Friends Of Science Museums Inc
- Assets
- $47.8k
- Revenue
- $25.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 20-3654427
Organization Overview
Friends Of Science Museums Inc is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Science Museums Inc 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 12/2023, Friends Of Science Museums Inc generated $25.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (46.5%) each year. All expenses for the organization totaled $69.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Blasgen President | 0 | $0 | |
Rose Shoshana Secretary | 0 | $0 | |
Burton Forester Treasurer | 0 | $0 | |
Jeffrey Helfenstein Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,284 |
| Interest on Savings | $177 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,847 |
| Total Revenue | $25,308 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $555 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $308 |
| Total operating and administrative expenses | $8,774 |
| Contributions, gifts, grants paid | $60,706 |
| Total expenses and disbursements | $69,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,082 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $5,692 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $47,774 |
| Accounts payable and accrued expenses | $2,796 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $4,080 |
| Total liabilities | $6,876 |
Grants Awarded
Over the last fiscal year, Friends Of Science Museums Inc has awarded $7,013,016 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL MUSEUM OF SCIENCE INDUST PURPOSE: SUPPORT SCIENTIFIC PROGRAMS | $49,406 |
NATIONAL SCIENCE MEDIA MUSEUM PURPOSE: PROMOTE & PRESERVE STUDY OF MEDIA | $6,963,610 |