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Arts, Culture, Humanities : Museums

Discovery Place

Discover the extraordinary

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Impact Information is available from our partner, GuideStar

four stars

90.80

301 North Tryon Street Charlotte, NC 28202
tel: (704) 372-6261   Web Site
EIN: 56-0529944

Board Leadership
Martin Foley
Chair

CEO
Catherine Wilson Horne
President & CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 90.80 four stars
  Financial 89.75 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1981, Discovery Place is dedicated to inspiring exploration of the natural and social world through extraordinary exhibits and educational programs that inform, challenge and engage audiences of all ages. Discovery Place operates Discovery Place and Charlotte Nature Museum, and is developing a children's museum, Discovery Place KIDS. As one of the leading hands-on science centers in the country, Discovery Place offers visitors the opportunity to gain a greater understanding of the basics of science, technology, engineering and mathematics in a fun, interactive and informal setting. Discovery Place KIDS is a children's museum under development providing an extraordinary and rich play experience that engages children's imagination and inspires learning, the Museum is designed to serve children and their parents or caregivers.

Founded in 1981, Discovery Place is dedicated to inspiring exploration of the natural and social world through extraordinary exhibits and educational programs that inform, challenge and engage audiences of all ages. Discovery Place operates Discovery Place and Charlotte Nature Museum, and is developing a children's museum, Discovery Place KIDS. As one of the leading hands-on science centers in the country, Discovery Place offers visitors the opportunity to gain a greater understanding of the basics of science, technology, engineering and mathematics in a fun, interactive and informal setting. Discovery Place KIDS is a children's museum under development providing an extraordinary and rich play experience that engages children's imagination and inspires learning, the Museum is designed to serve children and their parents or caregivers.

Impact Information

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This impact information is current as of July 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

89.75

Accountability & Transparency

four stars

92.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.2%
  Administrative Expenses 13.5%
  Fundraising Expenses 4.1%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 6.05
  Program Expenses Growth -2.7%
  Liabilities to Assets 1.8%
All data for Financial Performance Metrics calculations was provided by Discovery Place on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Discovery Place on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Discovery Place (NC) 90.80 four stars
Liberty Science Center (NJ) 91.45 four stars
Science Museum Oklahoma (OK) 97.15 four stars
The Tech Museum of Innovation (CA) 95.79 four stars
John P. McGovern Museum of Health & Medical Science (TX) 87.91 three stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $11,379,725
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $135,735
   Related Organizations $0
   Government Grants $1,088,513
Total Contributions $12,603,973
   Program Service Revenue $7,319,779
Total Primary Revenue $19,923,752
   Other Revenue $1,073,262
TOTAL REVENUE $20,997,014
   
EXPENSES  
   Program Expenses $11,434,145
   Administrative Expenses $2,101,525
   Fundraising Expenses $789,361
TOTAL FUNCTIONAL EXPENSES $14,325,031
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,671,983
   
Net Assets $113,173,811

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Educational Programs and Exhibits $8,001,245 70.0%
Workshops $1,366,858 12.0%
Membership $269,875 2.4%
Educational Merchandise $54,963 0.5%

Ratings History
Discovery Place has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 06/01/2019 90.80 four stars
2017-06 07/01/2018 91.91 four stars
2016-06 09/01/2017 94.07 four stars
2015-06 07/01/2016 91.45 four stars
2014-06 06/01/2016 91.74 four stars
 
CN 2.0
2014-06 09/01/2015 86.68 three stars
2013-06 07/01/2014 88.59 three stars
2012-06 04/01/2013 91.00 four stars
2011-06 05/01/2012 91.55 four stars
2010-06 09/20/2011 89.43 three stars
 
CN 1.0
2009-06 11/24/2010 91.62 four stars
2008-06 10/01/2009 92.95 four stars
2007-06 08/01/2008 79.25 two stars
2006-06 04/01/2007 73.22 two stars
2005-06 04/01/2006 66.24 one star
2004-06 04/01/2005 66.96 one star
2003-06 05/01/2004 72.71 two stars
2002-06 08/01/2003 68.16 one star
2001-06 02/05/2003 77.47 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-0529944
Name in IRS Master File DISCOVERY PLACE INC
NTEE Code A57
NTEE Classification Science and Technology Museums
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(60) Museum, zoo, planetarium, etc.
(602) Gifts, grants, or loans to other organizations
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date January, 1950
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$316,351 2.20% Catherine Wilson Horne President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Discovery Place (NC) 90.80 four stars
The Computer History Museum (CA) 90.36 four stars
Science Central (IN) 88.58 three stars
Living Arts & Science Center (KY) 88.93 three stars
The Bakken Museum (MN) 87.94 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Discovery Place
301 North Tryon Street
Charlotte, NC 28202
tel: (704) 372-6261
EIN: 56-0529944

Visit Web Site

Board Leadership

Martin Foley
Chair

CEO

Catherine Wilson Horne
President & CEO

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