363 · program services $938,945 · management and general $49,418

  • 23 · Insurance

    total $148,901 · program services $141,456 · management and general $7,445

  • 24a · Other expenses: SUPPLIES

    total $657,599 · program services $632,909 · management and general $15,523 · fundraising $9,167

  • 24b · Other expenses: EXHIBITS

    total $182,260 · program services $182,260

  • 24c · Other expenses: NUTRITION

    total $88,743 · program services $88,743

  • 24d · Other expenses: BANK FEES

    total $86,985 · program services $78,286 · fundraising $8,699

  • 24e · All other expenses

    total $110,747 · program services $16,373 · management and general $52,089 · fundraising $42,285

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,495,634 · end of year $323,489

  • 2 · Savings and temporary cash investments

    beginning of year $8,347,127 · end of year $11,009,232

  • 3 · Pledges and grants receivable

    beginning of year $1,721,524 · end of year $1,001,719

  • 4 · Accounts receivable

    beginning of year $52,793 · end of year $226,260

  • 8 · Inventories for sale or use

    beginning of year $46,929 · end of year $117,435

  • 9 · Prepaid expenses and deferred charges

    beginning of year $201,410 · end of year $163,432

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

    $47,898,865

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

    $17,015,167

  • 10c · Land, buildings and equipment, net

    beginning of year $31,102,013 · end of year $30,883,698

  • 11 · Investments: publicly traded securities

    beginning of year $2,877,580 · end of year $3,294,512

  • 15 · Other assets

    beginning of year $467,587 · end of year $1,565,824

  • 17 · Accounts payable and accrued expenses

    beginning of year $291,584 · end of year $388,401

  • 19 · Deferred revenue

    beginning of year $444,751 · end of year $338,515

  • 23 · Secured mortgages and notes payable

    beginning of year $2,975,442 · end of year $2,890,646

  • 27 · Net assets without donor restrictions

    beginning of year $36,007,547 · end of year $35,996,782

  • 28 · Net assets with donor restrictions

    beginning of year $8,593,273 · end of year $8,971,257

Mission and programs · 2023

Mission

THE SCIENCE CENTER OF IOWA ENGAGES AND INSPIRES IOWANS ALONG THEIR JOURNEY OF LIFELONG SCIENCE LEARNING.

Activities or mission (Part I)

TO INSPIRE SCIENTIFIC EXPLORATION THROUGH INTERACTIVE EDUCATION, EXHIBTS, AND PROGRAMS.

  • ADMISSIONS: THE SCIENCE CENTER OF IOWA HAS BEEN PART OF THE CULTURAL COMMUNITY OF IOWA SINCE OPENING IN 1966. THE CURRENT, 117,000 SQUARE FOOT SCIENCE CENTER OF IOWA FACILITY OPENED IN DOWNTOWN DES MOINES IN 2005 AND HOUSES ENGAGING EXHIBIT AREAS WHERE VISITORS CAN EXPLORE, LEARN, AND DISCOVER THROUGH HANDS-ON INTERACTION WITH SCIENCE AND TECHNOLOGY FOCUSED EXHIBITS. THE FACILITY ALSO INCLUDES AN ADDITIONAL EXHIBIT HALL THAT HOSTS BOTH TRAVELING EXHIBITS AND SPECIAL EVENTS. IN ADDITION, SCI HOUSES THE JOHN DEERE ADVENTURE THEATER FEATURING LIVE SCIENCE THEATER PERFORMANCES AND THE STAR THEATER PLANETARIUM WHICH FEATURES ASTRONOMY PROGRAMS AND SHOWS.

    Expenses $789,780 · Revenue $800,509

  • PRESCHOOL PROGRAM: FOR MORE THAN 40 YEARS, THE SCIENCE CENTER OF IOWA'S PRESCHOOL HAS PROVIDED CHILDREN WITH THE OPPORTUNITY TO EXPERIENCE HANDS-ON ACTIVITIES, EXPLORE A VARIETY OF TOPICS AND LEARN POSITIVE SOCIAL INTERACTION SKILLS IN THE UNIQUE SCIENCE-BASED SETTING OF THE SCIENCE CENTER OF IOWA. THE LOCATION OF THE PRESCHOOL SOLIDIFIES THE SCIENCE CENTER'S COMMITMENT TO PREPARING CHILDREN FOR THEIR FUTURE EDUCATION, WHILE ALSO OFFERING THEM OPPORTUNITIES FOR FUN AS PART OF THE LEARNING EXPERIENCE. THE SCIENCE CENTER OF IOWA PRESCHOOL RECEIVED NATIONAL ASSOCIATION FOR THE EDUCATION OF YOUNG CHILDREN (NAEYC) ACCREDITATION IN AUGUST OF 2008 AND CONTINUES TO MAINTAIN THAT CERTIFICAITON.

    Expenses $1,097,540 · Revenue $1,251,809

  • EDUCATION: THE SCIENCE CENTER OF IOWA PROVIDES ENGAGING AND INSPIRING STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) EDUCATIONAL PROGRAMS TO SCHOOLS, GROUPS, AND THE GENERAL PUBLIC. THESE INTERACTIVE PROGRAMS AND DEMOSTRATIONS ARE PROVIDED DAILY TO VISITORS IN THE EXHIBIT AREAS, THEATERS, AND IN SPACES THROUGHOUT THE SCIENCE CENTER OF IOWA DESIGNATED FOR LEARNING, INCLUDING THE INNOVATION LAB. EDUCATIONAL PROGRAMS ARE ALSO DELIVERED THROUGH SCI SUMMER CAMPS, THE SCI OUTREACH PROGRAM, AND THROUGH ADDITIONAL WORKSHOPS, EVENTS, AND CLASSES OFFERED TO PRESCHOOL-AGED CHILDREN THROUGH ADULT AUDIENCES. FURTHER, SCIENCE CENTER OF IOWA DELIVERS SCIENCE FOCUSED EDUCATION PROGRAMS THROUGH THE SCI PRESCHOOL PROGRAM.

    Expenses $1,276,790 · Revenue $1,103,696

  • OTHER PROGRAM SERVICES INCLUDE A RETAIL SHOP, FACILITY RENTAL, OPERATIONS, BUILDING AND GROUNDS, AND THE PARKING GARAGE.

    Expenses $2,472,134 · Revenue $1,123,226

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Doug Fick

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • Dr Tom Rice

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Tony Fenton

    CHAIR INTERNAL AFFAIRS

    Total calculated
    $0
    Hours/week
    1
  • Dr Sue Mattison

    EXTERNAL AFFAIRS COMMITTEE

    Total calculated
    $0
    Hours/week
    1
  • Dr Bick T Carfrae

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • James Dougherty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Julian Chaky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Magan Lewis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Doug Martin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Joe McCarty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Alyssa Saunders

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Muhammad Aadil Spocter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Joanne Lasrado

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Suzanne Mineck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Adam Douglas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Brent Hagan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Claudia Schabel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Dr Peter Dorhout

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • David Creasey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Sheldon Ohringer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5
  • Curt Simmons

    PRESIDENT/CEO

    Total calculated
    $247,488
    From this org
    $238,768
    From related orgs
    $0
    Other
    $8,720
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $212,957
    Bonus
    $25,811
    Other
    $0
    Deferred
    $7,835
    Nontaxable benefits
    $885
    Filer's total
    $247,488
  • Cindy Shelton

    FORMER CFO & VP OF ADMINISTRATION

    Total calculated
    $123,111
    From this org
    $114,228
    From related orgs
    $0
    Other
    $8,883
    Hours/week
    40
  • Daniel Raedeker

    VP OF COMMUNITY ENGAGEMENT

    Total calculated
    $155,125
    From this org
    $122,471
    From related orgs
    $0
    Other
    $32,654
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $116,624
    Bonus
    $5,847
    Other
    $0
    Deferred
    $4,333
    Nontaxable benefits
    $28,321
    Filer's total
    $155,125

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 · Written employment contract
  • 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
9 April 2025
IRS schema version
2023v6.0
Source object
202500999349300815

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