UNIVERSITY CITY SCIENCE CENTER: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY CITY SCIENCE CENTER (EIN 23-1645908)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-08-06
- IRS object ID
- 201812189349300201
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-08-06T06:24:22-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 131639826 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNERAMPER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 130 NORTH 18TH STREET SUITE 3000 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 191032757 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231645908 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY CITY SCIENCE CENTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 2159666045 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3711 MARKET STREET 8TH FLOOR | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19104 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CURTIS M HESS | PersonNm |
| Person Title | INTERIM PRESIDENT | PersonTitleTxt |
| Phone | 2159666045 | PhoneNum |
| Signature | 2018-08-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | EDWARD S LEONARD | PreparerPersonNm |
| PTIN | P01261018 | PTIN |
| Phone | 2158818800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CURTIS M HESS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3711 MARKET STREET SUITE 800 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19104 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $35,519,176 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SCIENCECENTER.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1963 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | TO ACCELERATE TECHNOLOGY COMMERCIALIZATION IN THE GREATER PHILADELPHIA REGION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 80 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,720,575 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,342,285 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $21,569,431 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $22,565,755 | CYProgramServiceRevenueAmt |
| PY Investment Income | $64,965 | PYInvestmentIncomeAmt |
| CY Investment Income | $156,386 | CYInvestmentIncomeAmt |
| PY Other Revenue | $462,830 | PYOtherRevenueAmt |
| CY Other Revenue | $477,831 | CYOtherRevenueAmt |
| PY Total Revenue | $23,817,801 | PYTotalRevenueAmt |
| CY Total Revenue | $24,542,257 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $842,410 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $415,653 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,444,137 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,802,368 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $729,375 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,088,062 | PYOtherExpensesAmt |
| CY Other Expenses | $17,509,954 | CYOtherExpensesAmt |
| PY Total Expenses | $24,374,609 | PYTotalExpensesAmt |
| CY Total Expenses | $23,727,975 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$556,808 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $814,282 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $88,627,776 | TotalAssetsBOYAmt |
| Total Assets EOY | $85,155,120 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $67,396,604 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $65,428,467 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $21,231,172 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $19,726,653 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ACCELERATE COMMERCIALIZATION OF THE REGION'S MOST PROMISING SCIENCE AND TECHNOLOGY INNOVATIONS, THEREBY PROMOTING TECHNOLOGY-BASED ECONOMIC DEVELOPMENT, COLLABORATION, EDUCATION AND THE CONTINUING REDEVELOPMENT OF THE SCIENCE CENTER CAMPUS IN UNIVERSITY CITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $2,832,504 | ExpenseAmt |
| Grant | $415,653 | GrantAmt |
| Revenue | $5,171,672 | RevenueAmt |
| Desc | SCIENCE & TECHNOLOGYSEE DETAIL SCHEDULE O NARRATIVE | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,343,314 | ExpenseAmt |
| Revenue | $54,818 | RevenueAmt |
| Desc | COMMUNITY ENGAGEMENTSEE DETAIL SCHEDULE O NARRATIVE | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $13,140,412 | ExpenseAmt |
| Revenue | $17,839,265 | RevenueAmt |
| Desc | RESEARCH PARKSEE DETAIL SCHEDULE O NARRATIVE | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $17,316,230 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 123 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 80 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (1) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | 0 | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | UNIVERSITY CITY SCIENCE CENTER | PersonNm |
| Phone | 2159666000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3711 MARKET STREET STE 800 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19104 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DARIO C ALTIERI | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KERRY BENSON | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| M BRIAN BLAKE | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH J BLANK | ||||||||
| BOARD MEMBER - VICE CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DAWN A BONNELL | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| CRAIG R CARNAROLI | ||||||||
| BOARD MEMBER - CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CHRISTOPHER M CASHMAN | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| ERNEST J DIANASTASIS | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL A DIPIANO | ||||||||
| BOARD MEMBER - VICE CHAIRMAN | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| GLEN N GAULTON | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| JANE H HOLLINGSWORTH | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| OSAGIE O IMASOGIE | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| J LARRY JAMESON | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| DAVID R KING | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN K KLASKO | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| CARL KOPFINGER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KENNETH L KRING | ||||||||
| BOARD MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 | |||
| KEITH LEAPHART | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM J MARRAZZO | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| MICHELE MASUCCI | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| JEREMY NOWAK | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| KEITH A ORRIS | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| KATHLEEN M SHAY | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN SPINELLI JR PHD | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN TANG | ||||||||
| PRESIDENT AND CEO (THROUGH 1/31/18) | 40.00 | Yes (X) | $658,713 | $0 | $47,410 | Yes (X) | ||
| THOMAS J TODOROW | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD W VAGUE | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| TARA L WEINER | ||||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN ZARRILLI | ||||||||
| BOARD MEMBER | 0.30 | Yes (X) | $0 | $0 | $0 | |||
| SAUL BEHAR | ||||||||
| VP & GENERAL COUNSEL, SECRETARY | 40.00 | $337,326 | $0 | $56,110 | Yes (X) | |||
| RACHEL CERVANTES | ||||||||
| VP OF CORPORATE DEVELOPMENT (EFF. 5/1/17) | 40.00 | $142,076 | $0 | $7,864 | Yes (X) | |||
| CURTIS HESS | ||||||||
| SENIOR VP REAL ESTATE | 10.00 | $90,930 | $272,790 | $59,058 | Yes (X) | 30.00 | ||
| LORRAINE LOPRESTI | ||||||||
| CFO AND VP OF FIN. & ADMIN., TREASURER | 20.00 | $89,783 | $89,783 | $25,446 | Yes (X) | 20.00 | ||
| JEANNE MELL | ||||||||
| VP MKTG/COMMUNICATION & CO | 40.00 | $233,245 | $0 | $38,915 | Yes (X) | |||
| WENYONG WANG | ||||||||
| VP OF SCIENCE & TECHNOLOGY (EFF 7/24/17) | 40.00 | $99,559 | $0 | $780 | Yes (X) | |||
| CHRISTOPHER LAING | ||||||||
| VP OF SCIENCE & TECHNOLOGY (FORMER) | 40.00 | $175,014 | $0 | $22,360 | Yes (X) | |||
| RICHARD SOUTHERLAND | ||||||||
| DIRECTOR OF CONSTRUCTION | 1.00 | $0 | $122,449 | $18,606 | 40.00 | Yes (X) | ||
| PETER MELLEY | ||||||||
| DIRECTOR, NEW VENTURES | 40.00 | $128,651 | $0 | $12,883 | Yes (X) | |||
| MARY ROBERTSON | ||||||||
| PROPERTY MANAGER | 1.00 | $0 | $139,910 | $28,710 | 40.00 | Yes (X) | ||
| JEFFERY ANDREWS | ||||||||
| SENIOR PROPERTY MANAGER | 1.00 | $0 | $167,134 | $17,726 | 40.00 | Yes (X) | ||
| CLAYTON MORAVEC III | ||||||||
| CORPORATE CONTROLLER | 20.00 | $63,633 | $63,633 | $17,548 | 20.00 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,018,930 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $855,699 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $353,416 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GDI SERVICESS INC | |||||
| 780 5TH AVE STE 115 | KING OF PRUSSIA | PA | 19406 | JANITORIAL SERVICES | $666,695 |
| BELCHER ROOFING CORP | |||||
| 111 COMMERCE DR | MONTGOMERYVILLE | PA | 18936 | CONSTRUCTION SERVICES | $425,161 |
| ALLIED BARTON SECURITY SERVICES | |||||
| PO BOX 828854 | PHILADELPHIA | PA | 19182 | SECURITY SERVICES | $366,816 |
| LAZ PARKING MIDATLANTIC | |||||
| 15 LEWIS STREET 5TH FLOOR | HARTFORD | CT | 06103 | PARKING MANAGEMENT | $222,000 |
| HERMAN GOLDNER & CO INC | |||||
| 7777 BREWSTER AVENUE | PHILADELPHIA | PA | 19153 | CONSTRUCTION SERVICES | $184,368 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $94,450 | FundraisingAmt |
| Government Grants | $819,966 | GovernmentGrantsAmt |
| All Other Contributions | $427,869 | AllOtherContributionsAmt |
| Total Contributions | $1,342,285 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RENTAL INCOME FROM EXEMPT-PURPOSE | 532000 | $17,839,265 | $17,839,265 |
| EQUITY IN JOINT VENTURE PARTNERSH | 531390 | $3,125,351 | $3,125,351 |
| INCUBATOR OPERATIONS | 541900 | $1,546,321 | $1,546,321 |
| BUSINESS & COMMUNITY NETWORK | 541900 | $54,818 | $54,818 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $22,565,755 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $163,963 | TotalRevenueColumnAmt |
| Exclusion | $163,963 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,919,423 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $10,927,000 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$7,577 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$7,577 | TotalRevenueColumnAmt |
| Exclusion | -$7,577 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $27,750 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $94,450 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $49,919 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$22,169 | TotalRevenueColumnAmt |
| Exclusion | -$22,169 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL CONTRIBUTION TO PHASE 1 V | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $500,000 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $500,000 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $500,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,542,257 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,065,755 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $134,217 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415,653 | TotalAmt |
| Program Services | $415,653 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,027,573 | TotalAmt |
| Program Services | $895,682 | ProgramServicesAmt |
| Management And General | $785,381 | ManagementAndGeneralAmt |
| Fundraising | $346,510 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,773,171 | TotalAmt |
| Program Services | $1,389,057 | ProgramServicesAmt |
| Management And General | $1,098,640 | ManagementAndGeneralAmt |
| Fundraising | $285,474 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $238,504 | TotalAmt |
| Program Services | $122,822 | ProgramServicesAmt |
| Management And General | $88,848 | ManagementAndGeneralAmt |
| Fundraising | $26,834 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,354 | TotalAmt |
| Program Services | $208,381 | ProgramServicesAmt |
| Management And General | $159,476 | ManagementAndGeneralAmt |
| Fundraising | $34,497 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,766 | TotalAmt |
| Program Services | $178,888 | ProgramServicesAmt |
| Management And General | $145,818 | ManagementAndGeneralAmt |
| Fundraising | $36,060 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,315 | TotalAmt |
| Program Services | $10,315 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $74,687 | TotalAmt |
| Program Services | $17,636 | ProgramServicesAmt |
| Management And General | $57,051 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,500 | TotalAmt |
| Program Services | $6,200 | ProgramServicesAmt |
| Management And General | $127,300 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,760 | TotalAmt |
| Management And General | $211,760 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,083,571 | TotalAmt |
| Program Services | $339,409 | ProgramServicesAmt |
| Management And General | $744,162 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $323,410 | TotalAmt |
| Program Services | $49,010 | ProgramServicesAmt |
| Management And General | $274,400 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $721,485 | TotalAmt |
| Program Services | $315,625 | ProgramServicesAmt |
| Management And General | $405,860 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,815,370 | TotalAmt |
| Program Services | $6,452,478 | ProgramServicesAmt |
| Management And General | $362,892 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,349 | TotalAmt |
| Program Services | $18,091 | ProgramServicesAmt |
| Management And General | $76,258 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,535,271 | TotalAmt |
| Program Services | $2,535,271 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,398,540 | TotalAmt |
| Program Services | $3,524,396 | ProgramServicesAmt |
| Management And General | $874,144 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275,088 | TotalAmt |
| Program Services | $204,796 | ProgramServicesAmt |
| Management And General | $70,292 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| SECURITY | $451,067 | $449,230 | $1,837 |
| OTHER TAXES | $284,248 | $101,988 | $182,260 |
| MISCELLANEOUS | $52,004 | $49,125 | $2,879 |
| BAD DEBT | $45,289 | $32,177 | $13,112 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,727,975 | TotalAmt |
| Program Services | $17,316,230 | ProgramServicesAmt |
| Management And General | $5,682,370 | ManagementAndGeneralAmt |
| Fundraising | $729,375 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,461,252 | BOYAmt |
| EOY | $9,991,973 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,350,196 | BOYAmt |
| EOY | $4,891,158 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,648,512 | BOYAmt |
| EOY | $1,315,204 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $454,425 | BOYAmt |
| EOY | $150,769 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $111,644,506 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,170,486 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,753,583 | BOYAmt |
| EOY | $53,474,020 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,300,738 | BOYAmt |
| EOY | $6,736,538 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,016,000 | BOYAmt |
| EOY | $1,577,056 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,625,909 | BOYAmt |
| EOY | $4,279,820 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,017,161 | BOYAmt |
| EOY | $2,738,582 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,627,776 | BOYAmt |
| EOY | $85,155,120 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,754,218 | BOYAmt |
| EOY | $3,290,558 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,249,533 | BOYAmt |
| EOY | $58,840,084 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,392,853 | BOYAmt |
| EOY | $3,297,825 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,396,604 | BOYAmt |
| EOY | $65,428,467 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,312,839 | BOYAmt |
| EOY | $19,543,320 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $918,333 | BOYAmt |
| EOY | $183,333 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,231,172 | BOYAmt |
| EOY | $19,726,653 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,627,776 | BOYAmt |
| EOY | $85,155,120 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $814,282 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$147,282 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,171,519 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,233,705 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,332,245 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,605,546 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,720,575 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,342,285 | CurrentTaxYearAmt |
| Total | $11,234,356 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,757,011 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $21,368,957 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $22,673,873 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,569,431 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,565,755 | CurrentTaxYearAmt |
| Total | $106,935,027 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,990,716 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,701,202 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,279,419 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,290,006 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,908,040 | CurrentTaxYearAmt |
| Total | $118,169,383 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,136,550 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,821,274 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,158,257 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,669,187 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,066,628 | CurrentTaxYearAmt |
| Total | $61,851,896 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,136,550 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,821,274 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,158,257 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,669,187 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,066,628 | CurrentTaxYearAmt |
| Total | $61,851,896 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $56,317,487 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $180,442 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $145,181 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $146,048 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $90,931 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $163,963 | CurrentTaxYearAmt |
| Total | $726,565 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $180,442 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $145,181 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $146,048 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $90,931 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $163,963 | CurrentTaxYearAmt |
| Total | $726,565 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $1,000,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $500,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $500,000 | CurrentTaxYearAmt |
| Total | $2,000,000 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,171,158 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $23,846,383 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,425,467 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,880,937 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,572,003 | CurrentTaxYearAmt |
| Total | $120,895,948 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.46580 | PublicSupportCY509Pct |
| Public Support PY509 | 0.47460 | PublicSupportPY509Pct |
| Investment Income CY | 0.00600 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00600 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | CAPITAL CONTRIBUTION TO PHASE 1 VENTURES - 2015 AMOUNT: $ 1,000,000. 2016 AMOUNT: $ 500,000. 2017 AMOUNT: $ 500,000. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | 0 | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $211,759 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $211,759 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE UNIVERSITY CITY SCIENCE CENTER UTILIZED THE SERVICES OF CONSULTANTS TO ASSIST IN THE PROCUREMENT OF PUBLIC SECTOR FUNDING TO SUPPORT ITS PROGRAMS AND CAPITAL PROJECTS. THE CONSULTANTS POSITIONED UCSC TO RECEIVE FUNDING, PRIMARILY THROUGH DIRECT GRANTS. | ExplanationTxt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $247,385 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $37,530 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $284,915 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $239,353 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $8,032 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $247,385 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $234,167 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $5,186 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $239,353 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $227,194 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $6,973 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $234,167 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $206,908 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $20,286 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $227,194 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,212,637 | OtherCostOrOtherBasisAmt |
| Book Value | $5,212,637 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $101,609,591 | OtherCostOrOtherBasisAmt |
| Depreciation | $54,360,800 | DepreciationAmt |
| Book Value | $47,248,791 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,185,232 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,809,686 | DepreciationAmt |
| Book Value | $375,546 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $637,046 | OtherCostOrOtherBasisAmt |
| Book Value | $637,046 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $53,474,020 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS - PROGRAM RELATED | Desc |
| Book Value | $4,279,820 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $4,279,820 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEPOSITS & OTHER CURRENT LIAB. | $1,087,499 |
| OTHER LONG TERM LIABILITIES | $2,210,326 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $3,297,825 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $22,126,660 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $1,366,139 | OtherRevenueAmt |
| Revenue Not Reported | $1,366,139 | RevenueNotReportedAmt |
| Revenue Subtotal | $20,760,521 | RevenueSubtotalAmt |
| Other Revenues Not Included | $3,781,737 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $3,781,737 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $24,542,258 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $27,265,274 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $3,537,299 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $3,537,299 | ExpensesNotReportedAmt |
| Expenses Subtotal | $23,727,975 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $23,727,975 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | DEVELOPMENT FUND INCOME IS ALLOCATED FOR USE IN SCIENCE CENTER OPERATIONS. THE FUND IS AVAILABLE TO SUPPORT WORKING CAPITAL, DEVELOPMENT AND CAPITAL PURPOSES. THE ESTHER M. KLEIN ENDOWMENT FUND SUPPORTS KLEIN GALLERY (EKG) OPERATIONS THROUGH STEAM PROGRAMMING, IN AN EFFORT TO PROMOTE ART AND SCIENCE AND ART EDUCATION TO THE SURROUNDING PHILADELPHIA COMMUNITY. |
| PART X, LINE 2: | THE SCIENCE CENTER IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, ALTHOUGH ITS CONSOLIDATED ENTITIES, THE PARK, PTI, PIV, AND SCEC, ARE FOR PROFIT ENTITIES WHICH ARE SUBJECT TO INCOME TAXES. TOTAL FEDERAL AND STATE INCOME TAX EXPENSE FROM THE CONSOLIDATED ENTITIES WAS $180,000 AND $0 FOR THE YEARS ENDED DECEMBER 31, 2017 AND 2016, RESPECTIVELY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE CENTER HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CENTER, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2017 OR 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE CENTER WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | REVENUE OF CONSOLIDATED SUBSIDIARIES 996,220. QED MATCH 320,000. DIRECT FUNDRAISING EXPENSES 49,919. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | EQUITY IN NET EARNINGS (LOSS) OF JV'S 3,125,351. INVESTMENT INCOME 163,963. REALIZED LOSS ON SALE OF INVESTMENTS -7,577. CONTRIBUTIONS TO PHASE 1 VENTURES 500,000. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENDITURES OF CONSOLIDATED SUBSIDIARIES 3,167,380. QED PROGRAM MATCH 320,000. DIRECT FUNDRAISING EXPENSES 49,919. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | NUCLEUS EVENT | Event1Nm |
| Gross Receipts Event1 | $122,200 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $94,450 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $27,750 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $4,181 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $24,651 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $21,087 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $122,200 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $94,450 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $27,750 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $4,181 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $24,651 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $21,087 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $49,919 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$22,169 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ROWAN UNIVERSITY | |||||||
| 201 MULLICA HILL ROAD | GLASSBORO | NJ | 08028 | 222764819 | 501(C)(3) | $100,000 | QED PROOF OF CONCEPT FUNDING |
| THE PENNSYLVANIA STATE UNIVERSITY | |||||||
| 500 UNIVERSITY DRIVE | HERSHEY | PA | 17033 | 246000376 | 501(C)(3) | $100,000 | QED PROOF OF CONCEPT FUNDING |
| HOSPITAL UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT STREET | PHILADELPHIA | PA | 19104 | 231352685 | 501(C)(3) | $100,000 | QED PROOF OF CONCEPT FUNDING |
| IMMERGE LABS LLC | |||||||
| 3401 GRAYS FERRY AVE BLDG 176-1004 | PHILADELPHIA | PA | 19146 | 814724734 | N/A | $25,000 | DIGITAL HEALTH ACCELERATOR FUNDING |
| REGDESK INC | |||||||
| 3401 MARKET STREET SUITE 200 | PHILADELPHIA | PA | 19104 | 465749922 | N/A | $25,000 | DIGITAL HEALTH ACCELERATOR FUNDING |
| REPISODIC INC | |||||||
| 614 S 4TH STREET NUM 112 | PHILADELPHIA | PA | 19147 | 821095813 | N/A | $25,000 | DIGITAL HEALTH ACCELERATOR FUNDING |
| PAINQX INC | |||||||
| 1 YORKTOWN CIRCLE | KENNETT SQUARE | PA | 19348 | 474331446 | N/A | $25,000 | DIGITAL HEALTH ACCELERATOR FUNDING |
| ONE HEALTH | |||||||
| 3401 MARKET STREET SUITE 201 | PHILADELPHIA | PA | 19104 | 811182918 | N/A | $15,143 | DIGITAL HEALTH ACCELERATOR FUNDING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 3 | Total501c3OrgCnt |
| Total Other Org | 5 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANT FUNDS MONITORING AT UCSC IS AN ORGANIZATION-WIDE ENDEAVOR. THE GRANT PROCESS IS COORDINATED FROM APPLICATION THROUGH CLOSE OUT WITH OVERSIGHT PROVIDED BY AN EXECUTIVE STAFF MEMBER. AWARD DOCUMENTATION AND APPLICABLE LAWS ARE REVIEWED TO ENSURE COMPLIANCE WITH THE TERMS AND CONDITIONS OF THE AWARD. IN INSTANCES WHERE THE SCIENCE CENTER GRANTS SUB-AWARDS, THE SCIENCE CENTER RESERVES THE RIGHT TO REQUEST PROOF OF EXPENDITURE AS WELL AS SUPPORTING DOCUMENTATION TO SUBSTANTIATE EXPENSES FROM THE SUB-RECIPIENT. REPORTING REQUIREMENTS ARE COORDINATED IN CONJUNCTION WITH THE ASSIGNED EXECUTIVE. UPON TERMINATION OF THE AWARD, ALL REQUIRED CLOSE OUT MATERIALS ARE SUBMITTED. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEPHEN TANG | ||||||||||||||
| PRESIDENT AND CEO (THROUGH 1/31/18) | $423,330 | $0 | $204,160 | $0 | $31,223 | $0 | $28,584 | $0 | $18,826 | $0 | $706,123 | $0 | $0 | $0 |
| SAUL BEHAR | ||||||||||||||
| VP & GENERAL COUNSEL, SECRETARY | $245,675 | $0 | $90,942 | $0 | $709 | $0 | $34,187 | $0 | $21,923 | $0 | $393,436 | $0 | $0 | $0 |
| CURTIS HESS | ||||||||||||||
| SENIOR VP REAL ESTATE | $66,890 | $200,671 | $23,849 | $71,547 | $191 | $572 | $9,284 | $27,851 | $5,480 | $16,443 | $105,694 | $317,084 | $0 | $0 |
| LORRAINE LOPRESTI | ||||||||||||||
| CFO AND VP OF FIN. & ADMIN., TREASUR | $80,733 | $80,733 | $8,930 | $8,930 | $120 | $120 | $8,860 | $8,860 | $3,863 | $3,863 | $102,506 | $102,506 | $0 | $0 |
| JEANNE MELL | ||||||||||||||
| VP MKTG/COMMUNICATION & CO | $168,686 | $0 | $63,585 | $0 | $974 | $0 | $24,160 | $0 | $14,755 | $0 | $272,160 | $0 | $0 | $0 |
| CHRISTOPHER LAING | ||||||||||||||
| VP OF SCIENCE & TECHNOLOGY (FORMER) | $101,597 | $0 | $67,611 | $0 | $5,806 | $0 | $17,186 | $0 | $5,174 | $0 | $197,374 | $0 | $0 | $0 |
| MARY ROBERTSON | ||||||||||||||
| PROPERTY MANAGER | $0 | $133,135 | $0 | $6,657 | $0 | $118 | $0 | $12,948 | $0 | $15,762 | $0 | $168,620 | $0 | $0 |
| JEFFERY ANDREWS | ||||||||||||||
| SENIOR PROPERTY MANAGER | $0 | $150,750 | $0 | $15,075 | $0 | $1,309 | $0 | $16,240 | $0 | $1,486 | $0 | $184,860 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | THE SCIENCE CENTER REIMBURSES THE DUES OF THE PRESIDENT/CEO OF THE CENTER PAID TO THE UNION LEAGUE OF PHILADELPHIA. THIS ORGANIZATION INCLUDES AS MEMBERS MANY TOP LEADERS IN BUSINESS, LAW, ACADEMIA, ETC., PROVIDING FACILITIES AND RESOURCES FOR NETWORKING, MEETINGS, AND KNOWLEDGE ENHANCEMENT. MEMBERSHIP IN THE LEAGUE FOSTERS DEVELOPMENT AND ENHANCEMENT OF RELATIONSHIPS WITH RESOURCES AND INDIVIDUALS VITAL TO THE CONTINUATION AND GROWTH OF THE CENTER'S PROGRAMS AND GOALS. |
| PART I, LINE 3 | SEE SCHEDULE O NARRATIVE - FORM 990, PART VI, SECTION B, LINE 15. |
| PART I, LINE 4B | SECTION 457(F) DEFERRED COMPENSATION PLAN. ACCRUED CONTRIBUTION APPLICABLE TO OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED ON SCHEDULE J TOTALED $114,000 FOR THE YEAR ENDED DECEMBER 31, 2017. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (14 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | SCIENCE & TECHNOLOGY QED PROOF OF CONCEPT PROGRAM IN EARLY 2009 THE SCIENCE CENTER LAUNCHED THE NATION'S FIRST MULTI-INSTITUTIONAL PROOF-OF-CONCEPT PROGRAM TO FUND AND PROMOTE THE DEVELOPMENT AND COMMERCIALIZATION OF EARLY-STAGE LIFE SCIENCE TECHNOLOGIES AT ACADEMIC RESEARCH INSTITUTIONS. THIS PROGRAM - NAMED "QED", AFTER THE LATIN PHRASE QUOD ERAT DEMONSTRANDUM ("THAT WHICH MUST BE DEMONSTRATED") - PROVIDES BUSINESS DEVELOPMENT AND FUNDING SUPPORT FOR ACADEMIC RESEARCHERS THROUGHOUT PENNSYLVANIA, NEW JERSEY AND DELAWARE BY SUPPORTING EARLY-STAGE LIFE SCIENCE R&D WITH HIGH COMMERCIAL POTENTIAL. AS ANGEL INVESTORS, VENTURE CAPITALISTS, AND ESTABLISHED COMPANIES INCREASINGLY INVEST IN LATER-STAGE ENTERPRISES, FINDING EARLY-STAGE FUNDING TO ACCELERATE INNOVATION HAS BECOME MORE DIFFICULT. QED ASSISTS PROMISING RESEARCHERS IN BRIDGING THE GAP - OFTEN REFERRED TO AS THE "VALLEY OF DEATH" - BETWEEN PUBLICLY FUNDED LABORATORY RESEARCH AND PRIVATELY-FUNDED TECHNOLOGY COMMERCIALIZATION AND PRODUCT DEVELOPMENT. QED LEVERAGES THE SCIENCE CENTER'S RELATIONSHIPS WITH UNIVERSITIES, GOVERNMENT AGENCIES, AND PUBLIC AND PRIVATE COMPANIES, DRIVING TECHNOLOGY TRANSFER AND NEW BUSINESS FORMATION, ADVANCING ENTREPRENEURSHIP, AND ENCOURAGING INNOVATION, COMPETITIVENESS, AND KNOWLEDGE-BASED RETENTION AND EXPANSION. THE PROGRAM'S KEY GOAL IS TO MARSHAL EXISTING REGIONAL RESOURCES TO SUBSTANTIALLY REDUCE INVESTMENT RISK IN BOTH EARLY-STAGE LIFE SCIENCE AND DIGITAL HEALTH R&D PROJECTS, PREPARING THEM FOR ESTABLISHED HEALTH CARE COMPANIES AND PRIVATE INVESTORS, WITHOUT ADDING TO THE PROLIFERATION OF SUB-SCALE, UNDERCAPITALIZED VENTURES ALREADY IN THE MARKET. BY ENGAGING THE REGION'S ACADEMIC INSTITUTIONS, RESEARCH SCIENTISTS, ENTREPRENEURS, INVESTORS, AND INDUSTRY STAKEHOLDERS IN EARLY-STAGE COMMERCIALIZATION, THE SCIENCE CENTER SEEKS TO INCREASE THE PACE AND VALUE OF TECHNOLOGY TRANSFER IN THE REGION. QED GOES BEYOND A TYPICAL GAP FUND IN TWO PRIMARY RESPECTS THAT CAN BE APPLIED TO ANY RESEARCH AREA. FIRST, IT ADDS COMMERCIAL GUIDANCE AS A CRITICAL, EARLY COMPONENT. THIS GUIDANCE TAKES THE FORM OF BUSINESS ADVISORS, SPECIALIST CONSULTANTS (E.G., PATENT LAWYERS, REGULATORY EXPERTS, AND MEDICAL REIMBURSEMENT CONSULTANTS), TECHNICAL AND CLINICAL REVIEW OF TECHNOLOGY BY OUTSIDE REVIEWERS, AND MARKET-BASED SCREENING AND SELECTION. SECOND, IT PROMOTES COMPETITIVE PARTICIPATION BY A LARGE NUMBER OF RESEARCH INSTITUTIONS, INCORPORATING TRANSPARENT PROCESSES AND IDENTIFYING PROJECTS WITH THE GREATEST COMMERCIAL POTENTIAL. CURRENTLY, A TOTAL OF 21 RESEARCH INSTITUTIONS IN PENNSYLVANIA, NEW JERSEY AND DELAWARE PARTICIPATE IN THE PROGRAM. PROJECTS ARE REVIEWED, PRIORITIZED, AND RECOMMENDED FOR FUNDING BY A SELECTION TEAM COMPRISED EXCLUSIVELY OF PROFESSIONALS WHO WORK IN VENTURE CAPITAL AND INDUSTRY, REPRESENTING NUMEROUS REGIONAL AND NATIONAL FIRMS AND COMPANIES. PARTICIPATING ACADEMIC INSTITUTIONS, INVESTORS, AND COMPANIES ARE LISTED AT HTTP://WWW.SCIENCECENTER.ORG/DISCOVER/QED. EACH PROJECT SELECTED FOR FUNDING RECEIVES UP TO $200,000 OVER 12 MONTHS, WITH HALF OF THE FUNDING PROVIDED BY THE SCIENCE CENTER AND THE OTHER HALF BY THE SCIENTIST'S HOST INSTITUTION. CONTINUED FUNDING DURING THE PROJECT IMPLEMENTATION PHASE IS CONDITIONAL UPON SATISFYING THE OBJECTIVES OUTLINED IN THE R&D PLAN, ACCORDING TO MILESTONES AND SCHEDULE. THE QED STAFF MEETS REGULARLY WITH THE PROJECT TEAMS, AND THE INVESTIGATORS PROVIDE PERIODIC PROGRESS UPDATES ON RESEARCH AND COMMERCIALIZATION ACTIVITIES. DURING THIS PHASE, THE QED STAFF ALSO ASSISTS WITH THE IDENTIFICATION AND PURSUIT OF APPROPRIATE SOURCES OF FOLLOW-ON FUNDING FOR SUCCESSFUL PROJECTS THAT EXIT THE PROGRAM. THROUGH 10 FUNDING CYCLES, QED HAS AWARDED AN AGGREGATE OF MORE THAN $6 MILLION TO 31 PROJECTS AT RESEARCH INSTITUTIONS THROUGHOUT THE TRI-STATE AREA. THE PROGRAM HAS FACILITATED THE FORMATION OF EIGHT STARTUP COMPANIES AND THE LICENSING OF 10 TECHNOLOGIES. IN ADDITION, 13 PROJECTS HAVE LEVERAGED A TOTAL OF $22 MILLION IN FOLLOW-ON FUNDING. PHASE 1 VENTURES (P1V) P1V IS A TECHNOLOGY ACCELERATOR FOR NEW BUSINESS FORMATION AND GROWTH. FOR ACADEMIC INSTITUTIONS SEEKING TO COMMERCIALIZE TECHNOLOGIES THROUGH NEW STARTUPS, P1V IS A TURNKEY APPROACH TO THE MARKET-DRIVEN CREATION AND DEVELOPMENT OF NEW INVESTIBLE COMPANIES. P1V PROVIDES STRATEGIC FUNDING; INDEPENDENT PROVEN MANAGEMENT, CORPORATE STRUCTURE AND RESOURCES THAT AVOID INSTITUTIONAL CONFLICT OF INTEREST; AND CONNECTIONS TO NETWORKS OF ENTREPRENEURS, INVESTORS, AND INDUSTRY PARTNERS. TECHNOLOGIES WITH COMMERCIAL PROMISE ARE SELECTED AND NURTURED FOR THE PREPARATION OF COMPETITIVE GRANT APPLICATIONS. PROJECTS THAT SECURE SBIR/STTR FUNDING THROUGH P1V ARE ELIGIBLE FOR ADDITIONAL SUPPORT AND SERVICES, INCLUDING SUPPLEMENTARY FUNDING, MANAGEMENT AND ADVISORY EXPERTISE, AND PHYSICAL SPACE. THE GOAL FOR EACH OF THESE "PHASE 1" PROJECTS IS TO COMPLETE RESEARCH MILESTONES, VALIDATE MARKET OPPORTUNITIES, AND PREPARE AND SUBMIT A COMPETITIVE "PHASE 2" SBIR/STTR APPLICATION. P1V IS A MANAGED, STANDARDIZED, MULTI-INSTITUTIONAL PROCESS THAT LAUNCHES NEW COMPANIES IN A COST-EFFICIENT MANNER, LEVERAGING FEDERAL SBIR/STTR FUNDING. P1V TESTS THE SCIENTIFIC AND MARKET FEASIBILITY OF TECHNOLOGIES FOR NEW COMPANY FORMATION AND LAUNCH, THEREBY ENHANCING THE ABILITY OF THESE PROJECTS TO ATTRACT GRANTS AND PRIVATE SECTOR INVESTMENT. P1V PROVIDES ACCESS TO STRATEGIC FUNDING; INDEPENDENT MANAGEMENT, CORPORATE STRUCTURE AND RESOURCES THAT AVOID INSTITUTIONAL CONFLICTS OF INTEREST; PROVEN EXPERTISE IN EARLY PRODUCT DEVELOPMENT AND PROJECT MANAGEMENT; AND CONNECTIONS TO NETWORKS OF ENTREPRENEURS, INVESTORS, AND INDUSTRY PARTNERS. THROUGH P1V, THE SCIENCE CENTER IS CAPITALIZING ON AND EXPANDING ITS DEEP RELATIONSHIPS WITH UNIVERSITIES AND HEALTHCARE INSTITUTIONS THROUGHOUT THE TRI-STATE AREA AND BEYOND, IN ORDER TO FACILITATE MORE (AND BETTER) START-UP COMPANY FORMATION THAT WILL ULTIMATELY LEAD TO ECONOMIC GROWTH AND JOB CREATION. AS A PUBLIC-PRIVATE PARTNERSHIP, P1V WILL BE ECONOMICALLY VIABLE BECAUSE IT LEVERAGES SBIR/STTR FUNDING AND AGGREGATE RESOURCES THAT CAN BE SHARED AMONG SEVERAL PROJECTS, CREATING ECONOMIES OF SCALE. AS A COLLABORATIVE PLATFORM, P1V PROVIDES GREATER OPPORTUNITIES FOR INVENTORS, INSTITUTIONS, ENTREPRENEURS AND INVESTORS TO FORM AND GROW SPINOUT COMPANIES AROUND EARLY-STAGE TECHNOLOGIES WITH HIGH COMMERCIAL POTENTIAL. SINCE THE INCEPTION OF THE PROGRAM, P1V HAS COMMITTED A TOTAL OF MORE THAN $1.9 MILLION OF FUNDING TO 28 COMPANIES; THESE COMPANIES HAVE SUBSEQUENTLY ATTRACTED A TOTAL OF CLOSE TO $2.4 MILLION OF NON-DILUTIVE FUNDING, PLUS A TOTAL OF $1 MILLION OF FOLLOW-ON INVESTMENT. FOURTEEN RESEARCH INSTITUTIONS ARE REPRESENTED IN THE PROGRAM. THE PORT BUSINESS INCUBATOR THE SCIENCE CENTER'S PORT BUSINESS INCUBATOR HOUSES AND FACILITATES THE GROWTH OF EARLY-STAGE TECHNOLOGY COMPANIES. SINCE THE SCIENCE CENTER'S INCEPTION IN 1963, GRADUATE ORGANIZATIONS AND CURRENT RESIDENTS OF THE INCUBATOR HAVE SUPPORTED MORE THAN 40,000 DIRECT AND INDIRECT JOBS THAT REMAIN IN THE GREATER PHILADELPHIA REGION TODAY AND CONTRIBUTE MORE THAN $13 BILLION TO THE REGIONAL ECONOMY ANNUALLY. THE PORT PROVIDES FACILITATED ACCESS TO AN INNOVATION ENVIRONMENT OF ADVISORY SERVICES, BUSINESS SERVICES, ACADEMIC RESOURCES AND EXPERTISE, AND A 30,000-SQUARE-FOOT BUSINESS INCUBATOR FACILITY. PORT COMPANIES BENEFIT FROM THE SCIENCE CENTER'S BUSINESS ADVISORY COMMUNITY OF PROVEN ENTREPRENEURIAL MENTORS, AND THE SCIENCE CENTER'S SCIENTIFIC ADVISORY COMMITTEE COMPRISING THE SENIOR RESEARCH OFFICERS AT THE REGION'S LEADING RESEARCH INSTITUTIONS. COMPANIES ARE HOUSED WITHIN A PLUG-AND-PLAY, STATE-OF-THE-ART OFFICE AND LABORATORY FACILITY ABLE TO ACCOMMODATE UP TO 150 PERSONNEL. RESIDENTS HAVE ACCESS TO EDUCATIONAL AND NETWORKING EVENTS, BROADBAND CONNECTIVITY, SHARED LABORATORY AND OFFICE EQUIPMENT, AND SHARED CONFERENCE FACILITIES. PORT MANAGERS SUPPORT THE INCUBATION PROCESS, ASSISTING RESIDENTS WITH INDIVIDUAL GROWTH NEEDS AND FACILITATING THEIR "GRADUATION" FROM THE PORT. TYPICAL RESIDENTS HAVE SEED-STAGE TO SERIES A CAPITAL AND 1-25 EMPLOYEES. THE PORT FLEXIBLY ACCOMMODATES THE CHANGING NEEDS OF EMERGING, FAST-GROWTH COMPANIES BY OFFERING FOOTPRINTS FROM VIRTUAL THROUGH SINGLE DESK, TO SINGLE-, DOUBLE- OR TRIPLE-OCCUPANCY OFFICE SPACE, AND A RANGE OF LAB SPACE TO ACCOMMODATE 1 - 16 RESEARCHERS. |
| FORM 990, PART III, LINE 4A | IN FURTHERING THEIR ADVANCEMENT OF SCIENCE, THE INCUBATOR COMPANIES' WORK ENCOMPASSES INNOVATIONS IN THERAPEUTICS, MEDICAL DEVICES, DIAGNOSTICS, RESEARCH TOOLS, BIOINFORMATICS, NANOTECHNOLOGY, INFORMATION TECHNOLOGY, AND CLEAN ENERGY. BASED ON ITS INITIAL SUCCESS AS AN "INCUBATOR OF INCUBATORS," THE PORT HAS CONTINUED TO HOST A NUMBER OF PROGRAMS ON BEHALF OF ACADEMIC INSTITUTIONS, CORPORATIONS, AND GOVERNMENT ORGANIZATIONS WHICH ARE SEEKING FLEXIBLE WAYS TO INCUBATE THEIR OWN BUSINESS VENTURES. PORT STAFF CONTINUES TO SEEK OPPORTUNITIES TO PARTNER AND COLLABORATE WITH DOMESTIC AND FOREIGN ORGANIZATIONS IN BUSINESS INCUBATION AND ACCELERATION. INNOVATION CENTER @3401 LOCATED AT 3401 MARKET STREET, THE INNOVATION CENTER @3401 IS THE LARGEST GROUP OF FUNDED EARLY-STAGE TECH COMPANIES IN PHILADELPHIA. A COLLABORATION BETWEEN THE SCIENCE CENTER AND DREXEL UNIVERSITY, IC@3401 IS ALSO HOME TO DREAMIT VENTURES & CHARACTER LAB. OPENED IN 2014, THIS SYNERGISTIC PROGRAM SUPPORTS INNOVATION, COLLABORATION, AND BUSINESS CREATION; IT IS AN INTEGRATED COMMUNITY DESIGNED TO HELP ENTREPRENEURS GO FROM AN IDEA TO A BUSINESS. PROJECTS THAT ENTER AS TEAMS OF 2 TO 3 GRADUATE AS TEAMS OF 8 TO 12, HAVING OBTAINED THEIR FIRST REVENUES, HIRED THEIR FIRST EMPLOYEES, AND RAISED THEIR FIRST CAPITAL. THE INNOVATION CENTER @3401 BUILDS UPON THE SUCCESS OF DREXEL'S EXCITE CENTER AND THE SCIENCE CENTER'S LONG AND IMPACTFUL TRADITION OF INCUBATING STARTUPS AND CONVENING COMMUNITIES AROUND INNOVATION AND ENTREPRENEURSHIP. IC@3401 CURRENTLY HAS 41 MEMBER COMPANIES; IN 2017, 26 MEMBER COMPANIES RAISED OVER $16 MILLION OF FUNDING AND INVESTMENT. DIGITAL HEALTH ACCELERATOR LAUNCHED IN 2014, THE DIGITAL HEALTH ACCELERATOR FOCUSES ON COMPANIES DEVELOPING A HEALTHCARE PRODUCT COMPRISING A DIGITAL COMPONENT. TO BE ELIGIBLE, COMPANIES MUST HAVE A PRODUCT THAT IS AT LEAST AT PROTOTYPE STAGE AND READY TO BEGIN COMMERCIAL DEVELOPMENT. THE DIGITAL HEALTH ACCELERATOR PROVIDES FUNDING, MENTORSHIP (INTELLECTUAL PROPERTY, SALES AND MARKETING, REGULATORY, FUNDRAISING ETC.), WARM INTRODUCTIONS, AND A FLEXIBLE WORKPLACE FOR PARTICIPANTS. TO DATE, THE COMPANIES IN THE PROGRAM HAVE CREATED MORE THAN 180 JOBS, GENERATED SALES REVENUES OF MORE THAN $20.7 MILLION, AND ATTRACTED INVESTMENTS OF MORE THAN $46.4 MILLION. UCITY SQUARE AS THE SCIENCE CENTER HAS EXPANDED ITS IMPACT AND FOOTPRINT, WE'VE ADAPTED AND EXPANDED OUR OPERATIONS AS WELL. THE CAMPUS THAT THE SCIENCE CENTER HAS BUILT OVER THE LAST 50+ YEARS IS NOW KNOWN AS UCITY SQUARE, A MIXED-USE COMMUNITY THAT WE'RE CONTINUING TO DEVELOP IN PARTNERSHIP WITH WEXFORD SCIENCE + TECHNOLOGY. UCITY SQUARE REFERS TO OUR EXISTING PHYSICAL ASSETS, AS WELL AS THE PLANNED ADDITIONAL 4 MILLION SQUARE FEET OF OFFICE, LAB, RESIDENTIAL AND RETAIL. THE GROWTH OF UCITY SQUARE AS A PHYSICAL DEVELOPMENT LEVERAGES THE SCIENCE CENTER'S VISION OF PHILADELPHIA AS A GLOBAL INNOVATION CITY, BY PROVIDING MORE SPACE FOR COMPANIES TO GROW AND SCALE, MORE COMMUNITY MEMBERS TO INTERACT AND COLLABORATE WITH, AND MORE OPPORTUNITIES FOR PROGRAMMING, EDUCATION, ACCESS, AND INCLUSION. AT UCITY SQUARE, THE SCIENCE CENTER WILL CONTINUE TO EXPAND UPON ITS 50+ YEAR LEGACY OF SUPPORTING INNOVATION, ENTREPRENEURSHIP, AND TECHNOLOGY-BASED ECONOMIC DEVELOPMENT. UCITY SQUARE IS THE PLACE FOR INNOVATION TO HAPPEN - AND THE SCIENCE CENTER IS THE NUCLEUS THAT MAKES IT ALL POSSIBLE. |
| FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: | COMMUNITY ENGAGEMENT THE SCIENCE CENTER SUPPORTS THE COMMUNITY THROUGH A VARIETY OF PROGRAMS AND PARTNERSHIPS, INCLUDING QUORUM, THE REGIONAL AFFINITY INCUBATION NETWORK (RAIN), EDUCATION INITIATIVES SUCH AS OUR FIRSTHAND PROGRAM, AND THE UNIVERSITY CITY KEYSTONE INNOVATION ZONE (UC KIZ). STEAM (SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH) THE SCIENCE CENTER'S STEAM PROGRAMMING ADDS ART TO THE STEM SUBJECTS OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH, TO CREATE PROJECT-BASED PROGRAMS AND WORKSHOPS THAT EMPOWER INDIVIDUALS AND CONVENE COMMUNITIES AROUND CREATIVE APPLICATIONS OF TECHNOLOGY. MANY OF OUR STEAM OFFERINGS FOCUS ON REACHING AT-RISK YOUTH, PRIMARILY IN THE NEIGHBORHOODS SURROUNDING THE SCIENCE CENTER'S WEST PHILADELPHIA CAMPUS, WHILE OTHERS ARE OPEN TO ALL MEMBERS OF THE COMMUNITY. OUR GOAL IS TO SPARK AND NURTURE A LIFELONG INTEREST IN THE STEM DISCIPLINES AND LOWER THE BARRIERS TO ENTRY FOR THOSE SEEKING A CAREER IN A STEM-RELATED FIELD. EQUAL PARTS SCIENCE, TECHNOLOGY, ENGINEERING, ART AND MATH, THE SCIENCE CENTER'S FIRSTHAND INITIATIVE PROVIDES PHILADELPHIA'S CURIOUS MINDS ACCESS TO THE KNOWLEDGE AND RESOURCES OF THE SCIENCE CENTER. BY FUELING DISCOVERY AND EXPLORATION WITH INTERACTIVE PROGRAMMING, WE ARE OPENING THE DOORS FOR THE MINDS OF TOMORROW. USING A COMBINATION OF HIGH- AND LOW-TECH TOOLS PAIRED WITH HANDS-ON PROJECT-BASED LEARNING OPPORTUNITIES, FIRSTHAND OFFERS YEAR-ROUND PROGRAMMING TO YOUTH FREE OF CHARGE. MAKING THE FIRSTHAND EXPERIENCE UNIQUE IS THE LOCATION IN A PROFESSIONAL SCIENCE/BUSINESS ENVIRONMENT, DEMONSTRATIONS IN THE LABS OF COMPANIES WORKING ON THE SCIENCE CENTER CAMPUS, AND MENTORSHIP OPPORTUNITIES WITH SCIENTISTS, DESIGNERS AND ENTREPRENEURS WHO MAKE UP THE SCIENCE CENTER COMMUNITY. DURING 2017, THE FOURTH FULL YEAR OF OPERATION, FIRSTHAND WORKED WITH 307 LOCAL YOUTH AND PROVIDED MORE THAN 4,100 HOURS OF STUDENT ENGAGEMENT THROUGH 28 INDIVIDUAL PROGRAMS AND EVENTS. FIRSTHAND PROGRAMS INCLUDE: - DNA SELFIE ASKS GROUPS OF 10 TO 15 MIDDLE SCHOOL GIRLS TO LOOK AT AND PRESENT THEMSELVES IN A NEW CREATIVE LIGHT. THEY TRANSLATE REAL-LIFE LAB EXPERIENCES BY EXTRACTING THEIR OWN DNA AND STUDYING THEIR OWN CELLS TO TRANSFORM THEM INTO INNOVATIVE SELF-PORTRAITS USING PHOTO-MICROSCOPY, VINYL CUTTERS, LASER CUTTERS AND THEIR OWN INGENUITY. THE GIRLS THEN DESIGN A GROUP EXHIBIT OF THEIR GENETIC "SELFIES" TO EXHIBIT TO THE PUBLIC. - POLYMER PLAY TEACHES YOUTH ABOUT THE INS AND OUTS OF MATERIAL SCIENCE THROUGH MAKING AND BUILDING WITH POLYMERS. REAL-LIFE LAB EXPERIENCES INSPIRE EXPERIMENTS AND CONSTRUCTION PROJECTS. ACTIVITIES INCLUDE MAKING BIO-PLASTIC, RECYCLING PLASTICS INTO NEW MATERIALS, AND EXPERIMENTING WITH TOOLS LIKE VACUUM SEALS, LASER CUTTERS AND POWER TOOLS. A FINAL TEAM PROJECT IS DESIGNED AND BUILT BY THE GROUP, AND THEN EXHIBITED TO THE PUBLIC. - AMPITUP EXPLORES THE INNER WORKINGS OF THE BATTERIES AND CIRCUITS THAT POWER OUR DAILY ACTIVITIES. STUDENTS STEP INTO THE WORLD OF ELECTROCHEMISTRY AND TINKER WITH DESIGNING DIFFERENT TYPES OF BATTERIES AND EXPERIMENTING WITH ELECTRICAL CIRCUITS. PARTICIPANTS LEARN TO USE SOLDERING IRONS, MULTI-METERS, LASER CUTTERS AND HAND TOOLS. AT THE END OF THE PROGRAM THE FINAL PROJECTS ARE PRESENTED TO THE PUBLIC AT THE SCIENCE CENTER. - TASTE TEST, A SUMMER PROGRAM LAUNCHED IN 2016, ENCOURAGES STUDENTS TO PLAY WITH THEIR FOOD AND EXPERIMENT WITH THEIR SENSES. PARTICIPANTS LEARN ABOUT THE FACTORS THAT AFFECT FLAVOR, EXPLORE HOW YOUR SENSES WORK TOGETHER WHEN YOU EAT, AND UNDERSTAND WHY EACH PERSON'S UNIQUE GENETICS INFLUENCE THEIR TASTING EXPERIENCE. USING CULINARY TOOLS, STUDENTS DIVE INTO THE COMPLEX WORLD OF MOLECULAR GASTRONOMY TO CREATE BUBBLES OUT OF GRAPE JUICE AND TURN FRUIT INTO SPAGHETTI, AND THEN DESIGN THEIR OWN EXPERIMENTS AND PRESENT THEM TO THE SCIENCE CENTER COMMUNITY. - PROJECT INQUIRY, ALSO LAUNCHED IN 2016, IS AN INNOVATIVE EIGHT-MONTH PROGRAM FOR HIGH SCHOOL SOPHOMORES THAT EXPLORES CONCEPTS IN ENGINEERING, DESIGN, TECHNOLOGY, AND ENTREPRENEURSHIP. STUDENTS LEARN HOW TO USE LAB EQUIPMENT, INVESTIGATE THE DESIGN PROCESS, AND SOLVE REAL WORLD PROBLEMS USING CUTTING-EDGE TECHNOLOGIES LIKE LASER CUTTERS AND 3D PRINTERS. USING THIS NEWFOUND KNOWLEDGE, THE PARTICIPANTS THEN WORK DIRECTLY WITH PROFESSIONAL SCIENTISTS AND ENTREPRENEURS WHO SERVE AS MENTORS FOR TEAM PROJECTS. - FIRSTHAND TEACHERS INSTITUTE IS AN OPPORTUNITY FOR EDUCATORS LOOKING TO BRING THE TENETS OF STEAM EDUCATION INTO THEIR CLASSROOMS. THE GOAL IS FOR EDUCATORS TO LEARN THE PRACTICE OF DESIGN-BASED STEAM EDUCATION BY EXPERIENCING IT THEMSELVES. THE TAKEAWAYS ARE A RESOURCE KIT FOR INCLUDING STEAM PEDAGOGY IN FUTURE LESSON PLANS. - THE SCIENCE CENTER EXPERIENCE IS A WINDOW INTO THE WORLD OF REAL-LIFE SCIENCE RESEARCH LABS. THE SCIENCE CENTER'S LABS AND OFFICE SPACES ARE TEEMING WITH SCIENTISTS AND ENTREPRENEURS WHO ARE EAGER TO SHARE FIRSTHAND EXPERIENCES OF THEIR WORK AND CAREER PATHS WITH STUDENTS AND TEACHERS. PARTICIPANTS TOUR THE SCIENCE CENTER CAMPUS, VISIT THE LABS AND INTERACT WITH THE RESIDENT SCIENTISTS TO LEARN WHAT IT'S REALLY LIKE TO WORK IN THE STEM DISCIPLINES. THE SCIENCE CENTER'S STEAM PERSONNEL ALSO MANAGE AND OPERATE AN ART GALLERY SPACE ON THE SCIENCE CENTER CAMPUS THAT IS OPEN TO THE PUBLIC, KNOWN AS ESTHER KLEIN GALLERY (EKG). EXHIBITS HELD AT EKG EXPLORE INTERSECTIONS BETWEEN ART, DESIGN, SCIENCE AND TECHNOLOGY. THE PRIMARY AIM OF EKG IS TO EXAMINE NEW ART AND CONTEMPORARY ARTS PRACTICES THAT ARE INFLUENCED BY TECHNOLOGY AND THE SCIENCES, AND TO GENERATE PUBLIC DISCOURSE THROUGH THE EXHIBITION OF CREATIVE WORKS THAT COMMENT ON LIFE AND OUR ENVIRONMENT IN A DIGITAL AGE. EKG CELEBRATED ITS 40TH ANNIVERSARY IN 2016, AND IN 2017 LAUNCHED AN ARTIST-IN-RESIDENCE PROGRAM FOCUSED ON BIOTECHNOLOGY, IN PARTNERSHIP WITH INTEGRAL MOLECULAR, A BIOTECH COMPANY AND UCITY SQUARE RESIDENT. THE GOAL OF THE RESIDENCY PROGRAM IS TO PROVIDE ACCESS, OPPORTUNITY AND AWARENESS FOR ARTISTS TO EXPLORE THE EVER-CHANGING WORLD OF BIOTECHNOLOGY. QUORUM QUORUM IS A SCIENCE CENTER INITIATIVE THAT UNITES THE REGION'S ENTREPRENEURSHIP AND INNOVATION COMMUNITIES THROUGH A CENTRAL, NEUTRAL GATHERING SPACE AT 3711 MARKET STREET AND PROGRAMS THAT CONNECT ENTREPRENEURS TO INVESTORS AND ADVICE. AN EFFORT TO SUPPORT LONG-TERM COLLABORATIVE REGIONAL ECONOMIC DEVELOPMENT, QUORUM STRENGTHENS THE REGION'S CULTURE OF TECHNOLOGY-BASED ECONOMIC DEVELOPMENT BY OFFERING PROGRAMS AND FACILITATING CONNECTIONS BETWEEN ENTREPRENEURS, INNOVATORS, FUNDERS AND RESOURCE ORGANIZATIONS, WITH THE ULTIMATE GOAL OF INNOVATION, COMPANY FORMATION AND JOB CREATION. BETWEEN JUNE 2011 WHEN QUORUM OPENED ITS DOORS AND DECEMBER 31, 2017, 70, 043 PEOPLE PARTICIPATED IN 1,146 EVENTS AND PROGRAMS IN QUORUM. IN 2017, MORE THAN 11,400 PEOPLE PARTICIPATED IN 187 QUORUM PROGRAMS AND EVENTS. REGIONAL AFFINITY INCUBATION NETWORK (RAIN) RAIN IS A REGIONAL NETWORK OF 75-PLUS RESEARCH PARKS, BUSINESS INCUBATORS, CO-WORKING SPACES, ACCELERATORS AND SUPPORT ORGANIZATIONS IN PENNSYLVANIA, NEW JERSEY AND DELAWARE THAT SHARE INFORMATION, CAPABILITIES AND OPPORTUNITIES - AS WELL AS BUILD STRENGTH ACROSS THE REGION. LAUNCHED IN 2009, RAIN HAS EXPANDED TO INCLUDE THE DIVERSE GROUP OF CO-WORKING SPACES, ACCELERATORS AND OTHER MODELS THAT SUPPORT ENTREPRENEURSHIP IN THE REGION. MORE THAN 150 PEOPLE ATTENDED THE 9TH ANNUAL RAIN CONFERENCE IN JULY 2017. TITLED DIVERSITY & ACCESS: BUILDING AN INCLUSIVE ENTREPRENEURIAL COMMUNITY, THE CONFERENCE EXPLORED HOW INNOVATION COMMUNITIES ARE ENGAGING A DIVERSE AND INCLUSIVE POPULATION WITH ENTREPRENEURSHIP. AFTER A KEYNOTE FROM THE EWING MARION KAUFFMAN FOUNDATION'S DIRECTOR OF ENTREPRENEURIAL COMMUNITIES, PHILIP GASKIN, THE CONFERENCE LOOKED AT EXISTING SUCCESSFUL PROGRAMS THAT PROMOTE DIVERSITY, INVESTORS FOCUSED ON MAKING AN IMPACT, AND RESOURCES THAT EXPAND OPPORTUNITY BEYOND THE STATUS QUO. UNIVERSITY CITY KEYSTONE INNOVATION ZONE THE SCIENCE CENTER IS ONE OF THE FOUNDING PARTNERS AND THE FISCAL AGENT OF THE UNIVERSITY CITY KEYSTONE INNOVATION ZONE (UC KIZ), A PARTNERSHIP DESIGNED TO BUILD KNOWLEDGE-BASED ECONOMIES AND CULTIVATE ENTREPRENEURSHIP IN PENNSYLVANIA. HOME TO NUMEROUS LIFE SCIENCES AND IT STARTUPS, SEVERAL MAJOR UNIVERSITIES, NON-PROFIT RESEARCH INSTITUTES, AND RESEARCH AND TEACHING HOSPITALS, THE UC KIZ COMMUNITY HAS THE INFRASTRUCTURE AND RESOURCES THAT GROWING LIFE SCIENCES AND IT COMPANIES NEED. UC KIZ PARTNERS INCLUDE BIOADVANCE, DREXEL UNIVERSITY, THOMAS JEFFERSON UNIVERSITY, UNIVERSITY CITY SCIENCE CENTER, THE UNIVERSITY OF PENNSYLVANIA, UNIVERSITY OF THE SCIENCES AND THE WISTAR INSTITUTE. THIRTY-SIX UC KIZ COMPANIES RECEIVED A COLLECTIVE $2.4 MILLION IN TAX CREDITS AWARDED BY THE PENNSYLVANIA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT IN 2017 AS PART OF THE KEYSTONE INNOVATION ZONE (KIZ) TAX CREDIT PROGRAM. SINCE 2006, OVER $12.7 MILLION IN KIZ TAX CREDITS HAVE BEEN AWARDED TO 79 COMPANIES IN THE UNIVERSITY CITY KIZ. |
| FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS: | RESEARCH PARK THE SCIENCE CENTER LEGACY CAMPUS ENCOMPASSES 17 ACRES, 15 BUILDINGS, AND 2.5 MILLION SQUARE FEET WITHIN A FOUR-BLOCK AREA THAT IS HOME TO 100 COMPANIES EMPLOYING 8,000 PEOPLE. CURRENTLY, THE SCIENCE CENTER OWNS AND MANAGES APPROXIMATELY 1.5 MILLION SQUARE FEET OF SPACE IN SEVEN BUILDINGS, INCLUDING THREE INCUBATORS FOR FLEDGLING BUSINESSES. IN KEEPING WITH THE AGILITY OF ENTREPRENEURS, SHORT-TERM LEASES ARE AVAILABLE, WITH OPPORTUNITIES FOR GROWTH. IN 2014, WE OPENED OUR NEWEST OFFICE AND LAB BUILDING AT 3737 MARKET STREET, A 332,000-SQUARE-FOOT MIXED USE PROPERTY. THE ANCHOR TENANT IS PENN PRESBYTERIAN MEDICAL CENTER'S CENTER FOR SPECIALTY CARE. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE OWNERSHIP OF SHARES OF THE CORPORATION IS RESTRICTED TO CORPORATIONS QUALIFIED FOR EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. |
| FORM 990, PART VI, SECTION A, LINE 7A | ANNUAL STOCKHOLDER MEETINGS: AFTER EACH ANNUAL ELECTION OF DIRECTORS, THE BOARD OF DIRECTORS MEETS FOR THE PURPOSE OF ORGANIZATION, ELECTION OF A CHAIRMAN OF THE BOARD AND OTHER OFFICERS, AND THE TRANSACTION OF OTHER BUSINESS AT THE OFFICE OF THE CORPORATION. |
| FORM 990, PART VI, SECTION A, LINE 7B | REGULAR AND ANNUAL MEETINGS ARE HELD FOR THE TRANSACTION OF BUSINESS. SPECIAL MEETINGS MAY ALSO BE HELD AT THE DIRECTION OF THREE OR MORE SHAREHOLDERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE COMPLETED 990 IS PRESENTED FOR REVIEW AND DISCUSSION BY THE AUDIT COMMITTEE, AND IS SUBSEQUENTLY MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER AND EXEMPT EMPLOYEE IS REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE FORM, INDICATING THAT HE/SHE UNDERSTANDS THE POLICY AND WILL ALERT THE ORGANIZATION SHOULD A CONFLICT OCCUR. THIS PROCESS IS OVERSEEN BY THE SCIENCE CENTER'S GENERAL COUNSEL. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD HIRED SULLIVAN COTTER ON DECEMBER 24, 2013 TO REVIEW CEO AND EXECUTIVE COMPENSATION AND PROVIDE BENCHMARK INFORMATION ON SALARY AND INCENTIVE COMPENSATION. AN ARRAY OF 501 C3 AND FOR-PROFIT BENCHMARKS WERE INCLUDED IN THE STUDY IN ORDER TO COMPARE ENTITIES AND THEIR COMPENSATION STRUCTURES THAT REPRESENTED BUSINESS AND SERVICE OPERATIONS OF A COMPARABLE NATURE. THE FINDINGS FROM THE SULLIVAN COTTER STUDY WERE AND HAVE BEEN INCORPORATED INTO ANNUAL REVIEW AND COMPENSATION PLANNING FOR THE CEO AND HIS TEAM. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS MANAGEMENT COMPENSATION AND APPROVES ALL CHANGES. IN 2017 THE BOARD REENGAGED SULLIVAN COTTER TO PERFORM AN UPDATED STUDY FOR CEO AND EXECUTIVE COMPENSATION RELATED TO 2018 COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | A PERSON REQUESTING A COPY OF THE GOVERNING DOCUMENTS ETC. PLACES HIS / HER REQUEST WITH THE SECRETARY OF THE UNIVERSITY CITY SCIENCE CENTER. UPON RECEIPT OF THE REQUEST, THE REQUESTED INFORMATION IS MADE AVAILABLE TO THE INTERESTED PARTY. |
| FORM 990, PART VI, SECTION B, LINE 16B: | THE SCIENCE CENTER IS IN THE PROCESS OF DOCUMENTING ITS POLICY REGARDING EVALUATION OF PARTICIPATION IN JOINT VENTURES AND SIMILAR ARRANGEMENTS. PRESENTLY, THE CENTER UNDERTAKES SIGNIFICANT DUE DILIGENCE PRIOR TO ENTERING INTO ANY JOINT VENTURE ARRANGEMENT, WHICH INCLUDES TAKING APPROPRIATE STEPS TO SAFEGUARD THE CENTER'S EXEMPT STATUS WITH RESPECT TO ANY SUCH ARRANGEMENT. |
| FORM 990, PART XI, LINE 9: | NET RPI ACTIVITY -724,317. NET SCEC ACTIVITY 90,415. NET P1V ACTIVITY -1,537,617. |
| FORM 990, PART XII, LINE 2C: | THERE HAS BEEN NO CHANGE DURING THE CURRENT PERIOD BY THE ORGANIZATION IN THE AUDIT OVERSIGHT OR INDEPENDENT AUDITOR SELECTION PROCESS. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| 3701 UNIVERSITY CITY SCIENCE CENTER ASSOCIATES LLC | |||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233040121 | COMMERICAL REAL ESTATE PROPERTY OWNERSHIP AND RENTAL | PA | $1,144,065 | $33,954,655 | UNIVERSITY CITY SCIENCE CENTER |
| 3701 UNIVERSITY CITY SCIENCE CENTER ASSOCIATES LP | |||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233040122 | COMMERICAL REAL ESTATE PROPERTY OWNERSHIP AND RENTAL | PA | $11,556 | $342,976 | UNIVERSITY CITY SCIENCE CENTER |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | Share Of Total IncomeShareOfTotalIncomeAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WHALEY PARTNERS LP | |||||||||||||
| 3711 MARKET STREET 8TH FLOOR | PHILADELPHIA | PA | 19104 | 208824011 | INVESTMENT | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | $135,069 | 0 | 0 | 0.80070 | |
| PHASE I VENTURES LLC | |||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 474150042 | TECHNOLOGY ACCELERATOR | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | $1,074,369 | 0 | Yes (1) | 0.51200 | $172,196 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PORT OF TECHNOLOGY INC | ||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233054794 | INCUBATOR STARTUP SUPPORT | PA | UNIVERSITY CITY SCIENCE CENTER | C | -$93,831 | $1,583,380 | 1.00000 | 0 |
| RESEARCH PARK INC | ||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 232671100 | SERVICES - REAL ESTATE MGMT | PA | UNIVERSITY CITY SCIENCE CENTER | C | $266,076 | $858,650 | 1.00000 | 0 |
| SCEC VENTURES INC | ||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 474043064 | PROPERTY DEVELOPMENT | PA | UNIVERSITY CITY SCIENCE CENTER | C | -$62,075 | $3,249,544 | 1.00000 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (5 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt |
|---|---|
| RESEARCH PARK INC | |
| M | -$458,241 |
| RESEARCH PARK INC - NET INTERCOMPANY CHANGE | |
| P | -$33,738 |
| RESEARCH PARK INC | |
| J | $325,152 |
| SCEC VENTURES INC - NET INTERCOMPANY CHANGE | |
| P | -$110,933 |
| PORT OF TECHNOLOGY INC - NET INTERCOMPANY CHANGE | |
| P | -$232,384 |
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