UNIVERSITY CITY SCIENCE CENTER: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY CITY SCIENCE CENTER (EIN 23-1645908)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-06-11
- IRS object ID
- 201301629349300700
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-06-11T07:47:53-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 131639826 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EISNERAMPER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST AVENUE PO BOX 458 | AddressLine1 |
| City | JENKINTOWN | City |
| State | PA | State |
| ZIP Code | 190460458 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231645908 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY CITY SCIENCE CENTER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 2159666000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3711 MARKET STREET 8TH FLOOR | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19104 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN S TANG | Name |
| Title | PRESIDENT | Title |
| Phone | 2159666000 | Phone |
| Date Signed | 2013-05-30 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN GLUECK | Name |
| PTIN | P00856557 | PTIN |
| Phone | 2158818800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEPHEN S TANG | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3711 MARKET STREET SUITE 800 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 25846496 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SCIENCECENTER.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1963 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | TO ACCELERATE TECHNOLOGY COMMERCIALIZATION IN THE GREATER PHILADELPHIA REGION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 50 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1958828 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1924994 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16885986 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 18153690 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 83984 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1991685 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18928798 | TotalRevenuePriorYear |
| Total Revenue Current Year | 22070369 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 436306 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 304388 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3897364 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4147782 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 569300 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17321731 | OtherExpensePriorYear |
| Other Expenses Current Year | 16769942 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 21655401 | TotalExpensesPriorYear |
| Total Expenses Current Year | 21222112 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2726603 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 848257 | RevenuesLessExpensesCY |
| Total Assets BOY | 93190692 | TotalAssetsBOY |
| Total Assets EOY | 87172164 | TotalAssetsEOY |
| Total Liabilities BOY | 78871794 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 72454411 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 14318898 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 14717753 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO ACCELERATE COMMERCIALIZATION OF THE REGION'S MOST PROMISING SCIENCE AND TECHNOLOGY INNOVATIONS, THEREBY PROMOTING TECHNOLOGY-BASED ECONOMIC DEVELOPMENT, COLLABORATION, EDUCATION AND THE CONTINUING REDEVELOPMENT OF THE SCIENCE CENTER CAMPUS IN UNIVERSITY CITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 1245793 | Expense |
| Revenue | 1576914 | Revenue |
| Description | SEE DETAIL SCHEDULE O NARRATIVE | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 727163 | Expense |
| Revenue | 60489 | Revenue |
| Description | SEE DETAIL SCHEDULE O NARRATIVE | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 14147681 | Expense |
| Revenue | 16480087 | Revenue |
| Description | SEE DETAIL SCHEDULE O NARRATIVE | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 733982 | Expense |
| Grants | 304388 | Grants |
| Revenue | 36200 | Revenue |
| Description | SCIENCE AND TECHNOLOGY-IN EARLY 2009 THE SCIENCE CENTER LAUNCHED THE NATION'S FIRST MULTI-INSTITUTIONAL PROOF-OF-CONCEPT PROGRAM TO FUND AND PROMOTE THE DEVELOPMENT AND COMMERCIALIZATION OF EARLY-STAGE LIFE SCIENCE TECHNOLOGIES AT ACADEMIC RESEARCH INSTITUTIONS. THIS PROGRAM - NAMED 'QED', AFTER THE LATIN PHRASE QUOD ERAT DEMONSTRANDUM ('PROVEN AS DEMONSTRATED') - PROVIDES FUNDING AND BUSINESS DEVELOPMENT SUPPORT FOR ACADEMIC RESEARCHERS THROUGHOUT GREATER PHILADELPHIA BY SUPPORTING EARLY-STAGE LIFE SCIENCE R&D WITH HIGH COMMERCIAL POTENTIAL. AS ANGEL INVESTORS, VENTURE CAPITALISTS, AND ESTABLISHED COMPANIES INCREASINGLY INVEST IN LATER-STAGE ENTERPRISES, FINDING EARLY-STAGE FUNDING TO ACCELERATE INNOVATION HAS BECOME MORE DIFFICULT. QED ASSISTS PROMISING RESEARCHERS TO BRIDGE THE GAP - OFTEN REFERRED TO AS THE 'VALLEY OF DEATH'- BETWEEN PUBLICLY-FUNDED LABORATORY RESEARCH AND PRIVATELY-FUNDED TECHNOLOGY COMMERCIALIZATION AND PRODUCT DEVELOPMENT. QED LEVERAGES THE SCIENCE CENTER'S RELATIONSHIPS WITH UNIVERSITIES, GOVERNMENT AGENCIES, AND PUBLIC AND PRIVATE COMPANIES, DRIVING TECHNOLOGY TRANSFER AND NEW BUSINESS FORMATION, ADVANCING ENTREPRENEURSHIP, AND ENCOURAGING INNOVATION, COMPETITIVENESS, AND KNOWLEDGE-BASE RETENTION AND EXPANSION. THE PROGRAM'S KEY GOAL IS TO MARSHAL EXISTING REGIONAL RESOURCES TO SUBSTANTIALLY REDUCE INVESTMENT RISK IN EARLY-STAGE LIFE SCIENCE R&D PROJECTS, PREPARING THEM FOR ESTABLISHED LIFE SCIENCE COMPANIES AND PRIVATE INVESTORS, WITHOUT ADDING TO THE PROLIFERATION OF SUB-SCALE, UNDERCAPITALIZED VENTURES ALREADY IN THE MARKET. BY ENGAGING THE REGION'S ACADEMIC INSTITUTIONS, RESEARCH SCIENTISTS, ENTREPRENEURS, INVESTORS, AND INDUSTRY STAKEHOLDERS IN EARLY-STAGE COMMERCIALIZATION, THE SCIENCE CENTER WILL ULTIMATELY INCREASE THE PACE AND VALUE OF TECHNOLOGY TRANSFER IN THE REGION. QED GOES BEYOND A TYPICAL GAP FUND IN TWO PRIMARY RESPECTS THAT CAN BE APPLIED TO ANY RESEARCH AREA. FIRST, IT ADDS COMMERCIAL GUIDANCE AS A CRITICAL, EARLY COMPONENT. THIS GUIDANCE TAKES THE FORM OF BUSINESS ADVISORS, SPECIALIST CONSULTANTS (E.G. PATENT LAWYERS, REGULATORY EXPERTS, AND MEDICAL REIMBURSEMENT CONSULTANTS), TECHNICAL AND CLINICAL REVIEW OF TECHNOLOGY BY OUTSIDE REVIEWERS, AND MARKET-BASED SCREENING AND SELECTION. SECOND, IT PROMOTES COMPETITIVE PARTICIPATION BY A LARGE NUMBER OF REGIONAL RESEARCH INSTITUTIONS, INCORPORATING TRANSPARENT PROCESSES AND IDENTIFYING PROJECTS WITH THE GREATEST COMMERCIAL POTENTIAL. CURRENTLY, A TOTAL OF 22 RESEARCH INSTITUTIONS IN PENNSYLVANIA, NEW JERSEY AND DELAWARE PARTICIPATE IN THE PROGRAM. PROJECTS ARE REVIEWED, PRIORITIZED, AND RECOMMENDED FOR FUNDING BY A SELECTION TEAM COMPRISED EXCLUSIVELY OF PROFESSIONALS WHO WORK IN VENTURE CAPITAL AND INDUSTRY, REPRESENTING NUMEROUS REGIONAL AND NATIONAL FIRMS AND COMPANIES. PARTICIPATING ACADEMIC INSTITUTIONS, INVESTORS, AND COMPANIES ARE LISTED AT HTTP://SCIENCECENTER.ORG/PROGRAMS/QED. EACH PROJECT SELECTED FOR FUNDING RECEIVES UP TO $200,000 OVER 12 MONTHS, WITH HALF OF THE FUNDING PROVIDED BY THE SCIENCE CENTER AND THE OTHER HALF BY THE SCIENTIST'S HOST INSTITUTION. CONTINUED FUNDING DURING THE PROJECT IMPLEMENTATION PHASE IS CONDITIONAL UPON SATISFYING THE OBJECTIVES OUTLINED IN THE R&D PLAN, ACCORDING TO MILESTONES AND SCHEDULE. THE QED STAFF MEETS REGULARLY WITH THE PROJECT TEAMS, AND THE INVESTIGATORS PROVIDE PERIODIC PROGRESS UPDATES ON RESEARCH AND COMMERCIALIZATION ACTIVITIES. DURING THIS PHASE, THE QED STAFF ALSO ASSISTS WITH THE IDENTIFICATION AND PURSUIT OF APPROPRIATE SOURCES OF FOLLOW-ON FUNDING FOR SUCCESSFUL PROJECTS THAT EXIT THE PROGRAM. IN 2012, FOR THE FIRST TIME, THE QED TEAM EXPLORED WHETHER THE QED PROCESS COULD BE USED TO MINE THE REGION'S EXPERTISE IN SCIENCE AND TECHNOLOGY RESEARCH FOR OPPORTUNITIES IN SPECIFIC SECTORS. BY FOCUSING THE SCOPE OF THE SOLICITATION, QED COULD SERVE AS A TOOL FOR EFFECTIVELY AND EFFICIENTLY IDENTIFYING, SCREENING, AND DEVELOPING TECHNOLOGIES IN A PARTICULAR FOCUS AREA WITH HIGH COMMERCIAL POTENTIAL. IN 2012, THIS CAPABILITY WAS PILOTED USING 'DIGITAL HEALTH' AS A SPECIAL EMPHASIS TOPIC, WHICH WE SELECTED BASED ON FEEDBACK FROM PARTICIPATING ACADEMIC RESEARCH INSTITUTIONS. IT IS THE INTENTION OF THE QED TEAM TO CONTINUE TO REDIRECT THE PROGRAM'S CAPABILITIES TOWARD FOCUSED PIPELINE DEVELOPMENT, AND TO IDENTIFY OTHER PARTICULAR RESEARCH TOPICS FOR LATER ROUNDS BASED ON MARKET NEED AND INSTITUTION FEEDBACK. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 733982 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 304388 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 36200 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 16854619 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | 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 | 1 | 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 | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | 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 | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | 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 | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 72 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 50 | 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 | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | 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 | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | UNIVERSITY CITY SCIENCE CENTER | NamePerson |
| Telephone Number | 2159666000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3711 MARKET STREET SUITE 800 | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19104 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (33 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|---|
| STEPHEN TANG | |||||||||
| PRESIDENT AND CEO | 40.00 | X | X | 530818 | 0 | 59075 | |||
| MAXINE BALLEN | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| RICHARD A BENDIS | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| CRAIG R CARNAROLI | |||||||||
| BOARD MEMBER - CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | |||
| ERNEST J DIANASTASIS | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| MICHAEL A DIPIANO | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| GLEN N GAULTON | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| PHILIP P GERBINO | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| RICHARD P JAFFE | |||||||||
| BOARD MEMBER - PRIOR CHAIR | 0.30 | X | X | 0 | 0 | 0 | |||
| PHILIP R JOHNSON | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| RUSSEL E KAUFMAN | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| KENNETH L KRING | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| TARA L WEINER | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| DAVID R KING | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| CARL KOPFINGER | |||||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||||
| KENNETH J BLANK | |||||||||
| BOARD MEMBER - VICE CHAIRM | 1.00 | X | X | 0 | 0 | 0 | |||
| CHRISTOPHER M CASHMAN | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| KATHERINE D CROTHALL | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| JAMES A DATIN | |||||||||
| BOARD MEMBER - VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 | |||
| STEVEN J FLUHARTY | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| JANE H HOLLINGSWORTH | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| DAVID P HOLVECK | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| OSAGIE O IMASOGIE | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| PAUL TOUHEY | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| DEBORAH L CRAWFORD | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| J LARRY JAMESON | |||||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||||
| THOMAS GREENWOOD | |||||||||
| VP OF ACCOUNTING, TREASURER | 20.00 | X | 92559 | 92559 | 42932 | 20.00 | |||
| SAUL BEHAR | |||||||||
| VP & GENERAL COUNSEL, SECRETARY | 40.00 | X | 337964 | 0 | 54712 | ||||
| CURTIS HESS | |||||||||
| SENIOR VP REAL ESTATE | 4.00 | 30680 | 276119 | 53498 | 36.00 | X | |||
| JEANNE MELL | |||||||||
| VP MARKETING & COMMUNICATI | 40.00 | 169600 | 0 | 37850 | X | ||||
| CHRISTOPHER LAING | |||||||||
| VP OF SCIENCE & TECH | 40.00 | 168833 | 0 | 31723 | X | ||||
| ROBERT MARCANTUONO | |||||||||
| CORPORATE CONTROLLER | 20.00 | 55875 | 55875 | 18873 | 20.00 | X | |||
| MARY ROBERTSON | |||||||||
| SENIOR PROPERTY MANAGER | 0.00 | 0 | 131704 | 27618 | 40.00 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1386329 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 556257 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 326281 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| INTECH CONSTRUCTION | |||||
| 3001 MARKET STREET | PHILADELPHIA | PA | 19104 | CONSTRUCTION | 1161068 |
| ABM MID-ATLANTIC INC | |||||
| PO BOX 6626 | PHILADLEPHIA | PA | 19178 | JANITORIAL SERVICES | 334212 |
| ALLIED BARTON | |||||
| PO BOX 828854 | PHILADELPHIA | PA | 19182 | SECURITY SERVICES | 315091 |
| COZEN O'CONNOR | |||||
| PO BOX 7247 | PHILADELPHIA | PA | 19170 | LEGAL SERVICES | 284782 |
| GCA SERVICE GROUP | |||||
| PO BOX 643823 | PITTSBURGH | PA | 15264 | JANITORIAL SERVICES | 179333 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 10 | NumberOfContractorsGT100K |
| Government Grants | 1346356 | GovernmentGrants |
| All Other Contributions | 578638 | AllOtherContributions |
| Total Contributions | 1924994 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RENTAL INCOME FROM EXE | 532000 | 16657934 | 16657934 |
| INCUBATOR OPERATIONS | 541900 | 1576914 | 1576914 |
| BUSINESS & COMMUNITY NETWORK | 541900 | 60489 | 60489 |
| SCIENCE & TECHNOLOGY | 541900 | 36200 | 36200 |
| EQUITY IN NET EARNINGS (LOSS) OF | 531390 | -177847 | -177847 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 18153690 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 142359 | TotalRevenueColumn |
| Exclusion | $142,359 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3655512 | Securities |
| Other | 1969941 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3687546 | Securities |
| Other | 88581 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -32034 | Securities |
| Other | 1881360 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1849326 | TotalRevenueColumn |
| Exclusion | $1,849,326 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 22070369 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18153690 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,991,685 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 304388 | Total |
| Program Services | 304388 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1480630 | Total |
| Program Services | 556955 | ProgramServices |
| Management And General | 609864 | ManagementAndGeneral |
| Fundraising | 313811 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2053155 | Total |
| Program Services | 1574233 | ProgramServices |
| Management And General | 475589 | ManagementAndGeneral |
| Fundraising | 3333 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 192383 | Total |
| Program Services | 132943 | ProgramServices |
| Management And General | 52043 | ManagementAndGeneral |
| Fundraising | 7397 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178375 | Total |
| Program Services | 144669 | ProgramServices |
| Management And General | 33706 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 243239 | Total |
| Program Services | 152859 | ProgramServices |
| Management And General | 73851 | ManagementAndGeneral |
| Fundraising | 16529 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35089 | Total |
| Program Services | 35089 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78878 | Total |
| Program Services | 26093 | ProgramServices |
| Management And General | 52785 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115050 | Total |
| Program Services | 5600 | ProgramServices |
| Management And General | 109450 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228230 | Total |
| Fundraising | 228230 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 296751 | Total |
| Program Services | 137602 | ProgramServices |
| Management And General | 159149 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202313 | Total |
| Program Services | 79215 | ProgramServices |
| Management And General | 123098 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 360603 | Total |
| Program Services | 125530 | ProgramServices |
| Management And General | 235073 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6455212 | Total |
| Program Services | 5674469 | ProgramServices |
| Management And General | 780743 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54071 | Total |
| Program Services | 6473 | ProgramServices |
| Management And General | 47598 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3558827 | Total |
| Program Services | 3558827 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4455700 | Total |
| Program Services | 3579218 | ProgramServices |
| Management And General | 876482 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241634 | Total |
| Program Services | 179121 | ProgramServices |
| Management And General | 62513 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SECURITY | 460429 | 459444 | 985 |
| OTHER TAXES | 146267 | 54000 | 92267 |
| MISCELLANEOUS | 69638 | 56641 | 12997 |
| BAD DEBT | 11250 | 11250 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21222112 | Total |
| Program Services | 16854619 | ProgramServices |
| Management And General | 3798193 | ManagementAndGeneral |
| Fundraising | 569300 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2404805 | BOY |
| EOY | 3787815 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1139849 | BOY |
| EOY | 950274 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1742750 | BOY |
| EOY | 4730213 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 155631 | BOY |
| EOY | 274060 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 110221894 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 42730406 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77738533 | BOY |
| EOY | 67491488 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4550100 | BOY |
| EOY | 3936150 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1494742 | BOY |
| EOY | 1538716 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 177847 | BOY |
| EOY | 153605 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3786435 | BOY |
| EOY | 4309843 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93190692 | BOY |
| EOY | 87172164 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2597249 | BOY |
| EOY | 2486770 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8167 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72277629 | BOY |
| EOY | 65491959 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3988749 | BOY |
| EOY | 4475682 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 78871794 | BOY |
| EOY | 72454411 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14261835 | BOY |
| EOY | 14389753 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57063 | BOY |
| EOY | 328000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14318898 | BOY |
| EOY | 14717753 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93190692 | BOY |
| EOY | 87172164 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 848257 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -236199 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -213203 | 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 Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3844260 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2775045 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3031069 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1958828 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1924994 | CurrentTaxYear |
| Total | 13534196 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 19095929 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 17905277 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16255911 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16885986 | CurrentTaxYearMinus1Year |
| Current Tax Year | 18153690 | CurrentTaxYear |
| Total | 88296793 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22940189 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20680322 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 19286980 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 18844814 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20078684 | CurrentTaxYear |
| Total | 101830989 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3406049 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6812039 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8338583 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8950474 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10239430 | CurrentTaxYear |
| Total | 37746575 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3406049 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6812039 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8338583 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8950474 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10239430 | CurrentTaxYear |
| Total | 37746575 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 64084414 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 500697 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 228171 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 140554 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 95212 | CurrentTaxYearMinus1Year |
| Current Tax Year | 142359 | CurrentTaxYear |
| Total | 1106993 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 500697 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 228171 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 140554 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 95212 | CurrentTaxYearMinus1Year |
| Current Tax Year | 142359 | CurrentTaxYear |
| Total | 1106993 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23440886 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20908493 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 19427534 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 18940026 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20221043 | CurrentTaxYear |
| Total | 102937982 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.62260 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.66150 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01080 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.01480 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $228,230 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 228230 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | THE UNIVERSITY CITY SCIENCE CENTER UTILIZED THE SERVICES OF CONSULTANTS TO ASSIST IN THE PROCUREMENT OF PUBLIC SECTOR FUNDING TO SUPPORT ITS PROGRAMS AND CAPITAL PROJECTS. THE CONSULTANTS POSITIONED UCSC TO RECEIVE FUNDING, PRIMARILY THROUGH DIRECT GRANTS. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 188354 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 18554 | InvestmentEarningsOrLosses |
| End Of Year Balance | 206908 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1196096 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 2767 | InvestmentEarningsOrLosses |
| Other Expenditures | 1010509 | OtherExpenditures |
| End Of Year Balance | 188354 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 924731 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 92009 | InvestmentEarningsOrLosses |
| Other Expenditures | -179356 | OtherExpenditures |
| End Of Year Balance | 1196096 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1474425 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 107067 | InvestmentEarningsOrLosses |
| Other Expenditures | 656761 | OtherExpenditures |
| End Of Year Balance | 924731 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1773141 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -298716 | InvestmentEarningsOrLosses |
| End Of Year Balance | 1474425 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4770252 | OtherCostOrOtherBasis |
| Book Value | 4770252 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 101776344 | OtherCostOrOtherBasis |
| Depreciation | 40122503 | Depreciation |
| Book Value | 61653841 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2995554 | OtherCostOrOtherBasis |
| Depreciation | 2256418 | Depreciation |
| Book Value | 739136 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 679744 | OtherCostOrOtherBasis |
| Depreciation | 351485 | Depreciation |
| Book Value | 328259 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 67491488 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEPOSITS & OTHER CURRENT LIAB. | $1,594,879 |
| OTHER LONG TERM LIABILITIES | $2,880,803 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4475682 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 24313662 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -236199 | NetUnrealizedGainsInvestments |
| Other Revenues | 2390911 | OtherRevenues |
| Revenue Not Rptd F990 | 2154712 | RevenueNotRptdF990 |
| Revenue Subtotal | 22158950 | RevenueSubtotal |
| Other Revenues Not Included | -88581 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -88581 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 22070369 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 23832189 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2521496 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2521496 | ExpensesNotRptdF990 |
| Expenses Subtotal | 21310693 | ExpensesSubtotal |
| Other Expenses Not Included | -88581 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -88581 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 21222112 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | DEVELOPMENT FUND INCOME IS ALLOCATED FOR USE IN SCIENCE CENTER OPERATIONS. THE FUND IS AVAILABLE TO SUPPORT WORKING CAPITAL, DEVELOPMENT AND CAPITAL PURPOSES. THE ESTHER M. KLEIN ENDOWMENT FUND SUPPORTS KLEIN GALLERY (EKG) OPERATIONS THROUGH BREADBOARD, IN AN EFFORT TO PROMOTE ART AND SCIENCE AND ART EDUCATION TO THE SURROUNDING PHILADELPHIA COMMUNITY. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SCIENCE CENTER AND ITS CONSOLIDATED SUBSIDIARIES, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2012 AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE CENTER RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WAS NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | REVENUE OF CONSOLIDATED SUBSIDIARIES 1,594,478. QED PROGRAM MATCH 333,437. UNREALIZED GAIN ON INTEREST RATE SWAP 462,996. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | ACQUISITION BASIS IN LIMITED PARTNERSHIP -88,581. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENDITURES OF CONSOLIDATED SUBSIDIARIES 2,188,059. QED PROGRAM MATCH 333,437. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | ACQUISITION BASIS IN LIMITED PARTNERSHIP -88,581. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| TEMPLE UNIVERSITY | |||||||
| 1938 LIACOURAS WALK | PHILADELPHIA | PA | 19122 | 231365971 | 501(C)(3) | 8315 | PROOF OF CONCEPT FUNDING |
| UNIVERSITY OF PENNSYLVANIA | |||||||
| 3451 WALNUT ST | PHILADELPHIA | PA | 19104 | 231352685 | 501(C)(3) | 33086 | PROOF OF CONCEPT FUNDING |
| CHILDREN'S HOSPITAL OF PHILADELPHIA | |||||||
| 3550 MARKET ST | PHILADELPHIA | PA | 19104 | 231352166 | 501(C)(3) | 16912 | PROOF OF CONCEPT FUNDING |
| THOMAS JEFFERSON UNIVERSITY | |||||||
| 1020 LOCUST STREET SUITE M-34 | PHILADELPHIA | PA | 19107 | 231352651 | 501(C)(3) | 54390 | PROOF OF CONCEPT FUNDING |
| PHILADELPHIA UNIVERSITY | |||||||
| 4201 HENRY AVENUE | PHILADELPHIA | PA | 19144 | 231352294 | 501(C)(3) | 100000 | PROOF OF CONCEPT FUNDING |
| LEHIGH UNIVERSITY | |||||||
| 27 MEMORIAL DRIVE WEST | BETHLEHEM | PA | 18015 | 240795445 | 91685 | PROOF OF CONCEPT FUNDING | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 6 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 6 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: GRANT FUNDS MONITORING AT UCSC IS AN ORGANIZATION-WIDE ENDEAVOR. THE GRANT ADMINISTRATOR COORDINATES THE GRANT PROCESS FROM APPLICATION THROUGH CLOSE OUT WITH OVERSIGHT PROVIDED BY AN EXECUTIVE STAFF MEMBER. THE GRANT ADMINISTRATOR REVIEWS THE AWARD DOCUMENTATION AND APPLICABLE LAWS TO ENSURE COMPLIANCE WITH THE TERMS AND CONDITIONS OF THE AWARD. IN INSTANCES WHERE THE SCIENCE CENTER GRANTS SUB-AWARDS, THE SCIENCE CENTER RESERVES THE RIGHT TO REQUEST PROOF OF EXPENDITURE AS WELL AS SUPPORTING DOCUMENTATION TO SUBSTANTIATE EXPENSES FROM THE SUB-RECIPIENT. REPORTING REQUIREMENTS ARE COORDINATED BY THE GRANT ADMINISTRATOR IN CONJUNCTION WITH THE ASSIGNED EXECUTIVE. UPON TERMINATION OF THE AWARD, IT IS THE RESPONSIBILITY OF THE GRANT ADMINISTRATOR TO FINALIZE THE GRANT AND SUBMIT ALL REQUIRED CLOSE OUT MATERIALS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEPHEN TANG | ||||||||||||||
| PRESIDENT AND CEO | 370818 | 0 | 160000 | 0 | 0 | 0 | 48689 | 0 | 10386 | 0 | 589893 | 0 | 0 | 0 |
| THOMAS GREENWOOD | ||||||||||||||
| VP OF ACCOUNTING, TREASURER | 77559 | 77559 | 15000 | 15000 | 0 | 0 | 13839 | 13839 | 7627 | 7627 | 114025 | 114025 | 0 | 0 |
| SAUL BEHAR | ||||||||||||||
| VP & GENERAL COUNSEL, SECRETARY | 277964 | 0 | 60000 | 0 | 0 | 0 | 39257 | 0 | 15455 | 0 | 392676 | 0 | 0 | 0 |
| CURTIS HESS | ||||||||||||||
| SENIOR VP REAL ESTATE | 23680 | 213119 | 7000 | 63000 | 0 | 0 | 3801 | 34210 | 1549 | 13938 | 36030 | 324267 | 0 | 0 |
| JEANNE MELL | ||||||||||||||
| VP MARKETING & COMMUNICATI | 134600 | 0 | 35000 | 0 | 0 | 0 | 25753 | 0 | 12097 | 0 | 207450 | 0 | 0 | 0 |
| CHRISTOPHER LAING | ||||||||||||||
| VP OF SCIENCE & TECH | 138833 | 0 | 30000 | 0 | 0 | 0 | 25890 | 0 | 5833 | 0 | 200556 | 0 | 0 | 0 |
| MARY ROBERTSON | ||||||||||||||
| SENIOR PROPERTY MANAGER | 0 | 121704 | 0 | 10000 | 0 | 0 | 0 | 12501 | 0 | 15117 | 0 | 159322 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | THE SCIENCE CENTER REIMBURSES THE DUES OF THE PRESIDENT/CEO OF THE CENTER PAID TO THE UNION LEAGUE OF PHILADELPHIA. THIS ORGANIZATION INCLUDES AS MEMBERS MANY TOP LEADERS IN BUSINESS, LAW, ACADEMIA, ETC., PROVIDING FACILITIES AND RESOURCES FOR NETWORKING, MEETINGS, AND KNOWLEDGE ENHANCEMENT. MEMBERSHIP IN THE LEAGUE FOSTERS DEVELOPMENT AND ENHANCEMENT OF RELATIONSHIPS WITH RESOURCES AND INDIVIDUALS VITAL TO THE CONTINUATION AND GROWTH OF THE CENTER'S PROGRAMS AND GOALS. |
| PART I, LINE 3 | SEE SCHEDULE O NARRATIVE - FORM 990, PART VI, SECTION B, LINE 15. |
| PART I, LINE 4B | SECTION 457(F) DEFERRED COMPENSATION PLAN. ACCRUED CONTRIBUTION APPLICABLE TO OFFICERS, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES LISTED ON SCHEDULE J TOTALED $74,118 FOR THE YEAR ENDED DECEMBER 31, 2012. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (12 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROGRAM SERVICE STATEMENT | FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: | INCUBATOR- AT THE HEART OF THE SCIENCE CENTER LIES THE PORT BUSINESS INCUBATOR, WHICH HOUSES AND FACILITATES THE GROWTH OF EARLY-STAGE TECHNOLOGY COMPANIES. SINCE THE SCIENCE CENTER'S INCEPTION IN 1963, GRADUATE ORGANIZATIONS AND CURRENT RESIDENTS OF THE INCUBATOR HAVE CREATED MORE THAN 15,000 JOBS THAT REMAIN IN THE GREATER PHILADELPHIA REGION TODAY AND CONTRIBUTE MORE THAN $9 BILLION TO THE REGIONAL ECONOMY ANNUALLY. IN FURTHERING THEIR ADVANCEMENT OF SCIENCE, THE INCUBATOR COMPANIES' WORK ENCOMPASSES INNOVATIONS IN THERAPEUTICS, MEDICAL DEVICES, DIAGNOSTICS, RESEARCH TOOLS, BIOINFORMATICS, NANOTECHNOLOGY, INFORMATION TECHNOLOGY, AND CLEAN ENERGY TECHNOLOGY. ADDITIONALLY, DURING THE LAST YEAR, THE SCIENCE CENTER HAS BEEN EXPLORING THE UTILITY OF THE PORT AS AN 'INCUBATOR'OF INCUBATORS, HOSTING A NUMBER OF PROGRAMS ON BEHALF OF ACADEMIC INSTITUTIONS, CORPORATIONS, AND GOVERNMENT ORGANIZATIONS WHICH ARE SEEKING FLEXIBLE WAYS TO INCUBATE THEIR OWN BUSINESS VENTURES. PORT STAFF WILL CONTINUE TO SEEK OPPORTUNITIES TO PARTNER AND COLLABORATE WITH DOMESTIC AND FOREIGN ORGANIZATIONS IN BUSINESS INCUBATION. THE PORT PROVIDES FACILITATED ACCESS TO AN INNOVATION ENVIRONMENT OF ADVISORY SERVICES, BUSINESS SERVICES, ACADEMIC RESOURCES AND EXPERTISE, AND A 30,000 SQUARE FOOT BUSINESS INCUBATOR FACILITY. PORT COMPANIES BENEFIT FROM THE SCIENCE CENTER'S BUSINESS ADVISORY COMMUNITY OF PROVEN ENTREPRENEURIAL MENTORS, AND THE SCIENCE CENTER'S SCIENTIFIC ADVISORY COMMITTEE COMPRISING THE SENIOR RESEARCH OFFICERS AT THE REGION'S PRESTIGIOUS RESEARCH INSTITUTIONS. COMPANIES ARE HOUSED WITHIN A PLUG-AND-PLAY, STATE-OF-THE-ART OFFICE AND LABORATORY FACILITY ABLE TO ACCOMMODATE UP TO 150 PERSONNEL. RESIDENTS HAVE ACCESS TO EDUCATIONAL AND NETWORKING EVENTS, BROADBAND CONNECTIVITY, SHARED LABORATORY AND OFFICE EQUIPMENT, AND SHARED CONFERENCE FACILITIES. PORT MANAGERS SUPPORT THE INCUBATION PROCESS, ASSISTING RESIDENTS WITH INDIVIDUAL GROWTH NEEDS AND FACILITATING THEIR 'GRADUATION' FROM THE PORT. TYPICAL RESIDENTS HAVE SEED-STAGE TO SERIES A CAPITAL AND 1-25 EMPLOYEES. THE INCUBATORS FLEXIBLY ACCOMMODATE THE CHANGING NEEDS OF EMERGING, FAST-GROWTH COMPANIES AND ARE ABLE TO OFFER FOOTPRINTS FROM VIRTUAL THROUGH SINGLE DESK, TO SINGLE, DOUBLE OR TRIPLE OCCUPANCY OFFICE SPACE, AND A RANGE OF LAB SPACE TO ACCOMMODATE 1 - 16 RESEARCHERS. THIS MAKES THE PORT ONE OF THE MOST FLEXIBLE INCUBATOR FACILITIES IN THE REGION. |
| PROGRAM SERVICE STATEMENT | FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: | BUSINESS AND COMMUNITY NETWORKS- THE SCIENCE CENTER SUPPORTS THE COMMUNITY THROUGH A VARIETY OF PROGRAMS AND PARTNERSHIPS, INCLUDING BREADBOARD/EKG, QUORUM, THE REGIONAL AFFINITY INCUBATION NETWORK (RAIN), STEM EDUCATION INITIATIVES, AND THE UNIVERSITY CITY KEYSTONE INNOVATION ZONE (UCKIZ). LAUNCHED IN 2010, BREADBOARD IS A HYBRID PROGRAM AT THE UNIVERSITY CITY SCIENCE CENTER THAT EXPLORES INTERSECTIONS BETWEEN CONTEMPORARY ART, TECHNOLOGY AND SCIENCE. BREADBOARD PROGRAMS FALL INTO THREE DISTINCT CATEGORIES: EKG EXHIBITION SERIES, BREADBOARD ARTIST RESIDENCY PROGRAM AND OUR YOUTH & COMMUNITY OUTREACH PROGRAM. THROUGH A UNIQUE PARTNERSHIP WITH NEXTFAB STUDIO, BREADBOARD ENGAGES INDIVIDUALS AND COMMUNITIES AT ALL LEVELS OF INTEREST AND EXPERIENCE. NEXTFAB STUDIO IS A RAPID PROTOTYPING WORKSPACE AND TEACHING FACILITY FEATURING 21ST CENTURY TOOLS AND TECHNOLOGY THAT INCLUDE 3-D PRINTERS, COMPUTER OPERATED EQUIPMENT SUCH AS LASER CUTTERS AND MILLING MACHINES, DIGITAL EMBROIDERS AND LARGE-SCALE COLOR AND VINYL PRINTERS, COMPUTER GRAPHICS, AND VIDEO AND SOUND EDITING LABS. THE OBJECTIVE OF BREADBOARD PROGRAMMING IS TO USE ART AND CREATIVITY AS A PLATFORM FOR INTRODUCING NEW CREATIVE TOOLS AND TECHNOLOGY TO THE GENERAL PUBLIC THROUGH HANDS-ON COLLABORATIVE WORKSHOP EVENTS AND ACTIVITIES. BREADBOARD ALSO MANAGES A PUBLIC ART SPACE KNOWN AS EKG (ESTHER KLEIN GALLERY). EKG EXHIBITS AND PROJECTS EXPLORE INTERSECTIONS BETWEEN ART, DESIGN, SCIENCE AND TECHNOLOGY. THE PRIMARY AIM OF EKG IS TO EXAMINE NEW ART AND CONTEMPORARY ARTS PRACTICES THAT ARE INFLUENCED BY TECHNOLOGY, AND TO GENERATE PUBLIC DISCOURSE THROUGH THE EXHIBITION OF CREATIVE WORKS THAT COMMENT ON LIFE AND OUR ENVIRONMENT IN A DIGITAL AGE. QUORUM, AN EFFORT TO SUPPORT LONG-TERM COLLABORATIVE REGIONAL ECONOMIC DEVELOPMENT, IS A SCIENCE CENTER INITIATIVE THAT UNITES THE REGION'S ENTREPRENEURSHIP AND INNOVATION COMMUNITIES THROUGH A CENTRAL, NEUTRAL GATHERING SPACE AT 3711 MARKET STREET AND RELATED PROGRAMS THROUGHOUT THE REGION. QUORUM STRENGTHENS THE REGION'S CULTURE OF TECHNOLOGY-BASED ECONOMIC DEVELOPMENT BY OFFERING PROGRAMS AND FACILITATING CONNECTIONS BETWEEN ENTREPRENEURS, INNOVATORS, FUNDERS AND RESOURCE ORGANIZATIONS, WITH THE ULTIMATE GOAL OF INNOVATION, COMPANY FORMATION AND JOB CREATION. IN 2012, THE SCIENCE CENTER EXPANDED THE REACH OF QUORUM AS IT PILOTED SATELLITE QUORUM PROGRAMMING AT THE PHILADELPHIA NAVY YARD. SATELLITE QUORUM SUPPORTS THE ENERGY EFFICIENT BUILDINGS HUB (EEB HUB)'S GOAL OF REDUCING ENERGY CONSUMPTION IN COMMERCIAL BUILDINGS BY OFFERING PROGRAMMING TARGETED TO ENTREPRENEURS IN THE CLEAN TECH/ADVANCED ENERGY RETROFIT SECTORS. RAIN: THE SCIENCE CENTER LAUNCHED A NETWORK OF BUSINESS PARKS IN THE REGION IN 2009. THE REGIONAL AFFINITY INCUBATION NETWORK (RAIN) BRINGS TOGETHER RESEARCH PARKS, INCUBATORS, ACCELERATORS, CO-WORKING SPACES AND SUPPORTING ORGANIZATIONS INVOLVED IN TECHNOLOGY-FOCUSED ECONOMIC DEVELOPMENT INITIATIVES. RAIN HAS GROWN FROM ITS BEGINNINGS IN 2009. MORE THAN 125 PEOPLE ATTENDED THE 4TH ANNUAL RAIN CONFERENCE IN JULY 2012 THAT EXPLORED DIFFERENT BUSINESS MODELS THAT SUPPORT ENTREPRENEURSHIP. THE GROWTH IN INTEREST AND PARTICIPATION CAN BE DIRECTLY ATTRIBUTED TO THE EXPANSION OF THE RAIN COMMUNITY TO INCLUDE THE DIVERSE GROUP OF INCUBATORS, ACCELERATORS AND CO-WORKING SPACES POPPING UP ACROSS THE GREATER PHILADELPHIA REGION. STEM EDUCATION: IN ADDITION TO ITS BREADBOARD PROGRAM, THE SCIENCE CENTER WORKS CLOSELY WITH LOCAL NONPROFITS, SUCH AS PHILADELPHIA ACADEMIES INC., TO IMPROVE SCIENCE EDUCATION IN CITY SCHOOLS AND CLASSROOMS. IN THE SUMMER OF 2012, THE SCIENCE CENTER AND ITS RESIDENT COMPANIES HOSTED THREE SUMMER INTERNS FROM PHILADELPHIA ACADEMIES' BIOTECHNOLOGY ACADEMY. THE SCIENCE CENTER IS ONE OF THE FOUNDING PARTNERS AND THE FISCAL AGENT OF THE UNIVERSITY CITY KEYSTONE INNOVATION ZONE (UC KIZ), A PARTNERSHIP DESIGNED TO BUILD KNOWLEDGE-BASED ECONOMIES AND CULTIVATE ENTREPRENEURSHIP IN PENNSYLVANIA. THE UC KIZ HAS A CONCENTRATION OF RESOURCES FOR SUPPORTING AND GROWING LIFE SCIENCES COMPANIES. IN 2012 WE EXPANDED THE TARGETED INDUSTRY SECTORS OF THE UCKIZ TO ALSO INCLUDE INFORMATION TECHNOLOGY. HOME TO NUMEROUS LIFE SCIENCES AND IT STARTUPS, SEVERAL MAJOR UNIVERSITIES, NON-PROFIT RESEARCH INSTITUTES, AND RESEARCH AND TEACHING HOSPITALS, THE UC KIZ COMMUNITY HAS THE INFRASTRUCTURE AND RESOURCES THAT GROWING LIFE SCIENCES AND IT COMPANIES NEED. |
| PROGRAM SERVICE STATEMENT | FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS: | OWNED REAL ESTATE- THE SCIENCE CENTER CAMPUS ENCOMPASSES 17 ACRES, 15 BUILDINGS, AND 2 MILLION SQUARE FEET WITHIN A FOUR-BLOCK AREA THAT IS HOME TO 100 COMPANIES EMPLOYING 8,000 PEOPLE. CURRENTLY, THE SCIENCE CENTER OWNS AND MANAGES APPROXIMATELY ONE MILLION SQUARE FEET OF SPACE IN SEVEN BUILDINGS, INCLUDING TWO INCUBATORS FOR FLEDGLING BUSINESSES. IN KEEPING WITH THE AGILITY OF ENTREPRENEURS, SHORT-TERM LEASES ARE AVAILABLE, WITH OPPORTUNITIES FOR GROWTH. THE SCIENCE CENTER BROKE GROUND ON ITS 16TH BUILDING IN SEPTEMBER 2012. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE OWNERSHIP OF SHARES OF THE CORPORATION IS RESTRICTED TO CORPORATIONS QUALIFIED FOR EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. | |
| FORM 990, PART VI, SECTION A, LINE 7A | ANNUAL STOCKHOLDER MEETINGS: AFTER EACH ANNUAL ELECTION OF DIRECTORS, THE BOARD OF DIRECTORS MEETS FOR THE PURPOSE OF ORGANIZATION, ELECTION OF A CHAIRMAN OF THE BOARD AND OTHER OFFICERS, AND THE TRANSACTION OF OTHER BUSINESS AT THE OFFICE OF THE CORPORATION. | |
| FORM 990, PART VI, SECTION A, LINE 7B | REGULAR AND ANNUAL MEETINGS ARE HELD FOR THE TRANSACTION OF BUSINESS. SPECIAL MEETINGS MAY ALSO BE HELD AT THE DIRECTION OF THREE OR MORE SHAREHOLDERS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE COMPLETED 990 IS PRESENTED FOR REVIEW AND APPROVAL BY THE AUDIT COMMITTEE, AT WHICH TIME IT WILL BE MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH BOARD MEMBER AND EXEMPT EMPLOYEE IS REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE FORM, INDICATING THAT HE/SHE UNDERSTANDS THE POLICY AND WILL ALERT THE ORGANIZATION SHOULD A CONFLICT OCCUR. THIS PROCESS IS OVERSEEN BY THE SCIENCE CENTER'S GENERAL COUNSEL. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD HIRED MERCER HUMAN RESOURCE CONSULTING IN 2010 TO REVIEW CEO AND EXECUTIVE COMPENSATION AND PROVIDE BENCHMARK INFORMATION ON SALARY AND INCENTIVE COMPENSATION. AN ARRAY OF 501 (C)(3) AND FOR-PROFIT BENCHMARKS WERE INCLUDED IN THE STUDY IN ORDER TO COMPARE ENTITIES AND THEIR COMPENSATION STRUCTURES THAT REPRESENTED BUSINESS AND SERVICE OPERATIONS OF A COMPARABLE NATURE. THE FINDINGS FROM MERCER'S STUDY WERE AND HAVE BEEN INCORPORATED INTO ANNUAL REVIEW AND COMPENSATION PLANNING FOR THE CEO AND HIS TEAM. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS MANAGEMENT COMPENSATION AND APPROVES ALL CHANGES, WHICH IS DOCUMENTED IN THE BOARD MINUTES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | A PERSON REQUESTING A COPY OF THE GOVERNING DOCUMENTS ETC. PLACES HIS / HER REQUEST WITH THE SECRETARY OF THE UNIVERSITY CITY SCIENCE CENTER. UPON RECEIPT OF THE REQUEST, THE REQUESTED INFORMATION IS MADE AVAILABLE TO THE INTERESTED PARTY. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | LOSS ON TAXABLE SUBSIDIARIES -593,581. UNREALIZED GAIN ON INTEREST RATE SWAP 462,996. DISTRIBUTIONS TO NONCONTROLLING INTEREST PARTNERS -82,618. |
| FORM 990, PART XII, LINE 2C | THE SCIENCE CENTER BOARD HAS DESIGNATED AN AUDIT COMMITTEE WITH GENERAL OVERSIGHT RESPONSIBILITIES FOR THE INDEPENDENT AUDIT OF THE ORGANIZATION. THERE HAS BEEN NO SIGNIFICANT CHANGE IN THE PROCESS DURING THE 2012 YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| 3701 UNIVERSITY CITY SCIENCE CENTER ASSOCIATES LP | |||||||||
| 3711 MARKET STREET | PHILADELPHIA | PA | 19104 | 233040122 | COMMERICAL REAL ESTATE PROPERTY OWNERSHIP AND RENTAL | PA | 736308 | 28439623 | UNIVERSITY CITY SCIENCE CENTER |
| 3701 UNIVERSITY CITY SCIENCE CENTER ASSOCIATES LLC | |||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233040121 | COMMERICAL REAL ESTATE PROPERTY OWNERSHIP AND RENTAL | PA | 287269 | 7437 | UNIVERSITY CITY SCIENCE CENTER |
Form990 Schedule R Part III Form990ScheduleRPartIII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership | Share Of EOY AssetsShareOfEOYAssets |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY PARK ASSOCIATES I LLC | |||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233011497 | OFFICE BUILDING | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | 25458 | 0 | 0 | 0.75000 | |
| UNIVERSITY PARK ASSOCIATES II LLC | |||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233011120 | OFFICE BUILDING | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | -64897 | 0 | 0 | 0.75000 | |
| WHALEY PARTNERS LP | |||||||||||||
| 3711 MARKET STREET 8TH FLOOR | PHILADELPHIA | PA | 19104 | 208824011 | INVESTMENT | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | 91084 | 0 | 0 | 0.80070 | 158156 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PORT OF TECHNOLOGY INC | ||||||||||||
| 3711 MARKET STREET SUITE 400 | PHILADELPHIA | PA | 19104 | 233054794 | INCUBATOR STARTUP SUPPORT | PA | UNIVERSITY CITY SCIENCE CENTER | C | 1.00000 | 0 | ||
| RESEARCH PARK INC | ||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 232671100 | SERVICES - REAL ESTATE MGMT | PA | UNIVERSITY CITY SCIENCE CENTER | C | 1.00000 | 0 | -363959 | 246804 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| RESEARCH PARK INC | |
| L | 387888 |
| RESEARCH PARK INC | |
| P | 18000 |
| RESEARCH PARK INC - NET INTERCOMPANY CHANGE | |
| D | -588137 |
| RESEARCH PARK INC | |
| J | 275925 |
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