CREATIVE DISCOVERY MUSEUM (EIN 621509462) - Form 990 Financial Analysis & Trantor Score

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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

1992

Legal Domicile

Principal Officer

GORDON A STALANS

Phone

4237852054

Tax Period

2023-01-01 to 2023-12-31

CREATIVE DISCOVERY MUSEUM, founded in 1992, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.3M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $5.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE CREATIVE DISCOVERY MUSEUMS MISSION IS TO INSPIRE ALL CHILDREN TO EXPLORE, INNOVATE, CREATE AND PLAY

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,957,084

Program Service Revenue $3,167,278

Investment Income $10,308

Other Revenue $154,363

TOTAL REVENUE $5,289,033

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,758,524

Fundraising Expenses $147,697

Program Expenses $4,392,534

Other Expenses $3,129,010

TOTAL EXPENSES $5,887,534

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,289,033	$6,266,199	-0.2%
Expenses	$5,887,534	$4,441,400	+0.3%
Net Income	$-598,501	$1,824,799	-1.3%

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

Governance

Voting Members

Independent Members

Employees

114

Volunteers

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

$182,945

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HENRY SCHULSON	FORMER CEO	040.00	Officer	$153,407	$7,879	$161,286
TIM SEARS	CEO	040.00	Officer	$20,909	$750	$21,659
TAYLOR VINSON	BOARD CHAIR	008.00	Officer Director	$0	$0	$0
CHRISTIE BURBANK	SECRETARY	004.00	Officer Director	$0	$0	$0
TREY WHITE	TREASURER	004.00	Officer Director	$0	$0	$0
THOMAS BARNES	TRUSTEE	002.00	Director	$0	$0	$0
WAYNE BROWN	TRUSTEE	002.00	Director	$0	$0	$0
BETSY CAKE	TRUSTEE	002.00	Director	$0	$0	$0
MICKEY CLOUD	TRUSTEE	002.00	Director	$0	$0	$0
LISA CONNOR	TRUSTEE	002.00	Officer Director	$0	$0	$0
MARIO DUARTE	TRUSTEE	002.00	Director	$0	$0	$0
JAY HILL	TRUSTEE	002.00	Director	$0	$0	$0
BAILEY HOWARD	TRUSTEE	002.00	Director	$0	$0	$0
PATRICK KEEGAN	TRUSTEE	002.00	Director	$0	$0	$0
CHRIS RENEAU	TRUSTEE	002.00	Director	$0	$0	$0
JACK SILBERMAN	TRUSTEE	002.00	Director	$0	$0	$0
PATRICK STOWE	TRUSTEE	002.00	Director	$0	$0	$0
CAITLIN STUDER	TRUSTEE	002.00	Director	$0	$0	$0
DORI WALLER	TRUSTEE	002.00	Director	$0	$0	$0
MICHAEL WALTON	TRUSTEE	002.00	Director	$0	$0	$0
KRISTIN WATTS	TRUSTEE	002.00	Director	$0	$0	$0

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	No data	No data	No data	No data
2023	$5,289,033	$5,887,534	$25,077,546	$-598,501
2022	$6,266,199	$4,441,400	$25,252,992	$1,824,799
2021	$5,712,908	$3,477,227	$21,187,184	$2,235,681
2020	$5,019,548	$3,555,864	$18,457,640	$1,463,684
2019	$7,436,994	$4,387,871	$15,889,084	$3,049,123

CREATIVE DISCOVERY MUSEUM