Alaska Challenger Center For Space Science Technology Incorporated

Organization Overview

Alaska Challenger Center For Space Science Technology Incorporated is located in Kenai, AK. The organization was established in 1997. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Alaska Challenger Center For Space Science Technology Incorporated employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alaska Challenger Center For Space Science Technology Incorporated 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, Alaska Challenger Center For Space Science Technology Incorporated generated $534.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $597.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE STUDENTS TO LOOK BEYOND THE ORDINARY, IMAGINE THE UNATTAINABLE AND ANSWER THOSE SEEMINGLY IMPOSSIBLE QUESTIONS THROUGH THE PURSUIT OF HIGHER EDUCATION IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE, ORGANIZE, OPERATE AND RAISE MONEY FOR AND MAINTAIN THE ALASKA CHALLENGER CENTER FOR SPACE SCIENCE TECHNOLOGY IN KENAI, ALASKA


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Board, Officers & Key Employees

Name (title)Compensation
Marnie Olcott
Executive Dir.
$79,468
Jake Arness
Secretary
$0
Melissa Galloway
Treasurer
$0
John Torgerson
President
$0
Tim Dillon
Vice President
$0
Nick Kelly
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $191,385
All other contributions, gifts, grants, and similar amounts not included above$118,206
Noncash contributions included in lines 1a–1f $13,100
Total Revenue from Contributions, Gifts, Grants & Similar$309,591
Total Program Service Revenue$134,918
Investment income $237
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $64,605
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $18,316
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,607
Miscellaneous Revenue$0
Total Revenue $534,602

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Alaska Challenger Center For Space Science Technology Incorporated has recieved totaling $76,500.

Awarding OrganizationAmount
Marathon Petroleum Foundation Inc

Findlay, OH

PURPOSE: KENAI PENNINSULA SIMULATED SPACE MISSION PROGRAM

$30,000
Marathon Petroleum Foundation Inc

Findlay, OH

PURPOSE: MISSION SIMULATOR AND EDUCATIONAL DELIVERY SYSTEMS UPGRADES

$30,000
$16,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$109,498
Ending Balance$116,085

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