LIBERTY SCIENCE CENTER INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LIBERTY SCIENCE CENTER INC (EIN 22-2302253)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202401369349300805
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T23:43:31-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 873231666 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PKF O'CONNOR DAVIES ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 245 PARK AVENUE 12TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10167 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 222302253 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIBERTY SCIENCE CENTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIBE | BusinessNameControlTxt |
| Phone | 2012001000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 JERSEY CITY BOULEVARD | AddressLine1Txt |
| City | JERSEY CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07305 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TAMOUR KOUSHA | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 2012001000 | PhoneNum |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TAMOUR | PersonFirstNm |
| Person Last | KOUSHA | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRETT M HIGGINS | PreparerPersonNm |
| PTIN | P00543209 | PTIN |
| Phone | 2122862600 | PhoneNum |
| Preparation | 2024-05-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PAUL HOFFMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 JERSEY CITY BOULEVARD | AddressLine1Txt |
| City | JERSEY CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $45,208,516 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LSC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1980 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | TO INSPIRE THE NEXT GENERATION OF SCIENTISTS AND ENGINEERS AND EXCITE LEARNERS OF ALL AGES ABOUT THE POWER, PROMISE, AND PURE FUN OF SCIENCE AND TECHNOLOGY.LSC OFFERS EXCEPTIONAL SCIENCE LEARNING ONSITE, OFFSITE, AND ONLINE AS WELL AS PROFESSIONAL DEVELOPMENT FOR TEACHERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 177 | TotalEmployeeCnt |
| Total Volunteers | 46 | TotalVolunteersCnt |
| Total Gross UBI | $134,999 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $18,804,000 | PYContributionsGrantsAmt |
| CY Contributions Grants | $22,558,114 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,155,018 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,913,452 | CYProgramServiceRevenueAmt |
| PY Investment Income | $322,246 | PYInvestmentIncomeAmt |
| CY Investment Income | $822,224 | CYInvestmentIncomeAmt |
| PY Other Revenue | $1,028,752 | PYOtherRevenueAmt |
| CY Other Revenue | $2,049,673 | CYOtherRevenueAmt |
| PY Total Revenue | $29,310,016 | PYTotalRevenueAmt |
| CY Total Revenue | $40,343,463 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $68,050 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $9,210,324 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,815,101 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,018,608 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,758,603 | PYOtherExpensesAmt |
| CY Other Expenses | $19,037,923 | CYOtherExpensesAmt |
| PY Total Expenses | $23,968,927 | PYTotalExpensesAmt |
| CY Total Expenses | $29,921,074 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $5,341,089 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,422,389 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $130,660,221 | TotalAssetsBOYAmt |
| Total Assets EOY | $145,135,950 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $16,118,124 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $19,852,509 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $114,542,097 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $125,283,441 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $22,043,273 | ExpenseAmt |
| Grant | $68,050 | GrantAmt |
| Revenue | $14,913,452 | RevenueAmt |
| Desc | LIBERTY SCIENCE CENTER HAS BROAD AMBITIONS AND SOUND STRATEGIES TO CHANGE THE FACE OF SCIENCE EDUCATION IN NEW JERSEY AND BEYOND. IN ADDITION TO ITS ENGAGING EXHIBITION AND THEATER OFFERINGS, AN IMPORTANT TOOL IN ACHIEVING THAT OBJECTIVE IS THE CENTER FOR LEARNING AND TEACHING. THE 19,000-SQUARE-FOOT FACILITY IS DEDICATED TO DELIVERING EDUCATIONAL PROGRAMMING FOR STUDENTS, GUESTS, TEACHERS, AND VISITORS. IT IS THE HOME OF LSC'S INTERNATIONALLY ACCLAIMED "LIVE FROM SURGERY" PROGRAM, WHERE STUDENTS OBSERVE AND DISCUSS PROCEDURES AND RISK FACTORS WITH OPERATING STAFF VIA VIDEOCONFERENCING DURING LIVE SURGERY. IT ALSO FEATURES SEVEN WORKING LABS INCLUDING THE MAKERLAB, AS WELL AS THE STUDIO FOR ELECTRONIC FIELD TRIPS. IN THIS SPACE, LSC PROVIDES OUTSTANDING AND AFFORDABLE EDUCATOR PROFESSIONAL DEVELOPMENT OPPORTUNITIES. SCHOOL RESIDENCIES ARE AVAILABLE THERE FOR SPECIAL NEEDS, HOME SCHOOLERS, AND OTHER STUDENTS. LIBERTY SCIENCE CENTER ALSO CONDUCTS CURRICULUM-LINKED ONSITE, OFFSITE, AND ONLINE PROGRAMS INCLUDING FIELD TRIPS, CLASSROOM AND LAB INSTRUCTION, INTERPRETIVE PROGRAMS IN BOTH FORMAL AND INFORMAL SETTINGS, TRAVELING SCIENCE PRESENTATIONS, AND EARLY CHILDHOOD SCIENCE PROGRAMMING. THE INSTITUTION ANNUALLY HOSTS HUNDREDS OF PRIVATE EVENTS FROM BIRTHDAY PARTIES TO HIGH-END PRODUCT LAUNCHES, HOSTS WORKFORCE DEVELOPMENT INITIATIVES, AND SHOWCASES PUBLIC SCIENCE- AND TECHNOLOGY- RELATED EVENTS FROM ROBOTICS COMPETITIONS TO LIVE ANIMAL SHOWS TO ROCKETRY LESSONS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $826,405 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | LIBERTY SCIENCE CENTER'S SCITECH SCITY WILL BE A "BUSINESS OPTIMIZER", A NEW BREED OF INNOVATION CENTER THAT MAXIMIZES COMMERCIAL SUCCESS AND SOCIAL IMPACT OF SCIENCE AND TECHNOLOGY STARTUPS. THE WORD SCITY (PRONOUNCED "CITY"), FROM SCIENCE + CITY, IS LSC'S PORTMANTEAU FOR A CITY INFUSED WITH SCIENTIFIC CREATIVITY AND ACTIONABLE OPTIMISM ABOUT BUILDING A BETTER FUTURE FOR ALL OF US. ENVISAGED AS A SMALL-SCALE "CITY OF TOMORROW", SCITECH SCITY ASPIRES TO BE AN INTERNATIONALLY RECOGNIZED COMMUNITY WHERE BUSINESSES TEST - AND RESIDENTS AND VISITORS EXPERIENCE - NEW PRODUCTS AND SERVICES BEFORE THEY COME TO MARKET. THE 30-ACRE INNOVATION CAMPUS WILL CONSIST OF: LIBERTY SCIENCE CENTER, THE MOST VISITED CULTURAL INSTITUTION IN NEW JERSEY AND THE LARGEST IMMERSIVE SCIENCE LEARNING CENTER IN THE NJ-NYC METROPOLITAN AREA, EDGE WORKS, THE ECONOMIC AND CREATIVE HUB FOR SCITECH SCITY CONSISTING OF 120,000 SQUARE FEET OF MULTI-FUNCTION WORKSPACE FOR TECHNOLOGY STARTUPS, ENTREPRENEURS AND SKUNK WORKS PROJECTS OF ESTABLISHED COMPANIES, AND A STATE-OF-THE-ART CONFERENCE CENTER AND TECH EXHIBITION SPACE; LIBERTY SCIENCE CENTER HIGH SCHOOL, A PUBLIC HIGH SCHOOL FOR SCIENCE-INTERESTED STUDENTS IN HUDSON COUNTY, NEW JERSEY, SCHOLARS VILLAGE, RESIDENTIAL HOUSING FOR ENTREPRENEURS, TEACHERS, STUDENTS, AND TECH-SAVVY FAMILIES, AND A PUBLIC COMMONS AND PLAZA, CONSISTING OF A LARGE OUTDOOR AREA AND COMMON AREA SPACE FOR SOCIALIZING AND ENJOYMENT THAT WILL BE OPEN TO THE PUBLIC. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $22,869,678 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 56 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 177 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TAMOUR KOUSHA CFO | PersonNm |
| Phone | 2012531265 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 JERSEY CITY BLVD | AddressLine1Txt |
| City | JERSEY CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07305 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| DAVID BARRY | |||||||
| CO-CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| STEVEN R HOWE JR | |||||||
| CO-CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SHERI BRONSTEIN | |||||||
| VICE-CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ALMA DEMETROPOLIS | |||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LAURA OVERDECK | |||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RICHARD M HODOSH | |||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BRUCE L LEVY | |||||||
| TREASURER/SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOSH S WESTON | |||||||
| CHAIRMAN EMERITUS | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER S BOERNER | |||||||
| TRUSTEE (THRU OCT 2022) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEANETTE CALANDRA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER A CHALSTY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CLARISSA GONCALVES | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT J HARIRI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RALPH IZZO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SAM KHICHI | |||||||
| TRUSTEE (THRU FEB 2023) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BOB LOCKETT | |||||||
| TRUSTEE (THRU FEB 2023) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY MANDLER | |||||||
| TRUSTEE (THRU FEB 2023) | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| W NEVINS MCCANN JD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN MUSTOKOFF AKSELRAD | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHIRAG PATEL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC O PAVESE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| AL REBA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY T SKIADAS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JANET TRUNCALE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG TUSAR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NING YUAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL HOFFMAN | |||||||
| PRESIDENT & CEO | 70.00 | Yes (X) | $1,011,462 | $0 | $123,227 | ||
| CHRISTINE ARNOLD-SCHROEDER | |||||||
| VP EXTERNAL AFFAIRS | 60.00 | Yes (X) | $278,921 | $0 | $63,012 | ||
| TAMOUR KOUSHA | |||||||
| EVP, CHIEF FINANCIAL OFFICER | 60.00 | Yes (X) | $323,649 | $0 | $36,485 | ||
| IOWAKA BARBER | |||||||
| CHIEF PEOPLE OFFICER | 60.00 | Yes (X) | $243,007 | $0 | $30,808 | ||
| LISA HAYWARD | |||||||
| SR. DIRECTOR, INDIV. GIVING | 50.00 | $177,309 | $0 | $19,124 | Yes (X) | ||
| PAUL MARSH | |||||||
| VP MARKETING & COMMUNICATIONS | 50.00 | $144,005 | $0 | $41,200 | Yes (X) | ||
| IVORY WILLIAMS | |||||||
| VP STEM EDUCATION | 50.00 | $153,722 | $0 | $43,141 | Yes (X) | ||
| LIZA REICH RAWSON | |||||||
| HEAD, EXHIBITION DEV. & DESIGN | 50.00 | $161,228 | $0 | $40,146 | Yes (X) | ||
| KRISTINA REINTAMM | |||||||
| SR. DIRECTOR, INSTIT. GIVING | 50.00 | $131,026 | $0 | $32,371 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,624,329 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $429,514 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ESPOSITO CONSTRUCTION | |||||
| 24 MERCHANTS WAY SUITE 109 | COLTS NECK | NJ | 07722 | SITE DEVELOPMENT & IMPROVEMENT | $2,395,967 |
| JRM CONSTRUCTION MANAGEMENT NEW JERSEY L | |||||
| 390 VETERANS BOULEVARD | CARLSTADT | NJ | 07072 | CONSTRUCTION SERVICES | $1,948,672 |
| ART GUILD | |||||
| 300 WOLF DRIVE | WEST DEPTFORD | NJ | 08086 | EXHIBIT DESIGN SERVICES | $1,560,803 |
| PENGUIN MAINTENANCE AND SERVICES | |||||
| 5 PENN PLAZA 16TH FLOOR | NEW YORK | NY | 10001 | BUILDING ENGINEERING | $1,292,746 |
| NAKA TECHNOLOGIES LLC | |||||
| 120 COMMERCE DRIVE SUITE 106 | HAUPPAUGE | NY | 11788 | IT SERVICES | $756,723 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 34 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $2,569,156 | MembershipDuesAmt |
| Fundraising | $2,432,626 | FundraisingAmt |
| Government Grants | $6,688,729 | GovernmentGrantsAmt |
| All Other Contributions | $10,867,603 | AllOtherContributionsAmt |
| Noncash Contributions | $4,465,548 | NoncashContributionsAmt |
| Total Contributions | $22,558,114 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ADMISSIONS | 712110 | $11,828,037 | $11,828,037 |
| SCHOOL CONTRACT | 712110 | $1,350,000 | $1,350,000 |
| MUSEUM PROGRAMS | 712110 | $1,253,591 | $1,253,591 |
| MEMBERSHIP DUES | 712110 | $481,824 | $481,824 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,913,452 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $791,934 | TotalRevenueColumnAmt |
| Exclusion | $791,934 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,346,651 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $250,898 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,095,753 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,095,753 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $134,999 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,960,754 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,118,466 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,088,176 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $30,290 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $30,290 | TotalRevenueColumnAmt |
| Exclusion | $30,290 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $98,200 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,432,626 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $525,979 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$427,779 | TotalRevenueColumnAmt |
| Exclusion | -$427,779 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| SOLAR REN. ENERGY CERT. | 900099 | $290,264 | $290,264 |
| VENDING MACHINE | 900099 | $61,477 | $61,477 |
| PHOTO KIOSK | 900099 | $17,635 | $17,635 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,323 | TotalRevenueColumnAmt |
| Exclusion | $12,323 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $381,699 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,343,463 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,913,452 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $134,999 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,736,898 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,050 | TotalAmt |
| Program Services | $68,050 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,156,183 | TotalAmt |
| Program Services | $576,047 | ProgramServicesAmt |
| Management And General | $916,777 | ManagementAndGeneralAmt |
| Fundraising | $663,359 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,878,473 | TotalAmt |
| Program Services | $5,417,539 | ProgramServicesAmt |
| Management And General | $761,465 | ManagementAndGeneralAmt |
| Fundraising | $699,469 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $228,117 | TotalAmt |
| Program Services | $152,992 | ProgramServicesAmt |
| Management And General | $53,715 | ManagementAndGeneralAmt |
| Fundraising | $21,410 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $905,172 | TotalAmt |
| Program Services | $490,120 | ProgramServicesAmt |
| Management And General | $328,278 | ManagementAndGeneralAmt |
| Fundraising | $86,774 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $647,156 | TotalAmt |
| Program Services | $341,577 | ProgramServicesAmt |
| Management And General | $230,331 | ManagementAndGeneralAmt |
| Fundraising | $75,248 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,733 | TotalAmt |
| Program Services | $55,139 | ProgramServicesAmt |
| Management And General | $144,059 | ManagementAndGeneralAmt |
| Fundraising | $535 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,475 | TotalAmt |
| Management And General | $95,475 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,000 | TotalAmt |
| Program Services | $126,000 | ProgramServicesAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,330 | TotalAmt |
| Management And General | $30,330 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,288,464 | TotalAmt |
| Program Services | $1,756,417 | ProgramServicesAmt |
| Management And General | $423,167 | ManagementAndGeneralAmt |
| Fundraising | $108,880 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $546,061 | TotalAmt |
| Program Services | $545,557 | ProgramServicesAmt |
| Management And General | $3 | ManagementAndGeneralAmt |
| Fundraising | $501 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $611,531 | TotalAmt |
| Program Services | $450,619 | ProgramServicesAmt |
| Management And General | $102,948 | ManagementAndGeneralAmt |
| Fundraising | $57,964 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $431,100 | TotalAmt |
| Program Services | $201,600 | ProgramServicesAmt |
| Management And General | $221,499 | ManagementAndGeneralAmt |
| Fundraising | $8,001 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $250,382 | TotalAmt |
| Program Services | $250,382 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,685,482 | TotalAmt |
| Program Services | $4,803,261 | ProgramServicesAmt |
| Management And General | $760,134 | ManagementAndGeneralAmt |
| Fundraising | $122,087 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $91,146 | TotalAmt |
| Program Services | $68,152 | ProgramServicesAmt |
| Management And General | $10,865 | ManagementAndGeneralAmt |
| Fundraising | $12,129 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $236,154 | TotalAmt |
| Program Services | $134,429 | ProgramServicesAmt |
| Management And General | $16,522 | ManagementAndGeneralAmt |
| Fundraising | $85,203 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $336,894 | TotalAmt |
| Program Services | $293,098 | ProgramServicesAmt |
| Management And General | $40,427 | ManagementAndGeneralAmt |
| Fundraising | $3,369 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,095,366 | TotalAmt |
| Program Services | $5,302,968 | ProgramServicesAmt |
| Management And General | $731,444 | ManagementAndGeneralAmt |
| Fundraising | $60,954 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $436,695 | TotalAmt |
| Program Services | $316,062 | ProgramServicesAmt |
| Management And General | $118,050 | ManagementAndGeneralAmt |
| Fundraising | $2,583 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EXHIBIT RENTALS | $821,667 | $821,667 | ||
| BANK & CREDIT CARD FEES | $382,924 | $370,238 | $12,686 | |
| SPECIAL ACTIVITY COSTS | $134,322 | $121,324 | $8,110 | $4,888 |
| BAD DEBT | $15,456 | $15,456 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,741 | TotalAmt |
| Program Services | $206,440 | ProgramServicesAmt |
| Management And General | $11,047 | ManagementAndGeneralAmt |
| Fundraising | $5,254 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,921,074 | TotalAmt |
| Program Services | $22,869,678 | ProgramServicesAmt |
| Management And General | $5,032,788 | ManagementAndGeneralAmt |
| Fundraising | $2,018,608 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,230,617 | BOYAmt |
| EOY | $8,117,963 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,380,723 | BOYAmt |
| EOY | $29,674,960 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,975,383 | BOYAmt |
| EOY | $3,285,382 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $310,104 | BOYAmt |
| EOY | $677,694 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $801,301 | BOYAmt |
| EOY | $517,156 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $210,573,933 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $111,896,525 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,045,657 | BOYAmt |
| EOY | $98,677,408 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,897,436 | BOYAmt |
| EOY | $4,164,887 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,000 | BOYAmt |
| EOY | $20,500 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,660,221 | BOYAmt |
| EOY | $145,135,950 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,714,870 | BOYAmt |
| EOY | $8,379,130 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,405,079 | BOYAmt |
| EOY | $3,780,827 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,848,275 | BOYAmt |
| EOY | $7,544,607 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $149,900 | BOYAmt |
| EOY | $147,945 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,000,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,118,124 | BOYAmt |
| EOY | $19,852,509 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,063,952 | BOYAmt |
| EOY | $81,160,466 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,478,145 | BOYAmt |
| EOY | $44,122,975 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $114,542,097 | BOYAmt |
| EOY | $125,283,441 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,660,221 | BOYAmt |
| EOY | $145,135,950 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $10,422,389 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $318,955 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,462,972 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,801,572 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,682,861 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,804,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,558,114 | CurrentTaxYearAmt |
| Total | $98,309,519 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,462,972 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,801,572 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,682,861 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,804,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,558,114 | CurrentTaxYearAmt |
| Total | $98,309,519 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $12,205,099 | SubstantialContributorsTotAmt |
| Public Support Total170 | $86,104,420 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,810,755 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $884,899 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $315,621 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,212,572 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,752,688 | CurrentTaxYearAmt |
| Total | $6,976,535 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $363,609 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $409,887 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $266,550 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $253,103 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $381,699 | CurrentTaxYearAmt |
| Total | $1,674,848 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $106,960,902 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $51,045,621 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80500 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83800 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2018 AMOUNT: $ 363,609. 2019 AMOUNT: $ 409,887. 2020 AMOUNT: $ 266,550. 2021 AMOUNT: $ 253,103. 2022 AMOUNT: $ 381,699. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | 0 | DirectContactLegislatorsInd |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | Yes (1) | OtherActivitiesInd |
| Other Activities | $126,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $126,000 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION ENGAGED A THIRD-PARTY GOVERNMENT RELATIONS FIRM FOR SERVICES INCLUDING ADVISORY, POLICY DEVELOPMENT, PUBLIC AFFAIRS, AND STRATEGIC CONSULTING WITH RESPECT TO LIBERTY SCIENCE CENTER'S BUSINESS INTERESTS IN NEW JERSEY, NEW JERSEY'S POLITICAL SUBDIVISIONS, AND NY/NJ BI-STATE AGENCIES. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Assets Included | $35,204,888 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,119,719 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $455,940 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,575,659 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,681,090 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$561,371 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,119,719 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,749,661 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $931,429 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $4,681,090 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,753,311 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$3,650 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,749,661 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,548,553 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $204,758 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $3,753,311 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00150 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.60560 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.39290 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $17,850,000 | OtherCostOrOtherBasisAmt |
| Book Value | $17,850,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $147,630,717 | OtherCostOrOtherBasisAmt |
| Depreciation | $87,300,793 | DepreciationAmt |
| Book Value | $60,329,924 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,888,328 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,109,294 | DepreciationAmt |
| Book Value | $5,779,034 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $35,204,888 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,486,438 | DepreciationAmt |
| Book Value | $14,718,450 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $98,677,408 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $41,439,295 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $318,955 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $776,877 | OtherRevenueAmt |
| Revenue Not Reported | $1,095,832 | RevenueNotReportedAmt |
| Revenue Subtotal | $40,343,463 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $40,343,463 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,697,951 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $776,877 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $776,877 | ExpensesNotReportedAmt |
| Expenses Subtotal | $29,921,074 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $29,921,074 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | LIBERTY SCIENCE CENTER HAS TWELVE EXHIBITION GALLERIES GEARED TOWARD VISITORS OF ALL AGES. THE EXHIBITS SERVE A CRITICAL ROLE IN REALIZING THE ORGANIZATION'S MISSION TO BRING EXCITEMENT AND UNDERSTANDING OF SCIENCE AND TECHNOLOGY TO CHILDREN, FAMILIES, TEACHERS AND OTHERS BY OFFERING CREATIVE AND INTERACTIVE WAYS TO LEARN ABOUT STEM TOPICS. |
| PART V, LINE 4: | THE CENTER'S DONOR-RESTRICTED ENDOWMENT CONSISTS OF SIX INDIVIDUAL FUNDS ESTABLISHED FOR UNRESTRICTED PURPOSES. |
| PART X, LINE 2: | THE CENTER RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE CENTER HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE CENTER IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT DIRECT EXPENSES 525,979. EXPENSES RELATED TO RENTAL INCOME 250,898. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | SPECIAL EVENT DIRECT EXPENSES 525,979. EXPENSES RELATED TO RENTAL INCOME 250,898. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL GALA | Event1Nm |
| Gross Receipts Event1 | $2,530,826 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $2,432,626 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $98,200 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $208,233 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $145,391 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $75,280 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $97,075 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $2,530,826 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,432,626 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $98,200 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $208,233 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $145,391 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $75,280 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $97,075 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $525,979 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$427,779 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| PARTNERS IN SCIENCE STIPENDS | 28 | $28,000 |
| INTERNSHIP STIPENDS | 10 | $27,300 |
| HIGH SCHOOLS OF THE FUTURE STIPENDS | 2 | $12,750 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION OFFERS A STIPEND TO HIGHSCHOOL STUDENTS WHO PARTICIPATE IN THE "PARTNERS IN SCIENCE" PROGRAM. RECIPIENTS ARE SELECTED THROUGH AN INTERVIEW AND MUST MEET ELIGIBILITY REQUIREMENTS. THE ORGANIZATION OFFERS A STIPEND TO COLLEGE STUDENTS WHO PARTICIPATE IN A CAREER ACCELERATOR INTERNSHIP. GRANT FROM NJS OFFICE OF THE SECRETARY OF HIGHER EDUCATION. THE ORGANIZATION OFFERS A STIPEND TO TEACHERS AND STUDENTS WHO PARTICIPATE IN THE BANK OF AMERICA HIGH SCHOOL OF THE FUTURE PROGRAM AS PART OF A GRANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAUL HOFFMAN | ||||||||||||||
| PRESIDENT & CEO | $659,088 | $0 | $350,000 | $0 | $2,374 | $0 | $99,525 | $0 | $23,702 | $0 | $1,134,689 | $0 | $0 | $0 |
| TAMOUR KOUSHA | ||||||||||||||
| EVP, CHIEF FINANCIAL OFFICER | $263,462 | $0 | $60,000 | $0 | $187 | $0 | $12,192 | $0 | $24,293 | $0 | $360,134 | $0 | $0 | $0 |
| CHRISTINE ARNOLD-SCHROEDER | ||||||||||||||
| VP EXTERNAL AFFAIRS | $242,687 | $0 | $35,000 | $0 | $1,234 | $0 | $22,839 | $0 | $40,173 | $0 | $341,933 | $0 | $0 | $0 |
| IOWAKA BARBER | ||||||||||||||
| CHIEF PEOPLE OFFICER | $207,203 | $0 | $35,000 | $0 | $804 | $0 | $18,883 | $0 | $11,925 | $0 | $273,815 | $0 | $0 | $0 |
| LIZA REICH RAWSON | ||||||||||||||
| HEAD, EXHIBITION DEV. & DESIGN | $140,439 | $0 | $20,000 | $0 | $789 | $0 | $13,485 | $0 | $26,661 | $0 | $201,374 | $0 | $0 | $0 |
| IVORY WILLIAMS | ||||||||||||||
| VP STEM EDUCATION | $141,642 | $0 | $11,949 | $0 | $131 | $0 | $6,209 | $0 | $36,932 | $0 | $196,863 | $0 | $0 | $0 |
| LISA HAYWARD | ||||||||||||||
| SR. DIRECTOR, INDIV. GIVING | $162,454 | $0 | $14,261 | $0 | $594 | $0 | $14,866 | $0 | $4,258 | $0 | $196,433 | $0 | $0 | $0 |
| PAUL MARSH | ||||||||||||||
| VP MARKETING & COMMUNICATIONS | $132,977 | $0 | $10,770 | $0 | $258 | $0 | $12,592 | $0 | $28,608 | $0 | $185,205 | $0 | $0 | $0 |
| KRISTINA REINTAMM | ||||||||||||||
| SR. DIRECTOR, INSTIT. GIVING | $120,940 | $0 | $10,000 | $0 | $86 | $0 | $3,898 | $0 | $28,473 | $0 | $163,397 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4B | THE ORGANIZATION'S CEO, PAUL HOFFMAN, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. HE DID NOT RECEIVE A PAYMENT FROM THIS PLAN DURING THE YEAR. |
| PART I, LINE 7 | THE ORGANIZATION PROVIDED NON-FIXED PERFORMANCE BONUS PAYMENTS IN ADDITION TO SALARY ON A DISCRETIONARY BASIS TO CERTAIN EMPLOYEES, INCLUDING THOSE LISTED IN PART VII. THESE PERFORMANCE BONUS PAYMENTS WERE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN CONSIDERATION OF A VARIETY OF FACTORS INCLUDING PERFORMANCE AND RESULTS OF PERFORMANCE, CURRENT COMPENSATION AS COMPARED TO MARKET RATES, AND RESPONSIBILITIES ASSUMED OUTSIDE OF NORMAL JOB DUTIES. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,418,009 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,047,539 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG SELLING PRICE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 1 | LIBERTY SCIENCE CENTER (LSC) IS A MAJOR NOT-FOR-PROFIT SCIENCE CENTER DEVOTED TO STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS) EDUCATION. THE CENTER'S MISSION IS TO INSPIRE THE NEXT GENERATION OF SCIENTISTS AND ENGINEERS AND TO EXCITE LEARNERS OF ALL AGES ABOUT THE POWER, PROMISE, AND PURE FUN OF SCIENCE AND TECHNOLOGY. MORE THAN 750,000 GUESTS VISIT LSC ANNUALLY INCLUDING SOME 280,000 STUDENTS AND TEACHERS. OF THOSE, MORE THAN 40 PERCENT ARE LOW-INCOME, UNDERSERVED YOUTH. LSC IS HOUSED IN A 300,000-SQUARE-FOOT FACILITY ON THE JERSEY CITY BANK OF THE HUDSON RIVER IN LIBERTY STATE PARK, NEW JERSEY, WITH DRAMATIC VIEWS OF LOWER MANHATTAN AND THE STATUE OF LIBERTY. IT OFFERS 12 EXHIBITION GALLERIES, LIVE SCIENCE PROGRAMS, 3 THEATERS INCLUDING A PLANETARIUM, AND A FULL SERVICE CAFE AND GIFT SHOP. SPECIAL WEEKEND AND HOLIDAY PROGRAMMING INCORPORATE A WIDE VARIETY OF EXCITING EXPERIENCES INCLUDING MEETING VISITING SCIENTISTS, TRYING OUT NEW TECHNOLOGY, AND EVEN ENJOYING SCIENCE-RELATED CHARACTER APPEARANCES. EDUCATORS AND STUDENTS FROM ACROSS THE NEW JERSEY-NEW YORK CITY AREA ARE A SPECIAL FOCUS. TEACHERS CAN IMPROVE THEIR SCIENCE PEDAGOGY OR SIGN STUDENTS UP FOR AWARD-WINNING ON-SITE AND OFF-SITE EDUCATION PROGRAMS. THESE INCLUDE CLASSES FOR SCIENTISTS AGES 2-5, FOCUSED K-12 FIELD TRIPS, HANDS-ON LAB WORKSHOPS, AND ELECTRONIC VIDEOCONFERENCING THAT USHERS STUDENTS INTO SCIENCE-RICH SETTINGS IN REAL TIME SUCH AS SURGICAL SUITES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE ORGANIZATION AND IN CONSULTATION WITH THE ORGANIZATION'S STAFF. THE FORM 990 IS THEN CAREFULLY REVIEWED BY THE FINANCE DEPARTMENT. THE FINAL FORM 990 IS REVIEWED IN DETAIL BY THE FINANCE, AUDIT, AND FACILITIES COMMITTEE OF THE BOARD OF TRUSTEES, AND THEN PROVIDED ELECTRONICALLY TO EACH BOARD MEMBER PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL TRUSTEES, OFFICERS, AND EMPLOYEES THAT REQUIRES, IN PART, THAT NO INDIVIDUAL MAY PARTICIPATE IN DISCUSSIONS OR DECISIONS ON ANY MATTER IN WHICH THEY HAVE A MATERIAL FINANCIAL INTEREST. ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND TO INDICATE WHETHER THE ORGANIZATION DOES BUSINESS WITH AN ENTITY IN WHICH THEY HAVE A MATERIAL FINANCIAL INTEREST. WHEN A POTENTIAL CONFLICT OF INTEREST IS IDENTIFIED, THE CIRCUMSTANCES ARE FIRST REVIEWED INTERNALLY BY THE CEO AND CFO, AND IF FURTHER CLARIFICATION IS REQUIRED IN ORDER TO DETERMINE WHETHER A CONFLICT EXISTS, EXTERNAL LEGAL COUNSEL IS CONSULTED. ANY ADVISABLE OR NECESSARY ACTION ON A CONLICT OF INTEREST WOULD BE REVIEWED BY, OR TAKEN OR APPROVED BY, THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD OR THE BOARD CHAIR OR CO-CHAIR OR THE CEO, AS APPROPRIATE. |
| FORM 990, PART VI, SECTION B, LINE 15A | LINE 15A: IN CONSIDERING CEO ANNUAL SALARY AND ANNUAL INCENTIVE COMPENSATION, THE LIBERTY SCIENCE CENTER (LSC) EXECUTIVE COMMITTEE (COMPRISED OF WHOLLY INDEPENDENT TRUSTEES) AND WITHOUT THE PARTICIPATION OF THE CEO, ENGAGES AN INDEPENDENT COMPENSATION FIRM (WHICH HAS A NATIONAL COMPENSATION PRACTICE WITH CONCENTRATION IN TAX EXEMPT ORGANIZATIONS, PROVIDES NO OTHER SERVICES TO LSC, AND REPORTS SOLELY TO THE LSC EXECUTIVE COMMITTEE) TO PROVIDE A DETAILED INDEPENDENT COMPENSATION ANALYSIS FOR THE LSC CEO POSITION. IN ITS CEO COMPENSATION ANALYSIS, THE INDEPENDENT COMPENSATION FIRM UTILIZES A NUMBER OF APPLICABLE COMPENSATION DATA POINTS (INCLUDING A NUMBER OF PROPRIETARY COMPENSATION SURVEYS AND FORM 990 INFORMATION) FOR THE LSC CEO POSITION AND THE PARTICULAR RESPONSIBILITIES OF THE LSC CEO (INCLUDING AS CEO OF THE LIBERTY SCIENCE CENTER ORGANIZATION AND CEO OF THE SEPARATE SCITECH SCITY DEVELOPMENT PROJECT) AND IN THE LSC GEOGRAPHICAL AREA. IN SETTING CEO ANNUAL SALARY AND ANNUAL INCENTIVE BONUS AMOUNTS, THE LSC EXECUTIVE COMMITTEE CONSIDERS THIS INDEPENDENT CEO COMPENSATION ANALYSIS, AS WELL AS THE LSC CEO POSITION AND RESPONSIBILITIES (INCLUDING THE SEPARATE CEO RESPONSIBILITIES FOR THE SCITECH SCITY DEVELOPMENT PROJECT), THE INDEPENDENCE AND EXPERTISE OF THE COMPENSATION FIRM, THE CEO'S ANNUAL PERFORMANCE AND THE CEO'S ACHIEVEMENT AGAINST PERFORMANCE OBJECTIVES, PEER GROUP APPROPRIATENESS, ANY SPECIAL ACHIEVEMENTS OF AND SPECIAL CHALLENGES FACED BY THE LSC CEO, UNIQUENESS OF RESPONSIBILITIES, OTHER COMPONENTS OF CEO COMPENSATION, AND OTHER FACTORS CONSIDERED RELEVANT OR APPLICABLE BY THE LSC EXECUTIVE COMMITTEE. FOLLOWING AND BASED ON SUCH EXECUTIVE COMMITTEE CONSIDERATION AND DISCUSSION, THE LSC EXECUTIVE COMMITTEE FORMALLY APPROVES SUCH CEO COMPENSATION AT MEETINGS WHICH A QUORUM IS PRESENT, AND FORMALLY DOCUMENTS SUCH EXECUTIVE COMMITTEE REVIEW AND APPROVAL. THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS RECOMMENDED BY THE CEO AND IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE PROCESS IS DOCUMENTED IN THE COMMITTEE MEETING MINUTES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON THE ORGANIZATION'S WEBSITE, GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. THE ORGANIZATION DOES NOT CURRENTLY MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICES. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE OF THE BOARD OF TRUSTEES THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCITECH SCITY LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 JERSEY CITY BLVD | AddressLine1Txt |
| City | JERSEY CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 473288450 | EIN |
| Primary Activities | HOLD REAL ESTATE FOR SCIENCE & TECHNOLOGY PARK | PrimaryActivitiesTxt |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Total Income | $497,284 | TotalIncomeAmt |
| End Of Year Assets | $29,390,022 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIBERTY SCIENCE CENTER | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCITECH SCITY INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 JERSEY CITY BLVD | AddressLine1Txt |
| City | JERSEY CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07305 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 863816726 | EIN |
| Primary Activities | CURRENTLY NO ACTIVITY | PrimaryActivitiesTxt |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIBERTY SCIENCE CENTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |