World Science Foundation is located in New York, NY. The organization was established in 2006. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. As of 09/2023, World Science Foundation employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Science Foundation 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, World Science Foundation generated $4.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $5.6m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (0.4%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE AND SUSTAIN A GENERAL PUBLIC INFORMED BY THE SUBSTANCE OF SCIENCE, INSPIRED BY ITS WONDER, CONVINCED OF ITS VALUE AND PREPARED TO EXPLORE ITS IMPLICATIONS FOR THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FESTIVAL CREATES NOVEL, CREATIVE, AND ARTFULLY PRODUCED PROGRAMS AND INTERDISCIPLINARY EVENTS. FROM COMPELLING PRESENTATIONS OF CUTTING-EDGE SCIENTIFIC RESEARCH AND CAPTIVATING HANDS-ON DEMONSTRATIONS FOR KIDS, TO WORKS IN THEATRE, FILM AND THE ARTS INSPIRED BY SCIENCE, THE FESTIVAL DRAMATICALLY RAISES THE PROFILE OF SCIENCE. FESTIVAL PROGRAMS ARE TAPED, EDITED AND MADE AVAILABLE YEAR-ROUND ON THE FESTIVAL'S WEBSITE, TOGETHER WITH COMPLEMENTARY CONTENT, DRAMATICALLY EXPANDING THE REACH AND IMPACT OF THE FESTIVAL AND BUILDING A GROWING ARCHIVE OF EDUCATIONAL SCIENCE PROGRAMMING. WORLD SCIENCE U PROVIDES A UNIQUE EDUCATIONAL EXPERIENCE FOR STUDENTS, WITH WORLD-RENOWNED PROFESSORS LEADING THE WAY, ACCOMPANIED BY STATE-OF-THE-ART PRODUCTION. THE DIVERSE COURSE OFFERINGS LET STUDENTS SPEND MINUTES, HOURS, DAYS, OR MONTHS ON A SUBJECT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Greene Chairman | OfficerTrustee | 40 | $0 |
Tracy Day Ceo/secretary | OfficerTrustee | 40 | $236,500 |
Judith Cox President/treasurer | OfficerTrustee | 40 | $73,022 |
Alan Alda Director | Trustee | 1 | $0 |
Tamsen Ann Ziff Director | Trustee | 1 | $0 |
Gillian Small Wsu President/director | Trustee | 40 | $214,946 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Eleventh Dimension Media Consulting Services | 9/29/23 | $142,497 |
Ryan Thompson Editor/animator | 9/29/23 | $119,325 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $208,122 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $3,533,123 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,741,245 |
Total Program Service Revenue | $500,854 |
Investment income | $194,861 |
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 | $4,450,960 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $637,705 |
Compensation of current officers, directors, key employees. | $205,185 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,362,857 |
Pension plan accruals and contributions | $6,346 |
Other employee benefits | $102,803 |
Payroll taxes | $160,454 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,752,077 |
Advertising and promotion | $223,416 |
Office expenses | $173,223 |
Information technology | $64,112 |
Royalties | $0 |
Occupancy | $263,456 |
Travel | $109,116 |
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 | $158,477 |
Insurance | $24,415 |
All other expenses | $0 |
Total functional expenses | $5,563,490 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,395,021 |
Savings and temporary cash investments | $72,169 |
Pledges and grants receivable | $3,816,150 |
Accounts receivable, net | $103,166 |
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 | $34,958 |
Net Land, buildings, and equipment | $375,970 |
Investments—publicly traded securities | $10,969,143 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,404,242 |
Total assets | $20,170,819 |
Accounts payable and accrued expenses | $361,896 |
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 | $3,348,238 |
Total liabilities | $3,710,134 |
Net assets without donor restrictions | $10,099,065 |
Net assets with donor restrictions | $6,361,620 |
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 | $20,170,819 |