2025-05-15T15:55:51-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2023-07-01 942864660 THE TECH INTERACTIVE TECH 4087956116 201 SOUTH MARKET STREET SAN JOSE CA 95113 ROBERT YOUNG CFO 4087956116 2025-05-13 1 0 BRIAN YACKER P00401346 9492222999 2025-05-13 2023 2025-03-06 01:10:19Z KATRINA STEVENS 201 SOUTH MARKET STREET SAN JOSE CA 95113 28644637 0 X WWW.THETECH.ORG X 1983 CA TO INSPIRE THE INNOVATOR IN EVERYONE. 30 30 198 300 175572 0 13710875 24622229 1908585 2090677 93488 347177 968236 1095172 16681184 28155255 0 0 0 0 11149853 12505379 0 0 3514872 10145442 10600765 21295295 23106144 -4614111 5049111 87342914 91616817 3516199 3447994 83826715 88168823 X TO INSPIRE THE INNOVATOR IN EVERYONE. THE TECH INTERACTIVE (FORMERLY THE TECH MUSEUM OF INNOVATION) IS A NONPROFIT EXPERIENTIAL LEARNING RESOURCE DESIGNED TO HELP PEOPLE AND COMMUNITIES THRIVE IN A TECHNOLOGICAL AGE. THE TECH DOES THIS WITH EXHIBITS AND PROGRAMS THAT INSPIRE PEOPLE WITH THE POWER OF TECHNOLOGY TO IMPROVE LIVES AND BUILD BETTER COMMUNITIES. 0 0 10880990 2090677 EXHIBITS, PROGRAMS, AND EXPERIENCES: UNRAVEL MYSTERIES AS VAST AS THE COSMOS AND AS PERSONAL AS YOUR HEARTBEAT IN THE TECH INTERACTIVE'S GALLERIES, WHICH OFFER HANDS-ON OPPORTUNITIES TO EXPLORE HOW TECHNOLOGICAL INNOVATION IS CHANGING OUR LIVES. WHETHER YOU HAVE AN HOUR OR A FULL DAY, OUR EXHIBITIONS WILL INSPIRE, EDUCATE AND ENTERTAIN WHILE MAKING YOU WANT TO COME BACK SOON - VISITS TO THE TECH INTERACTIVE ARE NEVER THE SAME TWICE! WE HOPE YOU CARRY THE SPIRIT OF OUR EXHIBITIONS HOME, WHERE THE INNOVATOR INSIDE OF YOU CAN STRIVE TO MAKE OUR WORLD A BETTER PLACE. THE TECH HOSTS TWO ANNUAL SIGNATURE PROGRAMS. THE TECH CHALLENGE IS A TEAM COMPETITION THAT INSPIRES THOUSANDS OF STUDENTS IN GRADES 4-12 TO DESIGN AND BUILD DEVICES THAT SOLVE A REAL-WORLD PROBLEM. FOR 36 YEARS, THE TECH CHALLENGE HAS CONNECTED WITH VARIOUS ETHNIC AND SOCIOECONOMIC COMMUNITIES TO INTRODUCE STUDENTS NOT ONLY TO SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) CONCEPTS, BUT ALSO TO THE THRILL OF HANDS-ON LEARNING AND REAL-WORLD DESIGN. THE TECH FOR GLOBAL GOOD, AN EVOLUTION OF THE TECH AWARDS, AIMS TO INSPIRE YOUNG PEOPLE TO USE TECHNOLOGY TO SOLVE GLOBAL CHALLENGES BY CONNECTING THEM WITH THE PEOPLE DOING JUST THAT AROUND THE WORLD. EVERY EXPERIENCE IS DESIGNED FOR YOU TO EXPLORE, EXPERIMENT, CREATE AND CHALLENGE YOURSELF TO DO MORE WITH TECHNOLOGY. STOP IN FOR A WORKSHOP OR ONE OF OUR MANY ACTIVITIES AND LEAVE WITH NEW SKILLS, AS WELL AS CONFIDENCE IN YOUR ABILITY TO BUILD A BETTER WORLD. 5020034 468628 VISITOR SERVICES: OUR VISITOR SERVICES INCLUDE OPERATIONS, GROUP RESERVATIONS, BIRTHDAY PARTIES, SAFETY AND SECURITY, IMAX, SPECIAL EVENTS, AND VOLUNTEER SERVICES. WE'RE EXCITED TO WELCOME YOU BACK FOR A FUN AND SAFE SCIENCE LEARNING EXPERIENCE. THE TECH HOSTS AS MANY AS 500,000 PEOPLE A YEAR IN ITS GALLERIES AND PROGRAMS AND HAS APPROXIMATELY 3,500 MEMBER HOUSEHOLDS. YOUR SUPPORT ALLOWS US TO OFFER A VARIETY OF IN-PERSON AND VIRTUAL PROGRAMS TO UNDERSERVED STUDENTS ACROSS THE BAY AREA. WE RELY ON YOUR SUPPORT FOR OUR EFFORTS INCLUDING THE CREATION OF DIGITAL ACTIVITIES AND EDUCATIONAL RESOURCES AND PROVIDING SAFE LEARNING PROGRAMS FOR STUDENTS DURING THE PANDEMIC. 1321964 EDUCATION: EDUCATION IS AT THE HEART OF EVERYTHING WE DO AT THE TECH. WE ENCOURAGE CURIOSITY FOR SCIENCE, ENGINEERING, MATH AND TECHNOLOGY IN STUDENTS ON FIELD TRIPS, EDUCATORS IN OUR PROFESSIONAL DEVELOPMENT PROGRAMS, AND FAMILIES IN OUR COMMUNITIES. WE STRIVE TO ENSURE THAT EVERYONE WE SERVE HAS THE OPPORTUNITY TO LEARN SKILLS THE FUTURE WILL DEMAND. EDUCATIONAL LEARNING EXPERIENCES INCLUDE BUT ARE NOT LIMITED TO: DESIGN CHALLENGE LEARNING, THE TECH AT HOME, PROFESSIONAL DEVELOPMENT FOR TEACHERS, FIELD TRIPS, AND VIRTUAL STUDENT PROGRAMS. 17222988 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 65 0 1 198 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X THE ORGANIZATION 4087956116 201 SOUTH MARKET STREET SAN JOSE CA 95113 KATRINA STEVENS PRESIDENT AND CEO 40.00 X 380557 0 60555 MARIA PAPPAS VP DEVELOPMENT 40.00 X 197514 0 30000 HARVARD SUNG CHIEF FINANCIAL/OPERATIONS OFFICER 40.00 X 191090 0 19908 NATALIE ALVANEZ-TAYLOR VICE PRESIDENT, ENGAGEMENT AND EXP 40.00 X 187016 0 3236 AMANDA DANIEL MONROE HEAD OF PEOPLE 40.00 X 161075 0 22500 GRETCHEN WALKER CHIEF LEARNING OFFICER 40.00 X 148540 0 25824 ERICA BARRUETO CHIEF OF STAFF, VP OF EXHIBITS 40.00 X 137523 0 22500 KELLY CASTELLON SENIOR DIRECTOR DEVELOPMENT 40.00 X 136739 0 17950 JOHN VIEIRA DIRECTOR OF EXHIBITS 40.00 X 133779 0 1886 LOLITA ACAY SALES AND SPECIAL EVENTS DIRECTOR 40.00 X 130096 0 0 GERALD HELD BOARD CHAIR 2.00 X X 0 0 0 MATTHEW A SAPP VICE CHAIR, PRESIDENT ELECT 4.00 X X 0 0 0 TINA KNAUSS BOARD TREASURER 1.00 X X 0 0 0 RAQUEL GONZALEZ BOARD SECRETARY 1.00 X X 0 0 0 MALA ANAND DIRECTOR 1.00 X 0 0 0 MARIMO BERK DIRECTOR 1.00 X 0 0 0 GLORIA CHEN DIRECTOR 1.00 X 0 0 0 JUAN CRUZ DIRECTOR 1.00 X 0 0 0 JAMES DEICHEN DIRECTOR 4.00 X 0 0 0 CHRIS DIGIORGIO DIRECTOR 4.00 X 0 0 0 CARL ESCHENBACH DIRECTOR 1.00 X 0 0 0 SABRINA FARMER DIRECTOR 1.00 X 0 0 0 SHIKOH GITAU DIRECTOR 1.00 X 0 0 0 AYMERIC GISSELBRECHT DIRECTOR 1.00 X 0 0 0 WILLIAM HEIL DIRECTOR 1.00 X 0 0 0 JOHN HEINLEIN DIRECTOR 1.00 X 0 0 0 KATE HOGAN DIRECTOR 1.00 X 0 0 0 SHANNON HUNT-SCOTT DIRECTOR 4.00 X 0 0 0 PRIYA KANNAN PHD DIRECTOR 1.00 X 0 0 0 JOE KAVA DIRECTOR 1.00 X 0 0 0 RANDY KRENZIN DIRECTOR 1.00 X 0 0 0 PAT MCGOVERN DIRECTOR 1.00 X 0 0 0 LISA MILLORA DIRECTOR 1.20 X 0 0 0 JODY MORTIMORE DIRECTOR 1.20 X 0 0 0 OMKARAM NALAMASU DIRECTOR 1.00 X 0 0 0 JANINE PELOSI DIRECTOR 1.00 X 0 0 0 DANIEL PEREZ DIRECTOR 2.00 X 0 0 0 LINDO ST ANGEL DIRECTOR 1.00 X 0 0 0 KEN WASHINGTON PHD DIRECTOR 1.00 X 0 0 0 SEAN WHITE DIRECTOR 1.00 X 0 0 0 1803929 0 204359 21 0 1 0 VELOCITY GLOBAL 1701 PLATTE ST 210 DENVER CO 80202 FUNDRAISING 137070 1 400015 4236958 19985256 443853 24622229 ADMISSION AND FEES 611710 1808925 1808925 IMAX (EDUCATION) 900099 281752 281752 2090677 347177 621 346556 530360 283552 246808 246808 246808 674458 205830 468628 468628 IMAX (HOLLYWOOD) 900099 174951 174951 REFUND 900099 149470 149470 SERVICE FEES 900099 40732 40732 14583 14583 379736 28155255 2559305 175572 798149 X 1200951 326055 677382 197514 9854761 7746728 482573 1625460 654323 421419 90309 142595 795344 604266 58350 132728 20710 20710 169699 169699 650 650 3337616 2566277 225657 545682 807758 344612 463146 78140 25191 17491 35458 28205 15503 4165 8537 286775 285775 1000 3182715 2458971 569414 154330 5966 3279 881 1806 944608 921806 6014 16788 248442 239247 1485 7710 THE TECH CHALLENGE 590299 373023 43325 173951 MATERIALS AND SUPPLIES 566669 566669 EQUIPMENT RENTAL 331301 323501 7800 MEALS 1212 666 179 367 23106144 17222988 2368284 3514872 73392 166043 3975200 3079676 2316109 9010566 18165 21189 66494 69482 41981469 34972718 5886720 7008751 32165024 29741896 42841810 42519214 87342914 91616817 1633751 1394173 282850 274865 1599598 1778956 3516199 3447994 X 10325048 8611063 73501667 79557760 83826715 88168823 87342914 91616817 X 5049111 2701479 -3408482 X X 0 1 X 1 0 X 21033563 9385140 15385115 10710875 24622229 81136922 23531078 1024683 1015200 1005480 995518 27571959 44564641 10409823 16400315 11716355 25617747 108708881 11258487 97450394 239648 60357 357044 814867 876916 2348832 17034 41693 105489 204785 369001 111426714 10277534 0.87460 0.86930 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 17,034. 2021 AMOUNT: $ 41,693. 2022 AMOUNT: $ 2,104. 2023 AMOUNT: $ 14,583. SERVICE FEES - 2022 AMOUNT: $ 64,751. 2023 AMOUNT: $ 40,732. REFUND - 2022 AMOUNT: $ 38,634. 2023 AMOUNT: $ 149,470. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23742386 2514659 1410746 24846299 23938350 1112927 1308891 23742386 27300679 -1705854 1656475 23938350 21494321 6583345 776987 27300679 21312919 947394 765992 21494321 0.00000 0.67280 0.32720 0 0 13290405 13062285 228120 8264561 8103448 161113 20426503 13806985 6619518 7008751 CERTIFICATES OF DEPOSIT 7248472 F MONEY MARKET FUNDS 4395662 F FIXED INCOME FUNDS 249535 F VENTURE CAPITAL FUNDS 5205931 F EQUITY FUNDS 12642296 F 29741896 CITY OF SAN JOSE LEASE 40816203 LIQUOR LICENSE 20000 OPERATING LEASE RIGHT OF USE ASSETS 1683011 42519214 OPERATING LEASE LIABILITIES 1778956 1778956 X 29429810 2701479 1084344 -3000000 785823 28643987 650 -489382 -488732 28155255 25087702 1084344 897864 1982208 23105494 650 650 23106144 PART V, LINE 4: THE INTENDED USE OF THE TECH'S ENDOWMENT FUNDS IS TO PROVIDE A DEPENDABLE AND GROWING SOURCE OF FUNDING FOR THE SUPPORT OF OPERATIONS, SPECIAL PROGRAMS, AND CAPITAL IMPROVEMENTS OF THE TECH. PART X, LINE 2: THE TECH HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (THE CODE) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE, AND FROM CALIFORNIA INCOME TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. ALTHOUGH AN ORGANIZATION IS RECOGNIZED AS TAX EXEMPT, IT IS STILL LIABLE FOR TAX ON ITS UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TECH BELIEVES IT DOES NOT HAVE UBTI THAT WILL RESULT IN AN INCOME TAX LIABILITY AT JUNE 30, 2024 AND 2023. THE TECH APPLIES THE PROVISIONS SET FORTH IN FASB ASC TOPIC 740, INCOME TAXES, TO ACCOUNT FOR THE UNCERTAINTY IN INCOME TAXES. THE TECH HAS ASSESSED ALL INCOME TAX POSITIONS TAKEN WHERE THE STATUTE OF LIMITATION REMAINS OPEN. THE TECH BELIEVES ITS TAX FILING POSITIONS WILL BE SUSTAINED UPON TAX EXAMINATION; THEREFORE, NO LIABILITY FOR UNCERTAIN INCOME TAX POSITIONS HAS BEEN RECORDED AT JUNE 30, 2024 AND 2023. THE TECH DOES NOT ANTICIPATE ANY SIGNIFICANT INCREASES OR DECREASES TO UNCERTAIN INCOME TAX POSITIONS DURING THE NEXT TWELVE MONTHS. THE TECH'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990) IS SUBJECT TO EXAMINATION, GENERALLY FOR THREE YEARS AFTER IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THE TECH'S CALIFORNIA EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN IS SUBJECT TO EXAMINATION, GENERALLY FOR FOUR YEARS AFTER IT IS FILED WITH THE FRANCHISE TAX BOARD. PART XI, LINE 2D - OTHER ADJUSTMENTS: WRITTEN OFF PLEDGE -3,000,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -205,830. RENTAL EXPENSE -283,552. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 205,830. RENTAL EXPENSE 283,552. BENEFICIAL INTEREST IN USE OF FACILITIES 408,482. 0 0 0 0 0 0 0 0 0 KATRINA STEVENS PRESIDENT AND CEO 380557 0 0 0 0 0 52500 0 8055 0 441112 0 0 0 MARIA PAPPAS VP DEVELOPMENT 197514 0 0 0 0 0 30000 0 0 0 227514 0 0 0 HARVARD SUNG CHIEF FINANCIAL/OPERATIONS OFFICER 191090 0 0 0 0 0 9600 0 10308 0 210998 0 0 0 NATALIE ALVANEZ-TAYLOR VICE PRESIDENT, ENGAGEMENT AND EXP 187016 0 0 0 0 0 0 0 3236 0 190252 0 0 0 AMANDA DANIEL MONROE HEAD OF PEOPLE 161075 0 0 0 0 0 22500 0 0 0 183575 0 0 0 GRETCHEN WALKER CHIEF LEARNING OFFICER 148540 0 0 0 0 0 21404 0 4420 0 174364 0 0 0 ERICA BARRUETO CHIEF OF STAFF, VP OF EXHIBITS 137523 0 0 0 0 0 22500 0 0 0 160023 0 0 0 KELLY CASTELLON SENIOR DIRECTOR DEVELOPMENT 136739 0 0 0 0 0 15450 0 2500 0 154689 0 0 0 X 16 440373 FMV X 3 3480 FMV 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS AND APPROVES THE FILING OF THE RETURNS. ALL BOARD MEMBERS ARE SENT A FINAL DRAFT OF THE RETURNS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, EACH CORPORATE OFFICER, THE HIGHEST RANKING OR CHIEF MANAGEMENT OFFICIAL, THE HIGHEST RANKING OR CHIEF FINANCIAL OFFICER, EACH KEY EMPLOYEE OF THE TECH, AND OTHERS THAT THE TECH MAY IDENTIFY, IS REQUIRED TO SIGN A STATEMENT THAT: 1) AFFIRMS THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY; AND 2) DISCLOSES THE PERSON'S INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. ALL SUCH STATEMENTS BY DIRECTORS AND OFFICERS ARE REQUIRED TO BE FILED WITH THE RECORDS OF THE BOARD OR COMMITTEE; STATEMENTS BY OTHERS SHALL BE RETAINED IN THEIR PERSONNEL FILES. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE APPROVES COMPENSATION FOR THE CEO AND CFO. THE ORGANIZATION PERIODICALLY CONDUCTS AND/OR REVIEWS COMPENSATION COMPARISONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 294,555. MANAGEMENT AND GENERAL EXPENSES 79,136. FUNDRAISING EXPENSES 162,192. TOTAL EXPENSES 535,883. MAINTENANCE SERVICES: PROGRAM SERVICE EXPENSES 1,819,181. MANAGEMENT AND GENERAL EXPENSES 48,859. FUNDRAISING EXPENSES 103,531. TOTAL EXPENSES 1,971,571. ARCHITECTURAL PLANNING: PROGRAM SERVICE EXPENSES 119,546. MANAGEMENT AND GENERAL EXPENSES 32,118. FUNDRAISING EXPENSES 65,826. TOTAL EXPENSES 217,490. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 39,401. MANAGEMENT AND GENERAL EXPENSES 10,585. FUNDRAISING EXPENSES 21,695. TOTAL EXPENSES 71,681. EDUCATION: PROGRAM SERVICE EXPENSES 3,747. MANAGEMENT AND GENERAL EXPENSES 1,007. FUNDRAISING EXPENSES 2,063. TOTAL EXPENSES 6,817. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 423. MANAGEMENT AND GENERAL EXPENSES 113. FUNDRAISING EXPENSES 233. TOTAL EXPENSES 769. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 89,026. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,026. AV SERVICES: PROGRAM SERVICE EXPENSES 192,234. MANAGEMENT AND GENERAL EXPENSES 51,646. FUNDRAISING EXPENSES 105,850. TOTAL EXPENSES 349,730. DESIGN SERVICES: PROGRAM SERVICE EXPENSES 7,834. MANAGEMENT AND GENERAL EXPENSES 2,105. FUNDRAISING EXPENSES 4,314. TOTAL EXPENSES 14,253. PHOTOGRAPHY SERVICES: PROGRAM SERVICE EXPENSES 330. MANAGEMENT AND GENERAL EXPENSES 88. FUNDRAISING EXPENSES 182. TOTAL EXPENSES 600. FUNDRAISING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 79,796. TOTAL EXPENSES 79,796. FORM 990, PART XI, LINE 9: WRITTEN OFF PLEDGE -3,000,000. BENEFICIAL INTEREST IN USE OF FACILITIES -408,482. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS.