Minnesota Academy Of Science
- Assets
- $112.0k
- Revenue
- $379.2k
- Investments
- $0.0
- Employees
- 6
- Location
- St Paul, MN
- Founding
- 05/1945
- Data as of
- 06/2023
- EIN
- 41-0789356
Organization Overview
Minnesota Academy Of Science is located in St Paul, MN. The organization was established in 1945. According to its NTEE Classification (V30) the organization is classified as: Interdisciplinary Research, under the broad grouping of Social Science and related organizations. As of 06/2023, Minnesota Academy Of Science employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Academy Of Science 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 06/2023, Minnesota Academy Of Science generated $379.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $532.4k during the year ending 06/2023. While expenses have increased by 4.4% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH STEM IN MINNESOTA BY CONNECTING MINNESOTANS OF ALL BACKGROUNDS WITH RESOURCES AND OPPORTUNITIES TO ENGAGE IN STEM LEARNING, RESEARCH, AND COMMUNICATION .
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOSTERING OPPORTUNITIES AND RESOURCES IN STEM EDUCATION FORSE PROGRAM SUPPORTS BOTH FORMAL SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH STEM EDUCATION IN HIGHLY DIVERSE SCHOOLS AND INFORMAL STEM LEARNING EXPERIENCES FOR STUDENTS FROM POPULATIONS UNDERREPRESENTED IN STEM FIELDS. FORSE ACTIVITIES MEET THE IDENTIFIED NEEDS OF EACH EDUCATIONAL PARTNER SITE, PROVIDE RESOURCES AND SUPPORT TO TEACHERS, AND INCREASE STUDENT SELF-CONFIDENCE, INTEREST, AND KNOWLEDGE OF CAREERS RELATED TO STEM. THIS YEAR, MAS SERVED MORE THEN 3,700 STUDENTS THROUGH FORSE. THE VAST MAJORITY OF THE STUDENTS SERVED IDENTIFY AS BLACK/AFRICAN/AFRICAN-AMERICAN, LATINX/HISPANIC, INDIGENOUS/NATIVE AMERICAN, HMONG, OR MULTI-RACIAL AND APPROXIMATELY 86 ALSO QUALIFY FOR FREE AND REDUCED LUNCH. EDUCATORS RECEIVING FORSE SERVICES ENTHUSIASTICALLY ENDORSE THE PROGRAM.
THE MN STATE SCIENCE ENGINEERING FAIR WAS HELD IN-PERSON ON MARCH 24, 2023 IN ST. PAUL, MN WITH SEVERAL VIRTUAL COMPONENTS. THE EVENT INCLUDED STUDENT PEER NETWORKING, JUDGING, PUBLIC VIEWING, AND ENRICHMENT ACTIVITIES INCLUDING 10 EXHIBITOR BOOTHS, A TRAVELING PLANETARIUM, FREE SCIENCE MUSEUM ADMISSION, AND GIVEAWAYS. THE EVENT CONCLUDED WITH A STUDENT SOCIAL WITH FOOD AND TRIVIA. VIRTUAL ASPECTS OF THE PROGRAM INCLUDED ONLINE REGISTRATION FOR STUDENTS AND JUDGES ONLINE SUBMISSION OF AND ACCESS TO PROJECT MATERIALS A VIRTUAL WELCOME CEREMONY AND KEYNOTE ADDRESS, AND AN ONLINE AWARDS CEREMONY AND AWARDS ANNOUNCEMENTS. 323 STUDENTS, REPRESENTING 276 PROJECTS AND 65 SCHOOLS, PARTICIPATED. 221 STEM PROFESSIONALS VOLUNTEERED TO SCORE PROJECTS AND PROVIDE FEEDBACK TO STUDENTS, AND MORE VOLUNTEERED AS SPECIAL AWARDS JUDGES AND GENERAL EVENT VOLUNTEERS. EFFORTS TO INCREASE STUDENT ACCESS TO THIS ACTIVITY INCLUDED THE ONE-DAY EVENT STRUCTURE, LOWER REGISTRATION COSTS AND FEE WAIVERS FOR THOSE WITH FINANCIAL NEED, AND NEW, STANDARDIZED PROJECT PRESENTATION GUIDELINES.
THE MN STATE HIGH SCHOOL AND MIDDLE SCHOOL SCIENCE BOWLS WERE HELD IN PERSON ON JANUARY 28, 2023 AND FEBRUARY 11, 2023, RESPECTIVELY. THE WINNING TEAMS REPRESENTED MINNESOTA IN THE NATIONAL SCIENCE BOWL HELD IN PERSON IN WASHINGTON, DC FROM APRIL 27 TO MAY 1, 2023. OUR MIDDLE SCHOOL CHAMPIONS A NEWLY FORMED TEAM INITIATED BY INTERESTED STUDENTS PLACED FOURTH IN THE NATIONAL SCIENCE BOWL. THE NUMBER OF PARTICIPATING SCHOOLS CONTINUES TO RECOVER FROM PANDEMIC LOWS. THE HIGH SCHOOL EVENT FEATURED 26 TEAMS FROM 14 SCHOOLS AND AND THE MIDDLE SCHOOL BOWL INCLUDED 18 TEAMS FROM 8 SCHOOLS. THE EVENTS INCLUDED WELL-RECEIVED MEET THE SCIENTISTS PANEL SESSIONS FEATURING COMPETITION VOLUNTEERS TALKING ABOUT THEIR STEM-RELATED JOBS AND RESPONDING TO STUDENT QUESTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lara Maupin Executive Director | Officer | 40 | $75,481 |
Cynthia Ward-Thompson Board President | OfficerTrustee | 6 | $0 |
Jeff Lande Board Treasurer | OfficerTrustee | 6 | $0 |
Gregory Park Board Secretary | OfficerTrustee | 4 | $0 |
John Morris Board Vice President | OfficerTrustee | 4 | $0 |
Margo Bowerman Board Director | Trustee | 2 | $0 |
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 | $341,086 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $341,086 |
| Total Program Service Revenue | $36,901 |
| Investment income | $1,132 |
| 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 | $379,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,963 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,100 |
| Compensation of current officers, directors, key employees. | $21,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $192,805 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,126 |
| Payroll taxes | $24,831 |
| Fees for services: Management | $46,151 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,674 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,389 |
| Information technology | $25,918 |
| Royalties | $0 |
| Occupancy | $14,355 |
| Travel | $3,664 |
| 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 | $0 |
| Insurance | $4,782 |
| All other expenses | $2,206 |
| Total functional expenses | $532,406 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,714 |
| Savings and temporary cash investments | $68,030 |
| Pledges and grants receivable | $28,994 |
| Accounts receivable, net | $0 |
| 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 | $2,246 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $111,984 |
| Accounts payable and accrued expenses | $19,258 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $19,258 |
| Net assets without donor restrictions | $47,015 |
| Net assets with donor restrictions | $45,711 |
| 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 | $111,984 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The International Science Foundation Inc Hayward, WI | $0 | $178,809 |
Minnesota Academy Of Science St Paul, MN | $111,984 | $379,233 |
Jackson C Willis Research Fund Tr 1559903 Milwaukee, WI | $331,009 | $12,466 |
Iowa Association Of Family & Consumer Sciences Webster City, IA | $80,679 | $9,276 |
Insurance Studies Institute Minneapolis, MN | $0 | $0 |