DISCOVERY CENTER OF THE SO TIER INC

EIN: 222612065 501(c)(3) Arts, Culture & Humanities

BINGHAMTON, NY

Total Revenue
$1,936,188
Total Expenses
$1,469,017
Total Assets
$2,251,313
Net Assets
$2,036,905
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
NY
Principal Officer
BRENDA W MYERS
Phone
6077738661
Tax Period
2023-06-01 to 2024-05-31

DISCOVERY CENTER OF THE SO TIER INC, founded in 1985, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $467K, a strong 24% operating margin.

Mission

THE DISCOVERY CENTER OF THE SOUTHERN TIER IS COMMITTED TO CREATING AN ENVIRONMENT THAT FOSTERS THE INTELLECTUAL, PHYSICAL, AND EMOTIONAL WELL-BEING OF CHILDREN THROUGH EDUCATION, PARTICIPATORY EXHIBITS AND PROGRAMS.

Program Service Accomplishments

Program 1
Expenses: $1,173,239 Revenue: $1,031,265

THE DISCOVERY CENTER IS A HANDS-ON INTERACTIVE CHILDREN'S MUSEUM SERVING THE SOUTHERN TIER OF NEW YORK AND NORTHEASTERN PENNSYLVANIA. THE CENTER ALSO RUNS EVENTS AND PROVIDES CHILDCARE. THE CENTER IS...

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THE DISCOVERY CENTER IS A HANDS-ON INTERACTIVE CHILDREN'S MUSEUM SERVING THE SOUTHERN TIER OF NEW YORK AND NORTHEASTERN PENNSYLVANIA. THE CENTER ALSO RUNS EVENTS AND PROVIDES CHILDCARE. THE CENTER IS GIVEN THE USE OF THE PREMISES OWNED BY THE CITY OF BINGHAMTON.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $821,592
Program Service Revenue $987,045
Investment Income $8,364
Other Revenue $119,187
TOTAL REVENUE $1,936,188

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,029,248
Fundraising Expenses $85,861
Program Expenses $1,173,239
Other Expenses $439,769
TOTAL EXPENSES $1,469,017

Year-over-Year Comparison

2023 2022 Change
Revenue $1,936,188 $1,286,406 +0.5%
Expenses $1,469,017 $1,261,706 +0.2%
Net Income $467,171 $24,700 +17.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
62
Volunteers
240

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$68,958
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAYLA VELIE PRESIDENT 2.00
Officer Director
$0 $0 $0
ERIK JONES PRESIDENT (THRU AUGUST) 2.00
Officer Director
$0 $0 $0
ZACH STAFF TREASURER / PRESIDENT (THRU AUGUST) 2.00
Officer Director
$0 $0 $0
MARCI GOODWIN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRIAN DEBOYACE TREASURER 2.00
Officer Director
$0 $0 $0
STEPHANIE YEZZI SECRETARY 2.00
Officer Director
$0 $0 $0
ALYSSA ENFIELD DIRECTOR 2.00
Director
$0 $0 $0
KELLY HUDOCK SECRETARY / DIRECTOR 2.00
Officer Director
$0 $0 $0
MARINA RESCINITI DIRECTOR (THRU MARCH) 2.00
Director
$0 $0 $0
ELIZABETH O'CONNOR DIRECTOR 2.00
Director
$0 $0 $0
GRACE DOHERTY DIRECTOR 2.00
Director
$0 $0 $0
TIMOTHY KLYM DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINA FISHER DIRECTOR 2.00
Director
$0 $0 $0
OLIVIA DENNISON DIRECTOR 2.00
Director
$0 $0 $0
BEN LOUGHRIDGE DIRECTOR 2.00
Director
$0 $0 $0
MAUREEN HANKIN DIRECTOR (BEGAN SEPTEMBER) 2.00
Director
$0 $0 $0
ALEXIS HARRINGSHAW DIRECTOR (BEGAN FEBRUARY) 2.00
Director
$0 $0 $0
BLAKE COLLAZO DIRECTOR (BEGAN FEBRUARY) 2.00
Director
$0 $0 $0
BRENDA W MYERS EXECUTIVE DIRECTOR 40.00
Officer
$68,958 $0 $68,958
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,936,188 $1,469,017 $2,251,313 $467,171
2023 $1,286,406 $1,261,706 $1,775,843 $24,700
2022 $1,101,982 $1,033,002 $1,791,660 $68,980
2021 $882,330 $810,633 $1,759,648 $71,697
2020 $851,250 $913,188 $1,625,124 $-61,938
2019 $985,958 $1,029,727 $1,594,018 $-43,769
2018 $848,045 $945,848 $1,406,432 $-97,803
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