Space Institute Research Corporation is located in Tullahoma, TN. The organization was established in 2014. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. Space Institute Research Corporation 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 06/2020, Space Institute Research Corporation generated $55.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 39.2% each year . All expenses for the organization totaled $56.9k during the year ending 06/2020. While expenses have increased by 29.7% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
PROMOTED, SUPPORTED, AND ENHANCED EDUCATION, RESEARCH, AND ECONOMIC DEVELOPMENT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Jolliffe President | 40 | $24,000 | |
Dr Kenneth Sullivan Director | 1 | $0 | |
Dr Edward Kraft Director | 1 | $0 | |
Dr Mark Whorton Director | 1 | $0 | |
Dan Pierre Director | 1 | $0 | |
Steve Cope Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $55,000 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $55,000 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $48,705 |
Professional fees and other payments to independent contractors | $1,387 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $155 |
Other expenses | $6,667 |
Total expenses | $56,914 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $0 |
Net assets or fund balances | $0 |
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