Putnam Museum and Science Center
Nonprofit profile at a glance
- EIN
- 420680474
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Davenport, IA, USA
- Phone
- 5633367288
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- History Museums
Reported finances
- Revenue
- $3,908,145
- Expenses
- $3,427,060
- Assets
- $13,862,679
- Liabilities
- $2,023,709
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- CINTHIA DIEHL YANG (CEO)
Highest reported compensation
- DRUE CURRY (VP OPERATION): $100,079 total reported compensation
- CINTHIA DIEHL YANG (CEO): $89,699 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 putnam exists to: preserve our region's treasures - to care for and utilize them to illuminate our human and natural history, and to evoke the memories and stories the artifacts and specimens tell. Educate people of all ages in immersive and lasting ways with combined "hands-on, minds on" experiences that only the putnam can provide. Connect people to each other and to the history and science that shape the cultures and environments of the earth.
What it reported doing in 2024
Giant screen theater: the putnam's giant screen theater offers educational and topical films and presentations. Examples include into america's wild, superpower dogs, back from the brink, volcanoes 3d, oceans: our blue planet 3d, and wild africa 3d. The films and presentations allow viewers to see nature in all its glory, to learn about history and other cultures, and to travel to all parts of the world. In an era when environmental awareness is part of the daily conversation and global cultures are increasingly interacting via technology, films that enlighten and educate the public about a variety of environments and cultures are significant to our ability to co-exist productively.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 92
- Accountability: 98
- Sustainability: 67
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.8%; rating input score 63
- Program expense ratio: 69.6%; rating input score 70
- Fundraising efficiency: $15.36 raised per $1 spent on fundraising; rating input score 52; 52nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 96%; rating input score 96; 26th percentile among comparable filings
- Governance controls: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 12.3%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 4.05; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings
Growth
- Program expense growth: -2.7% per year; rating input score 0; 8th percentile among comparable filings
- Revenue growth: -0.1% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 62.8% of revenue deployed · 69.6% of spending went to programs
- Governance: 24 of 25 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $2.4M in reported program spending
- Leadership: top reported pay $100K · 26 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Financial Efficiency: Fundraising efficiency scored 52/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 50/100.