WORLD SCIENCE FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WORLD SCIENCE FOUNDATION (EIN 43-2095418)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-12
- IRS object ID
- 201441329349302134
- Schema version
- 2012v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-12T13:08:22-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232932984 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PARENTEBEARD LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 46 PUBLIC SQUARE SUITE 400 | AddressLine1 |
| City | WILKESBARRE | City |
| State | PA | State |
| ZIP Code | 18701 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 432095418 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCIENCE FESTIVAL FOUNDATION | BusinessNameLine1 |
| Business Name Line2 | D/B/A WORLD SCIENCE FESTIVAL | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SCIE | NameControl |
| Phone | 2123481400 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 RIVERSIDE DRIVE SUITE 950 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10115 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TRACY K DAY | Name |
| Title | CHIEF EXECUTIVE OFFICER | Title |
| Phone | 2123481400 | Phone |
| Date Signed | 2014-05-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JULIUS GREEN CPA JD | Name |
| PTIN | P00350393 | PTIN |
| Phone | 5708200100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TRACY K DAY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 RIVERSIDE DRIVE SUITE 950 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10015 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5778795 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WORLDSCIENCEFESTIVAL.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2006 | YearFormation |
| State Legal Domicile | DE | StateLegalDomicile |
| Activity Or Mission Description | TO ENHANCE PUBLIC UNDERSTANDING OF SCIENCE THROUGH EXCEPTIONAL SCIENCE PROGRAMMING, FOR ALL AGES, ACROSS ALL MEDIA. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 3 | NbrIndependentVotingMembers |
| Total Nbr Employees | 170 | TotalNbrEmployees |
| Total Nbr Volunteers | 300 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5242178 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5452238 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 231239 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 266499 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 7237 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7381 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -207434 | OtherRevenuePriorYear |
| Other Revenue Current Year | -215706 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5273220 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5510412 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2368558 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2201450 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 32738 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 521746 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2456377 | OtherExpensePriorYear |
| Other Expenses Current Year | 2891636 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4857673 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5093086 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 415547 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 417326 | RevenuesLessExpensesCY |
| Total Assets BOY | 4156763 | TotalAssetsBOY |
| Total Assets EOY | 4361754 | TotalAssetsEOY |
| Total Liabilities BOY | 771411 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 559076 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3385352 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3802678 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF THE SCIENCE FESTIVAL FOUNDATION IS TO CULTIVATE AND SUSTAIN A GENERAL PUBLIC INFORMED BY THE CONTENT OF SCIENCE, INSPIRED BY ITS WONDER, CONVINCED OF ITS VALUE, AND PREPARED TO ENGAGE WITH ITS IMPLICATIONS FOR THE FUTURE. THE WORLD SCIENCE FESTIVAL, AN UNPRECEDENTED ANNUAL TRIBUTE TO IMAGINATION,INGENUITY AND INVENTIVENESS, TAKES SCIENCE OUT OF THE LABORATORY AND INTO THE STREETS, THEATERS, MUSEUMS, AND PUBLIC HALLS OF NEW YORK CITY, MAKING THE ESOTERIC UNDERSTANDABLE AND THE FAMILIAR FASCINATING. IN 2012, THE FESTIVAL EXPANDED ITS EDUCATIONAL OUTREACH EFFORTS TO PUBLIC SCHOOLS BY PROVIDING SPECIALIZED TEACHER TRAINING MATERIALS AND CURRICULUM GUIDES TO COMPLEMENT SOME OF THE FESTIVAL'S LIVE PROGRAMMING. THESE MATERIALS WERE DISTRIBUTED TO SCHOOLS PRIOR TO THE FESTIVAL, AND TEACHERS WERE INVITED TO BRING THEIR STUDENTS TO THE FESTIVAL. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 3976562 | Expense |
| Revenue | 271429 | Revenue |
| Description | PROGRAM SERVICE ACCOMPLISHMENTS: 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. | Description |
| Total Program Service Expense | 3976562 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 67 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 170 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 3 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 0 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFREY WALLACE - MANAGER OF FINANCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2123481400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 475 RIVERSIDE DRIVE SUITE 950 | AddressLine1 |
| City | NEW YORK | City |
| State | NY | State |
| ZIP Code | 10115 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (7 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee |
|---|---|---|---|---|---|---|---|
| BRIAN GREENE | |||||||
| CHAIRMAN | 10.00 | X | X | 0 | 0 | 0 | |
| ALAN ALDA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ANN ZIFF | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| JUDITH COX | |||||||
| PRESIDENT & TREASURER | 40.00 | X | X | 89577 | 0 | 0 | |
| TRACY DAY | |||||||
| SECRETARY/EXECUTIVE DIRECT | 65.00 | X | X | 270000 | 0 | 0 | |
| GILLIAN SMALL | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| FRANCES REILLY | |||||||
| CHIEF OPERATING OFFICER | 40.00 | 180000 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 539577 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| KENT GORDIS PRODUCTIONS | |||||
| 164 20TH STREET SUITE 3E | BROOKLYN | NY | 11232 | VIDEO PRODUCTION SERVICE | 173352 |
| PJD PRODUCTIONS LLC | |||||
| 439 GREENMOUNT AVENUE | CLIFFSIDE PARK | NJ | 07010 | EVENT PRODUCTION SERVICES | 115040 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Info In Schedule O Part VIII | X | InfoInScheduleOPartVIII |
| Fundraising Events | 524700 | FundraisingEvents |
| Government Grants | 124212 | GovernmentGrants |
| All Other Contributions | 4803326 | AllOtherContributions |
| Total Contributions | 5452238 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TICKET SALES | Description |
| Business Code | 900009 | BusinessCode |
| Total Revenue Column | 266499 | TotalRevenueColumn |
| Related Or Exempt Function Income | 266499 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 266499 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7381 | TotalRevenueColumn |
| Exclusion | $7,381 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 37800 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 524700 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 268383 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -230583 | TotalRevenueColumn |
| Exclusion | -$230,583 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| MISCELLANEOUS INCOME | 900099 | 9947 | $9,947 | |
| SPECIAL EVENTS INCOME | 900099 | 4930 | 4930 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 14877 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5510412 | TotalRevenueColumn |
| Related Or Exempt Function Income | 271429 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | -$213,255 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 355000 | Total |
| Program Services | 355000 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1537658 | Total |
| Program Services | 1061910 | ProgramServices |
| Management And General | 355721 | ManagementAndGeneral |
| Fundraising | 120027 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 167922 | Total |
| Program Services | 119071 | ProgramServices |
| Management And General | 36927 | ManagementAndGeneral |
| Fundraising | 11924 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 140870 | Total |
| Program Services | 102322 | ProgramServices |
| Management And General | 29484 | ManagementAndGeneral |
| Fundraising | 9064 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77050 | Total |
| Management And General | 77050 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29828 | Total |
| Management And General | 29828 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 377838 | Total |
| Program Services | 263081 | ProgramServices |
| Management And General | 8508 | ManagementAndGeneral |
| Fundraising | 106249 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 370105 | Total |
| Program Services | 364495 | ProgramServices |
| Fundraising | 5610 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 136875 | Total |
| Program Services | 88972 | ProgramServices |
| Management And General | 20010 | ManagementAndGeneral |
| Fundraising | 27893 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147673 | Total |
| Program Services | 120736 | ProgramServices |
| Management And General | 15225 | ManagementAndGeneral |
| Fundraising | 11712 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 423205 | Total |
| Program Services | 294924 | ProgramServices |
| Management And General | 5340 | ManagementAndGeneral |
| Fundraising | 122941 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42847 | Total |
| Program Services | 32992 | ProgramServices |
| Management And General | 5570 | ManagementAndGeneral |
| Fundraising | 4285 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10115 | Total |
| Management And General | 10115 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FESTIVAL PRODUCTION COS | Description |
| Total | 1276100 | Total |
| Program Services | 1173059 | ProgramServices |
| Management And General | 1000 | ManagementAndGeneral |
| Fundraising | 102041 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5093086 | Total |
| Program Services | 3976562 | ProgramServices |
| Management And General | 594778 | ManagementAndGeneral |
| Fundraising | 521746 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 266 | BOY |
| EOY | 2590 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3104514 | BOY |
| EOY | 3035136 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 310054 | BOY |
| EOY | 534450 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 282058 | BOY |
| EOY | 281501 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2562 | BOY |
| EOY | 21647 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 611945 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 141989 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 440835 | BOY |
| EOY | 469956 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16474 | BOY |
| EOY | 16474 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4156763 | BOY |
| EOY | 4361754 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 771411 | BOY |
| EOY | 559076 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 771411 | BOY |
| EOY | 559076 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3385352 | BOY |
| EOY | 3802678 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3385352 | BOY |
| EOY | 3802678 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4156763 | BOY |
| EOY | 4361754 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 417326 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4345254 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4542054 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4527683 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5242178 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5452238 | CurrentTaxYear |
| Total | 24109407 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4345254 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4542054 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4527683 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5242178 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5452238 | CurrentTaxYear |
| Total | 24109407 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 18779372 | AmountsSubstContributorsTotal |
| Public Support Total170 | 5330035 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10153 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3361 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10788 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10908 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7381 | CurrentTaxYear |
| Total | 42591 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 1735 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1736 | CurrentTaxYearMinus1Year |
| Current Tax Year | 14877 | CurrentTaxYear |
| Total | 18348 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 24170346 | TotalSupport |
| Gross Receipts From Admissions Etc | 1202729 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.22050 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.29760 | PublicSupportPertcentPriorYear |
| Ten Percent Test Current Year | X | TenPercentTestCurrentYear |
| General Explanation | SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: 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 22.05%. 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. FROM TIME TO TIME, THE FOUNDATION HAS CONTRACTED WITH PROFESSIONAL FUNDRAISERS TO SEEK CORPORATE SPONSORSHIPS AND HIRED INDEPENDENT GRANT-WRITERS. 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 25 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 AND THE KAVLI 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 360 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 $620,000 (IN 2013) FROM OVER 12 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 2,000 INVITATIONS TO BETWEEN 15 AND 20 EVENTS ATTENDED BY AN AVERAGE OF 70 GUESTS PER EVENT. 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. IN EACH OF JUNE 2009, 2010 AND 2011, THE FOUNDATION SENT OVER 3,100 INVITATIONS, AND BETWEEN 840 AND 960 PEOPLE ATTENDED OR PURCHASED TICKETS; OTHERS CONTRIBUTED BUT WERE UNABLE TO ATTEND. IN JUNE 2012, ALTHOUGH THE EVENT WAS HELD IN A MUCH SMALLER VENUE, THE FOUNDATION SENT OVER 3,100 INVITATIONS, AND OVER 300 GUESTS ATTENDED; MANY OTHERS CONTRIBUTED BUT DID NOT ATTEND. THE AGGREGATE VALUE OF INDIVIDUAL CONTRIBUTIONS FROM THE GALA HAS MORE THAN DOUBLED SINCE 2009. IN ADDITION, DURING EACH FESTIVAL, THE FOUNDATION USES SPONSORED RECEPTIONS AND HOSPITALITY CENTERS TO WELCOME 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 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 OUR WEBSITE. SINCE 2009, THE FOUNDATION HAS SOLICITED DONATIONS ON ITS WEBSITE THROUGH NETWORK FOR GOOD. FROM 2010-2013, THE FOUNDATION HAS ATTRACTED APPROXIMATELY $4,335 IN PUBLIC SUPPORT THROUGH NETWORK FOR GOOD. BEGINNING IN 2012, THE FOUNDATION PROVIDED AN OPPORTUNITY FOR TICKET BUYERS TO MAKE A DONATION TO THE FESTIVAL AS PART OF THEIR TICKET PURCHASE. THIS EFFORT RAISED ALMOST $12,144 IN 2013 AND WILL BE CONTINUED IN 2014. 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) EACH WERE EARLY 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 200,000 IN 2013. IN AN EFFORT TO REACH A BROADER PUBLIC, THE FOUNDATION BEGAN STREAMING SOME OF 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. OVER TIME, THE FOUNDATION HAS DEDICATED INCREASED RESOURCES TO PRESENTING FOOTAGE FROM THE FESTIVAL, AS WELL AS NEW EDUCATIONAL MATERIAL, ON ITS WEBSITE, WWW.WORLDSCIENCEFESTIVAL.COM, AND THE PUBLIC HAS RESPONDED. FROM 2008 TO 2013, THE NUMBER OF VISITORS TO THE FOUNDATION'S WEBSITE HAS GROWN FROM OVER 25,000 (DURING THE FINAL QUARTER OF 2008, WHICH WAS THE YEAR THE FOUNDATION PRESENTED ITS FIRST LIVE FESTIVAL) TO OVER 1.8 MILLION FROM 231 COUNTRIES. BY 2013, 45,000 PEOPLE OPTED IN TO JOIN THE FOUNDATION'S DIGITAL MAILING LIST AND RECEIVED NEWSLETTERS, FESTIVAL PROGRAMMING ALERTS, AND EARLY TICKET PURCHASING OPPORTUNITIES. THE FOUNDATION ALSO RELIES ON LARGE NUMBERS OF VOLUNTEERS DURING THE FESTIVAL. IN JUNE 2011, OVER 190 VOLUNTEERS DONATED THEIR TIME TO ENSURE A SUCCESSFUL EVENT. BY 2013, THE FESTIVAL ATTRACTED 220 VOLUNTEERS. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 382205 | OtherCostOrOtherBasis |
| Depreciation | 57330 | Depreciation |
| Book Value | 324875 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 215240 | OtherCostOrOtherBasis |
| Depreciation | 70517 | Depreciation |
| Book Value | 144723 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14500 | OtherCostOrOtherBasis |
| Depreciation | 14142 | Depreciation |
| Book Value | 358 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 469956 | TotalOfBookValueLandBuildings |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 6618398 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 839603 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 839603 | RevenueNotRptdF990 |
| Revenue Subtotal | 5778795 | RevenueSubtotal |
| Other Revenues Not Included | -268383 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -268383 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5510412 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6201072 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 839603 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 268383 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 1107986 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5093086 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5093086 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | 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, 2010. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING DIRECT COSTS INCLUDED IN EXPENSES IN AUDITED FINANCIAL STATEMENT -268,383. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNRAISING DIRECT COSTS REPORTED ON LINE 8B, OF PART VIII 268,383. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | OPENING NIGHT GALA | NameOfEvent1 |
| Gross Receipts Event1 | 562500 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 524700 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 37800 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 57622 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 94255 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 4050 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 112456 | OtherDirectExpensesEvent1 |
| Gross Receipts Total | 562500 | GrossReceiptsTotal |
| Charitable Contributions Total | 524700 | CharitableContributionsTotal |
| Gross Revenue Total Events | 37800 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 57622 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 94255 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 4050 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 112456 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 268383 | DirectExpenseSummaryEvents |
| Net Income Summary | -230583 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRACY DAY | ||||||||||||||
| SECRETARY/EXECUTIVE DIRECT | 215000 | 0 | 0 | 0 | 55000 | 0 | 0 | 0 | 0 | 0 | 270000 | 0 | 0 | 0 |
| FRANCES REILLY | ||||||||||||||
| CHIEF OPERATING OFFICER | 180000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 180000 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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. | |
| 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 BE PAID OUT OVER A FIVE YEAR PERIOD. | CHIEF EXECUTIVE OFFICER'S COMPENSATION |
| PART VIII, LINE 8C | IN THIS CURRENT FISCAL YEAR, THE ORGANIZATION IS SHOWING A NET LOSS FROM THE FUND RAISING EVENT AS THE FORM 990 HAS EXCLUDED $524,700 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 $294,117. | LOSS ON FUNDRAISING EVENT |
| PART IX, LINE 24A | 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. | FESTIVAL PRODUCTION COSTS: |
| PART XII, LINE 2 C | 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. | AUDITOR SELECTION AND OVERSIGHT PROCESS |
| ADDITIONAL INFORMATION FOR PAGE 4, LINE 28A | 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. | PENDING TRANSACTION WITH INTERESTED PARTIES |
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