MCWANE SCIENCE CENTER

EIN: 581933712 501(c)(3) Arts, Culture & Humanities

BIRMINGHAM, AL

Total Revenue
$7,596,452
Total Expenses
$9,387,778
Total Assets
$12,434,679
Net Assets
$11,759,997
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
AL
Principal Officer
BRANDAN LANMAN
Phone
2057148300
Tax Period
2024-01-01 to 2024-12-31

MCWANE SCIENCE CENTER, founded in 1990, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.6M in total revenue in fiscal year 2024. Expenses of $9.4M exceeded revenue, resulting in a 24% operating deficit.

Mission

TO SPARK WONDER AND CURIOSITY IN THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $4,502,192 Revenue: $857,173

MCWANE SCIENCE CENTER CAMPS, CLASSES, AND OVERNIGHT CAMP-IN ADVENTURES MAKE LEARNING AN UNFORGETTABLE ADVENTURE THAT YOU JUST CAN'T EXPERIENCE ANYWHERE ELSE. OUR PROGRAMS SUPPORT YOUR CURRICULUM AND...

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MCWANE SCIENCE CENTER CAMPS, CLASSES, AND OVERNIGHT CAMP-IN ADVENTURES MAKE LEARNING AN UNFORGETTABLE ADVENTURE THAT YOU JUST CAN'T EXPERIENCE ANYWHERE ELSE. OUR PROGRAMS SUPPORT YOUR CURRICULUM AND MEET THE ALABAMA COURSE OF STUDY STANDARDS (ACOSS) AND NATIONAL SCIENCE EDUCATION STANDARDS (NSES). MCWANE SCIENCE CENTER MAKES SCIENCE EXCITING AND INSPIRES EXPLORATION IN EACH OF THE YOUNG MINDS THAT ENTER OUR DOORS. AT MCWANE THE BUDDING SCIENTIST CAN DISCOVER A DINOSAUR, TRAVEL INTO OUTER SPACE, OR EXPLORE THE OCEAN FLOOR. VARIOUS THEMES AND ACTIVITIES ALLOW CHILDREN TO EXPERIENCE SOMETHING NEW EACH DAY.

Program 2
Expenses: $2,519,147 Revenue: $1,623,704

EXHIBITS MCWANE SCIENCE CENTER FEATURES FOUR FLOORS OF INTERACTIVE EXHIBITS. ALL EXHIBITS CELEBRATE SCIENCE AND WONDER - FROM AN AMAZING COLLECTION OF DINOSAURS TO INNOVATIVE ENVIRONMENTAL SHOWCASES...

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EXHIBITS MCWANE SCIENCE CENTER FEATURES FOUR FLOORS OF INTERACTIVE EXHIBITS. ALL EXHIBITS CELEBRATE SCIENCE AND WONDER - FROM AN AMAZING COLLECTION OF DINOSAURS TO INNOVATIVE ENVIRONMENTAL SHOWCASES, IMAGINATIVE EARLY CHILDHOOD PLAYGROUNDS, AND AN AWE-INSPIRING AQUARIUM

Program 3
Expenses: $1,219,705 Revenue: $966,035

MCWANE SCIENCE CENTER'S IMAX DOME THEATER PUTS YOU IN THE CENTER OF THE ACTION BY PROJECTING BREATHTAKING QUALITY IMAGES ONTO THE 5-STORY-TALL DOME SCREEN AND DELIVERING INTENSE SURROUND SOUND...

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MCWANE SCIENCE CENTER'S IMAX DOME THEATER PUTS YOU IN THE CENTER OF THE ACTION BY PROJECTING BREATHTAKING QUALITY IMAGES ONTO THE 5-STORY-TALL DOME SCREEN AND DELIVERING INTENSE SURROUND SOUND THROUGH ALMOST 3 TONS OF SPEAKERS AND SUBWOOFERS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,005,262
Program Service Revenue $2,588,824
Investment Income $144,278
Other Revenue $858,088
TOTAL REVENUE $7,596,452

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,218,231
Fundraising Expenses $148,972
Program Expenses $8,256,610
Other Expenses $5,169,547
TOTAL EXPENSES $9,387,778

Year-over-Year Comparison

2024 2023 Change
Revenue $7,596,452 $7,501,450 +0.0%
Expenses $9,387,778 $9,473,522 0.0%
Net Income $-1,791,326 $-1,972,072 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
26
Independent Members
26
Employees
153
Volunteers
26

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
$306,521
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN OWENS CHAIRMAN 1.00
Officer Director
$0 $0 $0
ZAC RIDDLE TREASURER 1.00
Officer Director
$0 $0 $0
PRONCE ACKER TRUSTEE 1.00
Officer Director
$0 $0 $0
KATIE BEE MARSHALL SECRETARY 1.00
Officer Director
$0 $0 $0
GALVIN BILLUPS TRUSTEE 1.00
Officer Director
$0 $0 $0
HARRISON BISHOP VICE CHAIRMAN 1.00
Director
$0 $0 $0
DR HENNA BUDHWANI TRUSTEE 1.00
Director
$0 $0 $0
MILTON DAVIS TRUSTEE 1.00
Director
$0 $0 $0
JOHN HARBERT TRUSTEE 1.00
Director
$0 $0 $0
AMANDA LOPER TRUSTEE 1.00
Director
$0 $0 $0
KATE MATHER MARKETING CHAIR 1.00
Officer Director
$0 $0 $0
CAROLYN RATLIFF TRUSTEE 1.00
Director
$0 $0 $0
MAGGIE BOLIN TRUSTEE 1.00
Director
$0 $0 $0
ARTHUR FISHER JR TRUSTEE 1.00
Director
$0 $0 $0
DAVID KILLION TRUSTEE 1.00
Director
$0 $0 $0
DR FARAH LUBIN TRUSTEE 1.00
Director
$0 $0 $0
DR ADRIENNE STARKS TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM BROOKE ENDOWMENT BOARD PRESIDENT 1.00
Director
$0 $0 $0
BARBARA MARTIN TRUSTEE 1.00
Director
$0 $0 $0
DR LEE MEADOWS TRUSTEE 1.00
Director
$0 $0 $0
JEANNE MONK TRUSTEE 1.00
Director
$0 $0 $0
MATT PIERCE TRUSTEE 1.00
Director
$0 $0 $0
DAVID GERMANY TRUSTEE 1.00
Director
$0 $0 $0
WHITNEY WRIGHT TRUSTEE 1.00
Director
$0 $0 $0
FINIS ST JOHN TRUSTEE 1.00
Director
$0 $0 $0
ROBBY HAYES TRUSTEE 1.00
Director
$0 $0 $0
AMY TEMPLETON CEO 40.00
Officer
$0 $16,804 $190,145
SUSAN TIPTON VP FINANCE & ADMINISTRATIO 40.00
Officer
$0 $15,878 $116,376
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
2024 $7,596,452 $9,387,778 $12,434,679 $-1,791,326
2023 $7,501,450 $9,473,522 $14,603,002 $-1,972,072
2022 $10,705,723 $8,327,603 $16,497,319 $2,378,120
2021 $4,969,032 $6,863,864 $14,725,036 $-1,894,832
2020 $6,833,357 $7,169,701 $15,638,416 $-336,344
2019 $7,118,798 $7,053,262 $12,247,398 $65,536
2018 $6,516,577 $6,968,207 $11,864,076 $-451,630
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