Museum of Science & Industry Inc

What it reported doing in 2024

In fy2025, mosi continued to offer diverse steam exhibits, including mission moonbase, saunders planetarium, and interactive sports science exhibits like slippery science, a collaboration with the tampa bay lightning. Mosi focused on refurbishing exhibits and creating and adding new permanent exhibits such as dino-dig, history of flight aviation maze, and drone zone. (see schedule o for continuation)this major enhancement, made possible through community and foundation support, positioned mosi as home to one of the largest and most advanced digital domes in the united states. The new theatre opened to the public on april 1, 2025, with a ribbon-cutting ceremony attended by retired nasa astronaut nicole stott and the first hillsborough county student field trip to experience the dome's live astronomy programming. The 8k digital dome theatre now offers daily planetarium shows, immersive full-dome films, and laser light experiences, increasing both mosi's educational capacity and earned-revenue potential through new ticketed evening programs.throughout the fiscal year, mosi also presented several major traveling and special exhibitions. In january 2025, the museum opened dinosaur discoveries, which explored paleontology and biomechanics to reveal how dinosaurs moved and lived, along with the nikon small world photomicrography exhibit, which celebrated the beauty of science through award-winning microscopic photography. Due to high visitor demand, the popular grossology: the (impolite) science of the human body exhibition was extended through the end of april 2025. In march 2025, mosi launched the space for art exhibit, created in partnership with astronaut nicole stott and nasa's space for art foundation, highlighting the intersection of art, healing, and space exploration. In may 2025, mosi premiered giants, dragons & unicorns: the world of mythic creatures, organized by the american museum of natural history, which explored the scientific and cultural origins of legendary beings. Later in the year, the museum introduced artificial intelligence: your mind and the machine, an interactive experience that invited guests to explore how ai is shaping modern life and the future of innovation.in addition to these traveling and temporary exhibitions, mosi maintained and refreshed several key permanent installations, including mission moonbase, idea zone makerspace, drone zone flight school, dino-dig, and the art factory. Each of these spaces continued to provide visitors with hands-on opportunities to explore science and technology through creativity, design, and experimentation.

Financial Efficiency

• Mission deployment rate: 68.3%; rating input score 68
• Program expense ratio: 80.3%; rating input score 80
• Fundraising efficiency: $12.65 raised per $1 spent on fundraising; rating input score 45; 45th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • 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: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 17.6%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 1.34; rating input score 48; 48th percentile among comparable filings
• Liabilities to assets ratio: 0.16; rating input score 49; 49th percentile among comparable filings
• Officer compensation ratio: 6.8%; rating input score 42; 42nd percentile among comparable filings

Growth

• Program expense growth: -10.5% per year; rating input score 0; 3rd percentile among comparable filings
• Revenue growth: -7.7% per year; rating input score 0; 2nd percentile among comparable filings
• Asset growth: -4.2% per year; rating input score 0; 4th percentile among comparable filings