Museum of Discovery Supporting Foundation Inc
Nonprofit profile at a glance
- EIN
- 990666565
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Little Rock, AR, USA
- Phone
- 5013967050
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $7,114,822
- Expenses
- $5,000
- Assets
- $7,109,822
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- KELLEY BASS (CHIEF EXECUTIVE OFFICER-OUTGOING)
Highest reported compensation
- KELLEY BASS (CHIEF EXECUTIVE OFFICER-OUTGOING): $186,080 total reported compensation
- LISA PADEN (CHIEF FINANCIAL OFFICER): $106,272 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The sole purpose of this organization is to own, finance and/or assist in the construction and development of real estate, and the operation of a children's museum, and obtaining and making loans for such purposes, for the exclusive use and benefit of the supported organization, either directly or indirectly, by grants, loans, payments, leases and/or contributions to the supported organization. This organization will engage in activities to perform the functions of, or carry out the purposes of, the supported organization, with such activities, but for the involvement of this organization, would normally be engaged by the supported organization.
What it reported doing in 2024
Providing the supported organization the sole use and benefit of real estate and improvement thereon to be owned, financed, improved and/or developed by this organization.
Operating model
- Revenue model
- Affiliate-supported. 99% of the money available for current operations came from contributions from related organizations.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 33
- Transparency & Controls: 74
- Accountability: 77
- Sustainability: 88
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.1%; rating input score 0
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 99.9%; rating input score 100; 100th percentile among comparable filings
- Total-asset coverage ratio: 1,421.96; rating input score 100; 100th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 308.7%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 0.1% of revenue deployed · 100% of spending went to programs
- Governance: 3 of 3 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $186K · 5 people listed · 2 of 6 pay-setting controls reported
- Consistency: 10 of 10 current checks pass
- Schedules: 5 filed schedules · includes major donors and executive pay
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Officer compensation ratio scored 0/100.