Adventure Science Center Nashville
DONATE NOW
615-862-5160
Share page
800 Fort Negley Boulevard
Nashville, TN 37203
Organization Details

Fiscal Year

Fiscal Year Start

07/01/2023

Fiscal Year End

06/30/2024

Projected Revenue

$6,916,956.00

Projected Expenses

$5,407,963.00

Organizational Budgets and Other Documents

Adventure Science Center Nashville 2024 Budget 2024
Adventure Science Center Nashville 2023 Budget 2023
Adventure Science Center Nashville 2021 Budget 2021
adventure science center nashville 2020 budget 2020
adventure science center nashville 2019 budget 2019
adventure science center nashville 2018 budget 2018
adventure science center nashville 2017 budget 2017
adventure science center nashville 2016 budget 2016
adventure science center nashville 2015 budget 2015
Adventure Science Center Nashville 2014 budget 2014
adventure science center nashville 2013 budget 2013
adventure science center nashville 2012 budget 2012
adventure science center nashville 2011 budget 2011
adventure science center nashville 2010 budget 2010
adventure science center nashville 2009 budget 2009
adventure science center nashville 2008 budget 2008
adventure science center nashville 2007 budget 2007
adventure science center nashville 2006 budget 2006
adventure science center nashville 2005 budget 2005

IRS Letter of Exemption

Adventure Science Center IRS Letter

Detailed Financials

Revenue and Expenses
Fiscal Year202320222021
Total Revenue $7,180,119.00$10,457,321.00$4,127,792.00
Total Expenses $1,450,135.00$5,174,177.00$4,432,293.00
Revenue Less Expenses $5,729,984.00$5,283,144.00($304,501.00)

Revenue Sources
Fiscal Year202320222021
Foundation and Corporation Contributions $0.00$0.00$0.00
Government - Federal $0.00$0.00$0.00
Government - State $0.00$0.00$0.00
Government - Local $0.00$0.00$0.00
Government - Unspecified $631,221.00$3,220,711.00$313,161.00
Contributions, Gifts, and Grants $1,710,486.00$3,321,352.00$1,905,071.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $4,555,436.00$3,579,219.00$1,830,998.00
Investment Income, Net of Losses $140,950.00$113,261.00$48,061.00
Membership Dues $0.00$0.00$0.00
Special Events $92,893.00$90,330.00$0.00
Revenue In-Kind $9,988.00$10,850.00$0.00
Other $39,145.00$121,598.00$30,501.00

Expense Allocation
Fiscal Year202320222021
Program Expense $4,402,852.00$3,924,735.00$3,225,131.00
Administration Expense $1,022,119.00$843,535.00$787,303.00
Fundraising Expense $305,013.00$405,907.00$419,859.00
Total Revenue/Total Expenses 125%202%93%
Program Expense/Total Expenses 77%76%73%
Fundraising Expense/Contributed Revenue 5%8%9%

Top Funding Sources
Fiscal Year202320222021
Top Funding Source & Dollar Amount Program Revenue
$4,555,436.00
Program Revenue
$3,579,219.00
Contributions, Gifts, Grants
$1,905,071.00
Second Highest Funding Source & Dollar Amount Contributions, Gifts, and Grants
$1,710,486.00
Contributions, Gifts, Grants
$3,321,352.00
Program Revenue
$1,830,998.00
Third Highest Funding Source & Dollar Amount Government Grants
$631,221.00
Government Grants
$3,220,711.00
Government Grants
$313,161.00

Assets and Liabilities
Fiscal Year202320222021
Total Assets $23,554,347.00$22,045,170.00$18,324,636.00
Current Assets $7,011,174.00$6,137,014.00$2,038,241.00
Long-Term Liabilities $584,366.00$737,559.00$691,484.00
Current Liabilities $1,161,083.00$1,157,202.00$2,145,678.00
Total Net Assets $21,798,347.00$20,150,409.00$15,487,474.00

Endowment Info

Do you have an endowment?

Yes

What is the value of the endowment?

$1,622,628.00

What is the spending policy for your endowment?

N/A

Capital Campaign Info

Are you currently in a Capital Campaign?

Yes

Do you anticipate a campaign in the next 5 years?

Yes

What is the campaign goal?

$7,000,000.00

What is the purpose of the capital campaign?

Adventure Science Center has launched a capital campaign to replace BodyQuest, a 20 year old exhibit, with a new gallery that will explore human performance through the lenses of healthcare, sports, and technology - three key industries that have deep roots in Tennessee and drive our economy forward. The gallery will be 9500 square feet of immersive space with 15-20 interactive experiences. All exhibits within the Health, Sports, and Human Performance gallery will reflect K-12 Tennessee science standards and promote interactive hands-on, minds-on engagement in support of classroom learning.

This gallery will seek to answer such questions as: How does the typical person compare to those who perform at extreme levels? How do we repair our bodies, adapt to new challenges, and evolve the capacity to continually push the limits of our physical capabilities? How does modern healthcare play a role in allowing us to achieve peak performance?

The full creation of this $7-million gallery is being planned with assistance from professional sports teams, healthcare companies, and universities. With a useful lifespan of 10 years, the exhibit will impact more than 2.5 million visitors.

Campaign Start

October 2021

Campaign End

July 2024

Campaign Raised to Date Month

December

Campaign Raised to Date Year

2023

Campaign Raised to Date Amount

$3,100,000.00

Solicitation Permit Info

State Charitable Solicitations Permit

Yes

Permit Expiration Month

December

Permit Expiration Year

2024

Form 990s

Adventure Science Center 2023 990 2023
Adventure Science Center 2022 990 2022
Adventure Science Center Nashville 2021 990 2021
Adventure Science Center Nashville 2020 990 2020
Adventure Science Center Nashville 2019 990 2019
Adventure Science Center Nashville 2018 990 2018
Adventure Science Center Nashville 2017 990 2017
adventure science center nasvhille 2016 990 2016
adventure science center nashville 2015 990 2015
adventure science center nashville 2014 990 2014
adventure science center nashville 2013 990 2013
adventure science center nashville 2012 990 2012
adventure science center nashville 2011 990 2011
adventure science center nashville 2010 990 2010
adventure science center nashville 2009 990 2009
adventure science center nashville 2008 990 2008
adventure science center nashville 2007 990 2007
adventure science center nashville 2006 990 2006
adventure science center nashville 2005 990 2005
adventure science center nashville 2004 990 2004

Audit Documents

Adventure Science Center Nashville 2023 Audit 2023
Adventure Science Center Nashville 2022 Audit 2022
Adventure Science Center Nashville 2021 Audit 2021
Adventure Science Center Nashville 2020 Audit 2020
Adventure Science Center Nashville Audit 2019 2019
Adventure Science Center Nashville Audit 2018 2018
Adventure Science Center Nashville Audit 2017 2017
adventure science center nashville audit 2016 2016
adventure science center nashville 2015 audit 2015
adventure science center nashville 2014 audit 2014
adventure science center nashville 2013 audit 2013
adventure science center nashville 2012 audit 2012
adventure science center nashville 2011 audit 2011
adventure science center nashville 2010 audit 2010
adventure science center nashville 2009 Audit 2009
adventure science center nashville 2008 audit 2008
adventure science center nashville 2007 audit 2007
adventure science center nashville 2006 audit 2006
adventure science center nashville 2005 audit 2005

Foundation Staff Comments


Financials taken from 990. Foundation and Corporation gifts included with Individuals. 990 prepared by Cherry Beckaert, LLP. Comment provided by Hayley Sulfridge 2/1/24.