2022-02-22T17:58:24-06:00 2021-06-30 941341042 FRANK RIMERMAN & CO LLP 1801 PAGE MILL ROAD PALO ALTO CA 94304 990 2020-07-01 942864660 THE TECH INTERACTIVE TECH 4087956116 201 SOUTH MARKET STREET SAN JOSE CA 95113 HARVARD SUNG CHIEF FINANCIAL & OPERATION OFFICER 4087956116 2022-02-18 1 HARVARD SUNG 999009999 PRERNA JAGADA P01063809 6508458100 2022-02-18 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z HARVARD SUNG 201 SOUTH MARKET STREET SAN JOSE CA 95113 17670507 0 X WWW.THETECH.ORG X 1983 CA TO INSPIRE THE INNOVATOR IN EVERYONE. 31 31 362 165 -140 0 21033563 9385140 3418091 295502 239601 179470 0 17034 24691255 9877146 0 0 0 0 10255395 7854799 0 0 1081131 11807353 8525869 22062748 16380668 2628507 -6503522 95110086 93525395 4860156 3196976 90249930 90328419 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 8098726 295502 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 34 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. 3143105 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. 965228 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. 12207059 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 52 0 1 362 1 0 0 0 0 0 0 0 0 0 0 0 0 X 31 31 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 MARIA PAPPAS VP DEVELOPMENT 40.00 X 197867 0 26000 GRETCHEN WALKER CHIEF LEARNING OFFICER 40.00 X 201096 0 19500 HARVARD SUNG CHIEF FINANCIAL & OPERATIONS OFFICER 40.00 X 192012 0 5200 RACHEL WILNER VP MARKETING AND BUS DEVELOPMENT 40.00 X 181640 0 9403 DAN RUTH IT DIRECTOR 40.00 X 141054 0 19500 LINDA ANTONOPOULOS CORPORATE RELATIONS DIRECTOR 40.00 X 132293 0 26000 KELLY CASTELLON PHILANTHROPY DIRECTOR 40.00 X 109935 0 11417 KRISTA THOMAS SENIOR CREATIVE DIRECTOR 40.00 X 116442 0 0 ERICA BARRUETO ASSOCIATE VP, LEARNING PRODUCT DEVELOPMENT 40.00 X 111557 0 0 KATRINA STEVENS PRESIDENT AND CEO 40.00 X 87463 0 0 CHRISTOPHER DIGIORGIO CHAIR 4.00 X X 10557 0 0 DANIEL WARMENHOVEN VICE CHAIR 2.00 X X 0 0 0 MATTHEW A SAPP TREASURER 1.00 X X 0 0 0 WILLIAM HEIL SECRETARY 1.00 X X 0 0 0 MALA ANAND DIRECTOR 1.00 X 0 0 0 MANNY BARBARA DIRECTOR 1.00 X 0 0 0 MARIMO BERK DIRECTOR 1.00 X 0 0 0 ANN BOWERS DIRECTOR 1.00 X 0 0 0 CHRIS BOYD DIRECTOR 1.00 X 0 0 0 GLORIA CHEN DIRECTOR 1.00 X 0 0 0 DAVID CORTESE DIRECTOR 1.00 X 0 0 0 JAMES DEICHEN DIRECTOR 4.00 X 0 0 0 MOHANA DISSANAYAKE DIRECTOR 1.00 X 0 0 0 CARL ESCHENBACH DIRECTOR 1.00 X 0 0 0 AYMERIC GISSELBRECHT DIRECTOR 1.00 X 0 0 0 RAQUEL GONZALEZ DIRECTOR 1.00 X 0 0 0 JOHN HEINLEIN DIRECTOR 1.00 X 0 0 0 MIKE HEALD DIRECTOR 1.00 X 0 0 0 GERALD HELD DIRECTOR 2.00 X 0 0 0 DAVE HOUSE DIRECTOR 1.00 X 0 0 0 SHANNON HUNT-SCOTT 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 JAMI NACHTSHEIM DIRECTOR 1.00 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 ROGER QUINLAN DIRECTOR 1.00 X 0 0 0 CHAD SEILER DIRECTOR 1.00 X 0 0 0 JUDY SWANSON DIRECTOR 1.00 X 0 0 0 STEVE YOUNG DIRECTOR 1.00 X 0 0 0 1481916 0 117020 18 0 1 0 0 5614917 3770223 590533 9385140 ADMISSIONS AND FEES 611710 295502 295502 295502 60217 -140 60357 7912614 7793361 119253 119253 119253 MISCELLANEOUS 900099 17034 17034 17034 9877146 295502 -140 196644 X 930738 319202 387669 223867 5854612 4629968 881828 342816 598193 306472 281635 10086 471256 345733 87597 37926 29597 29597 155210 155210 58841 58841 2742249 2001001 605831 135417 115030 36135 73002 5893 474096 433853 38736 1507 5246 5246 673582 477303 150949 45330 62924 62924 2276833 2199226 48043 29564 95795 70367 18342 7086 TECH FOR GLOBAL GOOD 1145724 906907 238817 EXHIBIT RENTAL 394500 263560 128836 2104 PROPERTY TAX 71016 47445 23192 379 BUILDING AND EQUIP RENT 69589 69589 155637 95052 60246 339 16380668 12207059 3092478 1081131 43767 71391 3146870 2550202 4457759 3704988 755316 208901 84155 38733654 31246302 9242747 7487352 34863404 37615302 42391322 42012005 95110086 93525395 631633 1122522 294743 139078 2000000 1933780 1933780 0 1596 4860156 3196976 X 10433166 8397606 79816764 81930813 90249930 90328419 95110086 93525395 -6503522 7011328 -429317 0 X X 0 1 X 1 0 X 12392946 20438835 8786133 21033563 9385140 72036617 1246048 1236549 1226502 23531078 1024683 28264860 13638994 21675384 10012635 44564641 10409823 100301477 18254252 82047225 273204 307731 471781 239648 60357 1352721 17034 17034 101671232 19569429 0.80700 0.82050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21494321 6583345 776987 27300679 21312919 947394 765992 21494321 20122645 1942286 752012 21312919 15617577 4000000 1255068 750000 20122645 14571442 1812737 766602 15617577 0.00000 1.00000 0.00000 0 0 13046633 12211739 834894 7670287 6988312 681975 18016734 12046251 5970483 7487352 EQUITY FUNDS 21020343 F VENTURE CAPITAL FUNDS & PARTNERSHIPS 5496001 F CERTIFICATES OF DEPOSIT 11098958 F 37615302 CITY OF SAN JOSE LEASE 42012005 42012005 CAPITAL LEASE OBLIGATION 1596 1596 X 18284751 7011328 1455118 -58841 8407605 9877146 0 9877146 18206262 1884435 1884435 16321827 58841 58841 16380668 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, 2021 AND 2020. 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 UNRECOGNIZED INCOME TAX BENEFITS HAS BEEN RECORDED AT JUNE 30, 2021 AND 2020. THE TECH DOES NOT ANTICIPATE ANY SIGNIFICANT INCREASES OR DECREASES TO UNRECOGNIZED INCOME TAX BENEFITS 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: INVESTMENT MGMT FEES X X 0 0 0 0 0 0 0 0 0 MARIA PAPPAS VP DEVELOPMENT 197867 0 0 0 0 0 0 0 26000 0 223867 0 0 0 GRETCHEN WALKER CHIEF LEARNING OFFICER 201096 0 0 0 0 0 0 0 19500 0 220596 0 0 0 HARVARD SUNG CHIEF FINANCIAL & OPERATIONS OFFICER 192012 0 0 0 0 0 0 0 5200 0 197212 0 0 0 RACHEL WILNER VP MARKETING AND BUS DEVELOPMENT 181640 0 0 0 0 0 0 0 9403 0 191043 0 0 0 DAN RUTH IT DIRECTOR 141054 0 0 0 0 0 0 0 19500 0 160554 0 0 0 LINDA ANTONOPOULOS CORPORATE RELATIONS DIRECTOR 132293 0 0 0 0 0 0 0 26000 0 158293 0 0 0 X 13 590533 FMV 0 1 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 OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 2,001,001. MANAGEMENT AND GENERAL EXPENSES 605,831. FUNDRAISING EXPENSES 135,417. TOTAL EXPENSES 2,742,249. 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.