2021-12-07T08:55:57-06:00 2021-06-30 560574444 CHERRY BEKAERT LLP 222 SECOND AVE SOUTH STE 1240 NASHVILLE TN 37201 990 2020-07-01 620479192 ADVENTURE SCIENCE CENTER - NASHVILLE F/K/A CUMBERLAND MUSEUMS ADVE 6158625160 800 FORT NEGLEY BOULEVARD NASHVILLE TN 37203 STEVE HINKLEY CEO 6158625160 2021-11-30 1 STEVE HINKLEY 999009999 SARA G MOON P00034774 6153836592 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEVE HINKLEY 800 FORT NEGLEY BOULEVARD NASHVILLE TN 37203 6848794 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 24 102 315 0 0 1720284 2218232 2489627 1690146 45244 46660 184891 172754 4440046 4127792 0 0 0 0 3118687 2110536 0 0 419859 2846083 2321757 5964770 4432293 -1524724 -304501 17759924 18324636 2465733 2837162 15294191 15487474 TO OPEN EVERY MIND TO THE WONDERS OF SCIENCE AND TECHNOLOGY, FOSTERING A BETTER UNDERSTANDING OF OURSELVES AND THE WORLD AROUND US. 0 0 2257592 1196144 EXHIBITIONS: ADVENTURE SCIENCE CENTER OFFERS COMPREHENSIVE SCIENCE EXHIBITS, STEAM PROGRAMS AND EVENTS FOR GUESTS OF ALL AGES. ALL EXHIBITS ARE DESIGNED TO STIMULATE IMAGINATIONS THROUGH IMMERSIVE HANDS-ON ACTIVITIES AND EXPERIENCES, PRESENTED USING A VARIETY OF MEDIA TECHNOLOGY. GALLERIES MAINTAINED BY THE MUSEUM INCLUDE MUSIC AND SOUND, AN INNOVATION INCUBATOR MAKER SPACE, SPACE CHASE AND THE SOLAR SYSTEM. A FULL DOME PLANETARIUM, A HUMAN BODY EXHIBIT AND INDOOR ADVENTURE TOWER WITH AN EXCLUSIVE PRE-K AREA. 516021 288495 GENERAL OPERATIONS: DURING FY21, THE SCIENCE CENTER REACHED MORE THAN 110,000 PEOPLE THROUGH VISITATIONS, IN-SCHOOL AND OUT-OF-SCHOOL STEAM PROGRAMMING FOR STUDENTS AND COMMUNITY PROGRAMS. OPEN THURSDAY-MONDAY, THE SCIENCE CENTER DELIVERED INNOVATIVE EXHIBITIONS, FILED TRIP PROGRAMS, SCIENCE DEMONSTRATIONS, ON-LINE LEARNING PROGRAMS, PLANETARIUM SHOWS, AND OUT OUTREACH PROGRAMS DESIGNED TO ADHERE TO STATE AND NATIONAL EDUCATIONAL STANDARDS. 451518 205507 PLANETARIUM: WITH AN EVER-CHANGING LINEUP OF SHOWS, THE STATE-OF-THE -ART SUDEKUM PLANETARIUM PRESENTS EXCITING FULLDOME EDUCATIONAL PRODUCTIONS PRODUCED INTERNALLY AND LEASED FROM OUTSIDE VENDORS. OFFERINGS THIS YEAR INCLUDED NIGHTWATCH, STARS, EXPLORE, POLARIS, SUPER POWER DOGS, SECRETS OF GRAVITY, BIG ASTRONOMY, DESTINATION MARS, DARK UNIVERSE AND INCOMING. A WIDE ARRAY OF LASER SHOWS FEATURED MUSIC INCLUDING FOO FIGHTERS, BEYONCE, QUEEN AND PINK FLOYD. THROUGHOUT THE YEAR, OVER 900 SCHOOL CHILDREN AND OVER 37,000 GENERAL PUBLIC GUESTS ATTENDED PLANETARIUM SHOWS. 3225131 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 43 0 1 102 1 0 0 0 0 0 1 1 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 KELLY MAYES CHAIR 1.50 X X 0 0 0 JONATHAN SKEETERS SECRETARY 1.50 X X 0 0 0 ALLEN OAKLEY TREASURER 1.50 X X 0 0 0 ADRIENNE BATTLE TRUSTEE 0.50 X 0 0 0 AVI SPIELMAN TRUSTEE 0.50 X 0 0 0 BEN ROOKE TRUSTEE 0.50 X 0 0 0 BUTCH SPYRIDON TRUSTEE 0.50 X 0 0 0 CHERYL D MAYES TRUSTEE 0.50 X 0 0 0 DAVE MCGOWAN TRUSTEE 0.50 X 0 0 0 DIVYA SHROFF TRUSTEE 0.50 X 0 0 0 JEN LACEY TRUSTEE 0.50 X 0 0 0 JOHN GAWALUCK TRUSTEE 1.50 X 0 0 0 JOSH DAILEY TRUSTEE 0.50 X 0 0 0 JOSH TRUSLEY TRUSTEE 0.50 X 0 0 0 LISA HELTON TRUSTEE 0.50 X 0 0 0 MANUEL DELGADO TRUSTEE 0.50 X 0 0 0 MARC STENGEL TRUSTEE 0.50 X 0 0 0 MATT KISBER TRUSTEE 0.50 X 0 0 0 MELISSA ANDERSON TRUSTEE 0.50 X 0 0 0 PAUL KLEINE-KRACHT TRUSTEE 0.50 X 0 0 0 RANDALL NOEL TRUSTEE 0.50 X 0 0 0 RANKIN MCGUGIN TRUSTEE 0.50 X 0 0 0 SHAWN GLINTER TRUSTEE 0.50 X 0 0 0 SUSANNAH SCOTT-BARNES TRUSTEE 0.50 X 0 0 0 ALEX JAHANGIR TRUSTEE 0.50 X 0 0 0 SHARON GENTRY TRUSTEE 0.50 X 0 0 0 STEVE BROPHY TRUSTEE 0.50 X 0 0 0 STEVE HINKLEY PRESIDENT & CEO 50.00 X 192919 0 5269 KAREN MUSACCHIO CHIEF BUSINESS OFFICER 40.00 X 110428 0 5595 GRANT MARTIN CHIEF DEVELOPMENT OFFICER 40.00 X 77920 0 5751 381267 0 16615 2 0 1 0 0 313161 1905071 2218232 GENERAL ADMISSIONS 900099 1368957 1368957 PROGRAM FEES 900099 321189 321189 1690146 26964 26964 19387 19387 0 2584709 2563612 1401 21097 -1401 19696 19696 278855 136602 142253 142253 BAD DEBT 900099 16413 16413 MISCELLANEOUS 900099 13499 13499 VENDING 900099 589 589 30501 4127792 1852095 0 57465 593619 317080 169709 106830 1225719 654714 350420 220585 21578 12929 5552 3097 152352 91278 39204 21870 117268 70260 30175 16833 45077 45077 7742 1685 5280 777 22142 22142 23153 14847 1459 6847 204843 204843 128705 96698 4861 27146 278711 278104 506 101 539 96 443 4757 4757 26984 26984 1127533 1127533 77264 22141 48409 6714 EXHIBITS & PROGRAMS 152789 151200 1589 EQUIPMENT COSTS-MAINTEN 144229 97393 46413 423 MISCELLANEOUS 62187 52472 5292 4423 MEMBERSHIP & DUES 11049 1803 7065 2181 4053 3071 982 4432293 3225131 787303 419859 476919 1691669 77838 28219 148158 148370 26517 7155 93030 34483 211213 128345 32668951 19786434 13882797 12882517 2050846 2432464 50553 25171 742053 946243 17759924 18324636 394012 354119 1257910 1791559 813811 691484 2465733 2837162 X 13997598 13626437 1296593 1861037 15294191 15487474 17759924 18324636 -304501 497784 0 X 0 1 X 1 0 X 1656325 2388450 3271409 1720284 2218232 11254700 1656325 2388450 3271409 1720284 2218232 11254700 842322 10412378 55651 49514 68179 51777 26964 252085 40410 39861 35591 26277 30501 172640 11679425 17072848 0.89150 0.89440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 7742 0 0 7742 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. 1 2078639 12484 313581 3236 2401468 2188283 -26487 83157 2078639 2268528 25000 109800 215045 2188283 2158977 55 109496 2268528 1989190 1947 167840 2158977 0.84797 0.15203 0 0 18820170 9246953 9573217 13848781 10539481 3309300 12882517 BENEFICIAL INT. IN CHAR. REMAINDER UNITR 946243 946243 X 4760575 497784 1152 155989 654925 4105650 22142 22142 4127792 4567292 1152 155989 157141 4410151 22142 22142 4432293 PART V, LINE 4: BOARD DESIGNATED ENDOWMENT TO SUPPORT SCIENCE CENTER OPERATIONS AND HOLD AN ENDOWMENT FOR SCIENCE CAMP SCHOLARSHIPS. 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, 2021 AND 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 136,602. EXPENSE REIMBURSEMENT 19,387. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 136,602. EXPENSE REIMBURSEMENT 19,387. X X 0 0 0 0 0 0 0 0 0 STEVE HINKLEY PRESIDENT & CEO 192721 0 0 0 198 0 0 0 5269 0 198188 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE FORM 990 IS FIRST REVIEWED BY ADVENTURE SCIENCE CENTER (ASC) MANAGEMENT, THEN REVIEWED AND APPROVED BY THE FINANCE COMMITTE. A COPY IS THEN DISTRIBUTED TO THE FULL BOARD FOR APPROVAL PRIOR TO FILING WITH THE IRS. 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.