2019-02-01T19:03:01-06:00 2018-06-30 941341042 FRANK RIMERMAN & CO LLP 1801 PAGE MILL ROAD PALO ALTO CA 94304 990 2017-07-01 942864660 THE TECH MUSEUM OF INNOVATION TECH 4087956116 201 SOUTH MARKET STREET SAN JOSE CA 95113 TIM RITCHIE PRESIDENT 4087956116 2019-01-28 1 PRERNA JAGADA P01063809 6508458100 2019-01-28 50.204.21.130 2019-01-28 08:10:40 PS P 7CAE80CF36A82037C0CAA620300064F68CC117B1 49C3ED6CC4A2DDA8F7F8C95636100B28621B816B 2017 2019-02-21 02:37:17Z TIM RITCHIE 201 SOUTH MARKET STREET SAN JOSE CA 95113 32040486 0 X WWW.THETECH.ORG X 1983 CA TO INSPIRE THE INNOVATOR IN EVERYONE. 31 31 185 412 413247 -124611 12355793 20438835 5400171 5635454 244204 307747 -153962 0 17846206 26382036 300000 0 0 0 9396393 10029375 0 0 1506293 9846331 11748599 19542724 21777974 -1696518 4604062 67145816 73771510 1736418 2741576 65409398 71029934 X TO INSPIRE THE INNOVATOR IN EVERYONE. THE TECH 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 16925111 5222223 THE MISSION OF THE TECH MUSEUM OF INNOVATION (THE MUSEUM) IS TO INSPIRE THE INNOVATOR IN EVERYONE. THE MUSEUM 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, TECH INDUSTRY RESEARCH AND OTHER COMMUNITY CONVENING. THROUGH ITS EXHIBITS, PROGRAMS AND FACILITIES, THE MUSEUM AIMS TO INSPIRE LEARNING AND INVIGORATE INNOVATION LOCALLY, NATIONALLY AND GLOBALLY. THE MUSEUM'S LEARNING EXPERIENCES INCLUDE INTERACTIVE EXHIBITS, HANDS-ON SCIENCE LABS, AFTER-SCHOOL ACTIVITIES AND STANDARDS-BASED EDUCATIONAL IMAX FILMS. THE MUSEUM 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 31 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. THE MUSEUM HOSTS AS MANY AS 500,000 PEOPLE A YEAR IN ITS GALLERIES AND PROGRAMS AND HAS APPROXIMATELY 7,000 MEMBER HOUSEHOLDS. 16925111 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 55 0 1 185 1 1 1 0 0 0 0 1 1 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 TIM RITCHIE PRESIDENT 40.00 X 368727 0 1187 HARVARD SUNG CFO 40.00 X 179794 0 1196 BILL BAILOR VP OPERATIONS 40.00 X 176109 0 417 MARIA PAPPAS VP DEVELOPMENT 40.00 X 195855 0 458 GRETCHEN WALKER VP EDUCATION 40.00 X 193029 0 297 RACHEL WILNER VP MARKETING 40.00 X 153951 0 150 CHRISTOPHER DIGIORGIO BOARD CHAIR 4.00 X X 0 0 0 DANIEL WARMENHOVEN BOARD VICE CHAIR 2.00 X X 0 0 0 MATTHEW SAPP BOARD TREASURER 1.00 X X 0 0 0 ROGER QUINLAN 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 RUBA BORNO 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 AYMERIC GISSELBRECHT DIRECTOR 0.50 X 0 0 0 JOHN GIUBILEO DIRECTOR 0.50 X 0 0 0 RAQUEL GONZALEZ DIRECTOR 1.00 X 0 0 0 WILLIAM HEIL DIRECTOR 0.50 X 0 0 0 JOHN HEINLEIN 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 JOE KAVA DIRECTOR 1.00 X 0 0 0 RANDY KRENZIN DIRECTOR 0.50 X 0 0 0 SMITH MCKEITHEN DIRECTOR 1.00 X 0 0 0 JAMI NACHTSHEIM DIRECTOR 1.20 X 0 0 0 OMKARAM NALAMASU DIRECTOR 1.00 X 0 0 0 STUART PANN DIRECTOR 1.00 X 0 0 0 DANIEL PEREZ DIRECTOR 2.00 X 0 0 0 FRANK QUATTRONE 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 EVIE WILLIAMS DIRECTOR 1.00 X 0 0 0 LINDA ANTONOPOULOS CORPORATE RELATIONS DIR. 40.00 X 117738 0 784 MAUREEN LANGAN DIRECTOR OF SPECIAL EVENTS 40.00 X 158627 0 361 AMY PIZARRO SR. DIR. MARKETING 40.00 X 118381 0 116 KAREN TOSTE ANNUAL FUND DIRECTOR 40.00 X 121580 0 119 LINDA TSAI FOUNDATIONS RELATIONS DIR. 40.00 X 144073 0 217 1927864 0 5302 11 0 1 0 0 1132637 19306198 2303506 20438835 ADMISSIONS AND FEES 611710 2983058 2983058 IMAX TICKET SALES 900099 1228226 814995 413231 FACILITY RENTAL 900099 692930 692930 VISITORS SERVICES 900099 542921 542921 STORE REVENUE 453220 188319 188319 5635454 307747 16 307731 5658450 5658450 0 26382036 5222223 413247 307731 1271170 369852 705005 196313 7391822 5734526 916303 740993 758545 540433 136672 81440 607838 427420 113445 66973 177263 177263 141580 141580 45799 45799 840525 439392 366133 35000 867382 646930 194278 26174 926255 838625 49894 37736 369815 369815 1912333 1621422 169927 120984 118069 76586 28302 13181 3491332 3438816 32934 19582 114681 95488 10967 8226 TECH CHALLENGE 794057 760874 1563 31620 BUILDING AND EQUIPMENT 699030 691778 2041 5211 FEES AND SERVICES 432725 309026 114434 9265 OTHER EXPENSES 392138 152420 132096 107622 425615 411708 7934 5973 21777974 16925111 3346570 1506293 293657 251422 4749777 6162625 5285591 4499636 804327 1628264 475894 365259 34302018 22508655 11619193 11793363 23308224 28306619 20609153 20764322 67145816 73771510 1214780 2150538 521638 591038 1736418 2741576 X 14847229 14143706 37846463 40170522 12715706 16715706 65409398 71029934 67145816 73771510 4604062 1183925 -167451 0 X X 0 1 X 1 0 X 8569632 14247459 14405122 12392946 20438835 70053994 1271363 1263405 1254969 1246048 1236549 6272334 9840995 15510864 15660091 13638994 21675384 76326328 22481203 53845125 284725 265287 284153 273204 307731 1415100 77741428 27890210 0.69260 0.70500 X 15617577 4000000 1255068 750000 20122645 14571442 1812737 766602 15617577 15479179 -163737 744000 14571442 15626198 535981 683000 15479179 13758673 2515879 648354 15626198 1.00000 0 0 11814490 10039067 1775423 4787995 4787995 0 17699533 7681593 10017940 11793363 EQUITY FUNDS 17697256 F VENTURE CAPITAL FUNDS & PARTNERSHIPS 1940328 F CERTIFICATES OF DEPOSIT 8669035 F 28306619 CITY OF SAN JOSE LEASE 20764322 20764322 X 30143776 1183925 2623614 3807539 26336237 45799 45799 26382036 24523240 2791065 2791065 21732175 45799 45799 21777974 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, 2018. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT INCREASES OR DECREASES TO UNRECOGNIZED INCOME TAX BENEFITS DURING THE NEXT 12 MONTHS. X X 0 0 0 1 0 0 0 0 0 TIM RITCHIE PRESIDENT 328727 0 40000 0 0 0 0 0 1187 0 369914 0 0 0 HARVARD SUNG CFO 174665 0 5129 0 0 0 0 0 1196 0 180990 0 0 0 BILL BAILOR VP OPERATIONS 170980 0 5129 0 0 0 0 0 417 0 176526 0 0 0 MARIA PAPPAS VP DEVELOPMENT 190285 0 5570 0 0 0 0 0 458 0 196313 0 0 0 GRETCHEN WALKER VP EDUCATION 187479 0 5550 0 0 0 0 0 297 0 193326 0 0 0 RACHEL WILNER VP MARKETING 149501 0 4450 0 0 0 0 0 150 0 154101 0 0 0 MAUREEN LANGAN DIRECTOR OF SPECIAL EVENTS 122779 0 35848 0 0 0 0 0 361 0 158988 0 0 0 PART I, LINE 5 DIRECTOR OF SALES AND SPECIAL EVENTS MAUREEN LANGAN RECEIVED A BONUS FOR EXCEEDING HER REVENUE TARGET PER HER SALES BONUS PLAN. X 16 2080947 FMV X 3 3547 FMV X EQUIPMENT 8 171044 FMV X OTHER GOODS 7 16430 FMV X ELECTRONICS 3 13498 FMV X WINE 6 8376 FMV X ENTERTAINMENT 6 8187 FMV X TRAVEL 1 1476 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.