2016-08-15T11:36:35-05:00 2015-12-31 461497033 EKS&H LLLP 7979 E TUFTS AVENUE SUITE 400 DENVER CO 802372521 990 2015-01-01 742541265 FORT COLLINS MUSEUM OF DISCOVERY FKA DISCOVERY CENTER SCIENCE MUSEUM FORT 9702216738 408 MASON COURT FORT COLLINS CO 80524 KRISTI BENNINGSDORF PRESIDENT 9702216738 2016-08-15 1 DORI EGGETT P00645252 3037409400 2015 2016-12-15 16:53:06Z KRISTI BENNINGSDORF 408 MASON COURT FORT COLLINS CO 80524 1323153 0 X WWW.FCMOD.ORG X 1989 CO THE MUSEUM CREATES OPPORTUNITIES FOR PEOPLE TO LEARN & HAVE FUN WHILE EXPLORING SCIENCE AND CULTURE. 12 12 41 150 0 0 332102 521850 630549 669763 56362 56567 6349 18108 1025362 1266288 0 0 0 0 773041 847651 0 0 243577 1138846 1539046 1911887 2386697 -886525 -1120409 11104523 9883261 406157 364957 10698366 9518304 THE MUSEUM CREATES MEANINGFUL OPPORTUNITIES FOR PEOPLE OF ALL AGES TO LEARN, REFLECT AND HAVE FUN THROUGH HANDS-ON AND COLLECTIONS-BASED EXPLORATIONS IN SCIENCE AND CULTURE. 0 0 1929692 669763 FORT COLLINS MUSEUM OF DISCOVERY WELCOMED OVER 99,000 GENERAL ADMISSION VISITORS DURING 2015. THE MUSEUM OFFERS A WIDE VARIETY OF CULTURAL AND SCIENCE RELATED PROGRAMS TO SUPPLEMENT THE RICHNESS OF THE EXHIBIT GALLERY FLOOR, AND TO PROVIDE FULFILLING EXPERIENCES THAT ALLOW VISITORS OF ALL AGES TO ENGAGE INFORMALLY AT DEEPER LEVELS OF LEARNING THROUGH DISCOVERY AND REFLECTION. IN 2015, THESE PROGRAMS DIRECTLY SERVED GENERAL ADMISSION VISITORS, SCHOOL FIELD TRIP GROUPS, AND INDIVIDUAL PARTICIPANTS IN PREREGISTERED PROGRAMS. 1929692 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 6 0 1 41 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CO X DONNA JARED 9704162767 408 MASON COURT FORT COLLINS CO 80524 CHRIS BANKS TREASURER 2.00 X X 0 0 0 KRISTI BENNINGSDORF PRESIDENT ELECT 3.00 X X 0 0 0 JOE KRUSE PRESIDENT 5.00 X X 0 0 0 JEFF MIHELICH DIRECTOR 1.00 X 0 0 0 HOLLY OSBORN SECRETARY 2.00 X X 0 0 0 ANN TURNQUIST DIRECTOR 1.00 X 0 0 0 JAN NERGER DIRECTOR 1.00 X 0 0 0 DOUG HUTCHINSON DIRECTOR 1.00 X 0 0 0 BOB BACON DIRECTOR 1.00 X 0 0 0 JOHN WILLIAMS DIRECTOR 1.00 X 0 0 0 YVONNE MYERS DIRECTOR 1.00 X 0 0 0 SHAWN GALLEGOS DIRECTOR 1.00 X 0 0 0 DONNA JARED EXECUTIVE DIRECTOR 40.00 X 96403 0 21993 96403 0 21993 0 0 0 0 ART GUILD INC 300 WOLF DRIVE WEST DEPTFORD NJ 08086 EXHIBIT FABRICATION 201073 1 31003 17358 473489 521850 ADMISSION FEES 900099 604280 604280 EDUCATIONAL PROGRAM FE 900099 65483 65483 669763 56567 56567 16653 31003 23596 -6943 -6943 58320 33269 25051 25051 1266288 694814 0 49624 118396 35519 41439 41438 729255 510692 60938 157625 36287 3606 26483 6198 47964 47964 6318 4349 1505 464 4091 4091 376451 357628 18823 94171 92288 1883 EXHIBITS 758741 758741 FEES 87575 81307 672 5596 SUPPLIES 51222 40191 3282 7749 CONTRACTED SERVICES 32944 24130 8814 43282 21241 6348 15693 2386697 1929692 213428 243577 167593 276954 3455692 2843916 39515 891286 342037 22679 13689 52486 18345 6316722 1203401 5466709 5113321 1048078 1235484 11104523 9883261 82484 286037 73673 78920 250000 0 406157 364957 X 5341167 5325580 4643779 3479304 713420 713420 10698366 9518304 11104523 9883261 -1120409 -59652 0 X 0 1 X 1 0 X 3260223 3468058 577378 332102 521850 8159611 73665 152772 833039 660833 728083 2448392 66340 49979 116319 3400228 3670809 1410417 992935 1249933 10724322 600000 1679158 269500 50000 2598658 0 600000 1679158 269500 50000 2598658 8125664 62178 129241 7784 12962 56567 268732 62178 129241 7784 12962 56567 268732 63 8580 31003 39646 3462469 3800050 1426781 1005897 1337503 11032700 0.73650 0.52470 0.02440 0.01760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 949720 -3410 946310 895563 2000 52157 949720 771865 16686 107012 895563 706350 65515 771865 729827 -23477 706350 0.75370 0.24630 1 0 5865916 808735 5057181 152143 110675 41468 298663 283991 14672 5113321 DOME SHOWS 107860 ENDOWMENT AT CFNC 927624 TRAVELING EXHIBIT DEPOSIT 200000 1235484 X 1246848 -59652 40212 -19440 1266288 0 1266288 2426910 40212 40212 2386698 0 2386698 PART III, LINE 1A: TAXPAYER KEEPS ALL ITS HISTORICAL AND SCIENTIFIC EXHIBITS OFF BALANCE SHEET. PART X, LINE 2: THE MUSEUM APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT OF IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATIING THE TAX POSITION TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF DECEMBER 31, 2015 AND 2014. INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE MUSEUM'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS TAXABLE INCOME. THERE WAS NO SIGNIFICANT UNRELATED BUSINESS TAXABLE INCOME FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS ADMINISTRATION AND GENERAL EXPENSE. NO INTEREST AND PENALTIES HAVE BEEN ASSESSED AS OF DECEMBER 31, 2015 OR 2014. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 6,943. COST OF GOODS SOLD 33,269. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 6,943. COST OF GOODS SOLD 33,269. DISCOVERY DASH 47656 31003 16653 6700 16896 47656 31003 16653 6700 16896 23596 -6943 X SUPPLIES 0 27037 CATERING 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 AN INDEPENDENT ACCOUNTING FIRM REVIEWS IN DETAIL WITH THE EXECUTIVE DIRECTOR, WHO PROVIDES A COMPLETE COPY OF THE DRAFT FORM 990 FOR FINANCE COMMITTEE REVIEW BEFORE FILING. A PUBLIC DISCLOSURE COPY IS PROVIDED TO THE FULL BOARD AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH MEMBER OF THE BOARD OF DIRECTORS SUBMITS AN ANNUAL STATEMENT TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. PERIODIC REVIEWS ARE CONDUCTED AND POTENTIAL OR ACTUAL CONFLICTS ARE REPORTED TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR CONSIDERATION AND DETERMINATION IF A CONFLICT EXISTS. IF APPROPRIATE, A DISINTERESTED PERSON IS APPOINTED BY THE BOARD CHAIR TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR SALARY IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD OF DIRECTORS. THIRD PARTY COMPENSATION SURVEYS PROVIDE COMPARABILITY DATA AND BANCHMARKING. DOCUMENTATION OF THE DELIBERATION AND DECISION IS RECORDED IN THE ORGANIZATION'S MINUTES. FORM 990, PART VI, SECTION C, LINE 19 AVAIABLE UPON REQUEST. RELATIONSHIP WITH FORT COLLINS MUSEUM AND CITY OF FORT COLLINS: DURING MARCH 2008, THE MUSEUM ENTERED INTO AN OPERATING AGREEMENT (THE "AGREEMENT") WITH THE CITY OF FORT COLLINS (THE "CITY"), WHICH OWNED AND OPERATED THE FORT COLLINS MUSEUM ("FCM"). THE MUSEUM AND THE CITY WISHED TO JOINTLY CREATE A PREMIER EDUCATIONAL EXPERIENCE FOR LOCAL RESIDENTS AND VISITORS BY COMBINING THE CURRENT OPERATIONS OF THE FCM AND MUSEUM INTO ONE INSTITUTION. IN ORDER TO FACILITATE THE PLANNING AND CONSTRUCTION OF A NEW FACILITY FOR THE COMBINED MUSEUM, IT WAS DECIDED TO CO-LOCATE BOTH ORGANIZATIONS IN ONE FACILITY, 200 MATHEWS STREET, WHICH WAS THE LOCATION OF THE FCM. THE CO-LOCATION WAS EFFECTIVE JUNE 2009 THROUGH DECEMBER 2011. DURING 2012, THE NEW MUSEUM FACILITY WAS SUBSTANTIALLY COMPLETED AND WAS OPENED FOR PUBLIC ACCESS AT WHICH TIME THE COMBINED INSTITUTION, FORT COLLINS MUSEUM OF DISCOVERY, BEGAN OPERATING AT ITS NEW LOCATION AT 408 MASON COURT. FORM 990, PART II, LINE 3: EXHIBIT FABRICATION AND EXHIBIT LOAN EXPENSES ARE PAID WITH CAPITAL FUNDRAISING FROM PREVIOUS YEARS. IT IS THE MUSEUM'S POLICY TO FULLY EXPENSE ALL NEW EXHIBITS IN THE YEAR PURCHASED, WHICH CONTRIBUTES TO NEGATIVE NET REVENUE.