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Article Archive >> In Your County

Discovery Station business and financial plans

Discovery Station business and financial plans

Discovery Station Director Marie Byers and the organizations' Board Treasurer Dr. John Davidson brought this update to the County Commissioners during the Board of County Commissioners meeting on Tuesday, July 18, 2006. During a previous presentation by Discovery Station, the Commissioners requested submittal of a financial plan and business plan for the hands-on interactive science museum. Byers and Davidson presented both plans for the Commissioners review and consideration.
The organization showed planned budget expenditures for calendar year 2006 of $342,150.00, but year to date revenues of $82,300.15. Only $1,550 of $100,000 corporate pledged donations have been received to date. Some state bond money will be forthcoming to help offset expenses, Davidson said. The organization has asked for $25,000 from the Gaming Commission and requested an additional $30,000 from the Commissioners.
The Board donated $20,000 to the museum in April. The City of Hagerstown gave the organization $10,000 for the year. Byers said a corporate sponsor is being sought for the museum. The organization is listed on the "Section 1-108 list" as one of the private non-profit groups to which the Commissioners may make direct donations of funds, and was added to that list in 2000. The measure was tabled for further discussion.

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