Institute For Applied Tinkering
- Assets
- $10.4m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 59
- Location
- San Francisco, CA
- Founding
- 03/2011
- Data as of
- 08/2023
- EIN
- 26-4299346
Organization Overview
Institute For Applied Tinkering, operating under the name Sf Brightworks And Tinkering School, is located in San Francisco, CA. The organization was established in 2011. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 08/2023, Sf Brightworks And Tinkering School employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sf Brightworks And Tinkering School 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 08/2023, Sf Brightworks And Tinkering School generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $6.1m during the year ending 08/2023. While expenses have increased by 17.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
INSTITUTE FOR APPLIED TINKERING IAT DEVELOPS, PRACTICES AND SHARES EDUCATIONAL METHODS THAT CHALLENGE AND SUPPORT ALL CHILDREN TO ENGAGE DEEPLY IN THEIR LEARNING VIA REAL INTERESTS AND REAL TOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRIGHTWORKS IS AN INNOVATIVE SCHOOL THAT REIMAGINES EDUCATION. BY TAKING THE BEST PRACTICES FROM BOTH EARLY CHILDHOOD EDUCATION AND HANDS-ON, PROJECT-BASED EXPERIENTIAL LEARNING, WE STRIVE TO MEET STUDENTS' NEEDS IN A FLEXIBLE, MIXED-AGE ENVIRONMENT THAT BREAKS THE TRADITIONAL WALLS BETWEEN SCHOOL AND THE COMMUNITY OUTSIDE THE CLASSROOM. WE OFFER A BROAD-SPECTRUM LEARNING ENVIRONMENT DESIGNED TO ENCOURAGE CREATIVE CAPACITY, TENACITY, CITIZENSHIP, IMAGINATIVE CABILITIES AND EMPATHY.
TINKERING SCHOOL ACTS AS AFTER SCHOOL, BREAK, AND SUMMER PROGRAMMING TO ENCOURAGE CREATIVE CAPACITY, TENACITY, AND CITIZENSHIP IN YOUTH. TINKERING SCHOOL IS A PLACE WHERE CHILDREN ARE GIVEN ABSTRACT, OPEN-ENDED BUILDING PROJECTS AND PROBLEMS. TRAINED TO USE THE TOOLS REQUIRED FOR SUCCESS, THEY HAVE THE FREEDOM TO FAIL AND THE TIME TO PERSEVERE. TRUSTED WITH REAL TOOLS AND REAL SUPPLIES, KIDS ARE PUT IN AN ENVIRONMENT WHERE CONSTRAINTS BREED CREATIVITY AND FOSTER PROBLEM-SOLVING THAT WILL EXPAND INTO EVERY AREA OF THEIR LIVES. KIDS LEARN TO TRUST THEMSELVES AND THEIR CURIOSITY. THEY DEVELOP NEW SKILLS AND VOCABULARY, THEIR CREATIVITY AND THEIR ABILITY TO PERSIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Eden Executive Dir. | Officer | 32 | $103,490 |
Anthony Consilio Asst.headofschool | 40 | $110,884 | |
Gever Tully Founder Director | Officer | 40 | $104,063 |
Adrian Skaj Fin Manager Controller | Officer | 32 | $49,944 |
Shayne Regalado Business Mgr Controller | Officer | 40 | $30,580 |
Maria Favata Business Mgr Controller | Officer | 32 | $12,646 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
1900 Bryant St Investors Rent | 8/30/20 | $198,405 |
Star Of The Sea Parish Rent | 8/30/20 | $215,000 |
Reuben Junius & Rose Llp Legal | 8/30/20 | $101,352 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $623,342 |
| Noncash contributions included in lines 1a–1f | $24,267 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $623,342 |
| Total Program Service Revenue | $4,912,320 |
| Investment income | $2,469 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,538,531 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,043,490 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $474,320 |
| Compensation of current officers, directors, key employees. | $275,949 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,200,922 |
| Pension plan accruals and contributions | $57,658 |
| Other employee benefits | $184,759 |
| Payroll taxes | $207,656 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,928 |
| Fees for services: Accounting | $46,364 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,690 |
| Advertising and promotion | $72,856 |
| Office expenses | $39,176 |
| Information technology | $44,450 |
| Royalties | $0 |
| Occupancy | $1,223,729 |
| Travel | $54,493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,878 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,141 |
| Insurance | $69,565 |
| All other expenses | $3,289 |
| Total functional expenses | $6,077,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $964,524 |
| Savings and temporary cash investments | $148,099 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $195,011 |
| 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 | $36,894 |
| Net Land, buildings, and equipment | $85,975 |
| Investments—publicly traded securities | $1,296,876 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,660,375 |
| Total assets | $10,387,754 |
| Accounts payable and accrued expenses | $320,230 |
| Grants payable | $0 |
| Deferred revenue | $2,566,318 |
| 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 | $145,623 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,521,774 |
| Total liabilities | $10,553,945 |
| Net assets without donor restrictions | -$166,191 |
| Net assets with donor restrictions | $0 |
| 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 | $10,387,754 |