2024-02-01T14:10:54-06:00 2023-06-30 541631262 KEITER STEPHENS HURST GARY & SHREAVES 4401 DOMINION BLVD GLEN ALLEN VA 23060 990 2022-07-01 900168625 NORTHERN VIRGINIA SCIENCE CENTER FOUNDATION NORT 7036483130 3957 PENDER DRIVE 100 FAIRFAX VA 22030 CORBIN NEIBERLINE TREASURER 7036483130 2024-02-01 1 CORBIN NEIBERLINE 999009999 1 JAYME MIKA P00852731 8047470000 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHILDREN'S SCIENCE CENTER ADALENE SPIVY 3957 PENDER DRIVE 100 FAIRFAX VA 22030 4463336 0 X WWW.CHILDSCI.ORG X 2004 VA TO INSPIRE A LOVE OF LEARNING SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) BY PROVIDING UNIQUE OPPORTUNITIES TO EXPLORE AND CREATE. 23 22 65 514 0 0 3989022 3924478 1084452 453918 6006 0 24616 84940 5104096 4463336 0 0 0 0 1515817 1739338 0 0 185547 1549910 1062628 3065727 2801966 2038369 1661370 12837527 14753887 152179 407169 12685348 14346718 TO INSPIRE A LOVE OF LEARNING SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) BY PROVIDING UNIQUE OPPORTUNITIES TO EXPLORE AND CREATE. 0 0 2409948 453918 DURING THIS 12 MONTH PERIOD, THE LAB, AN INTERACTIVE MUSEUM THAT FOCUSES ON CHILDREN AGES 2-12, WAS VISITED BY 25,574 INDIVIDUALS. THE LAB OFFERS FOUR HANDS-ON STEM EXPERIENCE AREAS: THE EXPERIMENT BAR, INSPIRATION HUB, TINKER SHOP AND DISCOVERY ZONE. COMMUNITY OUTREACH PROGRAMS SERVED AN ADDITIONAL 13,122 INDIVIDUALS. THE ORGANIZATION ALSO WORKED WITH PROJECT PARTNERS, DESIGNERS AND COMMUNITY MEMBERS TO DEVELOP THE DESIGN AND ENGINEERING SPECIFICATIONS FOR THE FACILITY, EXHIBITS AND PROGRAMS FOR THE FUTURE 70,000 SQ FT SCIENCE CENTER. 2409948 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 65 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA DC MD X ADALENE SPIVY 7036483130 3957 PENDER DRIVE 100 FAIRFAX VA 22030 ADALENE SPIVY PRESIDENT AND EXECUTIVE DI 40.00 X X 118054 0 0 SUMEET SHRIVASTAVA CHAIR 10.00 X X 0 0 0 CHRIS POWELL VICE CHAIR 2.00 X X 0 0 0 KATHY COULTER SECRETARY 1.00 X X 0 0 0 CORBIN NEIBERLINE TREASURER 2.00 X X 0 0 0 GARY CRUM IMMEDIATE PAST BOARD CHAIR 1.00 X 0 0 0 JILL MCNABB BOARD MEMBER EMERITUS 1.00 X 0 0 0 JEFF BENTLEY DIRECTOR 1.00 X 0 0 0 ROBERT BERTIN DIRECTOR 1.00 X 0 0 0 JENNIFER BONADIO DIRECTOR 1.00 X 0 0 0 JILIAN BREEDEN DIRECTOR 1.00 X 0 0 0 GLENN DAVIDSON DIRECTOR 1.00 X 0 0 0 BOBBIE KILBERG DIRECTOR 1.00 X 0 0 0 LISA KIMBALL DIRECTOR 1.00 X 0 0 0 PAUL LESLIE DIRECTOR 1.00 X 0 0 0 RON MEYER DIRECTOR 1.00 X 0 0 0 RUSS REEDER DIRECTOR 1.00 X 0 0 0 CRAIG RIDLEY DIRECTOR 1.00 X 0 0 0 BRUCE ROBERTS DIRECTOR 1.00 X 0 0 0 BOB VAN HOECKE DIRECTOR 1.00 X 0 0 0 VITO GERMINARIO DIRECTOR - ENDED 5/2023 1.00 X 0 0 0 KEITH KRUT DIRECTOR - ENDED 5/2023 1.00 X 0 0 0 118054 0 0 1 0 0 0 0 X 2879 3921599 3074 3924478 ADMISSION FEES 900099 212184 212184 PROGRAM FEES 900099 157086 157086 EXHIBIT SUPPORT 900099 51418 51418 MEMBERSHIP FEES 900099 33230 33230 453918 MISCELLANEOUS REVENUE 900099 84940 84940 84940 4463336 538858 0 0 X 118053 94443 11805 11805 1464580 1262458 105233 96889 39611 34563 2623 2425 117094 100308 8561 8225 376253 339463 27303 9487 34715 30338 563 3814 10180 8321 601 1258 59688 48863 3713 7112 168175 145338 7526 15311 20508 14746 4678 1084 9410 7369 333 1708 16941 16941 138364 123630 7825 6909 EXHIBIT DESIGN 51418 51418 CATERING, FOOD AND SUPP 45014 36504 278 8232 HUMAN RESOURCE FEES 41999 34533 3336 4130 PROGRAM SUPPLIES/TRANSP 34373 33883 76 414 55590 43770 5076 6744 2801966 2409948 206471 185547 4769264 7296850 5912922 5049486 2052576 2103994 15610 5732 1327789 1268346 62929 59443 24226 238382 12837527 14753887 137073 164230 15106 21624 0 221315 152179 407169 X 919725 927427 11765623 13419291 12685348 14346718 12837527 14753887 1661370 0 X 0 1 X 0 0 X 702855 11095230 1317733 3985602 3924478 21025898 702855 11095230 1317733 3985602 3924478 21025898 3775071 17250827 1915 13360 2306 6006 0 23587 24616 84940 109556 21159041 3564232 0.81530 0.92360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 994848 981485 13363 332941 286861 46080 59443 OPERATING LEASE LIABILITY 221315 221315 X 4565918 102582 102582 4463336 0 4463336 2904548 102582 102582 2801966 0 2801966 PART X, LINE 2: MANAGEMENT HAS EVALUATED THE EFFECT OF GUIDANCE SURROUNDING UNCERTAIN INCOME TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAS NO SIGNIFICANT FINANCIAL STATEMENT EXPOSURE TO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2023. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT. THE EXECUTIVE DIRECTOR, TREASURER, AND ACCOUNTING MANAGER REVIEW FORM 990. IT IS THEN FORWARDED TO THE INTERNAL AFFAIRS COMMITTEE AND BOARD OF DIRECTORS FOR FINAL REVIEW AND SUBSEQUENTLY FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, WHICH REQUIRES BOARD MEMBERS AND MANAGEMENT TO FILE A DISCLOSURE STATEMENT AT LEAST ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD'S EXECUTIVE COMMITTEE EVALUATES THE COMPENSATION AND PERFORMANCE OF THE EXECUTIVE DIRECTOR. INDUSTRY REPORTS AND MARKET DATA ARE USED TO DETERMINE SALARY. OTHER OFFICERS ARE NOT COMPENSATED. THERE WERE NO KEY EMPLOYEES DURING FISCAL YEAR ENDING 6/30/23. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII, LINE 2A: PROGRAM SERVICE REVENUE EXHIBIT SUPPORT FOR $1,072,423 - NORTHERN VIRGINIA SCIENCE CENTER FOUNDATION ("THE FOUNDATION") ENTERED INTO AN AGREEMENT ("3-PARTY AGREEMENT"), AMENDED ON MARCH 23, 2023, WITH THE SCIENCE MUSEUM OF VIRGINIA, A STATE AGENCY OF THE COMMONWEALTH OF VIRGINIA ("SMV"), AND THE LOUDOUN COUNTY BOARD OF SUPERVISORS, A POLITICAL SUBDIVISION OF THE COMMONWEALTH OF VIRGINIA ("LOUDOUN"), FOR THE DEVELOPMENT AND OPERATION OF THE NEW SCIENCE CENTER. THE TOTAL COST OF THE PROJECT IS PLANNED TO BE $107.5 MILLION. SMV WILL EXPEND APPROXIMATELY $71.5 MILLION TO DESIGN AND CONSTRUCT THE NEW FACILITY. LOUDOUN WILL PROVIDE THE FOUNDATION WITH $15 MILLION, TO BE USED TO DESIGN AND FABRICATE THE MUSEUM EXHIBITS. THE FOUNDATION IS ACCOUNTING FOR THE FUNDS IT RECEIVES FROM LOUDOUN AS AN EXCHANGE TRANSACTION AND RECOGNIZING AS PROGRAM SERVICES REVENUE IN EACH ACCOUNTING PERIOD TO THE EXTENT OF COSTS INCURRED FROM THE CONTRACTED EXHIBIT DESIGN-BUILD FIRM, ROTO. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 339,463. MANAGEMENT AND GENERAL EXPENSES 27,303. FUNDRAISING EXPENSES 9,487. TOTAL EXPENSES 376,253.