2013-05-15T15:27:12-05:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2011-07-01 860390558 ARIZONA SCIENCE CENTER ARIZ 6027162000 600 E WASHINGTON PHOENIX AZ 850042303 CHEVY HUMPHREY 6027162000 2013-05-14 1 PHIL MCCOLLUM P00129716 6022662248 2011 2016-02-24 21:20:13Z CHEVY HUMPHREY 600 E WASHINGTON PHOENIX AZ 850042303 10709144 0 X WWW.AZSCIENCE.ORG X 1980 AZ TO INSPIRE, EDUCATE AND ENTERTAIN PEOPLE OF ALL AGES ABOUT SCIENCE. 51 50 249 623 0 0 2292423 3922249 4554018 3914510 205671 291549 152105 393549 7204217 8521857 0 0 0 0 3430444 3936023 60000 0 643330 4530042 5347783 8020486 9283806 -816269 -761949 20550171 35765735 891951 1099834 19658220 34665901 TO INSPIRE, EDUCATE AND ENTERTAIN PEOPLE OF ALL AGES ABOUT SCIENCE. 0 0 7620323 4136402 ARIZONA SCIENCE CENTER REACHED 361,781 VISITORS IN ITS MISSION TO INSPIRE, EDUCATE AND ENTERTAIN PEOPLE OF ALL AGES ABOUT SCIENCE. WE CONTINUED TO BE A STATE LEADER IN PROVIDING INFORMAL SCIENCE EDUCATION EXPERIENCES THAT HAVE A LONG-TERM IMPACT ON THE FUTURE OF OUR COMMUNITY. 7620323 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 44 1 1 249 1 0 0 0 0 0 1 1 0 0 0 0 X 51 50 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 AZ X X GARTH ESPE 6027162000 600 E WASHINGTON PHOENIX AZ 850042303 CHRISTA BURKHALTER 1.00 X 0 0 0 JASON COOCHWYTEWA 1.00 X 0 0 0 KAY CORBIN 1.00 X 0 0 0 MIKE DEBELL 1.00 X 0 0 0 BJ FREEMAN 1.00 X X 0 0 0 DERRICK HALL 1.00 X 0 0 0 ANGIE HARMON 1.00 X 0 0 0 CHEVY HUMPHREY 40.00 X X 300000 0 9360 STEVE HUNTON 1.00 X 0 0 0 HOWARD KATZ 1.00 X 0 0 0 DENNIS KNIGHT 1.00 X 0 0 0 DAVID KOOPERSMITH 1.00 X 0 0 0 MURRAY MANASTER 1.00 X 0 0 0 MARY MARTUSCELLI 1.00 X 0 0 0 DENNIS MILLER 1.00 X 0 0 0 ROBERT MILLER 1.00 X 0 0 0 ROBERT MIONIS 1.00 X 0 0 0 PAUL MORRELL 1.00 X 0 0 0 MIKE MUELLER 1.00 X 0 0 0 RICK NAIMARK 1.00 X 0 0 0 DIONNE NAJAFI 1.00 X 0 0 0 MARK PENDLETON 1.00 X 0 0 0 MIKE ROCK 1.00 X 0 0 0 JANE ROIG 1.00 X 0 0 0 BRYAN SABA 1.00 X 0 0 0 ANITA THEISEN 1.00 X 0 0 0 JOHN WEST 1.00 X 0 0 0 PETER WOOG 1.00 X 0 0 0 DOUG YOUNG 1.00 X X 0 0 0 STEVEN ZYLSTRA 1.00 X 0 0 0 ROBERT ANDERSON 1.00 X 0 0 0 JEFFREY BELL 1.00 X 0 0 0 WIL CARDON 1.00 X 0 0 0 ANDREW CHRISTENSEN 1.00 X 0 0 0 JON COHEN 1.00 X 0 0 0 MARK DOERFLEIN 1.00 X 0 0 0 MARK EDWARDS 1.00 X 0 0 0 HAZEL HARE 1.00 X 0 0 0 LYNNE HERNDON 1.00 X 0 0 0 DAVE HOWELL 1.00 X 0 0 0 JOHN KERKORIAN 1.00 X 0 0 0 BARBARA LOCKWOOD 1.00 X 0 0 0 STEVE MEGLI 1.00 X 0 0 0 ALFREDO MOLINA 1.00 X 0 0 0 ROGER MORRIS 1.00 X 0 0 0 TUCKER QUAYLE 1.00 X 0 0 0 PETER SLATE 1.00 X 0 0 0 ROBERT SUSSMAN 1.00 X 0 0 0 JULIE VOGEL 1.00 X 0 0 0 MELANI WALTON 1.00 X 0 0 0 CONNIE WILHELM 1.00 X 0 0 0 DWIGHT R MIDDENDORF 40.00 X 120000 0 5860 DIANA FELDMAN 40.00 X 0 0 0 PATRICK L WEEKS 40.00 X 126250 0 5985 KRISTIN A PRISCELLA 40.00 X 115000 0 7160 LAURA W MARTIN 40.00 X 103375 0 5660 764625 0 34025 5 0 1 0 BOSS DISPLAY 2001 CAMARO AVE COLUMBUS OH 43207 EXHIBIT CONSTRUCTION 268835 GRANDE PROJECTS PTY LTD 309 HAMPTON ST STE 1 HAMPTON VICTORIA AS 2188 EXHIBIT LICENSING 248979 AEG EXHIBITIONS LLC 5750 WILSHIRE BLVD STE 501 LOS ANGELES CA 90036 EXHIBIT LICENSING 204566 CRAMER-KRASSELT 1850 N CENTRAL AVE 18TH FLOOR PHOENIX AZ 85004 ADVERTISING 191373 JAN-PRO 2222 W DUNLAP AVE STE 100 PHOENIX AZ 85021 JANITORIAL 173030 8 714371 501862 75697 2630319 330506 3922249 ADMISSIONS 900099 2854693 2854693 EDUCATION 900099 911303 911303 HISTORY OBJECTS 900099 148514 148514 3914510 241171 241171 221892 0 221892 221892 221892 1965374 1914996 50378 50378 50378 177961 501862 194030 -16069 -16069 107175 46277 60898 60898 105712 31984 73728 73728 MISCELLANEOUS 900099 48577 48577 COMMISSIONS 900099 4523 4523 53100 8521857 4136402 0 463206 470776 186626 97634 186516 2978241 2237984 570525 169732 22133 12263 8184 1686 180932 147294 22845 10793 283941 214971 44042 24928 292326 160146 34230 97950 53743 26460 26877 406 40900 40900 25749 10172 15486 91 518833 502534 1673 14626 224479 183264 18710 22505 128662 127942 720 328107 328107 959377 940129 5293 13955 121772 59101 47821 14850 48503 16151 27059 5293 5718 4191 1467 60 1628673 1613371 14631 671 61775 60467 1308 PROGRAM RELATED 769198 730739 7692 30767 EMPLOYEE RELATED - RECR 83233 44504 29359 9370 BAD DEBT 34403 2917 31486 IN-KIND 18518 11111 7407 3814 2796 780 238 9283806 7620323 1020153 643330 1099027 565462 2951764 1363770 2386398 17009838 141237 275929 13027 9324 98912 239258 14605229 6924597 8390953 7680632 5243339 8067044 294644 225514 259834 20550171 35765735 379577 489630 423504 516782 5346 0 83524 93422 891951 1099834 X 12279149 12464838 3662786 18232420 3716285 3968643 19658220 34665901 20550171 35765735 X -761949 15769630 X X 0 1 1 X 0 X 8562242 3784438 4047641 2292423 3922249 22608993 163500 163500 828535 857875 857875 2871285 8725742 3947938 4876176 3150298 4780124 25480278 2516477 22963801 523917 354428 310693 352236 241171 1782445 37324 45561 14014 7027 443948 547874 27810597 19727430 0.82570 0.66770 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS COMMISSIONS FUNDRAISING GAMING RAFFLE INVENTORY SALES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 5825791 723145 -21359 6527577 4125306 350000 823342 5298648 2995789 687000 442517 4125306 2154378 1108010 -266599 2995789 0.30350 0.56930 0.12720 1 0 610970 110979 499991 1665795 139126 1526669 12328464 6674492 5653972 7680632 DEPOSITS 93422 93422 8521857 9283806 -761949 -297829 40962 -256867 -1018816 9773468 -297829 1414148 135292 1251611 8521857 0 8521857 10792284 1414148 94330 1508478 9283806 0 9283806 PART III, LINE 4: THE ARIZONA SCIENCE CENTER PURCHASED THE ASSETS OF THE PHOENIX HISTORY MUSEUM ON OCTOBER 8, 2009. UNDER THE PURCHASE AGREEMENT, ASC WILL CONTINUE TO DISPLAY THE COLLECTION WITHIN A 5,400 SQ FT SECTION OF THE NEW INNOVATION CENTER. THE SCIENCE CENTER ELECTED NOT TO CAPITALIZE THE COLLECTION IN ACCORDANCE WITH FASB ASC 958-360, NOT-FOR-PROFIT ENTITIES - PROPERTY, PLANT, AND EQUIPMENT. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE CENTER'S ENDOWMENTS CONSIST OF THREE DONOR-RESTRICTED FUND AND A BOARD-DESIGNATED FUND ESTABLISHED FOR FUTURE CAPITAL EXPENDITURES, IMPROVEMENTS AND MAJOR MAINTENANCE PROJECTS. THE DONOR-RESTRICTED FUNDS ARE FOR EXHIBIT AND PROGRAM RENEWAL. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CENTER EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. MANAGEMENT BELIEVES THAT THE CENTER HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2012. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE ON THE BENEFICIAL INTEREST IN REMAINDER TRUST 72,814. CHANGE IN VALUE ON THE AZ COMMUNITY FOUNDATION INVESTMENTS -31,852. TOTAL TO SCHEDULE D, PART XI, LINE 8: 40,962. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE ON THE BENEFICIAL INTEREST IN REMAINDER TRUST 72,814. CHANGE IN VALUE ON THE AZ COMMUNITY FOUNDATION -31,852. SPECIAL EVENT EXPENSES 16,069. GAMING EXPENSES 46,277. COST OF CONCESSIONS 31,984. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 16,069. GAMING EXPENSES 46,277. COST OF CONCESSIONS 31,984. GALA 679823 501862 177961 77316 38847 77867 679823 501862 177961 77316 38847 77867 194030 -16069 107175 41350 4927 1 0.80000 107175 41350 4927 46277 60898 AZ 0 THE ORGANIZATION IS EXEMPT FROM LICENSING IN ARIZONA - ARS 13-3302 0 1 0 1.00000 0.00000 DIANA FELDMAN CFO 600 E WASHINGTON ST PHOENIX AZ 85004 0 KRISTIN PRISCELLA VP EXTERNAL AFFA 1200 ORGANIZE RAFFLE AND TICKET SALES. X 0 X 1 0 X X X X 0 0 0 0 0 0 0 0 0 CHEVY HUMPHREY 225000 0 75000 0 0 0 4500 0 4860 0 309360 0 0 0 PART I, LINE 1A CHEVY HUMPHREY AND KRISTIN A. PRISCELLA EACH RECEIVE UNIVERSITY CLUB MEMBERSHIPS OF $1,200 WHICH IS NOT INCLUDED IN TAXABLE COMPENSATION. X 5988 RETAIL PRICE X 1 41350 INVOICE PRICE X AIRFARE 1 36000 FACE VALUE X SHADE STRUCTURE 1 143071 RETAIL VALUE X SOLAR ARRAY 1 139262 RETAIL VALUE 0 0 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): NUMBER OF CONTRIBUTORS WAS PROVIDED FORM 990, PART VI, SECTION A, LINE 6 MEMBERS SHALL CONSIST OF THOSE WHO DESIRE TO FURTHER THE PURPOSES OF THE ORGANIZATION AND WHO PAY DUES ESTABLISHED BY THE BOARD OF TRUSTEES. THE MEMBERS SHALL HAVE NO VOTING RIGHTS WHATSOEVER IN THEIR CAPACITIES AS MEMBERS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS REVIEWED BY THE CFO, THE CEO, AND THE HEADS OF THE AUDIT AND FINANCE COMMITTEES PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ANY BOARD MEMBER OR DIRECTOR, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, IS AN INTERESTED PERSON. DUTY TO DISCLOSE: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. EACH DIRECTOR AND BOARD MEMBER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY 2. HAD READ AND UNDERSTANDS THE POLICY 3. HAS AGREED TO COMPLY WITH THE POLICY, AND 4. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15 THE VP OF HUMAN RESOURCES GATHERS COMPARABILITY DATA RELATED TO THE SALARIES OF EXECUTIVE OFFICERS FOR OTHER NOT-FOR-PROFIT ORGANIZATIONS IN THE AREA. THE EXECUTIVE COMMITTEE REVIEWS THE DATA AND SETS THE CEO SALARY ACCORDINGLY; THE MEMBERS OF THE EXECUTIVE COMMITTEE ARE INDEPENDENT FROM THE ORGANIZATION AND FROM THE CEO. THE PRESIDENT & CEO GATHERS COMPARABILITY DATA RELATED TO THE SALARIES OF VP'S FOR OTHER NOT-FOR-PROFIT ORGANIZATIONS IN THE AREA AND SETS THE VP SALARIES ACCORDINGLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON CHARITY WEBSITES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -297,829. PRIOR PERIOD ADJUSTMENTS: 16,026,497. CHANGE IN VALUE ON THE BENEFICIAL INTEREST IN REMAINDER TRUST 72,814. CHANGE IN VALUE ON THE AZ COMMUNITY FOUNDATION INVESTMENTS -31,852. TOTAL TO FORM 990, PART XI, LINE 5: 15,769,630. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 5, CHANGES IN NET ASSETS: THE AUDITED FINANCIAL STATEMENTS CONTAIN THE FOLLOWING TEXT REGARDING THE PRIOR PERIOD ADJUSTMENT: DURING 2012, MANAGEMENT OF THE CENTER DETERMINED THAT TEMPORARILY RESTRICTED NET ASSETS HAD BEEN UNDERSTATED BY $15,746,928 AND PERMANENTLY RESTRICTED NET ASSETS HAD BEEN UNDERSTATED BY $279,569. THESE MISSTATEMENTS RELATED TO THE DONATED FACILITY SPACE RECEIVABLE BEING UNDERSTATED BY $15,700,001 AND THE ARIZONA COMMUNITY FOUNDATION INVESTMENTS BEING UNDERSTATED BY $326,496. MANAGEMENT DETERMINED THAT THE CITY OF PHOENIX AGREEMENT WAS IN FACT UNCONDITIONAL RESULTING IN RECORDING A NONCASH DONATED FACILITY SPACE RECEIVABLE THAT IS AMORTIZED OVER THE TERM OF THE AGREEMENT. THE CHANGES IN NET ASSETS WOULD HAVE INCREASED BY APPROXIMATELY $700,000 FOR THE YEAR ENDED JUNE 30, 2011, HAD THE AMOUNTS BEEN RECORDED IN THE PRIOR YEAR. THE EFFECT OF THESE CORRECTIONS HAVE BEEN REFLECTED AS IN INCREASE IN TEMPORARILY RESTRICTED NET ASSETS AND AN INCREASE IN PERMANENTLY RESTRICTED NET ASSETS AS OF JUNE 30, 2011.