2021-02-01T17:00:34-06:00 2020-06-30 941341042 FRANK RIMERMAN & CO LLP 1801 PAGE MILL ROAD PALO ALTO CA 94304 990 2019-07-01 942864660 THE TECH INTERACTIVE TECH 4087956116 201 SOUTH MARKET STREET SAN JOSE CA 95113 HARVARD SUNG CHIEF FINANCIAL & OPERATION OFFICER 4087956116 2021-01-22 1 PRERNA JAGADA P01063809 6508458100 2021-01-22 2019 2022-09-23 18:48:47Z HARVARD SUNG 201 SOUTH MARKET STREET SAN JOSE CA 95113 43222899 0 X WWW.THETECH.ORG X 1983 CA TO INSPIRE THE INNOVATOR IN EVERYONE. 33 33 250 357 191639 0 8786133 21033563 5555068 3418091 471691 239601 0 0 14812892 24691255 0 0 0 0 9643404 10255395 0 0 1923752 12741140 11807353 22384544 22062748 -7571652 2628507 66669411 95110086 2022084 4860156 64647327 90249930 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 14982990 3226405 THE MISSION OF THE TECH IS TO INSPIRE THE INNOVATOR IN EVERYONE. THE TECH ACCOMPLISHES ITS MISSION BY ENGAGING VISITORS IN HANDS-ON LEARNING EXPERIENCES INVOLVING SCIENCE AND TECHNOLOGY, THROUGH HIGH-QUALITY PROFESSIONAL DEVELOPMENT FOR TEACHERS AND BY MAKING ITS FACILITIES AVAILABLE FOR TEACHER TRAINING, AND OTHER COMMUNITY CONVENING. THROUGH ITS EXHIBITS, PROGRAMS AND FACILITIES, THE TECH AIMS TO INSPIRE LEARNING AND INVIGORATE INNOVATION LOCALLY, NATIONALLY AND GLOBALLY. THE TECH'S LEARNING EXPERIENCES INCLUDE INTERACTIVE EXHIBITS, HANDS-ON SCIENCE LABS, AFTER-SCHOOL ACTIVITIES AND STANDARDS-BASED EDUCATIONAL IMAX FILMS. THE TECH ALSO 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 33 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 HOSTS AS MANY AS 500,000 PEOPLE A YEAR IN ITS GALLERIES AND PROGRAMS AND HAS APPROXIMATELY 4,000 MEMBER HOUSEHOLDS. 534913 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. 15517903 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 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 58 0 1 250 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 33 33 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 TIM RITCHIE FORMER PRESIDENT AND CEO 40.00 X 341055 0 25220 HARVARD SUNG CHIEF FINANCIAL AND OPERAT 40.00 X 184096 0 1305 GRETCHEN WALKER VP EDUCATION 40.00 X 185736 0 18309 RACHEL WILNER VP MARKETING 40.00 X 165069 0 7770 MARIA PAPPAS VP DEVELOPMENT 40.00 X 191500 0 25476 RUFARO KANGAI FORMER VP TECH FOR GLOBAL GOOD 40.00 X 128136 0 60 CHRISTOPHER DIGIORGIO BOARD CHAIR 4.00 X X 0 0 0 DANIEL WARMENHOVEN VICE CHAIR 2.00 X X 0 0 0 MATTHEW A SAPP BOARD TREASURER 1.00 X X 0 0 0 WILLIAM HEIL BOARD SECRETARY 1.00 X X 0 0 0 MALA ANAND DIRECTOR 0.50 X 0 0 0 MANNY BARBARA DIRECTOR 0.50 X 0 0 0 MARIMO BERK DIRECTOR 1.00 X 0 0 0 ANN BOWERS DIRECTOR 0.50 X 0 0 0 CHRIS BOYD DIRECTOR 1.00 X 0 0 0 GLORIA CHEN DIRECTOR 0.50 X 0 0 0 DAVID CORTESE DIRECTOR 0.50 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 0.50 X 0 0 0 RAQUEL GONZALEZ DIRECTOR 1.00 X 0 0 0 JOHN HEINLEIN DIRECTOR 0.50 X 0 0 0 MIKE HEALD DIRECTOR 0.50 X 0 0 0 GERALD HELD DIRECTOR 2.00 X 0 0 0 DAVE HOUSE DIRECTOR 0.30 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 0.50 X 0 0 0 JAMI NACHTSHEIM 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 ROGER QUINLAN DIRECTOR 1.00 X 0 0 0 CHAD SEILER DIRECTOR 1.00 X 0 0 0 JUDY SWANSON DIRECTOR 0.30 X 0 0 0 STEVE YOUNG DIRECTOR 0.50 X 0 0 0 LINDA ANTONOPOULOS CORPORATE RELATIONS DIRECTOR 40.00 X 123793 0 25889 ERICA BARRUETO DENIOR DIRECTOR BOWERS INSTITUTE 40.00 X 108797 0 107 DAN RUTH IT DIRECTOR 40.00 X 148715 0 18717 KRISTA THOMAS SENIOR CREATIVE DIRECTOR 40.00 X 113541 0 93 KAREN TOSTE SENIOR DIRECTOR, MAJOR GIFTS 40.00 X 132586 0 6923 1823024 0 129869 11 1 1 0 0 1535980 19497583 2594879 21033563 ADMISSIONS AND FEES 611710 1739707 1739707 IMAX TICKET SALES 900099 716778 525092 191686 FACILITY RENTAL 900099 571045 571045 VISITORS SERVICES 900099 307818 307818 STORE REVENUE 453220 82743 82743 3418091 239601 -47 239648 18531644 18531644 0 24691255 3226405 191639 239648 1195592 405920 598172 191500 7670801 5881833 1177914 611054 758277 533451 156719 68107 630725 448905 125531 56289 253042 253042 92484 92484 56398 56398 2045887 1172076 750519 123292 301383 32497 247682 21204 655871 544917 98914 12040 189243 189243 1969494 1580545 275530 113419 60328 39431 17911 2986 3059007 3007394 31951 19662 105213 89144 9182 6887 TECH FOR GLOBAL GOOD 923322 534913 388409 OTHER EXPENSES 783135 392243 344794 46098 IN KIND GOODS 565059 329016 236043 BUILDING AND EQUIPMENT 469148 470202 -1054 278339 195189 56388 26762 22062748 15517903 4621093 1923752 88208 43767 1499068 3146870 3141144 4457759 691271 755316 286276 208901 38212216 28969469 10988841 9242747 29710399 34863404 20264204 42391322 66669411 95110086 1418912 631633 603172 294743 2000000 1933780 2022084 4860156 X 11636049 10433166 53011278 79816764 64647327 90249930 66669411 95110086 2628507 847018 22127078 0 X X 0 1 X 1 0 X 14405122 12392946 20438835 8786133 21033563 77056599 1254969 1246048 1236549 1226502 23531078 28495146 15660091 13638994 21675384 10012635 44564641 105551745 17655038 87896707 284153 273204 307731 471781 239648 1576517 107128262 25366466 0.82050 0.74400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21312919 947394 765992 21494321 20122645 1942286 752012 21312919 15617577 4000000 1255068 750000 20122645 14571442 1812737 766602 15617577 15479179 -163737 744000 14571442 1.00000 0 0 11905988 11325325 580663 7649127 5805305 1843822 18657101 11838839 6818262 9242747 EQUITY FUNDS 18012982 F VENTURE CAPITAL FUNDS & PARTNERSHIPS 3082679 F CERTIFICATES OF DEPOSIT 13767743 F 34863404 CITY OF SAN JOSE LEASE 42391322 42391322 X 49012953 847018 23531078 24378096 24634857 56398 56398 24691255 23410350 1404000 1404000 22006350 56398 56398 22062748 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 ORGANIZATION APPLIES THE PROVISIONS SET FORTH IN FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION TOPIC 740 TO ACCOUNT FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION ASSESSED ALL INCOME TAX POSITIONS TAKEN WHERE THE STATUTE OF LIMITATION REMAINED OPEN. THE ORGANIZATION BELIEVES THAT ITS TAX FILING POSITIONS WILL BE SUSTAINED UPON TAX EXAMINATIONS; THEREFORE, NO LIABILITY FOR UNRECOGNIZED INCOME TAX BENEFITS HAS BEEN RECORDED AT JUNE 30, 2020. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT INCREASES OR DECREASES TO UNRECOGNIZED INCOME TAX BENEFITS DURING THE NEXT 12 MONTHS. X X 1 0 0 0 0 0 0 0 0 TIM RITCHIE FORMER PRESIDENT AND CEO 341055 0 0 0 0 0 0 0 25220 0 366275 0 0 0 HARVARD SUNG CHIEF FINANCIAL AND OPERAT 184096 0 0 0 0 0 0 0 1305 0 185401 0 0 0 GRETCHEN WALKER VP EDUCATION 185736 0 0 0 0 0 0 0 18309 0 204045 0 0 0 RACHEL WILNER VP MARKETING 165069 0 0 0 0 0 0 0 7770 0 172839 0 0 0 MARIA PAPPAS VP DEVELOPMENT 191500 0 0 0 0 0 0 0 25476 0 216976 0 0 0 RUFARO KANGAI FORMER VP TECH FOR GLOBAL GOOD 57303 0 0 0 70833 0 0 0 60 0 128196 0 0 0 DAN RUTH IT DIRECTOR 148715 0 0 0 0 0 0 0 18717 0 167432 0 0 0 PART I, LINE 4A TECH INTERACTIVE PAID THE FORMER VP OF TECH FOR GLOBAL GOOD SEVERANCE IN THE AMOUNT OF $70,833. X 13 1693850 FMV X 3 1000 FMV X EQUIPMENT 2 584409 FMV X ENTERTAINMENT 3 228920 FMV X ELECTRONICS 3 50828 FMV X OTHER GOODS 18 26870 FMV X WINE 5 6768 FMV X TRAVEL 2 2234 FMV 0 0 1 0 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 18 THE ORGANIZATION MAKES THESE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE OR UPON REQUEST. 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 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.