MUSEUM OF SCIENCE & INDUSTRY INC

EIN: 592657399 501(c)(3) Arts, Culture & Humanities

TAMPA, FL

Total Revenue
$5,613,855
Total Expenses
$4,625,060
Total Assets
$6,212,679
Net Assets
$5,211,618
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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
FL
Principal Officer
JOHN GRAYDON SMITH
Phone
8139876300
Tax Period
2024-10-01 to 2025-09-30

MUSEUM OF SCIENCE & INDUSTRY INC, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.6M in total revenue in fiscal year 2024. The organization ran a surplus of $989K, a strong 18% operating margin.

Mission

SERVE THE PUBLIC AS A COMMUNITY-BASED INSTITUTION AND EDUCATIONAL RESOURCE THAT IS DEDICATED TO ADVANCING PUBLIC INTEREST, KNOWLEDGE AND UNDERSTANDING OF SCIENCE, INDUSTRY AND TECHNOLOGY.

Program Service Accomplishments

Program 1
Expenses: $1,459,455 Revenue: $1,357,439

IN FY2025, THE MUSEUM OF SCIENCE AND INDUSTRY (MOSI) CONTINUED ADVANCING ITS MISSION TO MAKE SCIENCE REAL FOR PEOPLE OF ALL AGES AND BACKGROUNDS BY PROVIDING EQUITABLE ACCESS TO HIGH-QUALITY STEAM...

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IN FY2025, THE MUSEUM OF SCIENCE AND INDUSTRY (MOSI) CONTINUED ADVANCING ITS MISSION TO MAKE SCIENCE REAL FOR PEOPLE OF ALL AGES AND BACKGROUNDS BY PROVIDING EQUITABLE ACCESS TO HIGH-QUALITY STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATHEMATICS) EDUCATION THROUGHOUT THE TAMPA BAY REGION. MOSI SERVED OVER 175,000 VISITORS THROUGH EXHIBITS, EDUCATIONAL PROGRAMS, OUTREACH INITIATIVES, AND COMMUNITY EVENTS THAT FOSTERED CURIOSITY, CREATIVITY, AND LIFELONG LEARNING. (SEE SCHEDULE O FOR CONTINUATION)THROUGH COLLABORATIONS WITH THE FLORIDA DEPARTMENT OF STATE, HILLSBOROUGH COUNTY PUBLIC SCHOOLS, THE LEGO FOUNDATION, THE AMGEN FOUNDATION, MOSAIC, PWC-PRICE WATERHOUSE COOPERS, CHILDREN'S BOARD, AND THE BLOOMBERG FOUNDATION, MOSI STRENGTHENED THE REGIONAL STEM ECOSYSTEM AND EXPANDED OPPORTUNITIES FOR STUDENTS, FAMILIES, AND EDUCATORS TO ENGAGE IN HANDS-ON LEARNING EXPERIENCES BEYOND THE CLASSROOM. MORE THAN 82,000 STUDENTS PARTICIPATED IN MOSI FIELD TRIPS, HOMESCHOOL PROGRAMS, AND SCOUTING SESSIONS. THE MUSEUM'S MOSI IN MOTION OUTREACH PROGRAM REACHED AN ADDITIONAL 21,000 STUDENTS THROUGH SCHOOL-BASED WORKSHOPS ALIGNED WITH FLORIDA'S EDUCATIONAL STANDARDS.DURING THE YEAR, MOSI HOSTED SEASONAL SCIENCE CAMPS DURING FALL, WINTER, SPRING, AND SUMMER BREAKS, ENGAGING APPROXIMATELY 2,500 CAMPERS IN ACTIVITIES RELATED TO ROBOTICS, BIOLOGY, CHEMISTRY, AND PHYSICS. SCHOLARSHIPS ENSURED THAT UNDERREPRESENTED AND ECONOMICALLY DISADVANTAGED STUDENTS COULD PARTICIPATE FULLY IN THESE LEARNING EXPERIENCES. MOSI ALSO PROVIDED PROFESSIONAL DEVELOPMENT FOR MORE THAN 250 EDUCATORS THROUGH WORKSHOPS FOCUSED ON CODING, ROBOTICS, AND SPACE SCIENCE. THROUGH THE EDUCATORS CIRCLE PROGRAM, TEACHERS CONTINUED TO RECEIVE COMPLIMENTARY ADMISSION AND DISCOUNTED ACCESS TO MUSEUM PROGRAMS, SUPPORTING THEIR ABILITY TO INTEGRATE INNOVATIVE STEAM APPROACHES IN THEIR CLASSROOMS.

Program 2
Expenses: $2,254,650 Revenue: $1,477,728

IN FY2025, MOSI CONTINUED TO OFFER DIVERSE STEAM EXHIBITS, INCLUDING MISSION MOONBASE, SAUNDERS PLANETARIUM, AND INTERACTIVE SPORTS SCIENCE EXHIBITS LIKE SLIPPERY SCIENCE, A COLLABORATION WITH THE...

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IN FY2025, MOSI CONTINUED TO OFFER DIVERSE STEAM EXHIBITS, INCLUDING MISSION MOONBASE, SAUNDERS PLANETARIUM, AND INTERACTIVE SPORTS SCIENCE EXHIBITS LIKE SLIPPERY SCIENCE, A COLLABORATION WITH THE TAMPA BAY LIGHTNING. MOSI FOCUSED ON REFURBISHING EXHIBITS AND CREATING AND ADDING NEW PERMANENT EXHIBITS SUCH AS DINO-DIG, HISTORY OF FLIGHT AVIATION MAZE, AND DRONE ZONE. (SEE SCHEDULE O FOR CONTINUATION)THIS MAJOR ENHANCEMENT, MADE POSSIBLE THROUGH COMMUNITY AND FOUNDATION SUPPORT, POSITIONED MOSI AS HOME TO ONE OF THE LARGEST AND MOST ADVANCED DIGITAL DOMES IN THE UNITED STATES. THE NEW THEATRE OPENED TO THE PUBLIC ON APRIL 1, 2025, WITH A RIBBON-CUTTING CEREMONY ATTENDED BY RETIRED NASA ASTRONAUT NICOLE STOTT AND THE FIRST HILLSBOROUGH COUNTY STUDENT FIELD TRIP TO EXPERIENCE THE DOME'S LIVE ASTRONOMY PROGRAMMING. THE 8K DIGITAL DOME THEATRE NOW OFFERS DAILY PLANETARIUM SHOWS, IMMERSIVE FULL-DOME FILMS, AND LASER LIGHT EXPERIENCES, INCREASING BOTH MOSI'S EDUCATIONAL CAPACITY AND EARNED-REVENUE POTENTIAL THROUGH NEW TICKETED EVENING PROGRAMS.THROUGHOUT THE FISCAL YEAR, MOSI ALSO PRESENTED SEVERAL MAJOR TRAVELING AND SPECIAL EXHIBITIONS. IN JANUARY 2025, THE MUSEUM OPENED DINOSAUR DISCOVERIES, WHICH EXPLORED PALEONTOLOGY AND BIOMECHANICS TO REVEAL HOW DINOSAURS MOVED AND LIVED, ALONG WITH THE NIKON SMALL WORLD PHOTOMICROGRAPHY EXHIBIT, WHICH CELEBRATED THE BEAUTY OF SCIENCE THROUGH AWARD-WINNING MICROSCOPIC PHOTOGRAPHY. DUE TO HIGH VISITOR DEMAND, THE POPULAR GROSSOLOGY: THE (IMPOLITE) SCIENCE OF THE HUMAN BODY EXHIBITION WAS EXTENDED THROUGH THE END OF APRIL 2025. IN MARCH 2025, MOSI LAUNCHED THE SPACE FOR ART EXHIBIT, CREATED IN PARTNERSHIP WITH ASTRONAUT NICOLE STOTT AND NASA'S SPACE FOR ART FOUNDATION, HIGHLIGHTING THE INTERSECTION OF ART, HEALING, AND SPACE EXPLORATION. IN MAY 2025, MOSI PREMIERED GIANTS, DRAGONS & UNICORNS: THE WORLD OF MYTHIC CREATURES, ORGANIZED BY THE AMERICAN MUSEUM OF NATURAL HISTORY, WHICH EXPLORED THE SCIENTIFIC AND CULTURAL ORIGINS OF LEGENDARY BEINGS. LATER IN THE YEAR, THE MUSEUM INTRODUCED ARTIFICIAL INTELLIGENCE: YOUR MIND AND THE MACHINE, AN INTERACTIVE EXPERIENCE THAT INVITED GUESTS TO EXPLORE HOW AI IS SHAPING MODERN LIFE AND THE FUTURE OF INNOVATION.IN ADDITION TO THESE TRAVELING AND TEMPORARY EXHIBITIONS, MOSI MAINTAINED AND REFRESHED SEVERAL KEY PERMANENT INSTALLATIONS, INCLUDING MISSION MOONBASE, IDEA ZONE MAKERSPACE, DRONE ZONE FLIGHT SCHOOL, DINO-DIG, AND THE ART FACTORY. EACH OF THESE SPACES CONTINUED TO PROVIDE VISITORS WITH HANDS-ON OPPORTUNITIES TO EXPLORE SCIENCE AND TECHNOLOGY THROUGH CREATIVITY, DESIGN, AND EXPERIMENTATION.

Program 3

DURING FY2025, MOSI DEEPENED ITS COMMITMENT TO COMMUNITY ENGAGEMENT THROUGH INCLUSIVE PROGRAMMING, EDUCATIONAL PARTNERSHIPS, AND EVENTS THAT INSPIRED CURIOSITY AND CELEBRATED SCIENCE AS A SHARED...

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DURING FY2025, MOSI DEEPENED ITS COMMITMENT TO COMMUNITY ENGAGEMENT THROUGH INCLUSIVE PROGRAMMING, EDUCATIONAL PARTNERSHIPS, AND EVENTS THAT INSPIRED CURIOSITY AND CELEBRATED SCIENCE AS A SHARED EXPERIENCE. THE MUSEUM HOSTED SENSORY SATURDAYS IN NOVEMBER 2024, FEBRUARY 2025, MAY 2025, AND SEPTEMBER 2025, PROVIDING SENSORY-FRIENDLY EXPERIENCES FOR CHILDREN AND FAMILIES WITH AUTISM AND OTHER SENSORY SENSITIVITIES. THESE EVENTS FEATURED ADJUSTED LIGHTING, REDUCED SOUND, AND TRAINED STAFF TO ENSURE A WELCOMING, ACCESSIBLE, AND SUPPORTIVE ENVIRONMENT FOR ALL GUESTS.(SEE SCHEDULE O FOR CONTINUATION)IN NOVEMBER 2024, MOSI PARTNERED WITH HILLSBOROUGH COUNTY PUBLIC SCHOOLS TO HOST THE ANNUAL SCIENCE OLYMPICS, A DISTRICTWIDE COMPETITION WHERE STUDENTS APPLIED THEIR KNOWLEDGE OF SCIENTIFIC INQUIRY, PROBLEM-SOLVING, AND ENGINEERING DESIGN. IN FEBRUARY 2025, MOSI PARTICIPATED IN THE HCPS STEM FAIR, OFFERING COMPLIMENTARY MUSEUM ADMISSION TO ALL STUDENT PARTICIPANTS AS A CELEBRATION OF THEIR SCIENTIFIC ACCOMPLISHMENTS. THE COLLABORATION BETWEEN MOSI AND HCPS CONTINUED IN MARCH 2025 WITH THE HOSTING OF A LARGE-SCALE FAMILY NIGHT AT THE MUSEUM, WHICH PROVIDED FAMILIES FREE ACCESS TO EXHIBITS AND INTERACTIVE STEM EXPERIENCES THAT CONNECTED CLASSROOM LEARNING TO REAL-WORLD APPLICATIONS.THE GIRLS STEAM MENTORING CAFE, ONE OF MOSI'S FLAGSHIP COMMUNITY PROGRAMS, CONTINUED TO THRIVE THROUGHOUT FY2025, HOLDING MONTHLY SESSIONS IN OCTOBER AND NOVEMBER 2024, AND JANUARY THROUGH MAY 2025. THE PROGRAM CONNECTED MORE THAN 400 TITLE I GIRLS WITH PROFESSIONAL WOMEN MENTORS WORKING IN SCIENCE, TECHNOLOGY, ENGINEERING, ART, AND MATHEMATICS FIELDS. THROUGH DIALOGUE, HANDS-ON PROJECTS, AND COLLABORATIVE DESIGN CHALLENGES, PARTICIPANTS BUILT LEADERSHIP SKILLS, DEEPENED THEIR CONFIDENCE, AND EXPLORED FUTURE CAREER PATHWAYS IN STEAM DISCIPLINES.MOSI ALSO CONTINUED ITS COMMUNITY OUTREACH THROUGH HALLMARK EVENTS SUCH AS TAMPA BAY WATER DAYS, WHICH EMPHASIZED SUSTAINABILITY AND ENVIRONMENTAL SCIENCE, AND THE DAY OF DISCOVERY SERIES, DESIGNED TO PROVIDE SPECIAL-NEEDS CHILDREN AND THEIR FAMILIES WITH SAFE AND ENGAGING EDUCATIONAL EXPERIENCES. TOGETHER, THESE INITIATIVES REFLECTED MOSI'S ONGOING DEDICATION TO ACCESSIBILITY, INCLUSION, AND COMMUNITY IMPACT.THROUGH ITS EXHIBITIONS, OUTREACH, AND EDUCATIONAL PARTNERSHIPS, MOSI REMAINS A VITAL COMMUNITY ANCHOR FOR SCIENCE EDUCATION AND INSPIRATION, STRENGTHENING PUBLIC ENGAGEMENT IN STEAM LEARNING WHILE EMPOWERING FUTURE GENERATIONS OF EXPLORERS, INNOVATORS, AND PROBLEM SOLVERS.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,584,020
Program Service Revenue $2,835,167
Investment Income $44,737
Other Revenue $149,931
TOTAL REVENUE $5,613,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,924,019
Fundraising Expenses $204,224
Program Expenses $3,714,105
Other Expenses $1,701,041
TOTAL EXPENSES $4,625,060

Year-over-Year Comparison

2024 2023 Change
Revenue $5,613,855 $5,902,251 0.0%
Expenses $4,625,060 $4,022,031 +0.1%
Net Income $988,795 $1,880,220 -0.5%
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
14
Independent Members
14
Employees
123
Volunteers
28

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
$315,401
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOLLY MARKHAM CHAIR 5.00
Officer Director
$0 $0 $0
KERRI LO HINES VICE CHAIR 2.00
Officer Director
$0 $0 $0
LORI NISSEN TREASURER 2.00
Officer Director
$0 $0 $0
KEMAL KVAKIC SECRETARY 2.00
Officer Director
$0 $0 $0
BRET M FELDMAN IMMEDIATE PAST CHAIR 1.00
Director
$0 $0 $0
VIK BHIDE DIRECTOR 1.00
Director
$0 $0 $0
COLLEEN FAUCETT DIRECTOR 1.00
Director
$0 $0 $0
GINA DEW DIRECTOR 1.00
Director
$0 $0 $0
PETER STILING DIRECTOR 1.00
Director
$0 $0 $0
BRIAN KORNFELD DIRECTOR 1.00
Director
$0 $0 $0
SHADEL HAMILTON DIRECTOR 1.00
Director
$0 $0 $0
CHRIS BOLES DIRECTOR 1.00
Director
$0 $0 $0
ADAN JACKSON DIRECTOR 1.00
Director
$0 $0 $0
GREGG WERNER DIRECTOR 1.00
Director
$0 $0 $0
JOHN GRAYDON SMITH PRESIDENT/CEO 40.00
Officer
$277,638 $37,763 $315,401
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 $5,613,855 $4,625,060 $6,212,679 $988,795
2024 $5,902,251 $4,022,031 $4,811,029 $1,880,220
2023 $4,439,002 $3,604,698 $2,752,153 $834,304
2022 $4,211,265 $4,012,927 $1,944,326 $198,338
2021 $2,773,775 $3,774,967 $2,652,725 $-1,001,192
2020 $2,029,640 $3,699,238 $2,632,912 $-1,669,598
2019 $3,307,306 $3,858,483 $3,945,135 $-551,177
2018 $3,914,645 $4,005,328 $4,631,607 $-90,683
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