2024-12-17T11:29:00-06:00 2024-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 222 SECOND AVE SOUTH STE 1240 NASHVILLE TN 37201 990 2023-07-01 620479192 ADVENTURE SCIENCE CENTER - NASHVILLE F/K/A CUMBERLAND MUSEUMS ADVE 6158625160 800 FORT NEGLEY BOULEVARD NASHVILLE TN 37203 LEAH MELBER CEO 6158625160 2024-12-16 1 0 LAUREN MOSES P02156583 6153836592 2023 2024-10-15 13:58:12Z LEAH MELBER 800 FORT NEGLEY BOULEVARD NASHVILLE TN 37203 9658059 0 X WWW.ADVENTURESCI.ORG X 1944 TN THE MISSION OF THE ADVENTURE SCIENCE CENTER IS TO OPEN EVERY MIND TO THE WONDERS OF SCIENCE AND TECHNOLOGY, FOSTERING A BETTER UNDERSTANDING OF OURSELVES AND THE WORLD AROUND US. 24 24 107 341 0 0 2393820 3008505 4221817 4170133 136103 -219793 428379 443949 7180119 7402794 0 0 0 0 2774782 3424192 0 0 571548 2955202 2958425 5729984 6382617 1450135 1020177 23544347 25368529 1745449 2190448 21798898 23178081 TO OPEN EVERY MIND TO THE WONDERS OF SCIENCE AND TECHNOLOGY, FOSTERING A BETTER UNDERSTANDING OF OURSELVES AND THE WORLD AROUND US. 0 0 3694233 2936218 EXHIBITIONS: ADVENTURE SCIENCE CENTER OFFERS COMPREHENSIVE SCIENCE EXHIBITS, STEM PROGRAMS, AND EVENTS FOR GUESTS OF ALL AGES. ALL EXHIBITS ARE DESIGNED TO STIMULATE IMAGINATION THROUGH IMMERSIVE HANDS-ON ACTIVITIES AND EXPERIENCES, PRESENTED USING A VARIETY OF MEDIA TECHNOLOGY. GALLERIES INCLUDE SOUNDBOX (MUSIC AND SOUND), I2 (MAKER SPACE), SPACE CHASE & THE SOLAR SYSTEM, BODY QUEST (HUMAN BODY), INDOOR ADVENTURE TOWER AND AN EXCLUSIVE PRE-K AREA. 744973 682145 GENERAL OPERATIONS: DURING FY24 ADVENTURE SCIENCE CENTER REACHED MORE THAN 260,000 PEOPLE THOUGH VISITATION AND STEAM PROGRAMMING FOR STUDENTS AND COMMUNITY MEMBERS. OPEN THURSDAY-MONDAY, ADVENTURE SCIENCE CENTER DELIVERES INNOVATIVE EXHIBITIONS, FIELD TRIP PROGRAMS, SCIENCE DEMONSTRATIONS, PLANETARIUM SHOWS, AND OUTREACH PROGRAMS DESIGNED TO ADHERE TO STATE AND NATIONAL EDUCATION STANDARDS. 216875 551770 PLANETARIUM: WITH AN EVER-CHANGING LINEUP OF SHOWS, THE STATE-OF-THE-ART SUDEKUM PLANETARIUM PRESENTS EXCITING FULL DOME EDUCATION PRODUCTIONS PRODUCED INTERNALLY AND LEASED FROM OUTSIDE VENDORS. OFFERINGS THIS YEAR INCLUDED: PLANETARIUM SHOWS: NIGHTWATCH, ASTRONAUT, DESTINATION MARS, MARS: THE ULTIMATE VOYAGE, DREAM TO FLY, ECLIPSE: THE SUN REVEALED, EXPLORE, HABITAT EARTH, INCOMING!, OUR PLACE IN SPACE, POLARIS, TO WORLDS BEYOND, SPACE EXPLORERS:THE ISS EXPERIENCE EPISODE 2, THE LITTLE STAR THAT COULD, RUSTY ROCKET'S LAST BLAST, WONDERFUL SKY, AND STARS. LASER SHOWS: BEYONCE, DAVID BOWIE, FOO FIGHTERS, SUMMER LAZE, TAYLOR SWIFT, FRIGHT LIGHTS, LASER HOLIDAYS, PINK FLOYD: THE DARK SIDE OF THE MOON, PRINCE, QUEEN AND POP TIL YOU DROP. 4656081 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 58 0 1 107 1 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X KAREN MUSACCHIO 6154015056 800 FORT NEGLEY BOULEVARD NASHVILLE TN 37203 JOSH TRUSLEY CHAIRMAN 0.50 X X 0 0 0 LAUREN JACQUES SECRETARY 0.25 X X 0 0 0 MICHAEL PAYNE TREASURER 0.50 X X 0 0 0 MISSY ACOSTA TRUSTEE 0.25 X 0 0 0 ADRIENNE BATTLE TRUSTEE 0.25 X 0 0 0 NICOLE BAXTER TRUSTEE 0.25 X 0 0 0 JOSH DAILEY TRUSTEE 0.25 X 0 0 0 ERIN FOGLIA TRUSTEE 0.25 X 0 0 0 JOHN GAWALUCK TRUSTEE 0.25 X 0 0 0 LISA HELTON TRUSTEE 0.25 X 0 0 0 WINSTON JUSTICE TRUSTEE 0.25 X 0 0 0 MATT KISBER TRUSTEE 0.25 X 0 0 0 PAUL KLEINE-KRACHT TRUSTEE 0.25 X 0 0 0 JEN LACEY TRUSTEE 0.25 X 0 0 0 PIRJIN LASER TRUSTEE 0.25 X 0 0 0 MINH LE TRUSTEE 0.25 X 0 0 0 KELLY MAYES TRUSTEE 0.25 X 0 0 0 DAVE MCGOWAN TRUSTEE 0.25 X 0 0 0 RANKIN MCGUGIN TRUSTEE 0.25 X 0 0 0 SHANNON MYERS TRUSTEE 0.25 X 0 0 0 RANDALL NOEL TRUSTEE 0.25 X 0 0 0 AVI SPIELMAN TRUSTEE 0.25 X 0 0 0 MICHELLE STEELE TRUSTEE 0.25 X 0 0 0 MARC STENGEL TRUSTEE 0.25 X 0 0 0 LEAH MELBER PRESIDENT AND CEO 40.00 X 186859 0 4029 KAREN MUSACCHIO CHIEF BUSINESS OFFICER 40.00 X 216411 0 13926 MORGAN REHNBERG VP OF EXHIBITS AND EXPERIENCES 40.00 X 142554 0 2509 SUZANNA BEST VP OF MARKETING AND COMMUNICATIONS 40.00 X 129944 0 11695 675768 0 32159 4 0 1 0 ROTO GROUP LLC 7001 DISCOVERY BLVD DUBLIN OH 43017 EXHIBIT DESIGN 503179 COUNTERPOINT MESSAGING 1440 BEDDINGTON PAR NASHVILLE TN 37215 ADVERTISING 124948 2 9525 325000 2673980 3036 3008505 GENERAL ADMISSIONS 900099 3315899 3315899 PROGRAM FEES 900099 854234 854234 4170133 321949 321949 19387 19387 0 1446924 1445731 542935 1193 -542935 -541742 -541742 126137 9525 36840 89297 89297 528937 210372 318565 318565 MISCELLANEOUS 900099 24963 24963 VENDING 900099 11124 11124 36087 7402794 4488698 0 -94409 486471 13945 430691 41835 2443108 1756938 279317 406853 36031 24785 7547 3699 254893 175330 53393 26170 203689 140110 42667 20912 39050 39050 7688 2439 4377 872 27105 27105 37737 24362 4662 8713 374588 374588 210815 157885 8174 44756 411411 407960 764 2687 5092 2030 3037 25 16304 2015 13964 325 18609 18609 1054127 1054127 116954 52592 64362 EXHIBITS & PROGRAMS 224939 199930 25009 0 EQUIPMENT COSTS-MAINTEN 170837 108635 56650 5552 MISCELLANEOUS 151108 114159 36949 0 MEMBERSHIP & DUES 59981 17118 35846 7017 32080 27133 2815 2132 6382617 4656081 1154988 571548 564903 1038021 5112933 7139944 1125070 808002 28541 25348 50252 46375 119475 125638 33396547 20664409 13172082 12732138 2514498 2496585 856593 956478 23544347 25368529 448985 873190 712098 890919 584366 426339 1745449 2190448 X 18585778 18957891 3213120 4220190 21798898 23178081 23544347 25368529 1020177 359006 0 X 0 1 X 1 0 X 1720284 2218232 6566889 2393820 3008505 15907730 1720284 2218232 6566889 2393820 3008505 15907730 1488362 14419368 51777 26964 59601 149941 341336 629619 26277 30501 121598 39145 36087 253608 16790957 18567728 0.85880 0.82850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 7688 7688 0 PART II-B, LINE 1: ADVENTURE SCIENCE CENTER-NASHVILLE IS PART OF THE SCIENCE ALLIANCE OF TN, A CONSORTIUM OF 6 CENTERS THROUGHOUT THE STATE. THE SCIENCE ALLIANCE ENGAGES A LOBBYIST ON BEHALF OF THE GROUP AND NOT AS INDIVIDUAL ORGANIZATIONS. 1 2594103 159944 305058 249636 2809469 2253749 158481 184020 2147 2594103 2401468 231849 -375579 3989 2253749 2078639 12484 313581 3236 2401468 2188283 -26487 83157 2078639 0.86947 0.13053 0 0 19267040 10548799 8718241 14129507 10115610 4013897 12732138 X 8544229 359006 809534 1168540 7375689 27105 27105 7402794 7165046 809534 809534 6355512 27105 27105 6382617 PART V, LINE 4: BOARD DESIGNATED ENDOWMENT TO SUPPORT SCIENCE CENTER OPERATIONS AND ENDOWMENTS FOR SCIENCE CAMP SCHOLARSHIPS AND EMPLOYEE CONTINUING EDUCATION. PART X, LINE 2: THE CENTER IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, FEDERAL INCOME TAXES HAVE NOT BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CENTER FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS GUIDANCE PRESCRIBES A MINIMUM PROBABILITY THRESHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION THAT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CENTER HAS NO TAX PENALTIES OR INTEREST REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CENTER HAD NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2024 OR 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 210,372. SPECIAL EVENT EXPENSE 36,840. EXPENSE REIMBURSEMENT 19,387. LOSS ON DISPOSAL OF ASSET 542,935. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 210,372. SPECIAL EVENT EXPENSE 36,840. EXPENSE REIMBURSEMENT 19,387. LOSS ON DISPOSAL OF ASSET 542,935. WAY LATE PLAY DATE 40410 1375 39035 10332 RED WHITE & BOOM 52998 2500 50498 2607 3 42254 5650 36604 23901 135662 9525 126137 36840 36840 89297 X X 0 0 0 0 0 0 0 0 0 KAREN MUSACCHIO CHIEF BUSINESS OFFICER 186882 0 29529 0 0 0 6009 0 7917 0 230337 0 0 0 LEAH MELBER PRESIDENT AND CEO 173543 0 3702 0 9614 0 0 0 4029 0 190888 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE FORM 990 IS FIRST REVIEWED BY ADVENTURE SCIENCE CENTER MANAGEMENT, THEN REVIEWED AND ACCEPTED BY THE FINANCE COMMITTEE. A COPY IS THEN DISTRIUTED TO THE FULL BOARD FOR ACCEPTANCE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY IS PROVIDED TO AND SIGNED BY EACH NEW BOARD MEMBER. ANNUALLY, WHEN THE 990 IS DISSEMINATED TO ALL BOARD MEMBERS FOR REVIEW, A COPY OF THE POLICY IS SENT TO MEMBERS ASKING THEM TO REVIEW. AS A MATTER OF PRACTICE, THE ASC BOARD IS VERY CONSCIENTIOUS OF MAINTAINING HIGH ETHICAL STANDARDS AND AVOIDING ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DETERMINES AND APPROVES THE SALARY FOR THE CEO, PERIODICALLY SEEKING OUTSIDE COMPARABILITY DATA OR PURCHASING INDUSTRY RESOURCES THAT PROVIDE COMPENSATION INFORMATION. THE CEO DETERMINES THE SALARY FOR KEY EMPLOYEES, PERIODICALLY SEEKING OUTSIDE CONSULTANTS FOR SALARY COMPARABILITY DATA OR PURCHASING INDUSTRY RESOURCES THAT PROVIDE COMPENSATION INFORMATION. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ANNUAL AUDITED FINANCIAL STATEMENTS ARE PUBLISHED ON THE GIVING MATTERS WEBSITE THROUGH THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE.