Explorers Club
- Assets
- $15.9m
- Revenue
- $7.2m
- Investments
- $0.0
- Employees
- 17
- Location
- New York, NY
- Founding
- 11/1935
- Data as of
- 06/2022
- EIN
- 13-1866795
Organization Overview
Explorers Club is located in New York, NY. The organization was established in 1935. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Explorers Club employed 17 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Explorers Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Explorers Club generated $7.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.3% each year . All expenses for the organization totaled $4.1m during the year ending 06/2022. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE SCIENTIFIC EXPLORATION OF LAND, SEA, AIR AND SPACE BY SUPPORTING RESEARCH AND EDUCATION IN THE PHYSICAL, NATURAL, BIOLOGICAL AND SOCIAL SCIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP AND HOUSE - PROGRAMS FOR APPROXIMATELY 3,500 MEMBERS AND OTHER INTERESTED GROUPS SUCH AS STUDENTS INTERESTED IN CLUB PROGRAMS FOR EDUCATIONS AND EXPLORATION.PUBLICATIONS - PUBLICATION OF THE EXPLORERS JOURNAL ON A QUARTERLY BASIS FOR MEMBERS AND OTHERS ON A SUBSCRIPTION BASIS; PUBLICATION OF THE EXPLORERS CLUB LOG ON A QUARTERLY BASIS FOR MEMBERS; PUBLICATION OF NEWSLETTERS AND OTHER PERTINENT INFORMATION.LIBRARY - REFERENCE AND RESEARCH SERVICES FOR MEMBERS, SCHOOLS, STUDENTS, AND OTHER INTERESTED PARTIES. THE LIBRARY CONSISTS OF EXTENSIVE INFORMATION ON EXPLORATION AND OTHER SCIENTIFIC FIELDS.PUBLIC SERVICE, EDUCATION, EXPEDITIONS, AND RESEARCH - GRANTS AND EXPEDITIONS TO APPROVED STUDENTS AND OTHERS FOR RESEARCH, EXPLORATION AND RELATED ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Garriott President | OfficerTrustee | 40 | $0 |
Barbara Doran Treasurer | OfficerTrustee | 3 | $0 |
Arnella Trent Secretary | OfficerTrustee | 3 | $0 |
Jamie Robinson Director As Of 4/2022 | Trustee | 3 | $0 |
Constance Difede Director | Trustee | 3 | $0 |
Mikkel Vestergaard Director As Of 4/2022 | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,117,902 |
| Fundraising events | $792,617 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,673,075 |
| Noncash contributions included in lines 1a–1f | $1,015,868 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,583,594 |
| Total Program Service Revenue | $317,995 |
| Investment income | $51,548 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,473 |
| Net Rental Income | $339,418 |
| Net Gain/Loss on Asset Sales | $668,574 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $93,126 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,152,141 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $274,315 |
| Grants and other assistance to Foreign Orgs/Individuals | $429,630 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $335,948 |
| Compensation of current officers, directors, key employees. | $160,723 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $882,616 |
| Pension plan accruals and contributions | $36,348 |
| Other employee benefits | $250,630 |
| Payroll taxes | $101,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $126,357 |
| Fees for services: Accounting | $46,385 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $32,000 |
| Fees for services: Investment Management | $20,151 |
| Fees for services: Other | $128,372 |
| Advertising and promotion | $0 |
| Office expenses | $335,783 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $106,133 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $130,831 |
| Insurance | $184,372 |
| All other expenses | $0 |
| Total functional expenses | $4,098,134 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $867,430 |
| Savings and temporary cash investments | $700,928 |
| Pledges and grants receivable | $1,848,862 |
| Accounts receivable, net | $288,884 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $81,795 |
| Prepaid expenses and deferred charges | $76,883 |
| Net Land, buildings, and equipment | $3,404,956 |
| Investments—publicly traded securities | $8,393,890 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $228,006 |
| Total assets | $15,891,634 |
| Accounts payable and accrued expenses | $498,706 |
| Grants payable | $0 |
| Deferred revenue | $335,345 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $834,051 |
| Net assets without donor restrictions | $9,343,350 |
| Net assets with donor restrictions | $5,714,233 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,891,634 |