Seattle Universal Math Museum is located in Seattle, WA. The organization was established in 2019. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2024, Seattle Universal Math Museum employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle Universal Math Museum 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 06/2024, Seattle Universal Math Museum generated $836.3k in total revenue. All expenses for the organization totaled $844.8k during the year ending 06/2024.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SPARK EACH AND EVERY PERSON TO LOVE MATH. PROGRAM PARTICIPANTS EMBARK ON A MATH JOURNEY WITH CREATIVE OPPORTUNITIES FOR MATH EXPLORATION, LEARNING AND DISCOVERY TO FOSTER POSITIVE CONNECTIONS TO MATH, BOOST MATH CONFIDENCE AND HELP STUDENTS SEE MATH AS RELEVANT TO THEIR FUTURE. WE AIM TO REDUCE THE EQUITY GAP IN MATH EDUCATION FOR GIRLS AND STUDENTS OF COLOR, DIVERSIFY THE PIPELINE OF PEOPLE PURSUING STEAM CAREERS AND BETTER PREPARE YOUTH TO THRIVE IN THE DIGITAL ECONOMY OF THE 21ST CENTURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMM CONTINUED TO DEVELOP, COLLABORATE ON AND PARTICIPATE IN MULTIPLE FREE MATH COMMUNITY OUTREACH PROGRAMS AND ACTIVITIES TO PROMOTE POSITIVE EXPERIENCES, ENGAGING WITH OUR LOCAL AND BROADER COMMUNITIES. EXPENSES INCLUDE STAFF, CONSULTANTS, ADVERTISING AND PROMOTION, CONFERENCES, TRAVEL AND ASSOCIATION MEMBERSHIPS TO FURTHER OUR MISSION, AND SUPPORT THE ORGANIZATION TO PROVIDE CREATIVE, DYNAMIC AND RESEARCH-SUPPORTED MATH EDUCATION PROGRAMMING. GRANT FOR $10,000 INCLUDED FOR SUPPORT FOR OUR FUTURE EDUCATIONAL OUTREACH VAN.
STUDIO INFINITY STARTED THREE PROJECTS IN THE LATTER HALF OF THE FISCAL YEAR, SPONSORED BY SEATTLE UNIVERSAL MATH MUSEUM, AND FOLLOWING THE MISSION TO SPARK EACH AND EVERY PERSON TO LOVE MATH. PROJECTS WERE DISPLAYED IN DIVERSE VENUES AROUND THE UNITED STATES.
SUMM CONTINUED WITH MULTIPLE MATH EDUCATION PROGRAMMING IN PARTNERSHIP WITH MULTIPLE ORGANIZATIONS, SCHOOLS, LIBRARIES, COMMUNITY CENTERS AND OTHER MUSEUMS TO FACILITATE LEARNING MATH IN A FUN, HANDS-ON WAY FOR ALL AGES OF PARTICIPANTS. IN FY24 WE HOSTED MORE THAN TWO HUNDRED EVENTS AND REACHED OVER TEN THOUSAND PARTICIPANTS AT VARIOUS SITES, MANY WITH PARTNER ORGANIZATIONS. WE RECEIVED GRANTS AND DONATIONS TO COVER ABOUT 70% OF EXPENSES, AND 75% OF OUR EVENTS WERE HELD IN "COMMUNITIES OF OPPORTUNITY" WITH HIGHLY DIVERSE POPULATIONS.
SUMM CONTINUED TO DEVELOP POTENTIAL PROTOTYPE EXHIBITS TO BE INCLUDED IN FUTURE PROGRAMMING AND EXHIBIT SPACES, INCLUDING FUTURE TRAVEL TO SCHOOLS, LIBRARIES, AND COMMUNITY CENTERS IN OUR LOCAL COMMUNITIES. THESE PROTOTYPE EXHIBITS DEMONSTRATE OUR DEDICATION TO IMMERSIVE AND INTERACTIVE MATH EXPERIENCES, AND MAY BE FURTHER DEVELOPED INTO MORE PERMANENT EXHIBITS AT OUR FUTURE MUSEUM SPACE. STAFF, CONSULTANTS AND VARIOUS PROJECT EXPENSES ARE INCLUDED IN THIS FISCAL YEAR'S EXPENSES, AND FUNDING CAME FROM A $125,000 GRANT IN A PREVIOUS YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tracy Drinkwater Founder, President Of The Board, Acting Executive Director | OfficerTrustee | 50 | $0 |
Masha Shunko Board Member, Vice President | OfficerTrustee | 1 | $0 |
Glen Whitney Board Member, Treasurer | OfficerTrustee | 1 | $0 |
Stuart Denman Board Member, Secretary | OfficerTrustee | 1 | $0 |
Lisa Wellman Board Member | Trustee | 1 | $0 |
Craig Reynolds Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $47,132 |
Related organizations | $0 |
Government grants | $45,000 |
All other contributions, gifts, grants, and similar amounts not included above | $700,533 |
Noncash contributions included in lines 1a–1f | $240 |
Total Revenue from Contributions, Gifts, Grants & Similar | $792,665 |
Total Program Service Revenue | $26,601 |
Investment income | $15,672 |
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 | $836,268 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $24,723 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $336,663 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $7,138 |
Payroll taxes | $39,708 |
Fees for services: Management | $146,264 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,175 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $34,000 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $116,579 |
Advertising and promotion | $11,771 |
Office expenses | $12,944 |
Information technology | $515 |
Royalties | $0 |
Occupancy | $12,046 |
Travel | $7,011 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,012 |
Interest | $54 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,444 |
All other expenses | $4,075 |
Total functional expenses | $844,833 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,121 |
Savings and temporary cash investments | $287,310 |
Pledges and grants receivable | $162,750 |
Accounts receivable, net | $17,621 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $369 |
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 | $475,171 |
Accounts payable and accrued expenses | $10,282 |
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 | $6,371 |
Total liabilities | $16,653 |
Net assets without donor restrictions | $62,931 |
Net assets with donor restrictions | $395,587 |
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 | $475,171 |