UNIVERSITY CITY SCIENCE CENTER: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY CITY SCIENCE CENTER (EIN 23-1645908)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-08-30
- IRS object ID
- 201142429349300319
- Schema version
- 2010v3.4
- 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 | 2011-08-30T14:26:59-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
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 | 2010-01-01 | 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 TANG | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 2159666000 | Phone |
| Date Signed | 2011-08-26 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2158818800 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEPHEN TANG | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3711 MARKET STREET 8TH FLOOR | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19104 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 19556597 | 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 | 49 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2775045 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3080596 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16501607 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 16255911 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 224236 | InvestmentIncomePriorYear |
| Investment Income Current Year | 220090 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 41771 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 19542659 | TotalRevenuePriorYear |
| Total Revenue Current Year | 19556597 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 143005 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 490298 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3381039 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3809669 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 508379 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 18817095 | OtherExpensePriorYear |
| Other Expenses Current Year | 18692650 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 22341139 | TotalExpensesPriorYear |
| Total Expenses Current Year | 22992617 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2798480 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -3436020 | RevenuesLessExpensesCY |
| Total Assets BOY | 99429923 | TotalAssetsBOY |
| Total Assets EOY | 97999897 | TotalAssetsEOY |
| Total Liabilities BOY | 79166497 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 79911667 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20263426 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 18088230 | 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 INNOVATOR- AND ENTREPRENEUR-BASED ECONOMIC DEVELOPMENT, COLLABORATION AND EDUCATION AS WELL AS THE CONTINUING REDEVELOPMENT OF UNIVERSITY CITY. | MissionDescription |
| Significant New Program Services | 1 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 1776307 | Expense |
| Revenue | 1608239 | Revenue |
| Description | INCUBATOR. SEE DETAIL SCHEDULE O NARRATIVE | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2096274 | Expense |
| Grants | 475298 | Grants |
| Revenue | 12460 | Revenue |
| Description | BUSINESS AND COMMUNITY NETWORKS. SEE DETAIL SCHEDULE O NARRATIVE | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 14135247 | Expense |
| Revenue | 14609712 | Revenue |
| Description | OWNED REAL ESTATE. SEE DETAIL SCHEDULE O NARRATIVE | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 811371 | Expense |
| Revenue | 25500 | Revenue |
| Description | SCIENCE AND TECHNOLOGY. SEE SEPARATELY DETAILED PROGRAM ACHIEVEMENTS NARRATIVE | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 811371 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 25500 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 18819199 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| 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 | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 98 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 49 | 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
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY CITY SCIENCE CENTER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (35 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| STEPHEN TANG | |||||||
| PRESIDENT & CEO | 40.00 | X | X | 503467 | 0 | 42289 | |
| 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 | 1.00 | 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 | 1.00 | X | 0 | 0 | 0 | ||
| EDUARDO D GLANDT | |||||||
| BOARD MEMBER (RESIGNED SPRING 2010) | 0.30 | X | 0 | 0 | 0 | ||
| RICHARD P JAFFE | |||||||
| BOARD MEMBER - CHAIRMAN | 1.00 | 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 | ||
| CR CHUCK PENNONI | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| LISA STAIANO-COICO | |||||||
| BOARD MEMBER (RESIGNED SPRING 2010) | 0.30 | X | 0 | 0 | 0 | ||
| TARA L WEINER | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| ARTHUR H RUBENSTEIN | |||||||
| BOARD MEMBER - VICE CHAIRMAN | 0.30 | X | 0 | 0 | 0 | ||
| DAVID KING | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| CARL KOPFINGER | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| KENNETH J BLANK | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| CHRISTOPHER 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 | 0.30 | X | 0 | 0 | 0 | ||
| STEVEN FLUHARTY | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| JANE H HOLLINGSWORTH | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| DAVE HOLVECK | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| OSAGIE IMASOGIE | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| PAUL TOUHEY | |||||||
| BOARD MEMBER | 0.30 | X | 0 | 0 | 0 | ||
| THOMAS GREENWOOD | |||||||
| VP ACCOUNTING - TREASURER | 40.00 | X | 82588 | 82588 | 31157 | ||
| CURTIS HESS | |||||||
| SENIOR VP REAL ESTATE | 40.00 | X | 28310 | 254790 | 42696 | ||
| SAUL BEHAR | |||||||
| VP & GENERAL COUNSEL - SECRETARY | 40.00 | X | 193627 | 0 | 16050 | ||
| JEANNE MELL | |||||||
| VP MARKETING & COMMUNICATIONS | 40.00 | X | 138150 | 0 | 22435 | ||
| CHRISTOPHER LAING | |||||||
| VP OF SCIENCE & TECH | 40.00 | X | 116543 | 0 | 17226 | ||
| ROBERT MARCANTUONO | |||||||
| CORPORATE CONTROLLER | 40.00 | 52325 | 52325 | 20390 | X | ||
| MARY ROBERTSON | |||||||
| SENIOR PROPERTY MANAGER | 40.00 | 0 | 117787 | 27425 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1115010 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 507490 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 219668 | TotalOtherCompensation |
| Number Individuals GT100 K | 8 | 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 |
|---|---|---|---|---|---|
| AP CONSTRUCTION | |||||
| 915 S BLACKHORSE PIKE | BLACKWOOD | NJ | 08012 | CONSTRUCTION SERVICES | 1229758 |
| ABM MID-ATLANTIC INC | |||||
| PO BOX 6626 | PHILADELPHIA | PA | 19178 | JANITORIAL SERVICES | 908330 |
| ALLIED BARTON | |||||
| PO BOX 828854 | PHILADELPHIA | PA | 19182 | SECURITY SERVICES | 303449 |
| BALLARD SPAHR | |||||
| 1735 MARKET ST 51ST FL | PHILADELPHIA | PA | 19103 | LEGAL SERVICES | 186297 |
| LIMBACH COMPANY LLC | |||||
| 175 TITUS AVE ST 100 | PHILADELPHIA | PA | 18976 | R&M AND CONSTRUCTION SERVICES | 133052 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Government Grants | 1771677 | GovernmentGrants |
| All Other Contributions | 1308919 | AllOtherContributions |
| Total Contributions | 3080596 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RENTAL INCOME FROM EXE | 532000 | 14609712 | 14609712 |
| INCUBATOR OPERATIONS | 541900 | 1608239 | 1608239 |
| SCIENCE & TECHNOLOGY | 541900 | 25500 | 25500 |
| BUSINESS & COMMUNITY N | 541900 | 12460 | 12460 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 16255911 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 140554 | TotalRevenueColumn |
| Exclusion | $140,554 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 79536 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 79536 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 79536 | TotalRevenueColumn |
| Exclusion | $79,536 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 19556597 | TotalRevenueColumn |
| Related Or Exempt Function Income | 16255911 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $220,090 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 490298 | Total |
| Program Services | 490298 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1180533 | Total |
| Program Services | 444974 | ProgramServices |
| Management And General | 494282 | ManagementAndGeneral |
| Fundraising | 241277 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2017682 | Total |
| Program Services | 1473419 | ProgramServices |
| Management And General | 536492 | ManagementAndGeneral |
| Fundraising | 7771 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144853 | Total |
| Program Services | 102359 | ProgramServices |
| Management And General | 39995 | ManagementAndGeneral |
| Fundraising | 2499 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 258964 | Total |
| Program Services | 170581 | ProgramServices |
| Management And General | 76870 | ManagementAndGeneral |
| Fundraising | 11513 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 207637 | Total |
| Program Services | 126318 | ProgramServices |
| Management And General | 66155 | ManagementAndGeneral |
| Fundraising | 15164 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24251 | Total |
| Program Services | 24251 | ProgramServices |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 409931 | Total |
| Program Services | 32871 | ProgramServices |
| Management And General | 377060 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 123785 | Total |
| Program Services | 3500 | ProgramServices |
| Management And General | 120285 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230155 | Total |
| Fundraising | 230155 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 299172 | Total |
| Program Services | 208784 | ProgramServices |
| Management And General | 90388 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 127296 | Total |
| Program Services | 31141 | ProgramServices |
| Management And General | 96155 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 215451 | Total |
| Program Services | 81255 | ProgramServices |
| Management And General | 134196 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78610 | Total |
| Program Services | 49740 | ProgramServices |
| Management And General | 28870 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5370493 | Total |
| Program Services | 4906222 | ProgramServices |
| Management And General | 464271 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31616 | Total |
| Program Services | 6919 | ProgramServices |
| Management And General | 24697 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3708595 | Total |
| Program Services | 3708595 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4780268 | Total |
| Program Services | 4018057 | ProgramServices |
| Management And General | 762211 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 219354 | Total |
| Program Services | 165002 | ProgramServices |
| Management And General | 54352 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| MARKET STREET REVITALIZ | 1480499 | 1480499 | |
| SECURITY | 459939 | 458521 | 1418 |
| REAL ESTATE & OTHER TAX | 416830 | 416680 | 150 |
| MISCELLANEOUS EXPENSES | 212814 | 125072 | 87742 |
| PROGRAM COSTS | 153632 | 153632 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 349959 | Total |
| Program Services | 140509 | ProgramServices |
| Management And General | 209450 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22992617 | Total |
| Program Services | 18819199 | ProgramServices |
| Management And General | 3665039 | ManagementAndGeneral |
| Fundraising | 508379 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3661805 | BOY |
| EOY | 4312650 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1657508 | BOY |
| EOY | 3954175 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 149000 | BOY |
| EOY | 143612 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 115349734 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 36642386 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82380098 | BOY |
| EOY | 78707348 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4516470 | BOY |
| EOY | 4464954 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1195021 | BOY |
| EOY | 1480870 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1821070 | BOY |
| EOY | 846672 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4048951 | BOY |
| EOY | 4089616 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99429923 | BOY |
| EOY | 97999897 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2167805 | BOY |
| EOY | 2864359 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8167 | BOY |
| EOY | 8167 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 73850000 | BOY |
| EOY | 72322038 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3140525 | BOY |
| EOY | 4717103 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79166497 | BOY |
| EOY | 79911667 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20170247 | BOY |
| EOY | 18058070 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93179 | BOY |
| EOY | 30160 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20263426 | BOY |
| EOY | 18088230 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 99429923 | BOY |
| EOY | 97999897 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -3436020 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1260824 | 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 |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
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 | 1829735 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3975946 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3844260 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2775045 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3031069 | CurrentTaxYear |
| Total | 15456055 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 11814895 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 12301537 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 19095929 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 17905277 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16255911 | CurrentTaxYear |
| Total | 77373549 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13644630 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16277483 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 22940189 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 20680322 | CurrentTaxYearMinus1Year |
| Current Tax Year | 19286980 | CurrentTaxYear |
| Total | 92829604 | 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 | 5412840 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4705256 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3406049 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6812039 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8338583 | CurrentTaxYear |
| Total | 28674767 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5412840 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4705256 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3406049 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6812039 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8338583 | CurrentTaxYear |
| Total | 28674767 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 64154837 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 251546 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 509658 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 500697 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 228171 | CurrentTaxYearMinus1Year |
| Current Tax Year | 140554 | CurrentTaxYear |
| Total | 1630626 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 251546 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 509658 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 500697 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 228171 | CurrentTaxYearMinus1Year |
| Current Tax Year | 140554 | CurrentTaxYear |
| Total | 1630626 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13896176 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 16787141 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 23440886 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 20908493 | CurrentTaxYearMinus1Year |
| Current Tax Year | 19427534 | CurrentTaxYear |
| Total | 94460230 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.67920 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.69160 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01730 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02300 | 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 | $230,155 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 230155 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | THE UNIVERSITY CITY SCIENCE CENTER UTILIZED THE SERVICES OF CONSULTANTS TO ASSIST IN THE PROCUREMENT OF PUBLIC SECTOR FUNDING PRIMARILY SOURCED FROM THE COMMONWEALTH OF PENNSYLVANIA, TO SUPPORT ITS AFFILIATED PROJECTS. THE CONSULTANTS POSITIONED UCSC TO RECEIVE DIRECT APPROPRIATION FROM THE PENNSYLVANIA GENERAL ASSEMBLY TO SUPPORT THESE INITIATIVES. THE CONSULTANTS POSITIONED THE CLIENT TO RECEIVE COMMONWEALTH DEPARTMENTAL AND AGENCY FUNDING, INCLUDING, BUT NOT LIMITED TO FUNDING FROM: COMMONWEALTH FINANCE AGENCY, DEPARTMENT OF COMMUNITY & ECONOMIC DEVELOPMENT, DEPARTMENT OF LABOR & INDUSTRY, DEPARTMENT OF EDUCATION, DEPARTMENT OF ENVIRONMENTAL PROTECTION, DEPARTMENT OF TRANSPORTATION, AND THE OFFICE OF THE GOVERNOR - RCAP CAPITAL BUDGET APPROPRIATION. LASTLY, THE CONSULTANTS LIAISED WITH OTHER GOVERNMENT AFFAIRS CONSULTANTS WORKING ON BEHALF OF UCSC REGARDING ISSUES RELATED TO ANY OF THE ABOVE DELIVERABLES WHICH ARE PERTINENT TO THEIR EFFORTS. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| 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 Minus1 Year CurrentYearMinus1Year
| 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 Minus2 Years CurrentYearMinus2Years
| 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) |
|---|---|---|
| Investment Cost Or Other Basis | 4866215 | InvestmentCostOrOtherBasis |
| Book Value | 4866215 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 107082660 | InvestmentCostOrOtherBasis |
| Depreciation | 34697031 | Depreciation |
| Book Value | 72385629 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 2848730 | InvestmentCostOrOtherBasis |
| Depreciation | 1716819 | Depreciation |
| Book Value | 1131911 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 552129 | InvestmentCostOrOtherBasis |
| Depreciation | 228536 | Depreciation |
| Book Value | 323593 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 78707348 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| SECURITY DEPOSITS AND OTHER LIABILITIES | $1,493,066 |
| DEFERRED RENTS AND OTHER | $3,224,037 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4717103 | TotalOfAmounts |
| Total Revenue | 19556597 | TotalRevenue |
| Total Expenses | 22992617 | TotalExpenses |
| Excess Or Deficit For Year | -3436020 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 314142 | NetUnrealizedGLOnInvestments |
| Prior Period Adjustments | 64241 | PriorPeriodAdjustments |
| Other | $882,441 | OtherAmount |
| Total Adjustments | 1260824 | TotalAdjustments |
| Excess Or Deficit Per FS | -2175196 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 23511619 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 314142 | NetUnrealizedGainsInvestments |
| Other Revenues | 3690407 | OtherRevenues |
| Revenue Not Rptd F990 | 4004549 | RevenueNotRptdF990 |
| Revenue Subtotal | 19507070 | RevenueSubtotal |
| Other Revenues Not Included | 49527 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 49527 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 19556597 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 25751056 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 2807966 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 2807966 | ExpensesNotRptdF990 |
| Expenses Subtotal | 22943090 | ExpensesSubtotal |
| Other Expenses Not Included | 49527 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 49527 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 22992617 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | 1. DEVELOPMENT FUND INCOME IS ALLOCATED FOR USE IN SCIENCE CENTER OPERATIONS. THE FUND IS AVAILABLE TO SUPPORT WORKING CAPITAL, DEVELOPMENT AND CAPITAL PURPOSES. 2. ESTHER M. KLEIN ENDOWMENT FUND - TO SUPPORT KLEIN GALLERY (EKG) OPERATIONS 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: | ON JANUARY 1, 2009, THE CENTER ADOPTED NEW ACCOUNTING GUIDANCE CONCERNING PROVISIONS FOR UNCERTAIN TAX POSITIONS. MANAGEMENT HAS EVALUATED THE IMPACT OF THIS GUIDANCE AND BELIEVES THAT ITS ADOPTION DOES NOT HAVE A MATERIAL IMPACT ON THE CENTER'S CONSOLIDATED FINANCIAL POSITION OR RESULTS OF OPERATIONS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | (A) GAIN FROM TAXABLE CORPORATE SUBSIDIARIES AND DISREGARDED ENTITIES 712,844. (C) EQUITY EARNINGS FROM PASS THROUGH ENTITIES 526,914. (D) LOSS ON INTEREST RATE SWAP -357,317. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | REVENUE OF CONSOLIDATED SUBSIDIARIES 3,078,516. BOOK EARNINGS IN EXCESS OF K-1 EARNINGS FOR PASS THROUGH ENTITY INTERESTS 526,914. QED PROGRAM CONTRIBUTION MATCHING WITH EXPENDITURES 442,294. LOSS ON INTEREST RATE SWAP -357,317. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | DEFERRED REVENUE CLASSIFIED AS EXPENSE OFFSET 49,527. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | EXPENDITURES CONSOLIDATED CORP SUBS NET OF ELIMINATION AND RECLASSIFICATIONS 2,365,672. QED MATCH 442,294. | |
| PART XIII, LINE 4B - OTHER ADJUSTMENTS: | DEFERRED REVENUE CLASSIFIED AS EXPENSE OFFSET 49,527. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| DREXEL UNIVERSITY | |||||||
| 3201 ARCH STREET BLDG SUITE 100 | PHILADELPHIA | PA | 19104 | 231352630 | 501(C)(3) | 200000 | PROOF OF CONCEPT FUNDING |
| IPRAXIS | |||||||
| 3624 MARKET STREET SUITE 1SB | PHILADELPHIA | PA | 19104 | 522437369 | 501(C)(3) | 19750 | GENERAL OPERATING |
| TRUSTEES OF UPENN | |||||||
| 3451 WALNUT STREET | PHILADELPHIA | PA | 19104 | 231352685 | 501(C)(3) | 148833 | PROOF OF CONCEPT FUNDING |
| CHILDRENS HOSPITAL | |||||||
| 3550 MARKET STREET | PHILADELPHIA | PA | 19104 | 231352166 | 501(C)(3) | 59060 | PROOF OF CONCEPT FUNDING |
| RUTGERS UNIVERSITY | |||||||
| 604 ALLISON RD ROOM A322 | PISCATAWAY | NJ | 08854 | 226001086 | 501(C)(3) | 51885 | PROOF OF CONCEPT FUNDING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 5 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 5 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | OTHER INFORMATION: | Identifier |
| Return Reference | PART IV: | ReturnReference |
| Explanation | 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, SUB-GRANT RECIPIENTS ARE REQUIRED TO PROVIDE PROOF OF EXPENDITURE AS WELL AS SUPPORTING DOCUMENTATION TO SUBSTANTIATE EXPENSES. 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) |
|---|---|---|
| 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 | 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 (5 entries)
| 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 | |||||||||||||
| 350317 | 0 | 153150 | 0 | 0 | 0 | 26196 | 0 | 16093 | 0 | 545756 | 0 | 0 | 0 |
| THOMAS GREENWOOD | |||||||||||||
| 70013 | 70013 | 12575 | 12575 | 0 | 0 | 7482 | 7483 | 8096 | 8096 | 98166 | 98167 | 0 | 0 |
| CURTIS HESS | |||||||||||||
| 21795 | 196155 | 6515 | 58635 | 0 | 0 | 2620 | 23576 | 1650 | 14850 | 32580 | 293216 | 0 | 0 |
| SAUL BEHAR | |||||||||||||
| 193477 | 0 | 150 | 0 | 0 | 0 | 0 | 0 | 16050 | 0 | 209677 | 0 | 0 | 0 |
| JEANNE MELL | |||||||||||||
| 123000 | 0 | 15150 | 0 | 0 | 0 | 9256 | 0 | 13179 | 0 | 160585 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (15 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | BUILDING UPON THE 30-YEAR HISTORY OF THE ESTHER KLEIN GALLERY, THE SCIENCE CENTER LAUNCHED BREADBOARD IN 2010 TO EXPLORE THE INTERSECTION OF ART, DESIGN, SCIENCE AND TECHNOLOGY AND SUPPORT THE SCIENCE CENTER'S STEM EDUCATION ACTIVITIES. BREADBOARD IS A HYBRID PROGRAM THAT FACILITATES CROSS-DISCIPLINARY ART EXHIBITS, COMMUNITY OUTREACH INITIATIVES AND SPECIAL PROGRAMS OFFERING PUBLIC ACCESS TO A NEW GENERATION OF FABRICATION TECHNOLOGY AND WORKSPACE IN AN EFFORT TO CONVENE COMMUNITIES AROUND CREATIVE APPLICATIONS OF TECHNOLOGY. THROUGH A UNIQUE PARTNERSHIP WITH NEXTFAB STUDIO, AN INDEPENDENTLY OWNED AND OPERATED 3-D PRINTING AND PROTOTYPING FACILITY LOCATED ON THE SCIENCE CENTER CAMPUS, BREADBOARD ENGAGES GROUPS AND COMMUNITIES AT ALL LEVELS OF INTEREST AND EXPERIENCE. BREADBOARD PROGRAMMING COMBINES 3-D TECHNOLOGY, AND CAD- OPERATED EQUIPMENT SUCH AS LASER CUTTERS AND MILLING MACHINES, WITH A COLLABORATIVE WORKSHOP ENVIRONMENT WHERE ARTISTS, DIY ENTHUSIASTS, FABBERS, HACKERS, COMMUNITY GROUPS AND STUDENTS CAN SHARE A COMPUTER STATION OR A CIRCUIT BOARD WITH BUSINESS ENTREPRENEURS, ENGINEERS AND INDUSTRIAL DESIGNERS. |
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | THE SCIENCE CENTER COMPLETED THE MARKET STREET REVITALIZATION PROJECT IN SEPTEMBER 2010, TRANSFORMING BOTH SIDES OF MARKET STREET BETWEEN 34TH AND 41ST STREETS INTO A GREENER AND MORE PEDESTRIAN-FRIENDLY THOROUGHFARE. |
| 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 IN WHICH TRANSACTIONS ARE BROUGHT BEFORE THE BOARD. 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 C3 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. | |
| 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 5: | NET UNREALIZED GAINS ON INVESTMENTS: 314,142. PRIOR PERIOD ADJUSTMENTS: 64,241. (A) GAIN FROM TAXABLE CORPORATE SUBSIDIARIES AND DISREGARDED ENTITIES 712,844. (C) EQUITY EARNINGS FROM PASS THROUGH ENTITIES 526,914. (D) LOSS ON INTEREST RATE SWAP -357,317. TOTAL TO FORM 990, PART XI, LINE 5: 1,260,824. |
| 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 2010 YEAR. | ||
| PROGRAM SERVICE DESCRIPTION: INCUBATOR | FORM 990, PART III, LINE 4A | AT THE HEART OF THE SCIENCE CENTER LIE THE PORT BUSINESS INCUBATORS. SINCE ITS INCEPTION IN 1963, GRADUATE ORGANIZATIONS AND CURRENT RESIDENTS OF THE INCUBATORS 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. THE INCUBATORS OFFER OVER 50,000 SQUARE FEET OF WET AND DRY LABORATORY AND OFFICE SPACE WITH A PLUG 'N PLAY, STATE-OF-THE-ART INFRASTRUCTURE, BROADBAND CONNECTIVITY AND SIGNIFICANT TAX ADVANTAGES. THE INCUBATORS FLEXIBLY ACCOMMODATE THE CHANGING NEEDS OF EMERGING, FAST-GROWTH COMPANIES. MANAGED SPACE AND AMENITIES, TOGETHER WITH ACCESS TO AN INFLUENTIAL NETWORK OF ACADEMICS, ENTREPRENEURS AND INVESTORS, OFFER A "BIG COMPANY" LIFESTYLE TO SMALL COMPANIES, MANY OF WHICH WOULD BE UNABLE TO ACCESS THE OFFICE SPACE AND AMENITIES WITHOUT SCIENCE CENTER SUPPORT. |
| BUSINESS AND COMMUNITY NETWORKS | FORM 990, PART III, LINE 4B | THE SCIENCE CENTER SUPPORTS THE COMMUNITY THROUGH A VARIETY OF PROGRAMS AND PARTNERSHIPS, INCLUDING BREADBOARD/ESTHER KLEIN ART GALLERY, QUORUM, THE REGIONAL AFFINITY INCUBATION NETWORK (RAIN), STEM EDUCATION INITIATIVES, WORKFORCE DEVELOPMENT PROGRAMS, THE UNIVERSITY CITY KEYSTONE INNOVATION ZONE (UCKIZ) AND THE MARKET STREET REVITALIZATION PROJECT. THE ESTHER KLEIN ART GALLERY (EKG) FALLS UNDER THE EXPANDED BREADBOARD RESOURCES AND PROGRAMMING OBJECTIVES. EKG CONTINUES TO EXPLORE THE INTERSECTION OF CONTEMPORARY ART, SCIENCE AND TECHNOLOGY, UTILIZING EXHIBITIONS AS A VEHICLE TO PROMOTE INNOVATIVE PARTNERSHIPS WITH PEER ORGANIZATIONS IN THE ART, SCIENCE AND TECHNOLOGY COMMUNITIES. QUORUM, AN EFFORT TO SUPPORT LONG-TERM COLLABORATIVE REGIONAL ECONOMIC DEVELOPMENT, IS A PROGRAM THAT STRENGTHENS GREATER PHILADELPHIA'S CULTURE OF TECHNOLOGY COMMERCIALIZATION BY CREATING A FORUM FOR ENTREPRENEURS, SCIENTISTS, RESEARCHERS AND INVESTORS TO INTERACT AND EXCHANGE IDEAS AT A PHYSICAL SPACE LOCATED AT THE SCIENCE CENTER, ONLINE, OR VIA OFFSITE PROGRAMMING OFFERED THROUGHOUT THE REGION. RAIN: THE SCIENCE CENTER LAUNCHED A NETWORK OF BUSINESS PARKS IN THE REGION IN 2009. RAIN BRINGS TOGETHER RESEARCH PARKS, TECHNOLOGY-BASED INCUBATORS AND OTHER SUPPORTING ORGANIZATIONS INVOLVED IN TECHNOLOGY-LED ECONOMIC DEVELOPMENT INITIATIVES. STEM EDUCATION: IN ADDITION TO ITS BREADBOARD PROGRAM, THE SCIENCE CENTER WORKS CLOSELY WITH LOCAL NONPROFITS TO IMPROVE SCIENCE EDUCATION IN CITY SCHOOLS AND CLASSROOMS. PARTNERS INCLUDE IPRAXIS, WHICH FOCUSES ON ATTRACTING AND INVOLVING PEOPLE OF COLOR IN SCIENCE, AND PHILADELPHIA ACADEMIES, INC. IN THE SUMMER OF 2010, THE SCIENCE CENTER AND ITS RESIDENT COMPANIES HOSTED SIX SUMMER INTERNS FROM PHILADELPHIA ACADEMIES BIOTECHNOLOGY ACADEMY. WORKFORCE DEVELOPMENT: IN RESPONSE TO THE CONSOLIDATION OF THE PHARMACEUTICAL INDUSTRY, THE SCIENCE CENTER HAS PARTNERED WITH BIOADVANCE AND WHARTON SMALL BUSINESS DEVELOPMENT CENTER TO HELP DISPLACED LIFE SCIENCES PROFESSIONALS EXPLORE CAREER OPTIONS IN ENTREPRENEURSHIP THROUGH PROGRAMS LIKE ENTREPRENEUR ONRAMP, WHICH WAS HELD IN MAY 2010. A $4.0 MILLION MARKET STREET REVITALIZATION PROJECT, COMPLETED IN 2010, PROMOTES SOCIAL WELFARE AND LESSENS THE BURDEN OF GOVERNMENT BY TRANSFORMING THE CAMPUS AND SURROUNDING UNIVERSITY CITY COMMUNITY INTO A GREENER AND MORE VIBRANT PLACE THROUGH FUNCTIONAL IMPROVEMENTS, SUCH AS NEW PEDESTRIAN LIGHTING, NEW SIDEWALKS, WHEELCHAIR-ACCESSIBLE RAMPS AT EVERY INTERSECTION, PLANTINGS ALONG "AMENITY STRIPS," AND "BUMP OUTS" AT KEY INTERSECTIONS LEADING TO SAFER PEDESTRIAN CROSSWALKS. RUNNING FROM 34TH STREET TO 41ST STREET ON BOTH SIDES OF MARKET STREET, THE PROJECT EXTENDS THREE BLOCKS BEYOND THE CURRENT SCIENCE CENTER CAMPUS. 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. HOME TO NUMEROUS LIFE SCIENCES 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 COMPANIES NEED. |
| PROGRAM SERVICE DESCRIPTION: OWNED REAL ESTATE | FORM 990, PART III, LINE 4C | THE SCIENCE CENTER 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 NINE BUILDINGS, INCLUDING THREE INCUBATORS FOR FLEDGLING BUSINESSES. IN KEEPING WITH THE AGILITY OF ENTREPRENEURS, SHORT-TERM LEASES ARE AVAILABLE, WITH OPPORTUNITIES FOR GROWTH. |
| PROGRAM SERVICE DESCRIPTION: SCIENCE AND TECHNOLOGY | FORM 990, PART III, LINE 4D | QED PROOF OF CONCEPT PROGRAM IN EARLY 2009 THE SCIENCE CENTER LAUNCHED THE NATION'S FIRST MULTI-INSTITUTIONAL PROOF-OF-CONCEPT PROGRAM TO FUND EARLY-STAGE ACADEMIC RESEARCH PROJECTS IN THE LIFE SCIENCES AND TO PROMOTE THE COMMERCIALIZATION OF THE EARLY-STAGE TECHNOLOGIES RESULTING FROM THOSE PROJECTS. OUR PROGRAM - NAMED "QED", AFTER THE LATIN PHRASE FOR "PROVEN AS DEMONSTRATED" - PROVIDES FUNDING AND BUSINESS DEVELOPMENT SUPPORT FOR ACADEMIC RESEARCHERS THROUGHOUT THE GREATER PHILADELPHIA REGION BY SUPPORTING THE DEVELOPMENT OF EARLY-STAGE LIFE SCIENCE TECHNOLOGIES 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. IN ADDITION TO FUNDING, QED PROVIDES BUSINESS ADVICE BY PAIRING THE RESEARCHERS WITH DESIGNATED BUSINESS ADVISORS. 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 FOCUS EXISTING REGIONAL RESOURCES ON SUBSTANTIALLY REDUCING THE BUSINESS RISK IN EARLY-STAGE LIFE SCIENCE R&D PROJECTS, IN ORDER TO POSITION THESE PROJECTS FOR FOLLOW-ON INVESTMENT BY ESTABLISHED LIFE SCIENCE COMPANIES AND PRIVATE INVESTORS, WITHOUT ADDING TO THE PROLIFERATION OF SUB-SCALE, UNDERCAPITALIZED VENTURES ALREADY IN THE MARKET. ULTIMATELY, THE SUCCESS OF THE PROGRAM WILL BE JUDGED BY LONGER-TERM OUTCOMES INCLUDING NEW VENTURE FORMATION, LICENSE EXECUTION, AND OUTSIDE INVESTMENT. |
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 | |||||||||
| 7312 PARKWAY DRIVE | HANOVER | PA | 21076 | 233040122 | COMMERCIAL REAL ESTATE PROPERTY OWNERSHIP AND RENTAL | PA | -554778 | 17223885 | UNIVERSITY CITY SCIENCE CENTER |
| 3701 UNIVERSITY CITY SCIENCE CENTER ASSOCIATES LLC | |||||||||
| 7312 PARKWAY DRIVE | HANOVER | PA | 21076 | 233040121 | COMMERCIAL REAL ESTATE PROPERTY OWNERSHIP AND RENTAL | PA | -5604 | 173979 | UNIVERSITY CITY SCIENCE CENTER |
Form990 Schedule R Part III Form990ScheduleRPartIII (4 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 | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNIVERSITY PARK ASSOCIATES I LLC | |||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233011497 | OFFICE BUILDING | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | 37960 | 3467861 | 0 | 1 | 0.75000 |
| UNIVERSITY PARK ASSOCIATES II LLC | |||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233011120 | OFFICE BUILDING | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | -3805 | 3291665 | 0 | 1 | 0.75000 |
| SCIENCE CENTER CAPITAL I LP | |||||||||||||
| 3711 MARKET STREET 3RD FLOOR | PHILADELPHIA | PA | 19104 | 205660733 | INVESTMENT - VENTURE CAPITAL | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | 1021322 | 0 | 0 | 0.99000 | |
| SCC GP LP | |||||||||||||
| 3711 MARKET STREET 3RD FLOOR | PHILADELPHIA | PA | 19104 | 205660679 | INVESTMENT - VENTURE CAPITAL | PA | UNIVERSITY CITY SCIENCE CENTER | RELATED | 9652 | 0 | 0 | 0.99000 | |
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Percentage OwnershipPercentageOwnership | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Share Of EOY AssetsShareOfEOYAssets |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SCC GP-GP INC | ||||||||||||
| 3711 MARKET STREET 3RD FLOOR | PHILADELPHIA | PA | 19104 | 203971470 | MANAGEMENT SERVICES | PA | N/A | C | 2597 | 1.00000 | ||
| SCIENCE CENTER CAPITAL MANAGEMENT COMPANY | ||||||||||||
| 3711 MARKET STREET 3RD FLOOR | PHILADELPHIA | PA | 19104 | 203971335 | MANAGEMENT SERVICES | PA | N/A | C | 74909 | 1.00000 | ||
| PORT OF TECHNOLOGY INC | ||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 233054794 | INCUBATOR STARTUP SUPPORT | PA | C | 1.00000 | UNIVERSITY CITY SCIENCE CENTER | |||
| RESEARCH PARK INC | ||||||||||||
| 3711 MARKET STREET SUITE 800 | PHILADELPHIA | PA | 19104 | 232671100 | SERVICES - REAL ESTATE MGMT | PA | C | -228961 | 1.00000 | UNIVERSITY CITY SCIENCE CENTER | 143056 | |
| 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 |
| 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 | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | 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 | 437812 |
| RESEARCH PARK INC | |
| P | 36149 |
| RESEARCH PARK INC - NET INTERCOMPANY CHANGE | |
| D | -205639 |
| RESEARCH PARK INC | |
| I | 266692 |
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