Sciart Exchange
- Assets
- $1.0m
- Revenue
- $157.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Houston, TX
- Founding
- 06/2015
- Data as of
- 12/2023
- EIN
- 47-3000608
Organization Overview
Sciart Exchange is located in Houston, TX. The organization was established in 2015. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Sciart Exchange employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sciart Exchange 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 12/2023, Sciart Exchange generated $157.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $155.3k during the year ending 12/2023. While expenses have increased by 21.2% 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
SEE PAGE 2, PART III LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DEVELOPMENT & ONLINE RESOURCES & IN-PERSON TRAINING: SCIART EXCHANGE CONTINUED TO OFFER LECTURES, WEBINARS, VIDEOCASTS & PODCASTS, AND ACTIVITIES AS ONLINE RESOURCES ABOUT THE VALUE OF SCIENCE-TECHNOLOGY-ENGINEERING-ART-MATH (STEAM) EDUCATION & PRACTICE TO HELP TRAIN PARTICIPANTS IN SPACE EXPLORATION, SCIENCE COMMUNICATION, CREATIVITY & TEAMWORK USING ART-INTEGRATION TECHNIQUES. THE NONPROFIT ALSO POSTED ON ITS MULTIPLE SOCIAL MEDIA PLATFORMS & IN AN ELECTRONIC NEWSLETTER, NETWORKED VIRTUALLY & IN PERSON, AND ENGAGED IN DISPLAYS AT EVENTS TO ENCOURAGE INTEREST IN SPACE, SCIENCE & TECHNOLOGY & TO DISCUSS THE VALUE OF INTEGRATING SCIENCE & ART TO FOSTER COMMUNICATION, INNOVATION & TEAMWORK. SCIART EXCHANGE ALSO MENTORED COMMUNICATIONS INTERNS, CONTRIBUTING TO THEIR CAREER DEVELOPMENT, WHILE ALSO BOOSTING THE FREQUENCY OF THE NONPROFITS ONLINE OFFERINGS.
CONTESTS: IN PARTNERSHIP WITH THE NASA COMMERCIAL CREW PROGRAM, SCIART EXCHANGE EXECUTED AN INTERNATIONAL ART CONTEST FOR CHILDREN AGED 4-12 (HTTPS://WWW.NASA.GOV/COMMERCIAL-CREW-ARTWORK-CONTEST/#WINNERS) CALLED THE NASA COMMERCIAL CREW PROGRAM CHILDRENS ART CONTEST. THE INTENT OF THE ACTIVITY WAS TO SPREAD INTEREST & EXCITEMENT ABOUT HUMAN SPACE EXPLORATION. THE NONPROFIT RECEIVED OVER 3,000 ENTRIES FROM 51 COUNTRIES.
INSTALLATIONS: SCIART EXCHANGE WORKED ON THE DEVELOPMENT OF AN IN-PERSON, INTERACTIVE ART INSTALLATION TO BE SHOWCASED IN THE FIRST QUARTER OF 2024. CALLED SENSING DEEP SPACE: PANDORAS CLUSTER, THE EXPERIENCE WAS DESIGNED TO TAKE VISITORS THROUGH NEW DISCOVERIES IN THE PANDORAS CLUSTER REGION OF SPACE WITH BOTH SPATIAL SOUNDSCAPE AND VISUAL 3D PROJECTION-MAPPED ART TRANSLATED FROM AND PRESERVING THE INFORMATION FROM JAMES WEBB AND OTHER SPACE TELESCOPE DATA. THE GOAL WAS TO USE THE ARTWORK TO ENHANCE PUBLIC UNDERSTANDING OF ASTRONOMY DATA AND FOSTER EXCITEMENT ABOUT SPACE, SCIENCE AND TECHNOLOGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ari Peralta Chair | OfficerTrustee | 2 | $0 |
Barbie Buckner Treasurer | OfficerTrustee | 2 | $0 |
Nicole Pardo Secretary | OfficerTrustee | 2 | $0 |
Jancy Mcphee Executive Director | Trustee | 20 | $42,000 |
Jeff Carr Director | Trustee | 1 | $0 |
Josh Grossberg Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $102,227 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $110,227 |
| Total Program Service Revenue | $0 |
| Investment income | $47,263 |
| 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 | $157,490 |
| 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. | $82,867 |
| Compensation of current officers, directors, key employees. | $14,907 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,248 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $705 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $59,089 |
| Advertising and promotion | $0 |
| Office expenses | $1,121 |
| Information technology | $1,580 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,381 |
| 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 | $1,629 |
| All other expenses | $0 |
| Total functional expenses | $155,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,383 |
| Savings and temporary cash investments | $987,242 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $1,011,625 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,011,625 |
| Net assets with donor restrictions | $0 |
| 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 | $1,011,625 |