MUSEUM OF DISCOVERY

EIN: 710391707 501(c)(3) Arts, Culture & Humanities

LITTLE ROCK, AR

Total Revenue
$3,320,596
Total Expenses
$3,722,835
Total Assets
$15,580,833
Net Assets
$12,042,751
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
AR
Principal Officer
LISA PADEN
Phone
5013967050
Tax Period
2023-01-01 to 2023-12-31

Museum of Discovery, founded in 1976, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.6M in total revenue in fiscal year 2018. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $3.5M exceeded revenue, resulting in a 33% operating deficit.

Mission

TO IGNITE AND FUEL A PASSION FOR SCIENCE, TECHNOLOGY, ARTS AND MATH THROUGH DYNAMIC INTERACTIVE EXPERIENCES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,378,953
Program Service Revenue $1,724,207
Investment Income $145,677
Other Revenue $71,759
TOTAL REVENUE $3,320,596

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,163,949
Fundraising Expenses $438,475
Program Expenses $2,733,104
Other Expenses $1,558,886
TOTAL EXPENSES $3,722,835

Year-over-Year Comparison

2023 2022 Change
Revenue $3,320,596 $4,977,495 -0.3%
Expenses $3,722,835 $3,299,875 +0.1%
Net Income $-402,239 $1,677,620 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
29
Independent Members
29
Employees
72
Volunteers
586

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
7
$251,468
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WADE RADKE CHAIR 1.00
Officer Director
$0 $0 $0
MELISSA BANDY INCOMING CHAIR 1.00
Officer Director
$0 $0 $0
BOB CHILDRESS TREASURER 1.00
Officer Director
$0 $0 $0
LISA RICHARDSON SECRETARY 1.00
Officer Director
$0 $0 $0
JIM HAZLEWOOD BOARD MEMBER 1.00
Director
$0 $0 $0
NEILL LINEBARIER BOARD MEMBER 1.00
Director
$0 $0 $0
DR BISHAWN MORRIS BOARD MEMBER 1.00
Director
$0 $0 $0
MEGAN EVES BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL CONSIDINE BOARD MEMBER 1.00
Director
$0 $0 $0
ANNICE STEADMAN BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY KOLB BOARD MEMBER 1.00
Director
$0 $0 $0
MARILYN WOESSNER BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER BALLARD BOARD MEMBER 1.00
Director
$0 $0 $0
BRAD MCBRIDE BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG SHACKELFORD BOARD MEMBER 1.00
Director
$0 $0 $0
JORDAN CULVER BOARD MEMBER 1.00
Director
$0 $0 $0
SIDNEY LEASURE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL NAUMAN BOARD MEMBER 1.00
Director
$0 $0 $0
CHAD JAMESON BOARD MEMBER 1.00
Director
$0 $0 $0
SHAMIM OKOLLOH BOARD MEMBER 1.00
Director
$0 $0 $0
GERT CLARK BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BURGESS BOARD MEMBER 1.00
Director
$0 $0 $0
CASSANDRA TUCKER BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF HILDEBRAND BOARD MEMBER 1.00
Director
$0 $0 $0
MARIE KNOX BOARD MEMBER 1.00
Director
$0 $0 $0
NAN SELZ BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID LESIEUR BOARD MEMBER 1.00
Director
$0 $0 $0
TAMI BEAN BOARD MEMBER 1.00
Director
$0 $0 $0
KELLEY BASS CHIEF EXECUTIVE OFFICER 40.00
Officer
$138,600 $10,253 $148,853
JON DOR PAST CHIEF FINANCIAL OFFICER 40.00
Officer
$83,800 $5,353 $89,153
LISA PADEN CHIEF FINANCIAL OFFICER 40.00
Officer
$13,462 $0 $13,462
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 $3,320,596 $3,722,835 $15,580,833 $-402,239
2022 $4,977,495 $3,299,875 $15,862,797 $1,677,620
2021 $7,522,016 $3,186,401 $11,251,257 $4,335,615
2020 $2,170,141 $2,944,734 $6,595,819 $-774,593
2019 $2,875,972 $3,388,428 $7,522,941 $-512,456
2018 $2,645,739 $3,521,542 $7,782,048 $-875,803
Explore More Nonprofits
→Top 100 Nonprofits in Arkansas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MUSEUM OF DISCOVERY with other nonprofits in Arkansas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.