2025-05-15T10:00:38-05:00 2024-06-30 990 2023-07-01 231352000 THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA ACAD 2152991000 1900 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 191031101 MEGHAN BUCCI CHIEF FINANCIAL OFFICER 2152991000 2025-05-14 1 2023 2025-03-06 01:10:19Z THE ACADEMY OF NATURAL SCIENCES OF DREXEL UNIVERSITY MEGHAN BUCCI 1900 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 191031101 27159597 0 X WWW.ANSP.ORG X 1812 PA UNDERSTAND THE NATURAL WORLD AND INSPIRE EVERYONE TO CARE FOR IT. 28 24 246 177 968191 384912 11477927 13264512 5806106 5842234 4309372 2202860 257218 1095487 21850623 22405093 456939 586488 0 0 10675592 11931675 0 0 1410876 10527432 11175048 21659963 23693211 190660 -1288118 101737515 107084169 4976270 5616961 96761245 101467208 X THE MISSION IS "TO UNDERSTAND THE NATURAL WORLD AND INSPIRE EVERYONE TO CARE FOR IT." THE ACADEMY IMPLEMENTS ITS MISSION THROUGH UNDERSTANDING THE DIVERSITY OF LIFE; DEVELOPING AND APPLYING SCIENCE TO PROTECT THE ENVIRONMENT; AND INFORMING AND BUILDING A MOVEMENT OF ENVIRONMENTALLY ENGAGED COMMUNITIES FOR A HEALTHY, SUSTAINABLE AND EQUITABLE PLANET. 0 0 7771288 580638 3039612 SCIENCE DIVISION - ACADEMY SCIENTISTS CONDUCT RESEARCH AROUND THE WORLD, COLLECTING SAMPLES THAT HELP THEM DOCUMENT BIODIVERSITY, TRACE EVOLUTION AND TRACK ENVIRONMENTAL CHANGES OVER TIME. FOR OVER 200 YEARS, ACADEMY SCIENTISTS HAVE PRESERVED, CURATED, AND STUDIED WHAT IS NOW A WORLD-CLASS COLLECTION OF AN ESTIMATED 19 MILLION BIOLOGICAL SPECIMENS THAT DOCUMENT THE HISTORY OF LIFE ON EARTH. THE ACADEMY'S ENVIRONMENTAL WORK INCLUDES A FOCUS ON UNDERSTANDING AND MANAGING THE VARIED IMPACTS OF ENVIRONMENTAL CONDITIONS ON DIVERSE HUMAN COMMUNITIES. FUNDING FOR RESEARCH COMES FROM FEDERAL, STATE, AND LOCAL GOVERNMENTAL AGENCIES AND FOUNDATIONS. THROUGH FESTIVALS (SUCH AS OUR POPULAR BUG FEST), MEMBERS' NIGHT, BEHIND-THE-SCENES TOURS, PUBLICATIONS, AND PUBLIC PROGRAMS, SCIENTISTS SHARE THEIR DISCOVERIES, ENABLING COLLEAGUES, VISITORS, AND MEMBERS TO GAIN FURTHER INSIGHT INTO EARTH'S ENVIRONMENTAL PROCESSES AND HOW TO MAINTAIN A SUSTAINABLE FUTURE. ACADEMY SCIENTISTS CONTINUE TO PRODUCE SCIENTIFIC PUBLICATIONS AND CULTIVATE OUR COLLECTIONS, WHICH ARE UTILIZED BY SCIENTISTS AROUND THE WORLD, BY TRAVELING ON FIELD TRIPS AND EXPEDITIONS FOR RESEARCH. THE ACADEMY AND DREXEL UNIVERSITY'S JOINT PROGRAM BIODIVERSITY, EARTH AND ENVIRONMENTAL SCIENCE (BEES) HAS GROWN WITH MANY NEW PROJECTS ON THE HORIZON AS WE CONTINUE TO BE THE EPICENTER OF DISCOVERY. DIGITIZING THE COLLECTIONS, SEARCHING FOR GENETIC CLUES TO BIODIVERSITY, AND UNDERSTANDING ENVIRONMENTAL CHANGES IN LOCAL WETLANDS AND WATERSHEDS, ACADEMY SCIENTISTS CONTINUE TO BE THE LEADING RESEARCHERS IN NATURAL SCIENCES. 7645514 2075 2601553 PUBLIC EDUCATION - THE ACADEMY BRINGS NATURAL SCIENCE TO LIFE THROUGH THREE FLOORS OF ENGAGING PERMANENT EXHIBITS THAT INCLUDE OUR HISTORIC DIORAMAS AND DINOSAUR HALL AS WELL AS THE CHILDREN'S NATURE DISCOVERY CENTER, OUTSIDE IN, THAT FACILITATES HANDS-ON EXPERIENCES WITH LIVE ANIMALS. WHILE VISITATION TO THE ACADEMY IS STILL REBOUNDING FROM THE EFFECTS OF THE GLOBAL COVID-19 PANDEMIC, WE WELCOMED MORE THAN 100,000 VISITORS IN THE FISCAL YEAR 2024. THIS PAST SUMMER, THE NUMBER OF GROUP VISITS FOR SUMMER CAMPS CONTINUED TO INCREASE, AND THE ATTENDEES IN THE ACADEMY'S POPULAR SUMMER SCIENCE CAMP ROSE SIGNIFICANTLY. THE ACADEMY CONTINUES TO OFFER EXCITING NEW EXPERIENCES TO OUR PUBLICS. FOR EVOLUTION YEAR 2024, THE ACADEMY PRESENTED THE IN-HOUSE DEVELOPED EXHIBITION "LIFE ONTO LAND: THE DEVONIAN" IN THE WILLIAM B. DIETRICH GALLERY - A GROUNDBREAKING EXHIBITION CENTERED AROUND THE ACADEMY'S INTERNATIONALLY CELEBRATED PALEONTOLOGICAL RESEARCH AND THE INCREDIBLE DISCOVERY OF "TIKTAALIK ROSEAE", A TRANSITIONAL FOSSIL UNEARTHED IN 2004 ON ELLESMERE ISLAND IN THE CANADIAN ARCTIC TERRITORY OF NUNAVUT THAT HAS BEEN CRITICAL IN PIECING TOGETHER A PICTURE OF HOW TERRESTRIAL, LIMBED VERTEBRATES AROSE FROM AQUATIC, LOBE-FINNED ANCESTORS. IN OUR SPOTLIGHT GALLERY WE PRESENTED "DRAWING FROM THE COLLECTIONS: BEETLES" HIGHLIGHTING THE ASTOUNDING BIODIVERSITY OF BEETLES AND THEIR EVOLUTIONARY SUCCESS. IN OUR SPECIAL EXHIBITIONS GALLERY, WE OPENED "ICE DINOSAURS", AN EXHIBITION BASED ON GROUNDBREAKING DISCOVERIES ON DINOSAURS THAT LIVED IN EXTREME POLAR ENVIRONMENTS. PUBLIC PROGRAMMING SUCH AS THE ACADEMY TOWN SQUARE SERIES; SPEAKER SERIES; DINOS AFTER DARK AND FESTIVALS SUCH AS THE BELOVED BUG FEST AS WELL AS THE NEW CONFLUENCE FILM FESTIVAL ANIMATED THE PUBLIC EXPERIENCE THROUGHOUT THE YEAR. IN FISCAL YEAR 2024, WE ALSO CONTINUED TO COLLABORATE WITH DREXEL FACULTY ON THE MUSEUM INNOVATION FUND, A MICRO-GRANTING OPPORTUNITY THAT INSPIRES FACULTY AND STUDENTS TO EXPERIMENT WITH THE ACADEMY AS A SPACE FOR NEW APPROACHES TO PUBLIC ENGAGEMENT.THE COMMUNITY LEARNING DIVISION CONTINUES TO CREATE COMMUNITY-CENTERED INITIATIVES THAT MOBILIZE ENVIRONMENTAL JUSTICE LEADERS AND CIVICALLY MINDED INDIVIDUALS. PARTNERING WITH COMMUNITIES ACROSS THE CITY, THE ACADEMY PROVIDES SCIENCE-INFUSED CURRICULUM TO SCHOOLS AND EDUCATORS, SUPPORTS PROFESSIONAL DEVELOPMENT WITHIN A NETWORK OF EDUCATORS, AND CREATES ENVIRONMENTAL JUSTICE PROGRAMS FOR STUDENTS. THE NEWLY FORMED DEPARTMENT OF COMMUNITY SCIENCE WORKS IN PARTNERSHIP WITH DREXEL'S ENVIRONMENTAL COLLABORATORY TO IDENTIFY AND DELIVER FUNDED PROJECTS IN WHICH INDIVIDUALS AND COMMUNITIES PARTNER WITH SCIENTISTS TO ANSWER AND ADDRESS REAL-WORLD ENVIRONMENTAL QUESTIONS. DRAWING ON THE ACADEMY'S UNIQUE ATTRIBUTES - INCLUDING ITS SCIENTISTS, COLLECTIONS, AND RELATIONSHIP WITH DREXEL, THE EDUCATION, LEARNING AND DEVELOPMENT DEPARTMENT CREATES PROGRAMS AND CURRICULA IN SUPPORT OF LIFELONG LEARNING. THE ACADEMY'S CENTER FOR STEAM EQUITY WORKS IN PARTNERSHIP WITH DREXEL (IN PARTICULAR, THE SCHOOL OF EDUCATION) TO ADDRESS SOCIAL INEQUITY THROUGH STEAM TEACHING AND LEARNING BY CONDUCTING, CATALYZING AND SUPPORTING COMMUNITY-BASED RESEARCH. AMONG THESE EFFORTS, THE NATIONALLY RECOGNIZED AND AWARD-WINNING WOMEN IN NATURAL SCIENCES (WINS) PROGRAM, THE LONGEST-RUNNING OF ITS KIND IN THE REGION, CONTINUES TO DELIVER AFTER-SCHOOL AND SUMMER ENRICHMENT FOR YOUNG WOMEN, INTRODUCING HUNDREDS OF HIGH SCHOOL STUDENTS TO FUTURE CAREERS IN SCIENCE. OUR ENGINEERING WINS PROGRAM INFUSES WINS LESSONS WITH ENGINEERING CONTENT AND CONTINUES TO CONNECT STUDENTS WITH SCIENTISTS WHO SERVE AS MENTORS. THE EDUCATION, LEARNING AND DEVELOPMENT TEAM REACHES STUDENTS AGES 5 AND UP IN PRIVATE, CHARTER, AND PUBLIC SCHOOLS, DURING THE SCHOOL DAY AS WELL AS IN OUTREACH PROGRAMS. WE ALSO WORK WITH COMMUNITY PARTNERS IN WEST PHILADELPHIA AND THROUGHOUT THE CITY. OUR KEY PARTNERSHIPS AND COLLABORATIONS ARE CURRENTLY WITH THE MANTUA CIVIC ASSOCIATION, IN COLOR BIRDING CLUB, THE MILL CREEK COMMUNITY COALITION AND BOTH LANKENAU AND OLNEY HIGH SCHOOLS. VOLUNTEER AND CIVIC ENGAGEMENT ENABLES RECRUITMENT, SCREENING, AND PLACEMENT OF VOLUNTEERS TO SUPPORT WORK THROUGHOUT THE ACADEMY, SUPPORTS STAFF IN DESIGNING MEANINGFUL VOLUNTEER, INTERN AND CO-OP POSITIONS THAT SERVE THE MISSION OF THE ACADEMY AND PROVIDES SUPPORT IN DEVELOPING TRAINING AND IN ONGOING SUPERVISION AND RECOGNITION OF THE ACCOMPLISHMENTS OF VOLUNTEERS, UNPAID INTERNS, AND CO-OP STUDENTS. 177 VOLUNTEERS HAVE CONTRIBUTED 10,693 HOURS TO THE ACADEMY. 1420794 3775 201069 LIBRARY AND ARCHIVES - THE ACADEMY'S LIBRARY AND ARCHIVES IS INTERNATIONALLY RECOGNIZED FOR ITS RARE AND HISTORIC COLLECTION OF MORE THAN 250,000 TITLES THAT SPAN FIVE CENTURIES, AS WELL AS OVER 1 MILLION ITEMS, INCLUDING MANUSCRIPTS, CORRESPONDENCE, FIELD NOTEBOOKS, FILMS, JOURNALS, PHOTOGRAPHS, AND WORKS OF ART. THE LIBRARY AND ARCHIVES PROVIDES SERVICES TO BOTH A WIDE RANGE OF SCHOLARLY USERS AND THE PUBLIC. THE DEPARTMENT FREQUENTLY HOSTS RESEARCH APPOINTMENTS, SPECIAL CLASS TOURS, AND SESSIONS WITH THE DREXEL ACADEMIC COMMUNITY, AND TOGETHER WITH CSBE AND DREXEL'S DEPARTMENT OF HISTORY, CONVENES THE SPECIMEN -SPECIAL COLLECTIONS, IDEAS, AND MATERIALITIES OF THE ENVIRONMENT READING GROUP. ITS HOLDINGS AND SERVICES ARE REGULARLY USED BY ACADEMY SCIENTISTS, COLLECTIONS EXPERTS, AND EXTERNAL RESEARCHERS. IT ALSO PLAYS A KEY ROLE IN THE ACADEMY'S EFFORTS TO MAKE ITS COLLECTIONS AND ASSOCIATED DATA MORE WIDELY ACCESSIBLE. ITS STAFF ACTIVELY CONTRIBUTE TO THE CONCEPTION AND IMPLEMENTATION OF ACADEMY EXHIBITIONS AND PROGRAMS, AND ITS MATERIALS CONTINUE TO BE POPULARLY FEATURED IN THE MUSEUM'S OFFERINGS AND DIGITAL OUTREACH. LIBRARY & ARCHIVES IS A MEMBER OF THE CONSORTIUM FOR THE HISTORY OF SCIENCE, TECHNOLOGY, AND MEDICINE (TOGETHER WITH DREXEL UNIVERSITY LIBRARIES AND THE LEGACY CENTER); A PARTICIPATING CONTRIBUTOR OF THE BIODIVERSITY HERITAGE LIBRARY; AND AN ACTIVE PARTNER IN PACSCL-THE PHILADELPHIA AREA CONSORTIUM OF SPECIAL COLLECTIONS LIBRARIES. 16837596 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 0 0 1 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 X 35 0 1 246 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 28 24 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS NH NJ NM NY NC ND NV OH OK OR PA RI SC TN UT VA WA WV WI X X DREXEL UNIVERSITY COMPTROLLER'S OF 2158951442 3141 CHESTNUT STREET STE 225 PHILADELPHIA PA 19104 JOHN A FRY BOARD TRUSTEE 2.00 45.00 X 0 2694118 51650 SCOTT COOPER PHD PRESIDENT AND CEO 40.00 0.00 X X 424863 0 102668 JOSHUA ANTHONY BOARD TRUSTEE 2.00 0.00 X 0 0 0 JEFFREY A BEACHELL BOARD TRUSTEE 2.00 2.00 X 0 0 0 AMY BRANCH SECRETARY (AS OF 12/23) 2.00 0.00 X X 0 0 0 ERICA CARPENTER PHD BOARD TRUSTEE 2.00 0.00 X 0 0 0 MAUREEN CRAIG VICE CHAIR 2.00 0.00 X X 0 0 0 CHRISTOPHER CROCKETT BOARD TRUSTEE 2.00 0.00 X 0 0 0 ABBIE DEAN VICE CHAIR 2.00 2.00 X X 0 0 0 ROBERT J DELANY TREASURER (TO 11/23) 2.00 0.00 X X 0 0 0 SUZANNE EVELAND BOARD TRUSTEE 2.00 0.00 X 0 0 0 JASON FRIEDLAND BOARD TRUSTEE 2.00 0.00 X 0 0 0 MARC E GOLD BOARD TRUSTEE 2.00 0.00 X 0 0 0 DAVID E GRIFFITH CHAIR 2.00 2.00 X X 0 0 0 JEAN M HACHERL BOARD TRUSTEE 2.00 0.00 X 0 0 0 LATASHA HARLING BOARD TRUSTEE 2.00 0.00 X 0 0 0 KEVIN KOWALICK BOARD TRUSTEE 2.00 0.00 X 0 0 0 RASHAAD LAMBERT BOARD TRUSTEE 2.00 0.00 X 0 0 0 SANDRA MCLEAN BOARD TRUSTEE 2.00 0.00 X 0 0 0 ALLEN J MODEL VICE CHAIR 2.00 0.00 X X 0 0 0 JEFFERY M NIELSEN BOARD TRUSTEE 2.00 0.00 X 0 0 0 RON M PHILIP BOARD TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL H REED ESQ VICE CHAIR 2.00 0.00 X X 0 0 0 REBECCA RHYNHART BOARD TRUSTEE (AS OF 10/23) 2.00 40.00 X 0 94897 6246 GERALD B RORER BOARD TRUSTEE 2.00 0.00 X 0 0 0 JOHN F SMITH III BOARD TRUSTEE 2.00 0.00 X 0 0 0 MICHAEL K TUCKER BOARD TRUSTEE 2.00 0.00 X 0 0 0 ROBERT VICTOR SEC (TO 12/23) TREAS (AS OF 12/23) 2.00 0.00 X X 0 0 0 SHARON L WALKER PHD F AEESP FAA BOARD TRUSTEE 2.00 40.00 X 0 471287 48554 LISA M MILLER VP, CFO/COO 40.00 0.00 X 226942 0 50690 MARINA MCDOUGALL VP, EXPERIENCE & ENGAGEMENT 40.00 0.00 X 163588 0 29032 MAURICE BAYNARD VP, COMMUNITY LEARNING 40.00 0.00 X 170992 0 25542 KIMBERLY REYNOLDS VP, CHIEF ADVANCEMENT OFFICER 40.00 0.00 X 0 160191 14678 JACQUELINE GENOVESI EXEC DIRECTOR, CENTER FOR STEAM 40.00 0.00 X 149070 0 16739 MEGHAN BUCCI EXEC DIRECTOR, FINANCE & ADMIN 40.00 0.00 X 148591 0 17575 PEDRO RAPOSO EXEC DIR, LIBRARY & ARCHIVES 40.00 0.00 X 131193 0 20830 ROLAND WALL DIRECTOR, PATRICK CENTER 40.00 2.00 X 129566 1500 28917 JOSEPH RESNICK SR DIR TECH/INFRASTRUCTURE 40.00 0.00 X 108204 0 29291 DAVID VELINSKY FORMER KEY EMPLOYEE 0.00 40.00 X 0 190740 40090 1653009 3612733 482502 13 1 1 0 CLEAN TECH SERVICES INC 114 CHESTNUT ST PHILADELPHIA PA 19106 CLEANING SERVICES 411002 ASSET PROTECTION INC 140 E RICHARDSON AVE LANGHORNE PA 19047 SECURITY SERVICES 274505 CAPACITY INTERACTIVE CONSULTING LLC 82 NASSAU STREET 60283 NEW YORK NY 10038 PROFESSIONAL SERVICES 263786 LIMBACH COMPANY LLC 175 TITUS AVENUE STE 100 WARRINGTON PA 18976 HVAC SERVICES 242512 PRICEWATERHOUSECOOPERS LLP 2001 MARKET ST SUITE 1700 PHILADELPHIA PA 19103 AUDIT SERVICES 152230 8 2279 375586 8913982 135000 3837665 1054685 13264512 ENVIRONMENTAL RESEARCH 541700 2332380 2332380 EDUCATION & MUSEUM PRO 611600 1527764 1527764 MUSEUM ADMISSIONS 712110 1073789 1073789 SYSTEMATIC BIOLOGY RE 541700 707232 707232 ALL OTHER PROGRAM SERVICES 712110 201069 201069 5842234 1734364 1734364 26464 26464 5223000 4729504 25000 493496 -25000 468496 468496 INCOME (LOSS) FROM PARTNERSHIP IN 525990 968191 968191 FACILITY SALES 531120 100832 100832 1069023 22405093 5842234 968191 2330156 495687 495687 12641 12641 78160 78160 1352427 399055 646501 306871 8063009 6601135 987279 474595 815665 729622 32277 53766 1032510 874544 99514 58452 668064 546940 81801 39323 103000 103000 182870 182870 1247488 586462 622419 38607 430048 322348 107700 633521 565644 51710 16167 275429 222098 40043 13288 7120 4194 2926 2484036 2363066 92870 28100 254099 218397 24240 11462 142567 121650 16600 4317 29644 29644 2923501 602205 2098962 222334 1249362 1188520 46709 14133 UBI TAXES 9579 9579 EXHIBITION EXPENSE 732363 732289 74 BAD DEBT EXPENSE 125000 125000 HOSPITALITY 118822 38644 79127 1051 226599 134295 88894 3410 23693211 16837596 5444739 1410876 4500 4500 914702 208970 1761445 2101479 397109 1508372 422085 402929 32247943 15997624 17189755 16250319 42493051 46611957 38552000 39226000 2868 769643 101737515 107084169 1344331 1154018 1207111 954543 2424828 3508400 4976270 5616961 X 7982498 8585880 88778747 92881328 96761245 101467208 101737515 107084169 X -1288118 5343461 650620 X X 0 1 X 1 1 1 X 7982410 9754047 12298612 11477927 13264512 54777508 5141736 4486704 6039109 5888651 5943066 27499266 13124146 14240751 18337721 17366578 19207578 82276774 838933 901541 2543765 1745356 1828145 7857740 915475 1510390 1889585 1724983 1224640 7265073 1754408 2411931 4433350 3470339 3052785 15122813 67153961 1595922 1139461 1897368 1682060 1760828 8075639 16329 304080 320409 1595922 1139461 1897368 1698389 2064908 8396048 2736265 1457404 4193669 14720068 18116477 21692493 19064967 21272486 94866491 0.70790 0.71300 0.08850 0.09070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X 0 70165000 1412000 6599000 4080000 74095000 69154000 236000 4621000 3846000 70165000 73266000 1020000 -1616000 3516000 69154000 58758000 171000 17979000 3642000 73266000 61880000 209000 -24000 3307000 58758000 0.02200 0.89850 0.07950 0 1 1 25924915 10632611 15292304 6279503 5338000 941503 43525 27013 16512 16250319 INVESTMENT AT NAV (PRIVATE EQUITY, REAL ESTATE, HEDGE FUNDS AND OTHER) 39226000 F 39226000 OPERATING LEASE LIABILITY 8400 DUE TO DREXEL UNIVERSITY 3500000 3508400 X 27041915 5343461 5343461 21698454 731639 -25000 706639 22405093 22986572 0 22986572 731639 -25000 706639 23693211 PART X, LINE 2: THE ACADEMY HAS BEEN GRANTED TAX EXEMPT STATUS AS A NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND, ACCORDINGLY FILES FEDERAL TAX FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX), ANNUALLY. THE ACADEMY HAS FROM TIME TO TIME REPORTED UNRELATED BUSINESS INCOME FROM INVESTMENTS HELD IN THE ENDOWMENT FUND, WHEN UNRELATED BUSINESS INCOME HAS BEEN REPORTED BY THE INVESTMENT MANAGER ON SCHEDULE K-1. THE STATUTE OF LIMITATIONS ON THE ACADEMY'S U.S. FEDERAL INFORMATIONAL RETURNS REMAINS OPEN FOR THREE YEARS FOLLOWING THE YEAR THEY ARE FILED. THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ISSUED ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE ACADEMY DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS LOSS ON DISPOSAL OF ASSET PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS LOSS ON DISPOSAL OF ASSETS PART III, LINE 1A: COLLECTIONS ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN NET ASSETS WITHOUT DONOR RESTRICTIONS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR NET ASSETS WITH DONOR RESTRICTIONS IF THE ASSETS USED TO PURCHASE THE ITEMS ARE RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED ON THE FINANCIAL STATEMENTS. THE ACADEMY'S COLLECTIONS ARE MADE UP OF LIBRARY HOLDINGS, SCIENTIFIC SPECIMENS, MINERALS, GEMS, EXHIBITS, AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PART III, LINE 4: THE ACADEMY'S COLLECTIONS OF MORE THAN 19 MILLION CATALOGED NATURAL HISTORY SPECIMENS AND ARTIFACTS ARE COLLECTIVELY AMONG THE 10 LARGEST IN THE UNITED STATES. THROUGH ITS THREE MAIN COMPONENTS - RESEARCH, EDUCATION AND MUSEUM, THE ACADEMY WORKS TO SHARE ITS SCIENTIFIC KNOWLEDGE GAINED FROM THE COLLECTIONS AND OTHER ORGANIZATIONS, GOVERNMENTS, BUSINESSES, AND INDIVIDUALS TO INSPIRE STEWARDSHIP IN THE ENVIRONMENT AND TO PROMOTE AND ENCOURAGE CONTINUED INVESTMENT IN THE NATURAL SCIENCES. PART V, LINE 4: THE ENDOWMENT FUNDS WERE ESTABLISHED TO SUPPORT SCIENTIFIC COLLECTIONS AND RESEARCH, EDUCATION, PUBLICATIONS, THE LIBRARY, DEPARTMENTAL CHAIRS AND POSITIONS, AND THE OVERALL OPERATION OF THE ACADEMY OF NATURAL SCIENCES. 1 EUROPE - INCLUDING ICELAND AND GREENLAND 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 25667 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 9889 EUROPE - INCLUDING ICELAND AND GREENLAND 0 0 PROGRAM SERVICES TRAVEL/CONFERENCES 5885 SOUTH AMERICA 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 1510 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 84 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 3686 CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES TRAVEL/CONFERENCES 3500 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, 0 0 PROGRAM SERVICES RESEARCH/COLLECTING 214559 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 78160 NORTH AMERICA 0 0 PROGRAM SERVICES TRAVEL/CONFERENCES 20650 SOUTH AMERICA 0 0 PROGRAM SERVICES TRAVEL/CONFERENCES 4192 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 19920 0 0 0 0 0 0 264780 122922 387702 NORTH AMERICA RESEARCH 78160 WIRE 0 0 1 1 0 1 0 1 0 PART I, LINE 2: THE EXPENDITURES INCURRED IN ACTIVITIES OUTSIDE THE UNITED STATES ARE TRACKED ON EXPENSE REPORTS SUBMITTED BY THE SCIENTISTS AND EMPLOYEES. THE EXPENSE REPORTS DOCUMENT THE ACTUAL EXPENDITURES AND DISBURSEMENTS MADE WITHIN THE FOREIGN LOCATION. PART I, LINE 3: THE ACCRUAL ACCOUNTING METHOD IS USED TO ACCOUNT FOR THE EXPENSES. 1 COMMONWEALTH UNIVERSITY 400 E SECOND ST BLOOMSBURG PA 17815 232738930 501(C)(3) 27527 0 RESEARCH ENVIROSCIENCE INC 1100 ATHENS AVE SUITE F RICHMOND VA 23227 341603505 FOR-PROFIT 45868 0 RESEARCH FRIENDS OF THE UPPER DELAWARE RIVER 158 E FRONT ST HANCOCK NY 13783 200337027 501(C)(3) 28433 0 RESEARCH GROWING GREAT 2711 N SEPULVEDA BLVD MANHATTAN BEACH CA 90266 562565503 501(C)(3) 66776 0 RESEARCH DELAWARE RIVER BASIN COMMISSION 25 COSEY ROAD PO BOX 7360 WEST TRENTON NJ 08628 231605892 115 10000 0 RESERACH TEMPLE UNIVERSITY 1805 N BROAD ST WACHMAN HALL 1108 PHILADELPHIA PA 19122 231365971 501(C)(3) 84004 0 RESEARCH THE COMMONS 1875 CONNECTICUT AVE NW FL 10 WASHINGTON DC 20009 812531881 501(C)(3) 90023 0 RESEARCH IUP RESEARCH INSTITUTE 1179 GRANT ST STE 1 INDIANA PA 15701 571175778 501(C)(3) 41531 0 RESEARCH MANTUA CIVIC ASSOCIATION 609 N 33RD ST PHILADELPHIA PA 19104 461487152 501(C)(3) 60000 0 RESEARCH RESEARCH FOR ACTION 100 S BROAD STREET SUITE 700 PHILADELPHIA PA 19110 232710950 501(C)(3) 41524 0 RESEARCH 9 1 AWARDS 59 12641 PART I, LINE 2: THE PRINCIPAL INVESTIGATOR HAVING RESPONSIBILITY FOR THE GRANT MONITORS SUBCONTRACTOR PERFORMANCE BASED ON THE PROGRAM'S TASKS AND GOALS. THE PRINCIPAL INVESTIGATOR REVIEWS THE PERFORMANCE BEFORE AUTHORIZING THE SUBCONTRACTOR'S INVOICE FOR PAYMENT. X X X X 0 1 0 0 0 0 0 0 0 JOHN A FRY BOARD TRUSTEE 0 931226 0 1000000 0 762892 0 36300 0 15350 0 2745768 0 0 SCOTT COOPER PHD PRESIDENT AND CEO 424863 0 0 0 0 0 83814 0 18854 0 527531 0 0 0 SHARON L WALKER PHD F AEESP FAA BOARD TRUSTEE 0 471287 0 0 0 0 0 29700 0 18854 0 519841 0 0 LISA M MILLER VP, CFO/COO 226942 0 0 0 0 0 50001 0 689 0 277632 0 0 0 DAVID VELINSKY FORMER KEY EMPLOYEE 0 190740 0 0 0 0 0 21715 0 18375 0 230830 0 0 MAURICE BAYNARD VP, COMMUNITY LEARNING 170992 0 0 0 0 0 12198 0 13344 0 196534 0 0 0 MARINA MCDOUGALL VP, EXPERIENCE & ENGAGEMENT 163588 0 0 0 0 0 19635 0 9397 0 192620 0 0 0 KIMBERLY REYNOLDS VP, CHIEF ADVANCEMENT OFFICER 0 160191 0 0 0 0 0 14301 0 377 0 174869 0 0 MEGHAN BUCCI EXEC DIRECTOR, FINANCE & ADMIN 132441 0 0 0 16150 0 10770 0 6805 0 166166 0 0 0 JACQUELINE GENOVESI EXEC DIRECTOR, CENTER FOR STEAM 149070 0 0 0 0 0 16296 0 443 0 165809 0 0 0 ROLAND WALL DIRECTOR, PATRICK CENTER 129566 1500 0 0 0 0 14603 0 14314 0 158483 1500 0 0 PEDRO RAPOSO EXEC DIR, LIBRARY & ARCHIVES 131193 0 0 0 0 0 6766 0 14064 0 152023 0 0 0 PART I, LINE 4B DREXEL UNIVERSITY, A RELATED ORGANIZATION, PAID MR. FRY'S DEFERRED COMPENSATION OF $170,386, WHICH BEGAN EFFECTIVE JULY 31, 2021. MR. FRY HAD BEEN CREDITED $25,000 PER MONTH, BEGINNING JANUARY 31, 2023, THROUGH JUNE 30, 2023, PROVIDED MR. FRY IS EMPLOYED BY THE UNIVERSITY ON THE LAST DAY OF THE MONTH. IN ADDITION, THE DEFERRED COMPENSATION WAS CREDITED WITH INTEREST EARNED MONTHLY. MR. FRY WAS VESTED IN THE MONTHLY CREDITS AND EARNINGS IN THE DEFERRED COMPENSATION ARRANGEMENT FROM JANUARY 31, 2023, THROUGH JUNE 30, 2023. SCHEDULE J, PART II DREXEL UNIVERSITY, A RELATED ORGANIZATION, PROVIDES SCOTT COOPER, AND LISA MILLER WITH DEFERRED COMPENSATION ARRANGEMENTS. THE UNIVERSITY WILL CREDIT MR. COOPER WITH $50,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF HE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MR. COOPER WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MR. COOPER RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. THE UNIVERSITY WILL CREDIT MS. MILLER WITH $25,000 EACH JULY 1, BEGINNING WITH JULY 1, 2021, AND ENDING JULY 1, 2024, IF SHE REMAINS EMPLOYED WITH THE UNIVERSITY. THE ACCOUNT WILL BE CREDITED ANNUALLY WITH INTEREST. MS. MILLER WILL BECOME FULLY VESTED IN THE BALANCE OF THE ACCOUNT UPON THE EARLIEST OF THE FOLLOWING: (I) JULY 1, 2024, (II) INVOLUNTARY TERMINATION BY THE UNIVERSITY FOR ANY REASON OTHER THAN CAUSE, (III) DEATH, OR (IV) TERMINATION DUE TO TOTAL AND PERMANENT DISABILITY. IF MS. MILLER RESIGNS OR IS TERMINATED BY THE UNIVERSITY FOR CAUSE BEFORE THE ACCOUNT IS VESTED, THE ENTIRE ACCOUNT WILL BE FORFEITED. X 2 0 PART II EXPLANATION X 11 1054169 SELLING PRICE X 1 0 PART II EXPLANATION X BIRDERS WEEK REFRESHMENTS 1 516 MARKET VALUE 1 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B), NOT THE NUMBER OF ITEMS. PART I, LINE 33: THE ORGANIZATION DOES NOT RECOGNIZE REVENUE FOR CONTRIBUTIONS OR DONATIONS TO THE COLLECTIONS PURSUANT TO ASC 958-605-25-19. THE ORGANIZATION ALSO DOES NOT RECOGNIZE REVENUE FOR NONCASH CONTRIBUTIONS OR ASSETS WITH UNCERTAIN OR NO VALUE. FORM 990, PART V, LINE 7G: NOT APPLICABLE. FORM 990, PART V, LINE 7H: NOT APPLICABLE. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THE ACADEMY CONSISTS OF ONE VOTING MEMBER WHICH IS DREXEL UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A DREXEL UNIVERSITY IS THE SOLE VOTING MEMBER AND HAS THE AUTHORITY TO APPOINT OR REMOVE AN ACADEMY TRUSTEE. FORM 990, PART VI, SECTION A, LINE 7B TO THE FULLEST EXTENT PERMITTED UNDER THE PENNSYLVANIA NON-PROFIT CORPORATION LAW OF 1988, AS AMENDED, CERTAIN CORPORATE ACTIONS REQUIRE THE APPROVAL OF THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 IS PREPARED INTERNALLY AND REVIEWED BY THE ACADEMY'S FINANCE COMMITTEE. ACTING ON BEHALF OF THE BOARD, THE FINANCE COMMITTEE WILL APPROVE THE FINAL VERSION AND DIRECT THE RETURN TO BE FILED. A COPY OF THE FINAL VERSION IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING AND POSTED ON THE WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA ("ACADEMY") IMPLEMENTS THE CONFLICT OF INTEREST AND COMMITMENT PROTOCOLS POLICY OF ITS PARENT, DREXEL UNIVERSITY. THE POLICY APPLIES TO ALL EMPLOYEES, OFFICERS, AND TRUSTEES OF THE ACADEMY/UNIVERSITY. THE POLICY IS INTENDED TO SATISFY COMPLIANCE REQUIREMENTS AND GUIDE ACADEMY/UNIVERSITY EMPLOYEES IN AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT. THE KEY TO AVOIDING THOSE SITUATIONS THAT CAN RESULT IN AN ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST OR COMMITMENT IS TO MAKE EMPLOYEES AWARE OF WHAT CONSTITUTES A CONFLICT AND FOR THEM TO DISCLOSE POTENTIAL SITUATIONS BEFORE THE ACTIVITY IS UNDERTAKEN. IN THE CASE OF EMPLOYEES AND OFFICERS, EACH EMPLOYEE AND OFFICER IS REQUIRED TO COMPLETE A DISCLOSURE QUESTIONNAIRE DURING THE ANNUAL COMPLIANCE PERIOD. EMPLOYEE CONFLICT OF INTEREST AND COMMITMENT DISCLOSURE QUESTIONNAIRES ARE MANAGED THROUGH THE HUMAN RESOURCES DEPARTMENT'S ELECTRONIC SYSTEM, AS REQUIRED BY THE VICE PRESIDENT AND CHIEF COMPLIANCE AND PRIVACY OFFICER. COMPLETED CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRES ARE ROUTED TO THE EMPLOYEE'S SENIOR LEADER FOR RESOLUTION AND ONGOING MANAGEMENT. AFTER THE SENIOR LEADER'S REVIEW, A DETERMINATION IS MADE AS TO WHETHER A CONFLICT OF INTEREST EXISTS AND AT WHAT LEVEL. CONFLICTS THAT ARE DETERMINED TO BE A VIOLATION OF UNIVERSITY POLICY ARE DISCUSSED WITH THE EMPLOYEE AND THE EMPLOYEE IS ADVISED TO TERMINATE THE ACTIVITY. EMPLOYEES WHO WILLINGLY OR OTHERWISE CONTINUE TO VIOLATE THE CONFLICT OF INTEREST AND COMMITMENT POLICY ARE SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING TERMINATION OF EMPLOYMENT. IN THE CASE OF TRUSTEES, A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE IS MAILED TO EACH TRUSTEE ANNUALLY. TRUSTEES ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE AND DISCLOSE ANY INTERESTS IN ANY CORPORATION, PARTNERSHIP, OR OTHER ORGANIZATION IN WHICH THEY OWN OR CONTROL 5% OR MORE OF THE ENTITY. TRUSTEES WITH A CONFLICT OF INTEREST ON A GIVEN MATTER MUST RECUSE THEMSELVES FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS PERTAINING TO THAT MATTER. COMPLETED TRUSTEE CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRES ARE SUBMITTED DIRECTLY TO THE OFFICE OF THE GENERAL COUNSEL FOR REVIEW AND RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 ACADEMY CEO COMPENSATION IS DETERMINED BY THE ACADEMY BOARD CHAIR AND DREXEL UNIVERSITY PRESIDENT, IN CONSULTATION WITH THE UNIVERSITY'S HUMAN RESOURCES DEPARTMENT, USING DATA ON THE COMPENSATION OF OTHER NON-PROFIT CEOS IN THE REGION TO RECOMMEND AN APPROPRIATE SALARY RANGE. USING THE EXECUTIVE COMPENSATION ANALYSIS, A THIRD-PARTY ADVISOR PREPARED A REPORT AND SUBMITTED THE REPORT TO THE UNIVERSITY'S EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE "COMMITTEE") ALONG WITH CERTAIN PERFORMANCE CRITERIA. THE THIRD-PARTY ADVISOR PROVIDED THE COMMITTEE WITH A LETTER ON THE APPROPRIATENESS OF THE DECISION-MAKING PROCESS AND REASONABLENESS OF THE PROPOSED COMPENSATION. ALL EXECUTIVE COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE ACADEMY'S AND THE UNIVERSITY'S EXECUTIVE COMPENSATION COMMITTEE PRIOR TO BECOMING EFFECTIVE. COMPENSATION SPECIALIST(S) REVIEWED ALL POSITIONS AT THE ACADEMY AND RECOMMENDED A COMPENSATION STRUCTURE BASED ON JOB CLASS, INDUSTRY SECTOR, AND GEOGRAPHIC REGION. INDIVIDUAL COMPENSATION LEVELS ARE ESTABLISHED WITHIN THE RANGE FOR THE GIVEN POSITION BASED ON THE EXPERIENCE AND YEARS OF SERVICE. FORM 990, PART VI, SECTION C, LINE 19 THROUGH THE ACADEMY'S PUBLIC WEBSITE THE PUBLIC MAY REQUEST AND PRINT THE ACADEMY'S BY-LAWS, ARTICLES OF INCORPORATION, FORM 990, CODE OF ETHICS AND CONDUCT AND THE CURRENT AUDIT FINANCIAL STATEMENTS. THE ACADEMY WILL ALSO RESPOND TO WRITTEN REQUESTS AS WELL AS PHONE REQUESTS FOR INFORMATION FOR THOSE WITHOUT COMPUTER ACCESS. THE ACADEMY'S 990 ALSO APPEARS ON INDEPENDENT NON-PROFIT WEBSITES LIKE GUIDESTAR AND CHARITY NAVIGATOR. FORM 990, PART XI, LINE 9: PENSION ACTUARIAL ADJUSTMENT 569,718. HEALTH INSURANCE RECOVERY 80,902. FORM 990, PART XII, LINE 2C: THE ACADEMY'S FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS FOR THE ACADEMY OF NATURAL SCIENCES. THE TASK OF SELECTING THE INDEPENDENT AUDITOR AND APPROVING THE AUDIT PLAN, FOR THE UNIVERSITY AND ITS SUBSIDIARIES, IS THE RESPONSIBILITY OF DREXEL UNIVERSITY'S AUDIT COMMITTEE. DREXEL UNIVERSITY 3201 ARCH STREET SUITE 400 PHILADELPHIA PA 19104 231352630 EDUCATIONAL INSTITUTION PA 501(C)3 2 N/A 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 1 1 0 0 0