Science Literacy Project
- Assets
- $293.7k
- Revenue
- $252.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 06/1994
- Data as of
- 06/2023
- EIN
- 52-1844456
Organization Overview
Science Literacy Project, operating under the name Genetic Literacy Project, is located in Cincinnati, OH. The organization was established in 1994. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Genetic Literacy Project 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 06/2023, Genetic Literacy Project generated $252.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $422.9k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING SCIENCE LITERACY BY EDUCATING THE PUBIC ABOUT BIOTECHNOLOGY INNOVATION THAT IS REVOLUTIONIZING MEDICINE AND ADVANCING SUSTAINABLE FARMING AND FOOD PRACTICES
Describe the Organization's Program Activity:
THE GLP IS A NONPARTISAN MEDIA-BASED OUTREACH AND EDUCATIONAL NONPROFIT CHARITY COMMITTED TO AIDING THE PUBLIC, JOURNALISTS AND POLICYMAKERS TO IMPROVE THE LIVES OF OUR GLOBAL COMMUNITY BY PROMOTING SCIENCE LITERACY. WE STAND BY TWO PRINCIPLES: 'SCIENCE NOT IDEOLOGY AND 'FACT BASED SCIENCE TO SERVE THE PUBLIC INTEREST.' THE GLP CHALLENGES MISINFORMATION AND SUPPORTS TRANSPARENT, ETHICAL, SCIENCE-BASED REGULATIONS OF BIOTECHNOLOGY AND RELATED SCIENCES THAT ARE REVOLUTIONIZING MEDICINE, ADVANCING SUSTAINABLE FARMING AND FOOD PRACTICES IN THE FACE OF INCREASING CLIMATE DISRUPTION, AND LIMITING DANGERS POSED BY DISEASE-CARRYING PLANT, INSECT, AND RODENT PESTS. TO FULFILL OUR MISSION, THE GLP PARTNERS ACROSS IDEOLOGICAL AND POLITICAL LINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Entine Executive Director | OfficerTrustee | 40 | $220,309 |
Mahaletchumy Arujanan Director | Trustee | 1 | $0 |
Mary J Boote Roth Director | Trustee | 1 | $0 |
Nina V Fedoroff Director | Trustee | 1 | $0 |
Kathleen Hefferon Director | Trustee | 1 | $0 |
Dr Ganesh Kishore Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $239,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $239,379 |
| Total Program Service Revenue | $0 |
| Investment income | $8,729 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,156 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $252,151 |
| 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. | $203,056 |
| Compensation of current officers, directors, key employees. | $7,214 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,997 |
| Fees for services: Accounting | $18,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,500 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $166,286 |
| Advertising and promotion | $4,439 |
| Office expenses | $4,886 |
| Information technology | $11,803 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,033 |
| 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 | $5,293 |
| All other expenses | $0 |
| Total functional expenses | $422,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,059 |
| Savings and temporary cash investments | $0 |
| 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 | $284,662 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $293,721 |
| Accounts payable and accrued expenses | $1,833 |
| 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 | $1,833 |
| Net assets without donor restrictions | $291,888 |
| 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 | $293,721 |