The Da Vinci Discovery Center of Science and Technology

Analysis

The Da Vinci Discovery Center of Science and Technology is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Da Vinci Discovery Center of Science and Technology reported income of $10.4m and spending of $4.9m, leaving 52% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.0m to $10.4m (+247%), an average of +51% a year. The sharpest change came in the year to June 2022, when income rose by 151%. Over the whole period it spent 49% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Da Vinci Discovery Center of Science and Technology sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Movement Alliance Project ($10.3m), Lady Lex Museum on the Bay Association ($10.4m) and Phoenix Art Museum ($10.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $470k (9.6% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $54.1m against liabilities of $31.0m, net assets of $23.1m. It reported 113 employees.