2014-05-13T14:32:51-05:00 2013-06-30 941341042 FRANK RIMERMAN & CO LLP 1801 PAGE MILL ROAD PALO ALTO CA 94304 990 2012-07-01 942864660 THE TECH MUSEUM OF INNOVATION TECH 4087956116 201 SOUTH MARKET STREET SAN JOSE CA 95113 TIM RITCHIE 4087956116 2014-05-08 1 MICHAEL J YATES P00701936 6508458100 2012 2015-11-30 17:44:51Z TIM RITCHIE 201 SOUTH MARKET STREET SAN JOSE CA 95113 16686832 0 X WWW.THETECH.ORG X 1983 CA TO OPERATE A WORLD CLASS SCIENCE MUSEUM. 42 41 122 317 219079 -167696 21690550 11124299 2734253 3769831 277593 220720 -459836 -283302 24242560 14831548 0 0 0 0 4700279 5818076 0 0 1095690 7058675 8451064 11758954 14269140 12483606 562408 58528107 61175490 1041683 1574168 57486424 59601322 X TO INSPIRE THE INNOVATOR IN EVERYONE. THE TECH MUSEUM OF INNOVATION IS A NON-PROFIT, EXPERIENTIAL LEARNING RESOURCE ESTABLISHED TO ENGAGE PEOPLE IN EXPLORING AND EXPERIENCING APPLIED TECHNOLOGIES AFFECTING THEIR LIVES. THE TECH MUSEUM DOES THIS WITH EXHIBITS AND PROGRAMS THAT FEATURE THE SPIRIT OF SILICON VALLEY, INSPIRING THE PEOPLE AND INVENTIONS THAT MAKE THIS REGION THE LEADING SOURCE OF INNOVATION. 0 0 8517943 2361984 THE TECH MUSEUM OF INNOVATION ASPIRES TO BRING TOGETHER, IN ITS 132,000 SQUARE FOOT EXHIBITION FACILITY, THE TECHNOLOGICAL BREAKTHROUGHS THAT ARE TRANSFORMING OUR LIVES. WITH OVER 100 INTERACTIVE EXHIBITS, AND STANDARDS-BASED EDUCATIONAL IMAX FILMS, THIS SPACE WELCOMES ON AVERAGE OVER 400,000 VISITORS ANNUALLY, INCLUDING OVER 120,000 FROM LOCAL K-12 SCHOOLS, TO ENGAGE IN SCIENCE AND TECHNOLOGY EXPERIENCES. ADDITIONALLY, THE TECH MUSEUM OF INNOVATION HOSTS TWO ANNUAL SIGNATURE PROGRAMS: (1) THE TECH CHALLENGE A TEAM ENGINEERING DESIGN COMPETITION THAT INSPIRES OVER 1900+ STUDENTS IN GRADES 5-12 TO DESIGN, BUILD, DOCUMENT, AND TEST DEVICES THAT SOLVE A REAL WORLD PROBLEM, AND (2) THE TECH AWARDS AN INTERNATIONAL PROGRAM THAT HONORS INNOVATORS FROM AROUND THE WORLD WHO ARE APPLYING TECHNOLOGY TO CONFRONT HUMANITY'S MOST URGENT CHALLENGES IN 5 AWARD CATEGORIES: ENVIRONMENT, EDUCATION, YOUNG INNOVATORS, HEALTH, AND ECONOMIC DEVELOPMENT. THE TECHNOLOGY USED CAN BE EITHER A NEW INVENTION OR AN INNOVATIVE USE OF AN EXISTING TECHNOLOGY. THE LAUREATES ARE CELEBRATED AT AN ANNUAL AWARDS GALA, WHICH HAS BECOME A SIGNIFICANT SILICON VALLEY EVENT. 1222419 111230 THE TECH MUSEUM OF INNOVATION OFFERS AN ARRAY OF STANDARDS-BASED SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) EDUCATION PROGRAMS, WHICH INCLUDES 8 HANDS-ON SCIENCE LABS, SUMMER CAMPS, BILINGUAL WEEKEND WORKSHOPS, AFTER-SCHOOL PROGRAMS, EDUCATIONAL FILMS, AND THE TECH CHALLENGE PROGRAM. ALL OF THESE PROGRAMS ALIGN WITH NEXT GENERATION SCIENCE STANDARDS AND COMMON CORE. APPROXIMATELY 120,000 CALIFORNIA STUDENTS K-12 VISITED THE REGULAR MUSEUM GALLERIES THROUGH OUR FREE FIELD TRIP PROGRAM. MORE THAN HALF OF THOSE STUDENTS WERE FROM TITLE 1 SCHOOLS. MANY OF THESE TITLE 1 STUDENTS ACCESSED OUR FEE-WAIVED SUPPORT FROM DONORS THAT ALLOWED DEEPER ENGAGEMENT WITH SCIENCE AND TECHNOLOGY: NEARLY 50,000 SAW AN EDUCATIONAL IMAX FILM AND 20,100 STUDENTS PARTICIPATED IN 90-MINUTE LABS LED BY TRAINED INSTRUCTORS. THE TECH MUSEUM OF INNOVATION REACHES OUT TO DIFFERENT ETHNIC AND SOCIOECONOMIC COMMUNITIES TO INTRODUCE STUDENTS NOT ONLY TO STEM CONCEPTS, BUT ALSO TO THE THRILL OF HANDS-ON LEARNING AND REAL-WORLD DESIGN. 1402797 356179 MORE THAN 7,000 MEMBERS HELP SUPPORT THE MUSEUM, INCLUDING MORE THAN 2,128 LOCAL EDUCATORS WHO ARE GRANTED COMPLIMENTARY MEMBERSHIPS. THE TECH MUSEUM OF INNOVATION HOSTS A NUMBER OF COMMUNITY CELEBRATIONS AND MORE THAN 200 RECEPTIONS, EVENTS AND PARTIES. THE TECH MUSEUM OF INNOVATION'S STAFF AND OVER 300 VOLUNTEERS PROVIDE INTERPRETATION SERVICES FOR THE PERMANENT GALLERIES AND TRAVELING EXHIBITS. THEY ALSO ASSIST VISITORS WITH TICKETING, CHOOSING PROGRAMS, AND ASSESSING EDUCATIONAL OPPORTUNITIES SUCH AS IMAX FILM PRESENTATIONS. 11143159 1 1 0 0 0 0 0 0 0 1 1 1 0 1 0 1 1 0 0 0 0 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 42 0 1 122 1 1 1 0 0 0 0 1 1 0 0 0 0 X 42 41 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 40.00 X X 272395 0 0 ANN BOWERS 0.50 X 0 0 0 EDWARD CANNIZZARO 2.00 X X 0 0 0 DANIEL WARMENHOVEN 2.00 X X 0 0 0 ROGER QUINLAN 1.00 X X 0 0 0 MANNY BARBARA 0.50 X 0 0 0 JAMES BARRESE 1.00 X 0 0 0 HARRY BLOUNT 1.00 X 0 0 0 SALLY BOURGOIN 2.00 X 0 0 0 CHRIS BOYD 1.00 X 0 0 0 CHUCK BOYNTON 0.40 X 0 0 0 TERESA BRIGGS 0.50 X 0 0 0 BLAIR CHRISTIE 0.50 X 0 0 0 DAVID CORTESE 0.50 X 0 0 0 DAVID CRAWFORD 2.50 X 0 0 0 JAMES DEICHEN 4.00 X 0 0 0 CHRISTOPHER DIGIORGIO 4.00 X X 0 0 0 JOSEPH FABRIS 1.00 X 0 0 0 JEFF FERRIER 1.00 X 0 0 0 ROBERT GRIMM 3.40 X 0 0 0 WILLIAM HEIL 0.50 X 0 0 0 GERALD HELD 2.00 X 0 0 0 DAVE HOUSE 0.30 X 0 0 0 JOE KAVA 1.00 X 0 0 0 CATHY KIMBALL 0.50 X 0 0 0 RANDY KREZIN 0.50 X 0 0 0 DAN'L LEWIN 1.00 X 0 0 0 BILL MAY 1.00 X 0 0 0 SMITH MCKEITHEN 1.00 X 0 0 0 JAMI NACHTSHEIM 1.20 X 0 0 0 OMKARAM NALAMASU 1.00 X 0 0 0 STUART PANN 1.00 X 0 0 0 DANIEL PEREZ 2.00 X 0 0 0 FRANK QUATTRONE 1.00 X 0 0 0 PETER RELAN 0.50 X 0 0 0 ARCHANA SATHAYE 0.50 X 0 0 0 JUDY SWANSON 0.30 X 0 0 0 JIM VANIDES 0.50 X 0 0 0 JOHN VITALIE 0.50 X 0 0 0 KENNETH WASHINGTON 0.50 X 0 0 0 STEVE YOUNG 0.50 X 0 0 0 HARVARD SUNG 40.00 X X 0 0 0 BILL BAILOR 40.00 X 138360 0 4400 ELIZABETH WILLIAMS 40.00 X 117981 0 12000 DAVID WHITMAN 40.00 X 129080 0 10620 LATH CARLSON 40.00 X 146098 0 0 NARESH KAPAHI 40.00 X 126918 0 22635 930832 0 49655 6 1 1 0 RICHARD KING 201 S MARKET STREET SAN JOSE CA 95113 FUNDRAISING-THE TECH AWARDS 251223 1 2439458 1049750 7635091 517940 11124299 ADMISSIONS AND FEES 611710 1807024 1807024 IMAX TICKET SALES 900099 940438 721359 219079 FACILITY RENTAL 900099 461293 461293 VISITORS SERVICES 900099 356179 356179 STORE REVENUE 453220 204897 204897 3769831 261599 261599 1115000 1115000 40879 0 -40879 -40879 -40879 416103 2439458 699405 -283302 -283302 14831548 3550752 219079 -62582 307888 30789 277099 4804351 3536978 685164 582209 373451 273611 58713 41127 332386 228921 62667 40798 371 371 120975 120975 61127 61127 548977 279981 22885 246111 633109 342076 290943 90 597914 462280 84188 51446 461953 459367 2586 1640657 1476094 124534 40029 124159 97163 21773 5223 1208279 1122535 53116 32628 TECH AWARDS 1643580 1643580 FEES AND SERVICES 694050 577592 116458 OTHER EXPENSES 415078 313435 48200 53443 BUILDING AND EQUIPMENT 220506 218428 2078 80329 80329 14269140 11143159 2030291 1095690 51376 49685 1646648 2221472 12864356 12100086 2051971 1314857 303250 208857 27531945 21066757 5353498 6465188 14942491 17625957 21314517 21189388 58528107 61175490 708842 1189071 332841 385097 1041683 1574168 X 4701977 5799794 40068741 41085822 12715706 12715706 57486424 59601322 58528107 61175490 X 562408 1677619 -125129 0 X X 0 1 X 1 0 X 11117707 8983577 6996214 21690550 11124299 59912347 1304886 1298939 1292636 1285955 1278871 6461287 12422593 10282516 8288850 22976505 12403170 66373634 20881490 45492144 381718 318803 297488 277593 261599 1537201 67910835 18966606 0.66990 0.73610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12715706 1042967 13758673 12715706 12715706 12685706 30000 12715706 12675167 10539 12685706 0.00000 0.92000 0.08000 0 0 10029642 8213145 1816497 4433931 3434921 999010 13068372 9418691 3649681 6465188 EQUITY FUNDS 12133483 F VENTURE CAPITAL FUNDS & PARTNERSHIPS 932595 F CERTIFICATES OF DEPOSIT 4559879 F 17625957 CITY OF SAN JOSE LEASE 21189388 21189388 X 19381317 1677619 2419910 7084 4104613 15276704 61127 -506283 -445156 14831548 17266419 2545039 7084 2552123 14714296 61127 -506283 -445156 14269140 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION MAY REDEEM 5% OF THE THREE-YEAR ROLLING AVERAGE OF THE ENDOWMENT PORTFOLIO VALUE. THIS AMOUNT CAN ONLY BE RELEASED IF AND WHEN THE ENDOWMENT VALUATION EXCEEDS PAR BY AN EQUAL OR GREATER AMOUNT. CFO PROVIDES THE CALCULATION OF FUNDS TO BE REDEEMED AND THE INVESTMENT COMMITTEE CHAIR AUTHORIZES THE INVESTMENT HOLDING TO WIRE QUALIFIED FUNDS TO THE TECH MUSEUM BANK ACCOUNT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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, 2013. 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 DEPRECIATION EXPENSE 7,084. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF TECH AWARD EXPENSES -465,404. RECLASS OF RETIREMENT OF EXHIBITS -40,879. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF DEPRECIATION EXPENSE 7,084. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF TECH AWARD EXPENSES -465,404. RECLASS OF RETIREMENT OF EXHIBITS -40,879. 1 0 0 0 0 0 0 0 0 0 UGANDA PRIZE FOR THE TECH AWARDS 45000 WIRE FMV 0 1 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: THE TECH MUSEUM MAKES ANNUAL AWARDS IN CONJUNCTION WITH ITS ANNUAL GALA. THE PURPOSE OF THE TECH AWARDS IS TO HONOR TECHNOLOGISTS, EDUCATORS, SCIENTISTS AND ENTREPENEURS WHO USE TECHNOLOGY TO IMPROVE OUR WORLD. EACH NOMINEE ELIGIBLE FOR AN AWARD IS 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 1 RICHARD KING 201 S MARKET STREET SAN JOSE CA 95113 FUNDRAISING - THE TECH AWARDS 0 2855561 251223 2604338 2855561 251223 2604338 CA THE TECH AWARDS 2855561 2439458 416103 0 11808 687597 2855561 2439458 416103 11808 687597 699405 -283302 1 BIOLITE 25 JAY ST FLOOR 4 BROOKLYN NY 11201 272628296 65000 FMV PRIZE FOR THE TECH AWARDS EMBRACE 201 SPEEAR ST STE 1100 SAN FRANCISCO CA 94105 830509261 25000 FMV PRIZE FOR THE TECH AWARDS ART CENTER COLLEGE OF DESIGN 1700 LIDA ST PASADENA CA 91103 951921340 25000 FMV PRIZE FOR THE TECH AWARDS ANGAZA DESIGN INCORPORATED 1028 15TH AVE REDWOOD CITY CA 94063 272842254 75000 FMV PRIZE FOR THE TECH AWARDS LITERACY BRIDGE 1904 THIRD AVE STE 733 SEATTLE WA 98101 261335205 501(C)(3) 75000 FMV PRIZE FOR THE TECH AWARDS THE TAGORE-SENGUPTA FOUNDATION 3286 MARSCHANT DRIVE BETHLEHEM PA 18017 264015408 501(C)(3) 75000 FMV PRIZE FOR THE TECH AWARDS TEACHAIDS PO BOX 18701 STANFORD CA 94309 270618533 501(C)(3) 25000 FMV PRIZE FOR THE TECH AWARDS LEHR INCORPORATED 8922 ELLIS AVE LOS ANGELES CA 90034 870798553 25000 FMV PRIZE FOR THE TECH AWARDS GRAMEEN FOUNDATION USA 1101 15 ST NY 3RD FL WASHINGTON DC 20005 731502797 501(C)(3) 25000 FMV PRIZE FOR THE TECH AWARDS SIMPA NETWORKS 4465 17TH ST 6 SAN FRANCISCO CA 94114 272303895 65000 FMV PRIZE FOR THE TECH AWARDS 4 6 TECH AWARDS PRIZE TO PAMELA RONALD 1 75000 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE TECH MUSEUM MAKES ANNUAL AWARDS IN CONJUNCTION WITH ITS ANNUAL GALA. THE PURPOSE OF THE TECH AWARDS IS TO HONOR TECHNOLOGISTS, EDUCATORS, SCIENTISTS AND ENTREPENEURS WHO USE TECHNOLOGY TO IMPROVE OUR WORLD. EACH NOMINEE ELIGIBLE FOR AN AWARD IS VETTED IN ACCORDANCE WITH THE IRS REGULATIONS AND APPLICABLE GUIDANCE TO ENSURE COMPLIANCE WITH THE RULES AND REGULATIONS FOR MAKING DOMESTIC AWARDS. X X 0 0 0 0 0 0 0 0 0 TIM RITCHIE 272395 0 0 0 0 0 0 0 0 0 272395 0 0 0 NARESH KAPAHI 126918 0 0 0 0 0 0 0 22635 0 149553 0 0 0 X ELECTRONICS 13 36052 FMV X EQUIPMENT 8 348290 FMV X FOOD 7 5882 FMV X TRAVEL 24 51560 FMV X WINE 14 30566 FMV X OTHER GOODS 19 274365 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE REVIEWS A DRAFT 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 MUSEUM, AND OTHERS THAT THE TECH MUSEUM 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 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 A SALARY COMPARISON. 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.