TOLEDO SCIENCE CENTER

EIN: 311337258 501(c)(3) Arts, Culture & Humanities

TOLEDO, OH

Total Revenue
$5,619,446
Total Expenses
$5,212,709
Total Assets
$7,072,594
Net Assets
$5,810,239
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
OH
Principal Officer
LORI HAUSER
Phone
4192442674
Tax Period
2024-07-01 to 2025-06-30

TOLEDO SCIENCE CENTER, founded in 1991, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.6M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $5.2M left a modest 7% surplus.

Mission

EMPOWER EVERYONE TO EXPLORE THE SCIENCES THROUGH INTERACTIVE EXHIBITS AND EDUCATIONAL PROGRAMMING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,647,868
Program Service Revenue $1,598,053
Investment Income $104,598
Other Revenue $268,927
TOTAL REVENUE $5,619,446

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,864,042
Fundraising Expenses $296,768
Program Expenses $4,208,694
Other Expenses $2,348,667
TOTAL EXPENSES $5,212,709

Year-over-Year Comparison

2024 2023 Change
Revenue $5,619,446 $5,916,777 -0.1%
Expenses $5,212,709 $5,241,145 0.0%
Net Income $406,737 $675,632 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
31
Independent Members
31
Employees
115
Volunteers
210

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
5
$162,492
Total Directors
34
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID F WATERMAN CHAIRMAN 5.00
Officer Director
$0 $0 $0
THOMAS WINSTON TREASURER 2.00
Officer Director
$0 $0 $0
DREW NITSCHKE TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL KORALEWSKI TRUSTEE 1.00
Director
$0 $0 $0
BRUCE RUMPF TRUSTEE 1.00
Director
$0 $0 $0
MARIANNE PETERS TRUSTEE 1.00
Director
$0 $0 $0
JASON MUELLER TRUSTEE 1.00
Director
$0 $0 $0
PETER HOLLAND TRUSTEE 1.00
Director
$0 $0 $0
DOUG MILLER TRUSTEE 1.00
Director
$0 $0 $0
AMANDA BRYANT-FRIEDRICH PHD TRUSTEE 1.00
Director
$0 $0 $0
RICHARD LAVALLEY JR TRUSTEE 1.00
Director
$0 $0 $0
SETH METZGER TRUSTEE 1.00
Director
$0 $0 $0
DEB BROBST TRUSTEE 1.00
Director
$0 $0 $0
ROMULES DURANT PHD TRUSTEE 1.00
Director
$0 $0 $0
PETER DEMCZUK TRUSTEE 1.00
Director
$0 $0 $0
RON UNNERSTALL TRUSTEE 1.00
Director
$0 $0 $0
KEITH BURWELL TRUSTEE 1.00
Director
$0 $0 $0
CHARLENE CZERNIAK PHD TRUSTEE 1.00
Director
$0 $0 $0
CAROL ANDERSON TRUSTEE 1.00
Director
$0 $0 $0
DAN DOWER TRUSTEE 1.00
Director
$0 $0 $0
MARK RIDENOUR TRUSTEE 1.00
Director
$0 $0 $0
MIKE GUDGEON TRUSTEE 1.00
Director
$0 $0 $0
CARLA NOWAK TRUSTEE 1.00
Director
$0 $0 $0
LAURA MEGEATH PHD TRUSTEE 1.00
Director
$0 $0 $0
MIKE BEAZLEY TRUSTEE 1.00
Director
$0 $0 $0
DANIEL L FRICK TRUSTEE 1.00
Director
$0 $0 $0
BRUCE BAUMHOWER TRUSTEE 1.00
Director
$0 $0 $0
ROBERT SAVAGE VICE-CHAIRMAN 2.00
Officer Director
$0 $0 $0
JAMES HOFFMAN VICE-CHAIRMAN 2.00
Officer Director
$0 $0 $0
NGALULA MUBENGA TRUSTEE 1.00
Director
$0 $0 $0
BRYAN MINGES TRUSTEE 1.00
Director
$0 $0 $0
RONALD RYBARCZYK TRUSTEE THROUGH 6/18/25 1.00
Director
$0 $0 $0
STEVEN DURHAM TRUSTEE THROUGH 6/18/25 1.00
Director
$0 $0 $0
STUART JAMES TRUSTEE THROUGH 6/18/25 1.00
Director
$0 $0 $0
LORI HAUSER CEO 40.00
Officer
$154,816 $7,676 $162,492
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 $5,619,446 $5,212,709 $7,072,594 $406,737
2024 No data No data No data No data
2023 $4,664,369 $5,011,130 $7,566,759 $-346,761
2022 $5,089,369 $4,491,716 $7,924,156 $597,653
2021 $3,394,078 $3,113,627 $7,278,003 $280,451
2020 $4,169,037 $3,713,835 $5,601,246 $455,202
2019 $4,673,277 $5,043,849 $5,491,817 $-370,572
2018 $3,711,608 $3,804,406 $4,657,273 $-92,798
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