Institute For Venture Science is located in Seattle, WA. The organization was established in 2015. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Venture 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 12/2021, Institute For Venture Science generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (41.5%) per year over the past 6 years. 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
2021
Describe the Organization's Program Activity:
Part 3
SLOW YEAR ONCE AGAIN BECAUSE OF PANDEMIC. MARKETING PLANS UNDER DEVELOPMENT, ESPECIALLY VIDEOS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gerald H Pollack Executive Director | 5 | $0 | |
Beverly Rubik Board Member | 3 | $0 | |
Glenn Estrabillo Acting Board Chair | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,020 |
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 | $10,020 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,736 |
Total expenses | $6,736 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,513 |
Other assets | $0 |
Total assets | $28,513 |
Total liabilities | $0 |
Net assets or fund balances | $28,513 |
Over the last fiscal year, we have identified 1 grants that Institute For Venture Science has recieved totaling $20.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Organization Name | Assets | Revenue |
---|---|---|
Oregon Community Programs Eugene, OR | $4,423,506 | $4,611,357 |
Council For The Advancement Of Science Writing Inc Seattle, WA | $2,112,272 | $1,147,107 |
Glacier Peak Institute Darrington, WA | $298,389 | $376,299 |
Gorge Ecology Outdoors Hood River, OR | $250,595 | $217,883 |
Idaho Dairy Environmental Action League Research Foundation Inc Twin Falls, ID | $2,070,245 | $89,999 |
Northwest Nuclear Laboratories Federal Way, WA | $7,220 | $0 |
Alward Institute For Collaborative Science Pullman, WA | $7,246 | $39,543 |
Soundbio Lab Seattle, WA | $126,511 | $0 |
Northwest Scientific Association Mountlake Terrace, WA | $397,099 | $0 |
Science Communication Institute Seattle, WA | $1,960 | $0 |
Fourbridges Port Angeles, WA | $65,125 | $0 |
Institute For Venture Science Seattle, WA | $28,513 | $0 |