WORLD SCIENCE FOUNDATION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- WORLD SCIENCE FOUNDATION (EIN 43-2095418)
- Tax period
- 2014-07-01 to 2015-06-30
- Filed
- 2016-05-20
- IRS object ID
- 201621419349300707
- Schema version
- 2014v6.0
- 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 D
- Schedule F
- Schedule G
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-05-20T08:44:56-05:00 | ReturnTs |
| Tax Period End | 2015-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY VIRCHOW KRAUSE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46 PUBLIC SQUARE SUITE 400 | AddressLine1Txt |
| City | WILKESBARRE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 18701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 432095418 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCIENCE FESTIVAL FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | D/B/A WORLD SCIENCE FESTIVAL | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCIE | BusinessNameControlTxt |
| Phone | 2123481400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 RIVERSIDE DRIVE SUITE 950 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10115 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TRACY K DAY | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 2123481400 | PhoneNum |
| Signature | 2016-05-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIUS GREEN CPA JD | PreparerPersonNm |
| PTIN | P00782769 | PTIN |
| Phone | 5708200100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TRACY K DAY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 RIVERSIDE DRIVE SUITE 950 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,654,629 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WORLDSCIENCEFESTIVAL.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2006 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | TO ENHANCE PUBLIC UNDERSTANDING OF SCIENCE THROUGH PROGRAMMING, FOR ALL AGES, ACROSS ALL MEDIA. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 147 | TotalEmployeeCnt |
| Total Volunteers | 261 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,788,820 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,029,449 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $381,787 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $388,084 | CYProgramServiceRevenueAmt |
| PY Investment Income | $14,060 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,625 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$194,680 | PYOtherRevenueAmt |
| CY Other Revenue | -$182,247 | CYOtherRevenueAmt |
| PY Total Revenue | $5,989,987 | PYTotalRevenueAmt |
| CY Total Revenue | $6,239,911 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,406,088 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,658,871 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $746,967 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,636,641 | PYOtherExpensesAmt |
| CY Other Expenses | $2,667,204 | CYOtherExpensesAmt |
| PY Total Expenses | $6,042,729 | PYTotalExpensesAmt |
| CY Total Expenses | $6,326,075 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$52,742 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$86,164 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $4,207,863 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,247,795 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $457,927 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $584,023 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,749,936 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,663,772 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE WORLD SCIENCE FESTIVAL BRINGS TOGETHER GREAT MINDS IN SCIENCE AND THE ARTS TO PRODUCE LIVE AND DIGITAL CONTENT THAT PRESENTS THE WONDERS OF SCIENCE AND THE DRAMA OF SCIENTIFIC DISCOVERY TO A BROAD GENERAL AUDIENCE. THE FESTIVAL'S FLAGSHIP LIVE EVENT, LAUNCHED IN 2008, IS AN ANNUAL WEEKLONG CELEBRATION AND EXPLORATION OF SCIENCE. THROUGH GRIPPING DEBATES, ORIGINAL THEATRICAL WORKS, INTERACTIVE EXPLORATIONS, MUSICAL PERFORMANCES, INTIMATE SALONS, AND MAJOR OUTDOOR EXPERIENCES, THE FESTIVAL TAKES SCIENCE OUT OF THE LABORATORY AND INTO THE STREETS, PARKS, MUSEUMS, LIBRARIES, AND PERFORMING ARTS VENUES OF NEW YORK CITY. WORLD SCIENCE U IS THE FOUNDATION'S ONLINE EDUCATION ARM WHERE STUDENTS AND LIFELONG LEARNERS CAN DIVE MORE DEEPLY THROUGH ARTFULLY PRODUCED DIGITAL EDUCATION CONTENT PRESENTED BY WORLD-RENOWNED SCIENTISTS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,573,151 | ExpenseAmt |
| Revenue | $388,084 | RevenueAmt |
| Desc | THE FESTIVAL CREATES NOVEL, CREATIVE, AND ARTFULLY PRODUCED PROGRAMS AND INTERDISCIPLINARY EVENTS. FROM COMPELLING PRESENTATIONS OF CUTTING-EDGE SCIENTIFIC RESEARCH AND CAPTIVATING HANDS-ON DEMONSTRATIONS FOR KIDS, TO WORKS IN THEATRE, FILM AND THE ARTS INSPIRED BY SCIENCE, THE FESTIVAL DRAMATICALLY RAISES THE PROFILE OF SCIENCE. FESTIVAL PROGRAMS ARE TAPED, EDITED AND MADE AVAILABLE YEAR-ROUND ON THE FOUNDATION'S WEBSITE, TOGETHER WITH COMPLEMENTARY CONTENT, DRAMATICALLY EXPANDING THE REACH AND IMPACT OF THE FESTIVAL AND BUILDING A GROWING ARCHIVE OF EDUCATIONAL SCIENCE PROGRAMMING. WORLD SCIENCE U PROVIDES A UNIQUE EDUCATIONAL EXPERIENCE FOR STUDENTS, WITH WORLD-RENOWNED PROFESSORS LEADING THE WAY, ACCOMPANIED BY STATE-OF-THE-ART PRODUCTION. THE DIVERSE COURSE OFFERINGS LET STUDENTS SPEND MINUTES, HOURS, DAYS, OR MONTHS ON A SUBJECT. | Desc |
| Total Program Service Expenses | $4,573,151 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | 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 | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | 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 | 0 | 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 | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 79 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 147 | 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 |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | 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 | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PATRICIA DEBIAGGI-MONES CHIEF FINANCIAL OFFICER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6462008812 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 RIVERSIDE DRIVE SUITE 950 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10115 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| BRIAN GREENE | ||||||||
| CHAIRMAN | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ALAN ALDA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANN ZIFF | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDITH COX | ||||||||
| PRESIDENT & TREASURER | 40.00 | Yes (X) | Yes (X) | $70,234 | $0 | $23,924 | ||
| TRACY DAY | ||||||||
| SECRETARY/CEO | 40.00 | Yes (X) | Yes (X) | $270,000 | $0 | $0 | ||
| GILLIAN SMALL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| FRANCES REILLY | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | Yes (X) | $163,598 | $0 | $9,142 | |||
| PATRICIA DEBIAGGI-MONES | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $11,321 | $0 | $0 | |||
| MICHAEL KEITH BLANCHARD | ||||||||
| GENERAL MANAGER OF DIGITAL | 40.00 | $237,482 | $0 | $19,689 | Yes (X) | |||
| SHELLY LEWIS | ||||||||
| DIRECTOR OF PROGRAMMING | 40.00 | $136,000 | $0 | $4,966 | Yes (X) | |||
| GUILLERMO SALAZAR | ||||||||
| MEDIA PRODUCER | 40.00 | $124,350 | $0 | $0 | Yes (X) | |||
| ADAM BIRNBAUM | ||||||||
| CHIEF TECHNOLOGY OFFICER | 40.00 | $115,007 | $0 | $4,155 | Yes (X) | |||
| MICHAEL SQUADRON | ||||||||
| SENIOR PRODUCER | 40.00 | $109,216 | $0 | $6,441 | Yes (X) | |||
| ABIGAIL FEDER-KANE | ||||||||
| DIRECTOR OF DEVELOPMENT | 40.00 | $102,531 | $0 | $13,248 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,339,739 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $81,565 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PJD PRODUCTIONS LLC | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 439 GREENMOUNT AVE | AddressLine1Txt |
| City | CLIFFSIDE PARK | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | EVENT PRODUCTION SERVICES | ServicesDesc |
| Compensation | $166,075 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $709,172 | FundraisingAmt |
| Government Grants | $177,640 | GovernmentGrantsAmt |
| All Other Contributions | $5,142,637 | AllOtherContributionsAmt |
| Noncash Contributions | $304,979 | NoncashContributionsAmt |
| Total Contributions | $6,029,449 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| TICKET SALES | 900099 | $276,054 | $276,054 |
| PROGRAM INCOME | 900099 | $112,030 | $112,030 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $388,084 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,625 | TotalRevenueColumnAmt |
| Exclusion | $4,625 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $139,980 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $139,980 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $92,400 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $709,172 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $274,738 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$182,338 | TotalRevenueColumnAmt |
| Exclusion | -$182,338 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $91 | TotalRevenueColumnAmt |
| Exclusion | $91 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $91 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,239,911 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $388,084 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$177,622 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $809,776 | TotalAmt |
| Program Services | $809,776 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,408,376 | TotalAmt |
| Program Services | $1,588,267 | ProgramServicesAmt |
| Management And General | $522,598 | ManagementAndGeneralAmt |
| Fundraising | $297,511 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,798 | TotalAmt |
| Program Services | $127,272 | ProgramServicesAmt |
| Management And General | $27,736 | ManagementAndGeneralAmt |
| Fundraising | $15,790 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $269,921 | TotalAmt |
| Program Services | $201,135 | ProgramServicesAmt |
| Management And General | $43,833 | ManagementAndGeneralAmt |
| Fundraising | $24,953 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,539 | TotalAmt |
| Management And General | $73,539 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,444 | TotalAmt |
| Management And General | $31,444 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $685,687 | TotalAmt |
| Program Services | $487,960 | ProgramServicesAmt |
| Management And General | $125,766 | ManagementAndGeneralAmt |
| Fundraising | $71,961 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,128 | TotalAmt |
| Program Services | $297,763 | ProgramServicesAmt |
| Fundraising | $23,365 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $207,153 | TotalAmt |
| Program Services | $101,525 | ProgramServicesAmt |
| Management And General | $46,907 | ManagementAndGeneralAmt |
| Fundraising | $58,721 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,626 | TotalAmt |
| Program Services | $33,850 | ProgramServicesAmt |
| Management And General | $5,582 | ManagementAndGeneralAmt |
| Fundraising | $3,194 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,461 | TotalAmt |
| Program Services | $141,265 | ProgramServicesAmt |
| Management And General | $23,850 | ManagementAndGeneralAmt |
| Fundraising | $18,346 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $340,046 | TotalAmt |
| Program Services | $228,039 | ProgramServicesAmt |
| Management And General | $18,799 | ManagementAndGeneralAmt |
| Fundraising | $93,208 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,465 | TotalAmt |
| Program Services | $73,508 | ProgramServicesAmt |
| Management And General | $12,410 | ManagementAndGeneralAmt |
| Fundraising | $9,547 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,702 | TotalAmt |
| Management And General | $22,702 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FESTIVAL PRODUCTION COS | $613,953 | $482,791 | $791 | $130,371 |
| BAD DEBTS | $50,000 | $50,000 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,326,075 | TotalAmt |
| Program Services | $4,573,151 | ProgramServicesAmt |
| Management And General | $1,005,957 | ManagementAndGeneralAmt |
| Fundraising | $746,967 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,873 | BOYAmt |
| EOY | $3,388 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,602,485 | BOYAmt |
| EOY | $2,383,116 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $642,646 | BOYAmt |
| EOY | $802,174 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,403 | BOYAmt |
| EOY | $324,577 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $818,671 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $308,342 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $554,732 | BOYAmt |
| EOY | $510,329 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $196,117 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,724 | BOYAmt |
| EOY | $28,094 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,207,863 | BOYAmt |
| EOY | $4,247,795 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $457,927 | BOYAmt |
| EOY | $584,023 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $457,927 | BOYAmt |
| EOY | $584,023 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,749,936 | BOYAmt |
| EOY | $3,663,772 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,749,936 | BOYAmt |
| EOY | $3,663,772 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,207,863 | BOYAmt |
| EOY | $4,247,795 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$86,164 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,527,683 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,242,178 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,452,238 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,788,820 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,864,449 | CurrentTaxYearAmt |
| Total | $26,875,368 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $165,000 | CurrentTaxYearAmt |
| Total | $165,000 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,527,683 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,242,178 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,452,238 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,788,820 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,029,449 | CurrentTaxYearAmt |
| Total | $27,040,368 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $20,539,435 | SubstantialContributorsTotAmt |
| Public Support Total170 | $6,500,933 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,788 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $10,908 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,381 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,705 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,625 | CurrentTaxYearAmt |
| Total | $39,407 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,735 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,736 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,877 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,527 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $91 | CurrentTaxYearAmt |
| Total | $20,966 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $27,100,741 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,477,235 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.23990 | PublicSupportCY170Pct |
| Public Support PY170 | 0.23110 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, SECTION C, LINE 17 A | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION QUALIFIES AS A PUBLIC CHARITY UNDER THE "FACTS AND CIRCUMSTANCES" TEST, BASED ON THE FACTS SET FORTH BELOW. FIRST, THE FOUNDATION'S PUBLIC SUPPORT PERCENTAGE IS, IN FACT, SUBSTANTIAL, AS IT IS WELL IN EXCESS OF THE REQUIRED 10%. FOR THE PAST FIVE YEARS OF OPERATION (ON A ROLLING 5 YEAR BASIS), THE FOUNDATION'S PUBLIC SUPPORT WAS 23.99%. SEE SCHEDULE A, PART II, C. THE FOLLOWING FACTORS ALSO WEIGH IN FAVOR OF PUBLIC CHARITY STATUS UNDER THIS ANALYSIS. FUNDRAISING PROGRAM HAS RESULTED IN BROAD PUBLIC SOURCES OF SUPPORT: THE FOUNDATION HAS MAINTAINED A CONTINUOUS AND BONA FIDE FUNDRAISING PROGRAM TO ATTRACT FUNDS FROM THE PUBLIC SINCE ITS FOUNDING. IN ITS FIRST YEAR OF OPERATIONS, THE FOUNDATION'S FOUNDERS AND OFFICERS SOLICITED FUNDS FROM A FEW DONORS WHO WERE LIKELY TO PROVIDE SEED FUNDING FOR THE ORGANIZATION. HOWEVER, SINCE 2007, THE FOUNDATION HAS EMPLOYED A FULL-TIME DEVELOPMENT STAFF, WITH AN AVERAGE OF THREE EMPLOYEES PER YEAR DEDICATED TO SOLICITING SUPPORT FROM INDIVIDUALS, FOUNDATIONS, CORPORATIONS AND GOVERNMENT GRANTS. THE FOUNDATION ALSO SOLICITS IN-KIND MEDIA SUPPORT FROM MEDIA COMPANIES WHO CAN PLACE ADVERTISEMENTS FOR THE FESTIVAL IN THEIR PUBLICATIONS AND ON THEIR RADIO AND TELEVISION SHOWS, AND FROM A VARIETY OF SERVICE PROVIDERS. THROUGH ALL OF THESE EFFORTS, THE FOUNDATION HAS RECEIVED FINANCIAL, MEDIA AND IN-KIND SUPPORT FROM A DIVERSE GROUP OF INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND GOVERNMENT ENTITIES. SINCE 2008, THE FOUNDATION HAS SUBMITTED MULTIPLE GRANT APPLICATIONS TO OVER 33 FOUNDATIONS AND GOVERNMENT SOURCES, INCLUDING THE NATIONAL SCIENCE FOUNDATION (NSF) AND THE NYC CULTURAL INNOVATION FUND. WHILE NOT ALL OF THESE GRANT APPLICATIONS WERE ACCEPTED, THE FOUNDATION HAS RECEIVED SIGNIFICANT AND REGULAR SUPPORT FROM FOUNDATIONS SUCH AS THE SIMONS FOUNDATION, THE JOHN TEMPLETON FOUNDATION, THE ALFRED P. SLOAN FOUNDATION, THE BILL AND ANN ZIFF FOUNDATION, THE KAVLI FOUNDATION, AND THE BEZOS FAMILY FOUNDATION AS WELL AS FROM THE NORWEGIAN CONSULATE AND NORWEGIAN ACADEMY OF SCIENCE AND LETTERS. THE FOUNDATION HAS ALSO RECEIVED STATE AND CITY FUNDING FROM THE NEW YORK CITY CULTURAL DEVELOPMENT FUND, THE NEW YORK STATE DEPARTMENT OF EDUCATION AND THE NEW YORK STATE ENERGY AND RESEARCH DEVELOPMENT AUTHORITY. SINCE 2008, THE FOUNDATION HAS ACTIVELY SOLICITED CORPORATE SPONSORS FOR ITS ACTIVITIES, REACHING OUT TO OVER 414 CORPORATIONS. AS A RESULT OF THIS OUTREACH, THE FOUNDATION HAS RECEIVED FINANCIAL SUPPORT FROM CORPORATIONS SUCH AS CREDIT SUISSE, IBM, AMERICA'S NAVY, CON EDISON, KNOPF, TIME WARNER CABLE, GOOGLE, COGNIZANT, IFF, AND NORTHROP GRUMMAN. ALTHOUGH NOT COUNTED TOWARDS "PUBLIC SUPPORT," THE FOUNDATION HAS CONSISTENTLY BEEN ABLE TO REDUCE ITS ADVERTISING EXPENDITURES THROUGH CONTRIBUTIONS OF IN-KIND MEDIA SUPPORT VALUED AT OVER $1,218,117 (IN 2015) FROM OVER 15 DIFFERENT NEWS AND MEDIA ORGANIZATIONS AND PUBLICATIONS, INCLUDING COMMUNITY-BASED NEWS OUTLETS WABC, WNYC AND AM NEW YORK, AS WELL AS NATIONALLY DISTRIBUTED PUBLICATIONS, SUCH AS SCIENTIFIC AMERICAN, THE WEEK AND POPULAR SCIENCE. THE FOUNDATION ALSO ACTIVELY SEEKS INDIVIDUAL DONORS BY HOSTING CULTIVATION EVENTS AND BY HOLDING AN ANNUAL GALA FUNDRAISER. SINCE 2007, THE FOUNDATION HAS SENT OVER 3,290 INVITATIONS TO BETWEEN 25 AND 30 EVENTS THAT RANGE IN SIZE FROM 20 TO 200 GUESTS. IN ADDITION, THE FOUNDATION HAS HOSTED ITS ANNUAL GALA BENEFIT SINCE 2009. TICKET PRICES TO THE GALA INCLUDE A PORTION ALLOCABLE TOWARDS A CHARITABLE CONTRIBUTION. FROM 2009 THROUGH 2015, THE FOUNDATION SENT OVER 16,900 INVITATIONS AND FUNDING REQUESTS IN CONNECTION WITH THE ANNUAL GALA. MORE THAN 3,900 PEOPLE ATTENDED THE GALA, AND OTHERS CONTRIBUTED BUT DID NOT ATTEND. THE AGGREGATE VALUE OF INDIVIDUAL CONTRIBUTIONS FROM THE GALA HAS CONTINUED TO GROW. IN ADDITION, DURING EACH FESTIVAL, THE FOUNDATION USES SPONSORED RECEPTIONS AND HOSPITALITY CENTERS TO WELCOME OVER 350 SUPPORTERS AND PARTNERS (WHO PROVIDE FINANCIAL OR IN-KIND SUPPORT) AND PARTICIPANTS (WHO VOLUNTEER THEIR TIME AND EXPERTISE) IN THE FESTIVAL. THESE EVENTS ALSO SERVE TO INTRODUCE THE FESTIVAL TO NEW PROSPECTIVE SUPPORTERS. TYPICALLY, THERE ARE THREE TO FOUR SUCH EVENTS EACH YEAR, AND THE CUMULATIVE NUMBER OF PEOPLE WHO ATTEND THESE EVENTS IN EACH YEAR RANGES FROM 800 TO OVER 1,000 PEOPLE. THE FOUNDATION HAS ALSO SOUGHT SMALLER DONATIONS FROM MEMBERS OF THE GENERAL PUBLIC WHO ARE INTERESTED IN ATTENDING THE WORLD SCIENCE FESTIVAL AND/OR VISIT THE WEBSITE. FROM 2009 THROUGH 2014, THE FOUNDATION SOLICITED DONATIONS ON ITS WEBSITE THROUGH NETWORK FOR GOOD. CURRENTLY, THE FOUNDATION SOLICITS WEBSITE DONATIONS VIA SALESFORCE. FROM 2010 - 2015, THE FOUNDATION HAS ATTRACTED APPROXIMATELY $31,666 IN PUBLIC SUPPORT THROUGH ITS WEBSITE SOLICITATION EFFORTS. BEGINNING IN 2012, THE FOUNDATION ALSO PROVIDED AN OPPORTUNITY FOR TICKET BUYERS TO MAKE A DONATION TO THE FESTIVAL AS PART OF THEIR TICKET PURCHASE. THIS EFFORT RAISED $43,042 THROUGH 2015 AND WILL BE CONTINUED IN 2016. COMPOSITION OF THE BOARD: THE FOUNDATION'S BOARD OF DIRECTORS REPRESENTS THE WORLDS OF EDUCATION, THE ARTS, MEDIA, NON-PROFIT MANAGEMENT AND PHILANTHROPY. EACH DIRECTOR BRINGS A RANGE OF EXPERTISE AND VARYING PERSPECTIVES TO THE ORGANIZATION. ALL DIRECTORS HAVE BEEN EXCEEDINGLY GENEROUS WITH THEIR TIME AND EXPERTISE, BUT THE FOUNDATION DOES NOT RELY SOLELY ON ITS BOARD FOR MATERIAL FINANCIAL SUPPORT. TRACY DAY, ONE OF THE CO-FOUNDERS, BRINGS HER EXPERIENCE AS AN EXECUTIVE PRODUCER IN TELEVISION JOURNALISM TO ALL OF THE FESTIVAL'S PROGRAMMING. BRIAN GREENE, ALSO A CO-FOUNDER, IS A PHYSICIST, MATHEMATICIAN AND PROFESSOR AT COLUMBIA UNIVERSITY. BECAUSE OF THE EDUCATIONAL NATURE OF THE FOUNDATION'S MISSION AND ACTIVITIES, THE FOUNDATION HAS RECRUITED ADDITIONAL BOARD MEMBERS FROM A VARIETY OF INSTITUTIONS OF HIGHER LEARNING. THE PRESIDENTS OF COLUMBIA UNIVERSITY (LEE BOLLINGER) AND NEW YORK UNIVERSITY (JOHN SEXTON) HAVE LONG BEEN SUPPORTERS OF THE FOUNDATION'S MISSION AND SERVED ON THE FOUNDATION'S BOARD OF DIRECTORS FROM 2006 - 2012 AND 2008 - 2009, RESPECTIVELY. GILLIAN SMALL, VICE CHANCELLOR FOR RESEARCH AT THE CITY UNIVERSITY OF NEW YORK AND AN ACCOMPLISHED SCIENTIST AND EDUCATOR, JOINED THE BOARD IN JANUARY 2012. ALAN ALDA, AN ACCLAIMED ACTOR, WRITER AND DIRECTOR, BRINGS A WEALTH OF EXPERTISE AND CONNECTIONS FROM THE ARTS TO THE FESTIVAL AND HAS APPEARED AT NUMEROUS FESTIVAL EVENTS AS A MODERATOR AND ACTOR. HE HAS BEEN A MEMBER OF THE BOARD OF DIRECTORS SINCE 2007. JUDITH COX HAS A BACKGROUND IN NON-PROFIT MANAGEMENT AND INTERNATIONAL PROJECTS, AND HAS BEEN ON THE BOARD SINCE 2006. ANN ZIFF, A MEMBER OF THE BOARD SINCE 2010, ALSO HAS SIGNIFICANT EXPERTISE IN NON-PROFIT MANAGEMENT AND FUNDRAISING FROM HER SERVICE ON SEVERAL NON-PROFIT BOARDS; WHILE MS. ZIFF AND HER FAMILY PROVIDE SIGNIFICANT FINANCIAL SUPPORT TO THE FOUNDATION, THEY ARE NOT THE FOUNDATION'S LARGEST DONORS. BROAD PUBLIC PARTICIPATION IN PROGRAMS: THE FOUNDATION'S EDUCATIONAL PROGRAMMING TARGETS A WORLDWIDE AUDIENCE OF ADULTS AND CHILDREN. MOST PROGRAMMING IS DESIGNED FOR NON-SCIENTISTS. WITH EACH YEAR, THE FOUNDATION'S PROGRAMS ATTRACT A LARGER PORTION OF THE GENERAL PUBLIC. ATTENDANCE AT THE WORLD SCIENCE FESTIVAL IN NEW YORK CITY (THE FOUNDATION'S ANNUAL LIVE EVENT SPANNING FIVE DAYS) HAS GROWN FROM 120,000 IN 2008 TO OVER 320,000 IN 2014. IN AN EFFORT TO REACH A BROADER PUBLIC, THE FOUNDATION BEGAN STREAMING ITS FESTIVAL PROGRAMS VIA THE INTERNET IN 2011. DURING THE 2012 FESTIVAL, THE FOUNDATION STREAMED NINE LIVE PROGRAMS TO 42,500 VIEWERS. DURING THE 2013 FESTIVAL, ELEVEN LIVE PROGRAMS WERE STREAMED TO OVER 76,000 VIEWERS, AND IN 2014, TWELVE LIVE PROGRAMS WERE STREAMED TO 64,000 VIEWERS, AND IN 2015, TEN LIVE PROGRAMS WERE STREAMED TO OVER 107,000 VIEWERS. OVER TIME, THE FOUNDATION HAS DEDICATED INCREASED RESOURCES TO PRESENTING FOOTAGE FROM THE FESTIVAL, AS WELL AS ORIGINAL EDUCATIONAL MATERIAL, ON ITS WEBSITE, WWW.WORLDSCIENCEFESTIVAL.COM, AND HAS COMMENCED WEEKLY NEWSLETTERS FOR ITS COMMUNITY OF FOLLOWERS. AS OF 2015, THE FESTIVAL'S WEBSITE ATTAINED OVER 1,266,000 PAGE VIEWS FROM VIEWERS IN 175 COUNTRIES. BY THE END OF THE 2014 FISCAL YEAR, MORE THAN 55,000 PEOPLE OPTED IN TO JOIN THE FOUNDATION'S DIGITAL MAILING LIST AND RECEIVED NEWSLETTERS, FESTIVAL PROGRAMMING ALERTS, AND EARLY TICKET PURCHASING OPPORTUNITIES. BROADCAST, ONLINE AND PRINT IMPRESSIONS FROM MAJOR NEWS OUTLETS REACHED ONE BILLION. THROUGH A VIGOROUS PROGRAM OF SOCIAL MEDIA OUTREACH, THE FESTIVAL HAS ESTABLISHED A REACH OF OVER 2.2 MILLION ON FACEBOOK, AND BUILT A STRONG PRESENCE ON INSTAGRAM AND OTHER SOCIAL MEDIA OUTLETS. THE FOUNDATION ALSO RELIES ON LARGE NUMBERS OF VOLUNTEERS DURING THE FESTIVAL. FOR THE 2015 FESTIVAL, OVER 256 VOLUNTEERS DONATED THEIR TIME TO ENSURE A SUCCESSFUL EVENT. | 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 D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $404,680 | OtherCostOrOtherBasisAmt |
| Depreciation | $96,108 | DepreciationAmt |
| Book Value | $308,572 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $293,641 | OtherCostOrOtherBasisAmt |
| Depreciation | $138,297 | DepreciationAmt |
| Book Value | $155,344 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $120,350 | OtherCostOrOtherBasisAmt |
| Depreciation | $73,937 | DepreciationAmt |
| Book Value | $46,413 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $510,329 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,867,002 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $1,402,353 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$50,000 | OtherRevenueAmt |
| Revenue Not Reported | $1,352,353 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,514,649 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$274,738 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$274,738 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,239,911 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,953,166 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,402,353 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $274,738 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,677,091 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,276,075 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $50,000 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $50,000 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,326,075 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE FOUNDATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE FINANCIAL STATEMENTS USING A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT AS TO WHETHER THE UNCERTAINTY WILL BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION RETURNS ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS PRIOR TO JUNE 30, 2011. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES NETTED AGAINST CONTRIBUTION REVENUE -50,000. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING DIRECT COSTS INCLUDED IN EXPENSES IN AUDITED FINANCIAL STATEMENT -274,738. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING DIRECT COSTS REPORTED ON LINE 8B, OF PART VIII 274,738. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS 50,000. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | EAST ASIA AND THE PACIFIC | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | PROGRAM SERVICES | TypeOfActivitiesConductedTxt |
| Specific Services Provided | THE ORGANIZATION HAS ENTERED INTO A PROGRAM SERVICES AGREEMENT WITH THE QUEENSLAND MUSEUM,(QM) LOCATED IN BRISBANE, AUSTRALIA, WHEREBY QM WILL STAGE AND PROMOTE A SIMILIAR FESTIVAL IN BRISBANE, AUSTRALIA, UNDER THE BRAND "WORLD SCIENCE FESTIVAL BRISBANE". THE ORGANIZATION ALSO PRESENTED ITS PROPRIETARY EDUCATIONAL PROGRAMMING AS PART OF THE WORLD SCIENCE FESTIVAL BRISBANE. | SpecificServicesProvidedTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $0 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $0 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | OPENING NIGHT GALA | Event1Nm |
| Gross Receipts Event1 | $801,572 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $709,172 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $92,400 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $26,550 | RentFacilityCostsEvent1Amt |
| Other Direct Expenses Event1 | $248,188 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $801,572 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $709,172 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $92,400 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $26,550 | RentFcltyCostsTotalEventsAmt |
| Oth Direct Expnss Total Events | $248,188 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $274,738 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$182,338 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | 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 (3 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRACY DAY | ||||||||||||||
| SECRETARY/CEO | $270,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $270,000 | $0 | $0 | $0 |
| FRANCES REILLY | ||||||||||||||
| CHIEF OPERATING OFFICER | $163,598 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9,142 | $0 | $172,740 | $0 | $0 | $0 |
| MICHAEL KEITH BLANCHARD | ||||||||||||||
| GENERAL MANAGER OF DIGITAL | $237,482 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $19,689 | $0 | $257,171 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $139,979 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | LISTED VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | SCIENTIFIC DISPLAY | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $165,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST OF DISPLAY | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | THE NUMBER OF CONTRIBUTIONS LISTED ON SCHEDULE M REPRESENTS THE NUMBER OF CONTRIBUTORS |
| PART I, LINE 32B: | THE ORGANIZATION USES A SECURITIES BROKER TO SELL DONATED MARKETABLE SECURITIES LINE 31: MANAGEMENT REVIEWS NON-STANDARD CONTRIBUTION OFFERS TO DETERMINE THE SUITABILITY OF THE CONTRIBUTION BEFORE ACCEPTING THE CONTRIBUTION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FROM 990, PAGE 1, ITEM C, NAME OF ORGANIZATON | SUBSEQUENT TO THE FILING YEAR END, ON DECEMBER 14, 2015, THE ORGANIZATION AMENDED ITS CERTIFICATE OF INCORPORATION TO CHANGE ITS NAME FROM THE SCIENCE FESTIVAL FOUNDATION, SCIENCE TO WORLD SCIENCE FOUNDATION. THE BYLAWS WERE ALSO AMENDED TO CHANGE THE FISCAL YEAR FROM JUNE 30 TO SEPTEMBER 30 FOR YEARS SUBSEQUENT TO THIS REPORTING YEAR. |
| ADDITIONAL INFORMATION FOR PAGE 4, LINE 28A | PENDING TRANSACTION WITH INTERESTED PARTIES: IN OCTOBER 2012, THE FOUNDATION ENTERED INTO A NON-BINDING TERM SHEET WITH AN ENTITY (THE "COMPANY") OWNED BY THE FOUNDATION'S CO-FOUNDERS, WHO SERVE AS DIRECTORS AND OFFICERS OF THE FOUNDATION AS CEO AND BOARD CHAIR, IN CONNECTION WITH THE PARTIES' COLLABORATION ON A NEW DIGITAL EDUCATIONAL INITIATIVE (THE "PROJECT"). THE TERM SHEET CONTEMPLATES THAT THE COMPANY WOULD BE COMPENSATED FOR THE BOARD CHAIR'S SIGNIFICANT CONTRIBUTIONS TO THE PROJECT IN A MANNER COMMENSURATE WITH HIS CONTRIBUTIONS SHOULD THE INITIATIVE PRODUCE ANY REVENUES, AND GRANTS THE COMPANY A NON-EXCLUSIVE LICENSE TO USE CERTAIN INTELLECTUAL PROPERTY DEVELOPED AS PART OF THE PROJECT FOR EDUCATIONAL PURPOSES ON A NON-COMMERCIAL BASIS. THE BOARD CHAIR HAS CREATED THE ACADEMIC CONTENT UNDERLYING THE PROJECT, AND HAS PROVIDED HIS EXPERTISE AND PROJECT MANAGEMENT SERVICES FREE OF CHARGE THUS FAR. MANAGEMENT IS IN THE PROCESS OF NEGOTIATING A FINAL AGREEMENT WITH THE COMPANY. |
| FORM 990, PART VI, SECTION A, LINE 2 | BRIAN GREENE, CHAIRMAN OF THE BOARD, IS MARRIED TO TRACY DAY, CHIEF EXECUTIVE OFFICER AND BOARD SECRETARY. |
| FORM 990, PART VI, SECTION A, LINE 8B | DUE TO THE SIZE OF ITS BOARD, SCIENCE FESTIVAL FOUNDATION DOES NOT HAVE COMMITTEES. ALL MEETINGS OF THE FULL BOARD WERE DOCUMENTED. |
| FORM 990, PART VI, SECTION B, LINE 11 | PRIOR TO FILING WITH THE IRS, THE DRAFT 990 IS REVIEWED INTERNALLY BY THE MANAGER OF FINANCE, OUTSIDE GENERAL COUNSEL AND PRESIDENT OF THE FOUNDATION. THEY DISCUSS ANY QUESTIONS OR COMMENTS WITH THE FOUNDATION'S OUTSIDE PREPARERS, PROVIDE SUGGESTED LANGUAGE WHERE APPROPRIATE AND REVIEW ANY REVISIONS MADE IN RESPONSE TO THEIR COMMENTS. ONCE A FINAL DRAFT IS READY, MANAGEMENT DISTRIBUTES IT TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE FOUNDATION'S OUTSIDE GENERAL COUNSEL DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND CONFLICT OF INTEREST QUESTIONNAIRE TO EACH OFFICER, DIRECTOR AND KEY EMPLOYEE ON AN ANNUAL BASIS, AND FOLLOWS UP WITH EACH INDIVIDUAL TO ENSURE THAT THE QUESTIONNAIRE HAS BEEN COMPLETED. EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS ASKED TO CERTIFY ANNUALLY THAT HE/SHE HAS REVIEWED THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND HAS DISCLOSED ANY POTENTIAL OR ACTUAL CONFLICTS ON THE QUESTIONNAIRE. THE OUTSIDE GENERAL COUNSEL REVIEWS THE RESPONSES TO THE QUESTIONNAIRE TO DETERMINE IF THERE IS ANYTHING DISCLOSED THAT SHOULD BE BROUGHT TO THE ATTENTION OF THE BOARD. THE QUESTIONNAIRES ARE MAINTAINED WITH THE BOOKS AND RECORDS OF THE FOUNDATION. IN ADDITION TO FILLING OUT THE QUESTIONNAIRE, PURSUANT TO THE FOUNDATION'S POLICY, EACH OFFICER, DIRECTOR AND KEY EMPLOYEE IS REQUIRED TO ALERT THE OTHER MEMBERS OF THE BOARD IF A TRANSACTION OR FACT ARISES THAT COULD BE COVERED BY THE FOUNDATION'S POLICY AFTER THE INDIVIDUAL HAS COMPLETED HIS OR HER ANNUAL QUESTIONNAIRE. IF THE GENERAL COUNSEL IDENTIFIES ANY TRANSACTION THAT MIGHT PRESENT A CONFLICT OF INTEREST, ACTUAL OR PERCEIVED, HE OR SHE WOULD CONFER WITH THE PRESIDENT AND CHAIR TO DISCUSS HOW IT SHOULD BE DISCLOSED TO THE REST OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 15 | EXECUTIVE AND OFFICER COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE OUTSIDE GENERAL COUNSEL, MANAGER OF FINANCE AND PRESIDENT REVIEW AND COMPILE PUBLICLY AVAILABLE COMPENSATION INFORMATION FOR SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS, AS WELL AS COMPENSATION SURVEYS. THIS INFORMATION IS DISTRIBUTED AND DISCUSSED AT A MEETING OF THE BOARD OUT OF THE PRESENCE OF THE INDIVIDUAL WHOSE COMPENSATION IS BEING REVIEWED. AT THAT POINT IN THE MEETING, ANY REMAINING BOARD MEMBERS WHO HAVE AN INTEREST IN THE COMPENSATION (SUCH AS FAMILY MEMBERS OF THE EMPLOYEE OR OFFICER) ARE EXCUSED FROM THE MEETING. THE DISINTERESTED BOARD MEMBERS DETERMINE WHETHER THE PROPOSED COMPENSATION IS REASONABLE IN LIGHT OF THE COMPARABLES REVIEWED AND THE WORK BEING PERFORMED BY THE INDIVIDUAL IN QUESTION, AND VOTE ON THE COMPENSATION PACKAGE. THE DELIBERATION AND VOTE ON COMPENSATION ARE RECORDED IN THE MINUTES OF THE BOARD MEETING, WHICH ARE APPROVED BY THE DIRECTORS AT THE NEXT SCHEDULED BOARD MEETING. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION MAKES ITS AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| PART VII, LINE | THE CHIEF EXECUTIVE OFFICER'S EARNINGS OF $270,000 FOR TRACY K. DAY INCLUDES AN ANNUAL SALARY OF $215,000 PLUS PAYMENT OF $55,000 AS PARTIAL PAYMENT FOR WORK PERFORMED IN 2006 THROUGH 2008 DURING THE FIRST YEARS OF OPERATIONS WHEN MS. DAY WORKED FULL-TIME WITHOUT ANY COMPENSATION. THE BALANCE DUE TO MS. DAY FOR COMPENSATION FOR THE 2006-2008 YEARS IS BEING PAID OUT OVER A FIVE YEAR PERIOD. |
| PART VIII, LINE 8C | LOSS ON FUNDRAISING EVENT IN THIS CURRENT FISCAL YEAR, THE ORGANIZATION IS SHOWING A NET LOSS FROM THE FUND RAISING EVENT AS THE FORM 990 HAS EXCLUDED $709,172 OF CONTRIBUTIONS THAT WERE RECEIVED SPECIFICALLY FOR THE FUNDRAISING EVENT. (SEE LINE 8A, PART VIII). THESE CONTRIBUTIONS ARE SHOWN ON LINE 1C, PART VIII. IF THESE CONTRIBUTIONS WERE INCLUDED WITH THE FUNDRAISING REVENUE SHOWN ON LINE 8A, THE NET INCOME FROM THE EVENT WOULD BE $526,834. |
| FORM 990, PART IX, LINE 11G | OTHER FEES: PROGRAM SERVICE EXPENSES 487,960. MANAGEMENT AND GENERAL EXPENSES 125,766. FUNDRAISING EXPENSES 71,961. TOTAL EXPENSES 685,687. |
| PART IX, LINE 24A | FESTIVAL PRODUCTION COSTS SIGNIFICANT EXPENSES WHICH ARE PART OF THE FESTIVAL PRODUCTION COSTS ON LINE 24A, PART IX, INCLUDE VIDEO TAPING, VIDEO PRODUCTION, VENUE RENTALS, VENUE PRODUCERS/MANAGERS, SET SCENERY AND VENUE OPERATIONS LABOR. |
| PART XII, LINE 2C | AUDITOR SELECTION AND OVERSIGHT PROCESS: THE OVERSIGHT PROCESS AND THE SELECTION PROCESS THAT THE ORGANIZATION USES FOR THE OVERSIGHT OF ITS AUDITORS HAS NOT CHANGED FROM THE PRIOR YEAR. OVERSIGHT OF THE AUDIT IS DONE BY THE ENTIRE BOARD OF DIRECTORS. |
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