Bridgeport, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE DISCOVERY MUSEUM INC, founded in 1958, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $2.6M exceeded revenue, resulting in a 39% operating deficit.
The Discovery Museum strives to engage, excite, and educate young learners through experiences and programs that inspire wonder and ignite creativity as the foundation for a lifetime love of science, technology, engineering, and mathematics (STEM) learning.The Museums core audience is young learners ages 5-14 who connect to us with their teachers and classmates during the school day or by themselves or with their families, mentors, or social groups after school, on weekends, during school vacations or in the summer. We provide a hardy portfolio of STEM learning experiences including; unmediated gallery-based exploration of STEM focused temporary and permanent exhibits; over 80 unique onsite and offsite mediated demonstrations and learning labs; a Challenger Learning Center space exploration simulation; Planetarium shows; unique grant-funded school-museum science learning partnerships; and an engaging 7-week summer STEM learning program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,848,902 | $1,992,079 | -0.1% |
| Expenses | $2,571,715 | $2,528,452 | +0.0% |
| Net Income | $-722,813 | $-536,373 | +0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Erika Eng | Executive Dir. | 40.00 |
Officer
|
$120,000 | $5,444 | $125,444 |
| Vance Hanckck Esq | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael P Alfano | Co-Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Servino | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ani Chaghatzbanian | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Melinda Formica | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Peter Ward | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Todd Michalka | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Panza | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Zieff CPA | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jaime Moss | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Jani Pallis PhD | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,848,902 | $2,571,715 | $5,616,644 | $-722,813 |
| 2024 | $1,992,079 | $2,528,452 | $6,197,784 | $-536,373 |
| 2023 | $2,158,543 | $2,139,517 | $6,652,240 | $19,026 |
| 2022 | $2,968,103 | $1,739,708 | $6,689,030 | $1,228,395 |
| 2021 | $1,104,623 | $1,174,839 | $5,611,992 | $-70,216 |
| 2020 | $1,651,467 | $1,593,545 | $5,252,981 | $57,922 |
| 2019 | $1,726,602 | $1,931,032 | $5,092,044 | $-204,430 |
| 2018 | $1,339,752 | $1,901,442 | $5,081,920 | $-561,690 |
Compare THE DISCOVERY MUSEUM INC with other nonprofits in Connecticut and across the country.