Virtual Science Center Inc
- Assets
- $1.9m
- Revenue
- $301.5k
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 03/2016
- Data as of
- 12/2021
- EIN
- 47-5099310
Organization Overview
Virtual Science Center Inc is located in San Jose, CA. The organization was established in 2016. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virtual Science Center Inc 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, Virtual Science Center Inc generated $301.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERACTIVE MUSEUM EXHIBITIONSEE ATTACHED STATEMENT OF CHARITABLE ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meghan Lee Treasurer | 4 | $105,040 | |
Brendan Trexler President | 4 | $0 | |
Elizabeth Trexler Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $40 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $226,490 |
| Total Revenue | $301,530 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $105,040 |
| Other employee salaries and wages | $127,190 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,883 |
| Depreciation | $810,115 |
| Occupancy | $1,823 |
| Travel, conferences, and meetings | $267 |
| Printing and publications | $1,633 |
| Other expenses | $215,761 |
| Total operating and administrative expenses | $1,295,956 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,295,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,264 |
| Savings and temporary cash investments | $257,130 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $15,020 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,066 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $1,608,658 |
| Other assets | $1,275 |
| Total assets | $1,910,413 |
| Accounts payable and accrued expenses | $7,566 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,566 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Virtual Science Center Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Education | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uss Midway Museum San Diego, CA | $89,557,357 | $9,957,373 |
Lucas Museum Of Narrative Art Los Angeles, CA | $1,047,180,873 | $200,315,657 |
Musical Instrument Museum Phoenix, AZ | $166,967,307 | $47,583,205 |
Operation Underground Railroad Inc Anaheim, CA | $68,076,312 | $47,549,013 |
Discovery Science Center Of Orange County Santa Ana, CA | $60,809,996 | $26,194,294 |
Grammy Museum Foundation Inc Los Angeles, CA | $19,726,049 | $9,757,476 |
Japanese American National Museum Los Angeles, CA | $64,155,556 | $8,326,332 |
Mingei International Inc San Diego, CA | $66,923,986 | $7,226,145 |
Heard Museum Phoenix, AZ | $36,442,009 | $14,120,125 |
Turtle Bay Exploration Park Redding, CA | $48,250,618 | $8,223,185 |
Palm Springs Art Museum Palm Springs, CA | $40,212,131 | $11,070,079 |
Safari Game Search Foundation Winston, OR | $11,893,690 | $8,001,628 |