2018-02-20T19:21:19-06:00 2017-06-30 941341042 FRANK RIMERMAN & CO LLP 1801 PAGE MILL ROAD PALO ALTO CA 94304 990 2016-07-01 942864660 THE TECH MUSEUM OF INNOVATION TECH 4087956116 201 SOUTH MARKET STREET SAN JOSE CA 95113 TIM RITCHIE PRESIDENT 4087956116 2018-02-13 1 PRERNA JAGADA P01063809 6508458100 2018-02-13 50.204.21.130 2018-02-13 08:18:10 PS P A4A75DB7D4FE44BE7F41611C058A83240D39F989 44C3984093640F540E6E549C325DC3D3CE325EA9 2016 2021-01-29 14:40:06Z TIM RITCHIE 201 SOUTH MARKET STREET SAN JOSE CA 95113 26314312 0 X WWW.THETECH.ORG X 1983 CA TO INSPIRE THE INNOVATOR IN EVERYONE. 28 28 172 403 206462 -48043 14405122 12355793 5523163 5400171 273865 244204 -258688 -153962 19943462 17846206 525000 300000 0 0 8926227 9396393 0 0 1524456 8758594 9846331 18209821 19542724 1733641 -1696518 67451823 67145816 1882253 1736418 65569570 65409398 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 10285151 300000 4529722 THE TECH ASPIRES TO BRING TOGETHER, IN ITS 132,000 SQUARE-FOOT FACILITY, EXHIBITS AND PROGRAMS THAT INSPIRE THE INNOVATOR IN EVERYONE. WITH MORE THAN 90 INTERACTIVE EXHIBITS, ALONG WITH STANDARDS-BASED EDUCATIONAL IMAX FILMS, THIS SPACE WELCOMES ON AVERAGE MORE THAN 400,000 VISITORS ANNUALLY, INCLUDING TENS OF THOUSANDS FROM LOCAL K-12 SCHOOLS, TO ENGAGE IN SCIENCE AND TECHNOLOGY EXPERIENCES. ADDITIONALLY, THE TECH HOSTS TWO ANNUAL SIGNATURE PROGRAMS: (1) THE TECH CHALLENGE, A TEAM ENGINEERING DESIGN COMPETITION IN WHICH MORE THAN 2,700 STUDENTS IN GRADES 4-12 DESIGN, BUILD, DOCUMENT AND TEST DEVICES TO SOLVE A REAL-WORLD PROBLEM, AND (2) THE TECH AWARDS, AN INTERNATIONAL PROGRAM THAT HONORS INNOVATORS WHO ARE APPLYING TECHNOLOGY TO CONFRONT HUMANITY'S MOST URGENT CHALLENGES. IN THE FALL OF 2017, THE TECH AWARDS WAS TRANSITIONED TO A YEAR-ROUND PROGRAM CALLED THE TECH FOR GLOBAL GOOD. THE TECH FOR GLOBAL GOOD PROGRAM IS DESIGNED TO CREATE THE NEXT GENERATION OF INNOVATORS READY TO TACKLE THE TOUGHEST CHALLENGES FACING OUR PLANET. THE INAUGURAL EVENT OCCURRED IN NOVEMBER 2017 AND FEATURED EXHIBITS ON THE MUSEUM FLOOR ALLOWING OUR VISITORS TO INTERACT WITH AND BE INSPIRED BY INVENTIONS FOR SOCIAL GOOD. 2463442 529634 THE TECH OFFERS AN ARRAY OF STANDARDS-BASED SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) EDUCATIONAL PROGRAMS, INCLUDING EIGHT HANDS-ON SCIENCE LABS, BILINGUAL WEEKEND WORKSHOPS, AFTER-SCHOOL PROGRAMS AND THE TECH CHALLENGE PROGRAM. ALL OF THESE PROGRAMS ALIGN WITH COMMON CORE STATE STANDARDS. IN ADDITION THE TECH OFFERS EDUCATIONAL IMAX FILMS THAT SUPPORT CALIFORNIA SCIENCE AND SOCIAL STUDIES CONTENT STANDARDS. APPROXIMATELY 117,000 CALIFORNIA STUDENTS IN GRADES K-12 VISITED THE GALLERIES LAST YEAR THROUGH OUR FIELD-TRIP PROGRAM. JUST OVER HALF OF THOSE STUDENTS (63,000) WERE FROM LOW-INCOME TITLE 1 SCHOOLS. MANY OF THESE TITLE 1 STUDENTS ACCESSED OUR FEE-WAIVED SUPPORT FROM DONORS THAT ALLOWED DEEPER ENGAGEMENT WITH SCIENCE AND TECHNOLOGY: OVER 36,000 SAW AN EDUCATIONAL IMAX FILM AND 18,300 STUDENTS PARTICIPATED IN 90-MINUTE LABS LED BY TRAINED INSTRUCTORS. THE TECH REACHES OUT TO A DIVERSE ARRAY OF COMMUNITIES TO INTRODUCE STUDENTS NOT ONLY TO STEM CONCEPTS BUT ALSO TO THE THRILL OF HANDS-ON LEARNING AND REAL-WORLD DESIGN. THE TECH ALSO PROVIDES PROFESSIONAL DEVELOPMENT FOR EDUCATORS IN STEM THROUGH THE TECH ACADEMIES OF INNOVATION PROGRAM AND CLASSES IN THE BOWERS INSTITUTE, FORMERLY KNOWN AS THE DESIGN CHALLENGE LEARNING INSTITUTE. THE BOWERS INSTITUTE IS NAMED FOR ITS FOUNDING SPONSOR, ANN S. BOWERS. THIS SPONSORSHIP WILL ENABLE THE TECH TO MAGNIFY ITS IMPACT IN THE COMMUNITY BY PARTNERING WITH LOCAL EDUCATORS TO REACH STUDENTS IN UNDERSERVED COMMUNITIES AND CULTIVATE THEIR INTERESTS AND ABILITIES IN STEM FIELDS. 2023576 134320 MORE THAN 5,900 MEMBERS HELP SUPPORT THE TECH, INCLUDING MORE THAN 280 LOCAL EDUCATORS WHO ARE GRANTED DISCOUNTED MEMBERSHIPS. THE TECH HOSTS A NUMBER OF COMMUNITY CELEBRATIONS AND MORE THAN 200 RECEPTIONS, EVENTS AND PARTIES. THE STAFF AND MORE THAN 400 VOLUNTEERS PROVIDE INTERPRETATION SERVICES FOR THE GALLERIES. THEY ALSO ASSIST VISITORS WITH TICKETING, CHOOSING PROGRAMS AND ASSESSING EDUCATIONAL OPPORTUNITIES SUCH AS IMAX FILM PRESENTATIONS. 14772169 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 47 0 1 172 1 1 1 0 0 0 0 1 1 0 0 0 0 X 28 28 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 321084 0 1187 HARVARD SUNG CFO 40.00 X 165702 0 1163 BILL BAILOR VP OPERATIONS 40.00 X 169146 0 405 MARIA PAPPAS VP DEVELOPMENT 40.00 X 185238 0 445 GRETCHEN WALKER VP EDUCATION 40.00 X 179308 0 278 RACHEL WILNER VP MARKETING 40.00 X 150412 0 150 CHRISTOPHER DIGIORGIO BOARD CHAIR 0.52 X X 0 0 0 DANIEL WARMENHOVEN BOARD VICE CHAIR 0.52 X X 0 0 0 MATTHEW SAPP BOARD TREASURER 0.52 X X 0 0 0 ROGER QUINLAN BOARD SECRETARY 0.52 X X 0 0 0 MANNY BARBARA DIRECTOR 0.33 X 0 0 0 JAMES BARRESE DIRECTOR 0.33 X 0 0 0 RUBA BORNO DIRECTOR 0.33 X 0 0 0 ANN BOWERS DIRECTOR 0.52 X 0 0 0 CHRIS BOYD DIRECTOR 0.33 X 0 0 0 GLORIA CHEN DIRECTOR 0.52 X 0 0 0 DAVID CORTESE DIRECTOR 0.33 X 0 0 0 JAMES DEICHEN DIRECTOR 0.33 X 0 0 0 MAURIA FINLEY DIRECTOR 0.33 X 0 0 0 JOHN GIUBILEO DIRECTOR 0.33 X 0 0 0 RAQUEL GONZALEZ DIRECTOR 0.33 X 0 0 0 WILLIAM HEIL DIRECTOR 0.33 X 0 0 0 GERALD HELD DIRECTOR 0.52 X 0 0 0 DAVE HOUSE DIRECTOR 0.33 X 0 0 0 JOE KAVA DIRECTOR 0.33 X 0 0 0 RANDY KRENZIN DIRECTOR 0.33 X 0 0 0 SMITH MCKEITHEN DIRECTOR 0.52 X 0 0 0 JAMI NACHTSHEIM DIRECTOR 0.52 X 0 0 0 OMKARAM NALAMASU DIRECTOR 0.33 X 0 0 0 STUART PANN DIRECTOR 0.33 X 0 0 0 DANIEL PEREZ DIRECTOR 0.52 X 0 0 0 FRANK QUATTRONE DIRECTOR 0.52 X 0 0 0 CHAD SEILER DIRECTOR 0.52 X 0 0 0 JUDY SWANSON DIRECTOR 0.33 X 0 0 0 EVIE WILLIAMS DIRECTOR 0.33 X 0 0 0 STEVE YOUNG DIRECTOR 0.33 X 0 0 0 DON POHLMAN FORMER VP EXHIBITS 40.00 X 133479 0 867 LINDA TSAI FOUNDATIONS RELATIONS DIRE 40.00 X 125290 0 186 MAUREEN LANGAN DIRECTOR OF SPECIAL EVENTS 40.00 X 122041 0 343 MARY MCLANE INDIVIDUAL GIVING DIRECTOR 40.00 X 119766 0 837 LINDA ANTONOPOULOS CORPORATE RELATIONS DIRECTOR 40.00 X 116261 0 50 AMY PIZARRO SENIOR DIRECTOR OF MEDIA AND COMMUNITY 40.00 X 115369 0 113 1903096 0 6024 12 1 1 0 0 2100700 1148519 9106574 3798680 12355793 ADMISSIONS AND FEES 611710 2445981 2445981 IMAX TICKET SALES 900099 1222154 1015659 206495 FACILITY RENTAL 900099 845500 845500 VISITORS SERVICES 900099 663954 663954 STORE REVENUE 453220 222582 222582 5400171 273204 -33 273237 8019944 8019944 29000 0 -29000 -29000 -29000 265200 2100700 419162 -153962 -153962 17846206 5193676 206462 90275 200000 200000 100000 100000 1170208 349138 635387 185683 6956208 5189158 986607 780443 710312 487374 139564 83374 559665 381341 112586 65738 61600 61600 148928 148928 44378 44378 504069 207285 296784 439993 124048 266734 49211 635747 569193 45846 20708 323918 323918 1728403 1465233 150835 112335 113429 82113 16887 14429 3169849 3130444 28459 10946 113840 93918 11384 8538 TECH AWARDS 843758 843758 FEES AND SERVICES 456164 315332 126896 13936 OTHER EXPENSES 371028 162883 106259 101886 IN KIND GOODS 288842 193787 54553 40502 602385 553246 12412 36727 19542724 14772169 3246099 1524456 164427 293657 1764406 4749777 8834477 5285591 603566 804327 306672 475894 32599370 20980177 13053086 11619193 21958064 23308224 20767125 20609153 67451823 67145816 1266316 1214780 615937 521638 1882253 1736418 X 15795647 14847229 37058217 37846463 12715706 12715706 65569570 65409398 67451823 67145816 -1696518 1694318 -157972 0 X X 0 1 X 1 0 X 11124299 8569632 14247459 14405122 12392946 60739458 1278871 1271363 1263405 1254969 1246048 6314656 12403170 9840995 15510864 15660091 13638994 67054114 18816625 48237489 261599 284725 265287 284153 273204 1368968 68423082 26221593 0.70500 0.60700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14571442 1812737 766602 15617577 15479179 -163737 744000 14571442 15626198 535981 683000 15479179 13758673 2515879 648354 15626198 12715706 1648363 605396 13758673 1.00000 0 0 11287282 9945822 1341460 6325809 4230586 2095223 14986279 6803769 8182510 11619193 EQUITY FUNDS 13307194 F VENTURE CAPITAL FUNDS & PARTNERSHIPS 1467675 F CERTIFICATES OF DEPOSIT 8533355 F 23308224 CITY OF SAN JOSE LEASE 20609153 20609153 X 21198489 1694318 1283181 419162 3396661 17801828 44378 44378 17846206 21358661 1441153 419162 1860315 19498346 44378 44378 19542724 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, 2017. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT INCREASES OR DECREASES TO UNRECOGNIZED INCOME TAX BENEFITS DURING THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF TECH AWARD EXPENSES 419,162. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF TECH AWARD EXPENSES 419,162. 1 0 0 0 0 0 0 0 0 0 BRITISH VIRGIN ISLANDS CASH PRIZE - UNRESTRICTED 50000 WIRE USD ENGLAND CASH PRIZE - UNRESTRICTED 50000 WIRE USD 2 0 0 0 0 0 0 PART I, LINE 2: THE TECH MUSEUM MADE AWARDS AT ITS FINAL TECH AWARDS GALA. THE PURPOSE OF THE TECH AWARDS WAS TO HONOR TECHNOLOGISTS, EDUCATORS, SCIENTISTS AND ENTREPRENEURS WHO USE TECHNOLOGY TO IMPROVE OUR WORLD. EACH NOMINEE ELIGIBLE FOR AN AWARD WAS VETTED IN ACCORDANCE WITH THE IRS REGULATIONS AND APPLICABLE GUIDANCE TO ENSURE COMPLIANCE WITH THE RULES AND REGULATIONS FOR MAKING INTERNATIONAL AWARDS. X X X X X X X CA THE TECH AWARDS 2365900 2100700 265200 296949 122213 2365900 2100700 265200 296949 122213 419162 -153962 1 ANGAZA DESIGN INC 1028 15TH AVENUE REDWOOD CITY CA 94063 272842254 50000 CASH PRIZE TECH AWARDS UNRESTRICTED D-REV DESIGN FOR THE OTHER NINETY PERCENT 695 MINNESOTA STREET SAN FRANCISCO CA 94107 260642778 50000 CASH PRIZE TECH AWARDS UNRESTRICTED EQUAL ACCESS INTERNATIONAL 1212 MARKET STREET STE 200 SAN FRANCISCO CA 94102 943402601 50000 CASH PRIZE TECH AWARDS UNRESTRICTED SOUKTEL INC 113 BARKSDALE PROFESSINAL CENTER NEWARK NJ 19711 205626219 50000 CASH PRIZE TECH AWARDS UNRESTRICTED 4 PART I, LINE 2: THE TECH MUSEUM MADE AWARDS AT ITS FINAL TECH AWARDS GALA. THE PURPOSE OF THE TECH AWARDS WAS TO HONOR TECHNOLOGISTS, EDUCATORS, SCIENTISTS AND ENTREPRENEURS WHO USE TECHNOLOGY TO IMPROVE OUR WORLD. EACH NOMINEE ELIGIBLE FOR AN AWARD WAS VETTED IN ACCORDANCE WITH THE IRS REGULATIONS AND APPLICABLE GUIDANCE TO ENSURE COMPLIANCE WITH THE RULES AND REGULATIONS FOR MAKING INTERNATIONAL AWARDS. X X 1 0 0 1 0 0 0 0 0 TIM RITCHIE PRESIDENT 281084 0 40000 0 0 0 0 0 1187 0 322271 0 0 0 HARVARD SUNG CFO 160722 0 4980 0 0 0 0 0 1163 0 166865 0 0 0 BILL BAILOR VP OPERATIONS 164166 0 4980 0 0 0 0 0 405 0 169551 0 0 0 MARIA PAPPAS VP DEVELOPMENT 179831 0 5407 0 0 0 0 0 445 0 185683 0 0 0 GRETCHEN WALKER VP EDUCATION 174133 0 5175 0 0 0 0 0 278 0 179586 0 0 0 RACHEL WILNER VP MARKETING 146092 0 4320 0 0 0 0 0 150 0 150562 0 0 0 DON POHLMAN FORMER VP EXHIBITS 130989 0 2490 0 0 0 0 0 867 0 134346 0 0 0 PART I, LINE 4A FORMER VP OF EXHIBITS DON POHLMAN RECEIVED SEVERANCE PAYMENTS TOTALING $41,500 DURING 2016. 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 12 3413241 FMV X EQUIPMENT 1 297820 FMV X ELECTRONICS 7 41151 FMV X WINE 8 26546 FMV X OTHER GOODS 6 10041 FMV X ENTERTAINMENT 6 6431 FMV X FOOD 7 3050 FMV X TRAVEL 1 400 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.