Space Generation Advisory Council
- Assets
- $1.5m
- Revenue
- $654.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 45-0473253
Organization Overview
Space Generation Advisory Council is located in Washington, DC. The organization was established in 2004. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Space Generation Advisory Council 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 12/2022, Space Generation Advisory Council generated $654.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $761.7k during the year ending 12/2022. While expenses have increased by 17.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO EMPLOY THE CREATIVITY AND VIGOR OF YOUTH IN ADVANCING HUMANITY THROUGH THE PEACEFUL USES OF OUTER SPACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPACE GENERATION FUSION FORUM (SGFF). HELD ANNUALLY IN SCENIC COLORADO SPRINGS IN CONJUNCTION WITH THE SPACE SYMPOSIUM, THE SPACE GENERATION FUSION FORUM IS A MULTI-DAY, HIGH-INTENSITY, FAST-PACED PROFESSIONAL DEVELOPMENT AND NETWORKING EVENT FOCUSED ON THE INTERNATIONAL AND US SPACE INDUSTRY. DELEGATES ARE STUDENTS AND YOUNG PROFESSIONALS FROM AROUND THE WORLD AND VARIOUS FACETS OF THE SPACE SECTOR INCLUDING SCIENCE, ENGINEERING, LAW/POLICY, BUSINESS/COMMERCE, MEDICINE, MEDIA, MILITARY, AND GOVERNMENT. THROUGH DISCUSSION TRACKS, EXPERT PANELS, KEYNOTE PRESENTATIONS, AND INTERACTIVE ACTIVITIES, THESE SELECTED DELEGATES "FUSE" THEIR PERSPECTIVES.
SGAC WAS ALSO INVOLVED IN REGIONAL WORKSHOPS AND EVENTS SUCH AS SPACE GENERATE WORKSHOPS FOCUSING ON SPACE ISSUES THAT ARE OF INTEREST TO THE REGION. SGAC CONTINUED WITH SMALL PROJECTS RELATED TO EXEMPT PURPOSE.
SPACE GENERATION CONGRESS (SGC). THE SPACE GENERATION CONGRESS (SGC) IS THE PREMIER EVENT OF THE SPACE GENERATION ADVISORY COUNCIL, HELD ANNUALLY IN CONJUNCTION WITH THE INTERNATIONAL ASTRONAUTICAL CONGRESS (IAC) AT THE SAME HOSTING LOCATION. AROUND 150 DELEGATES FROM AROUND THE WORLD ARE SELECTED THROUGH A HIGHLY COMPETITIVE PROCESS TO ATTEND THIS PRESTIGIOUS EVENT. THE PROGRAM INCLUDES KEYNOTE SPEAKERS FROM ACROSS THE SPACE SECTOR, TOPICAL DISCUSSION PANELS, AND FOCUSED WORKING GROUPS TO DELIVER ON THE VOICE AND THOUGHTS OF STUDENTS AND YOUNG PROFESSIONALS FROM ACROSS THE GLOBE. THE REPORT FROM THE CONGRESS IS DELIVERED TO THE UNITED NATIONS COMMITTEE ON PEACEFUL USES OF OUTER SPACE AND OUR PARTNERS.
SGX. IN PARTNERSHIP WITH FUTURE SPACE LEADERS FOUNDATION (FSLF) AND SATELLITE 2022, SGAC HOSTED ITS EIGHT SGX IN 2022. SGX IS A TECHNOLOGY-FOCUSED EVENT THAT BRINGS TOGETHER YOUNG PROFESSIONALS, INDUSTRY EXPERTS, AND GOVERNMENT LEADERS TO DISCUSS PRESSING ISSUES AND INNOVATIVE IDEAS IN AN EXCITING WAY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carissa Christensen Chair | Trustee | 10 | $0 |
Lance Bush Director | Trustee | 6 | $0 |
Michael Brett Director | Trustee | 6 | $0 |
Christopher Johnson Director | Trustee | 6 | $0 |
Marshall Smith Director | Trustee | 6 | $0 |
Anthony Yuen Director | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $77,950 |
| All other contributions, gifts, grants, and similar amounts not included above | $525,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $602,950 |
| Total Program Service Revenue | $51,671 |
| Investment income | $127 |
| 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 | $654,748 |
| 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 | $102,817 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $41,840 |
| Compensation of current officers, directors, key employees. | $16,736 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,918 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $140,684 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42 |
| Advertising and promotion | $0 |
| Office expenses | $1,028 |
| Information technology | $4,186 |
| Royalties | $0 |
| Occupancy | $8,208 |
| Travel | $15,114 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $404,823 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $761,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,165 |
| Savings and temporary cash investments | $1,169,062 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $144,025 |
| 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 | $0 |
| 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 | $1,464,252 |
| Accounts payable and accrued expenses | $21,332 |
| 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 | $21,332 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $168,001 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,274,919 |
| Total liabilities and net assets/fund balances | $1,464,252 |