Science History Institute
- Assets
- $39.9m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 93
- Location
- Philadelphia, PA
- Founding
- 07/1987
- Data as of
- 06/2022
- EIN
- 22-2817365
Organization Overview
Science History Institute is located in Philadelphia, PA. The organization was established in 1987. According to its NTEE Classification (U33) the organization is classified as: Chemistry & Chemical Engineering, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Science History Institute employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Science History Institute 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, Science History Institute generated $7.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $7.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 7 years. 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
WE PRESERVE AND CELEBRATE OUR SCIENTIFIC AND TECHNOLOGICAL CULTURE AND MAKE IT ACCESSIBLE FOR INVESTIGATION AND KNOWLEDGE CREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH AROUND 20 SCHOLARS IN RESIDENCE EACH YEAR, THE SCIENCE HISTORY INSTITUTE IS HOME TO THE LARGEST PRIVATE FELLOWSHIP PROGRAM IN THE HISTORICAL STUDY OF SCIENCE, MEDICINE, AND TECHNOLOGY IN THE UNITED STATES. RESEARCHERS TRAVEL FROM ALL OVER THE WORLD TO USE OUR COLLECTIONS AND TAKE PART IN A VIBRANT SCHOLARLY COMMUNITY. THE BECKMAN CENTER AT THE SCIENCE HISTORY INSTITUTE OFFERS FELLOWSHIPS ON AN ANNUAL CYCLE FOR SCHOLARS WHOSE RESEARCH WOULD BENEFIT FROM THE USE OF OUR COLLECTIONS. WHILE IN RESIDENCE, FELLOWS ARE EXPECTED TO PARTICIPATE IN REGULAR INFORMAL WRITING GROUPS, GIVE AT LEAST ONE LECTURE, AND MORE GENERALLY CONTRIBUTE TO THE VITALITY OF OUR FELLOWSHIP COMMUNITY. THE BECKMAN CENTER OFFERS SEVERAL FELLOWSHIP TYPES: CURATORIAL FELLOWSHIPS (2 YEARS), POSTDOCTORAL RESEARCH FELLOWSHIPS (12 MONTHS), DISSERTATION FELLOWSHIPS (9 MONTHS), SHORT-TERM FELLOWSHIPS (14 MONTHS), AND DISTINGUISHED FELLOWSHIPS (4 MONTHS). THE OTHMER LIBRARY OFFERS TRAVEL GRANTS FOR PERIODS OF UP TO TWO WEEKS FOR RESEARCH AND SCHOLARLY EXPLORATION OF OUR PRIMARY MATERIALS WHICH INCLUDE RARE AND MODERN BOOKS, MANUSCRIPTS, ARCHIVAL COLLECTIONS, ORAL HISTORIES, FINE ART, ARTIFACTS, AND INSTRUMENTS.
SCIENCE IS ALL AROUND US. IT'S NOT JUST FOUND IN THE LABORATORY. IT'S IN THE WATER WE DRINK, THE AIR WE BREATHE, THE CLOTHES WE WEAR, AND THE EARTH BENEATH OUR FEET. AT OUR MUSEUM, WHICH IS FREE, YOU CAN EXPLORE THE AMAZING SUCCESSES, ASTONISHING FAILURES, AND STRANGE SURPRISES BEHIND THE SCIENCE THAT SHAPES OUR WORLD. OUR CURRENT REVOLVING EXHIBITION IS DOWNSTREAM, OUR AWARD-WINNING EXHIBITION EXPLORING MORE THAN 200 YEARS OF WATER ANALYSIS AND PROTECTION IN THE UNITED STATES, AND OUR NEWLY REFRESHED PERMANENT GALLERIES FEATURE NEW OBJECTS, MORE INCLUSIVE CONTENT, AND HIDDEN OR OBSCURED SCIENCE HISTORIES. IMMERSE YOURSELF IN STORIES OF DISCOVERY, CHALLENGE, AND CHANGE BY EXPLORING OUR DIGITAL EXHIBITIONS ON GOOGLE ARTS & CULTURE. NAMED ONE OF PHILADELPHIA'S BEST MUSEUMS BY COND NAST TRAVELER AND FEATURED ON CBSPHILLY, A VISIT TO THE SCIENCE HISTORY INSTITUTE IS A JOURNEY THROUGH THE WEIRD AND WONDERFUL WORLD OF MATTER AND MATERIALS. DISCOVER THE SCIENCE IN YOUR LIFE!
IN OUR DISTILLATIONS DIGITAL CONTENT, WE REVEAL SCIENCE'S ROLE IN A COMPLICATED, EVER-CHANGING, AND OFTEN STRANGE WORLD. WE ARE STORYTELLERS WHO TAP INTO THE WORK OF HISTORIANS AND OTHER RESEARCHERS TO PRODUCE ARTICLES, PODCASTS, AND VIDEOS THAT UNCOVER HIDDEN STORIES AND SEEK NEW PERSPECTIVES ON SCIENCE AND TECHNOLOGY. WITH THE HELP OF THE SCIENCE HISTORY INSTITUTE'S UNIQUE COLLECTIONS, WE CHRONICLE THE POWERFUL INFLUENCE OF SCIENCE ON OUR PAST, PRESENT, AND FUTURE.
VARIOUS PROGRAMS TO FURTHER THE MISSION OF SCIENCE HISTORY INSTITUTE AND TO FOSTER DIALOGUE ON SCIENCE AND TECHNOLOGY IN SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Cole President & CEO | Officer | 30 | $392,627 |
Kevin Cavanaugh Treasurer, S. VP Cao & CFO | Officer | 30 | $233,863 |
Resa P Thomason Secretary, VP Develop & Ext Relations | Officer | 35 | $183,750 |
Thomas Swift Director Of Infrastructure | 30 | $146,349 | |
Michelle Dimeo Director, Othmer Library | 10 | $124,267 | |
Charles Hornstein Director It | 35 | $124,171 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Promptworks Llc Software Development | 6/29/20 | $214,858 |
Korn Ferry Executive Search | 6/29/20 | $149,063 |
Herman Goldner Co Inc Building Services | 6/29/20 | $220,121 |
Ims Technology Services Inc Systems Integration | 6/29/20 | $159,364 |
Korn Ferry Executive Search | 6/29/20 | $149,063 |
Promptworks Llc Software Development | 6/29/20 | $214,858 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $5,700,940 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,584,449 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,285,389 |
| Total Program Service Revenue | $400,571 |
| Investment income | $17,735 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,703,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $368,416 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $724,950 |
| Compensation of current officers, directors, key employees. | $441,204 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,607,820 |
| Pension plan accruals and contributions | $175,780 |
| Other employee benefits | $340,179 |
| Payroll taxes | $266,621 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,006 |
| Fees for services: Accounting | $38,817 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $441,927 |
| Advertising and promotion | $4,398 |
| Office expenses | $40,598 |
| Information technology | $195,332 |
| Royalties | $0 |
| Occupancy | $237,023 |
| Travel | $151,041 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $216,761 |
| Interest | $807,079 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $862,200 |
| Insurance | $65,038 |
| All other expenses | $0 |
| Total functional expenses | $7,776,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $571,899 |
| Pledges and grants receivable | $2,792,734 |
| Accounts receivable, net | $50,334 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $57,399 |
| Net Land, buildings, and equipment | $28,195,981 |
| Investments—publicly traded securities | $4,546,260 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,655,053 |
| Total assets | $39,869,660 |
| Accounts payable and accrued expenses | $869,342 |
| Grants payable | $0 |
| Deferred revenue | $75,352 |
| Tax-exempt bond liabilities | $16,530,580 |
| 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 | $3,906 |
| Total liabilities | $17,479,180 |
| Net assets without donor restrictions | $18,984,010 |
| Net assets with donor restrictions | $3,406,470 |
| 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 | $39,869,660 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Science History Institute has recieved totaling $324,497.
| Awarding Organization | Amount |
|---|---|
Adams Family Foundation Inc East Haven, CT PURPOSE: EDUCATION AND SCIENCE HISTORY PRESERVATION | $100,000 |
Ralph Landau Foundation New York, NY PURPOSE: CHARITABLE - SUPPORT EUROPEAN OFFICE ACTIVITIES | $80,050 |
Bolte Family Foundation Moorestown, NJ PURPOSE: TO FURTHER THE FOUNDATION'S CHARITABLE PURPOSE | $75,000 |
Ralph Landau Foundation New York, NY PURPOSE: CHARITABLE - LAVOISIER GIVING CIRCLE ANNUAL GIVING | $15,000 |
Boger Family Foundation Inc Boston, MA PURPOSE: GENERAL CHARITY | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $10,800 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Science History Institute Philadelphia, PA | $39,869,660 | $7,703,716 |
Polymer Processing Institute At Njit University Heights New, NJ | $4,651,810 | $5,118,235 |
Chemical Industry Council Of New Jersey Trenton, NJ | $3,322,735 | $1,581,990 |
American Chemical Society Jamaica, NY | $897,419 | $145,505 |
Ohio Chemistry Technology Council Columbus, OH | $908,014 | $375,210 |
American Chemical Society Cincinnati, OH | $140,062 | $435,686 |
Natl Orgn For The Prof Adv Of Black Chemists & Chemical Engineers Annapolis, MD | $1,085,327 | $714,435 |
American Chemical Society New Albany, OH | $2,459,880 | $466,183 |
Center For Powder Metallurgy Technology Princeton, NJ | $1,724,181 | $97,138 |
National Registry Of Certified Chemists West Grove, PA | $144,513 | $0 |
Society Of Flavor Chemists Inc Neptune, NJ | $69,151 | $52,787 |
Chemists Club New York, NY | $19,563 | $102,672 |