Center For The Advancement Of Science In Space Inc
- Assets
- $6.7m
- Revenue
- $17.8m
- Investments
- $0.0
- Employees
- 63
- Location
- Melbourne, FL
- Founding
- 04/2011
- Data as of
- 09/2023
- EIN
- 27-5410763
Organization Overview
Center For The Advancement Of Science In Space Inc is located in Melbourne, FL. The organization was established in 2011. According to its NTEE Classification (U05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Science & Technology and related organizations. As of 09/2023, Center For The Advancement Of Science In Space Inc employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For The Advancement Of Science In Space 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 09/2023, Center For The Advancement Of Science In Space Inc generated $17.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $17.2m during the year ending 09/2023. While expenses have increased by 0.5% 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.
Since 2015, Center For The Advancement Of Science In Space Inc has awarded 443 individual grants totaling $42,443,977. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CASIS MANAGES, PROMOTES, AND BROKERS RESEARCH FOR THE ISS U.S. NATIONAL LABORATORY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASIS MANAGES THE INTERNATIONAL SPACE STATION U.S. NATIONAL LABORATORY, UNDER COOPERATIVE AGREEMENT WITH NASA. AS A PUBLIC SERVICE ENTERPRISE, THE ISS NATIONAL LAB ALLOWS RESEARCHERS TO LEVERAGE THIS MULTIUSER FACILITY TO IMPROVE QUALITY OF LIFE ON EARTH, MATURE SPACE-BASED BUSINESS MODELS, ADVANCE SCIENCE LITERACY IN THE FUTURE WORKFORCE, AND EXPAND A SUSTAINABLE AND SCALABLE MARKET IN LOW EARTH ORBIT. CASIS ENABLES AND FACILITATES ACCESS TO RESEARCH RESOURCES ON THE ISS IN SUPPORT OF NON-NASA SCIENCE, TECHNOLOGY, AND EDUCATION INITIATIVES FROM U.S. GOVERNMENT AGENCIES, ACADEMIC INSTITUTIONS, AND THE PRIVATE SECTOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric D Isaacs Director | Trustee | 2 | $0 |
James A Pawelczyk Director | Trustee | 2 | $0 |
Michael H Moloney Director | Trustee | 2 | $0 |
Elizabeth R Cantwell Board Chair | Trustee | 2 | $0 |
Waleed Abdalati Director | Trustee | 2 | $0 |
Margaret Jenny Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Bionetics Corporation Project Management Consultant | 9/29/23 | $122,179 |
Covington & Burling Llp Legal Services | 9/29/23 | $120,982 |
Akin Gump Strauss & Feld Llp Legal Services | 9/29/23 | $114,920 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $16,104,782 |
| All other contributions, gifts, grants, and similar amounts not included above | $887,839 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,992,621 |
| Total Program Service Revenue | $767,575 |
| Investment income | $345 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $18,107 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $184 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,778,832 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,262,640 |
| Grants and other assistance to domestic individuals. | $11,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,177,767 |
| Compensation of current officers, directors, key employees. | $344,910 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,806,915 |
| Pension plan accruals and contributions | $271,744 |
| Other employee benefits | $600,161 |
| Payroll taxes | $472,502 |
| Fees for services: Management | $828,485 |
| Fees for services: Legal | $492,612 |
| Fees for services: Accounting | $128,577 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $573,393 |
| Office expenses | $0 |
| Information technology | $72,822 |
| Royalties | $0 |
| Occupancy | $312,872 |
| Travel | $675,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $871,119 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,676 |
| Insurance | $91,494 |
| All other expenses | $6,999 |
| Total functional expenses | $17,177,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,028,660 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $106,020 |
| 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 | $191,601 |
| Net Land, buildings, and equipment | $173,773 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $221,454 |
| Total assets | $6,721,508 |
| Accounts payable and accrued expenses | $508,086 |
| Grants payable | $0 |
| Deferred revenue | $2,977,975 |
| 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 | $219,181 |
| Total liabilities | $3,705,242 |
| Net assets without donor restrictions | $1,244,785 |
| Net assets with donor restrictions | $1,771,481 |
| 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 | $6,721,508 |
Grants Awarded
Over the last fiscal year, Center For The Advancement Of Science In Space Inc has awarded $4,255,111 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
AMPLYUS LLC PURPOSE: GENES IN SPACE DIGITAL INTERACTIVES: A VIRTUAL ISS NATIONAL LAB EXPERIENCE | $40,000 |
EDUCATION PURPOSE: EDUCATION | $0 |
CARTHAGE COLLEGE PURPOSE: THIS PROJECT DEVELOPS THE EMBEDDED TEACHERS PROGRAM FOR MIDDLE AND HIGH SCHOOL TEACHERS AND STUDENTS IN UNDERSERVED COMMUNITIES TO DESIGN EXPERIMENTS FOR A PARABOLIC FLIGHT, AND POSSIBLY THE ISS, TO RAISE STUDENT INTEREST IN STEM CAREERS. | $48,417 |
ASSOCIATION OF SPACE EXPLORERS PURPOSE: THIS PROJECT CREATES A PROGRAM FOR BOYS AND GIRLS CLUBS THAT ALLOWS STUDENTS TO EXPLORE THE HUMAN AND GEOLOGICAL DIVERSITY OF EARTH IN THREE CONTEXTS: EARTH AS SEEN FROM SPACE, ASTRONAUTS AS A DIVERSE CREW, AND THEIR LOCAL COMMUNITY. | $28,000 |
CHILDREN'S MUSEUM OF INDIANAPOLIS PURPOSE: CREATES EDUCATIONAL CONTENT TO INSPIRE STUDENTS THROUGH A SERIES OF VIDEOS THAT EACH FOCUS ON A LETTER OF THE ALPHABET AND EXPLORE THE CUTTING-EDGE RESEARCH BEING DONE ON THE ISS. | $15,303 |
MAGNITUDEIO INC PURPOSE: EXOLAB-10: CARBON FARMER | $78,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For The Advancement Of Science In Space Inc Melbourne, FL | $6,721,508 | $17,778,832 |
The Alabama A&m Univ Research Innovation Science And Engineering Normal, AL | $1,266,535 | $947,125 |
Dciia Retirement Research Center Jupiter, FL | $1,000 | $817,300 |
Institute Of Space Commerce Saint Petersburg, FL | $30,016 | $0 |
Conscious Research Inc St Petersburg, FL | $23,756 | $39,023 |
Hildegarde Staninger Foundation Winter Park, FL | $0 | $200 |
Kuyr Institute High Springs, FL | $1,700,000 | $1,700,000 |