New York Academy Of Sciences
- Assets
- $16.3m
- Revenue
- $18.7m
- Investments
- $0.0
- Employees
- 77
- Location
- New York, NY
- Founding
- 03/1936
- Data as of
- 06/2021
- EIN
- 13-1773640
Organization Overview
New York Academy Of Sciences is located in New York, NY. The organization was established in 1936. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. As of 06/2022, New York Academy Of Sciences employed 77 individuals. This organization is the central organization for a national or regional group of organizations. New York Academy Of Sciences is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, New York Academy Of Sciences generated $18.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $19.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, New York Academy Of Sciences has awarded 30 individual grants totaling $1,725,115. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE SCIENTIFIC KNOWLEDGE AND TO INCREASE THE NUMBER OF SCIENTIFICALLY INFORMED INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP (SEE SCHEDULE O)FORM 990, PART III - PROGRAM SERVICE, LINES 4A, 4B, AND 4CFOR OVER 200 YEARS, THE NEW YORK ACADEMY OF SCIENCES (THE "ACADEMY") HAS BROUGHT TOGETHER EXTRAORDINARY PEOPLE WORKING AT THE FRONTIERS OF DISCOVERY AND PROMOTED VITAL LINKS BETWEEN SCIENCE AND SOCIETY. THE ACADEMY HAS A THREE-PRONGED MISSION: TO ADVANCE SCIENTIFIC RESEARCH AND KNOWLEDGE; TO HELP RESOLVE THE MAJOR GLOBAL CHALLENGES FACING SOCIETY WITH SCIENCE-BASED SOLUTIONS; AND TO INCREASE THE NUMBER OF SCIENTIFICALLY INFORMED INDIVIDUALS. THE ACADEMY OFFERS AN ARRAY OF PROGRAMMING: DYNAMIC CONFERENCES AND SYMPOSIA ON BASIC AND APPLIED RESEARCH IN CUTTING-EDGE INTERDISCIPLINARY FIELDS AND ON THE BROADER ROLES OF SCIENCE TECHNOLOGY, AND CULTURE IN SOCIETY; CAREER DEVELOPMENT AND TRAINING FOR GRADUATE STUDENTS AND POSTDOCTORAL FELLOWS IN THE SCIENCES; LIVE PUBLIC EVENTS THAT BRING SCIENTISTS TOGETHER WITH ARTISTS, WRITERS, AND OTHER CULTURAL EXPERTS TO PRESENT EMERGING RESEARCH; A GLOBAL PUBLIC-PRIVATE HUMANITARIAN PARTNERSHIP TO BRING SCIENCE-BASED SOLUTIONS TO QUALITY-OF-LIFE ISSUES IN THE DEVELOPING WORLD; AN ADVISORY PROGRAM IN INNOVATION AND ECONOMIC DEVELOPMENT FOR MUNICIPAL, STATE, AND FOREIGN GOVERNMENTS; AND A SCIENCE EDUCATION INITIATIVE THAT INCLUDES TEACHER TRAINING AND AFTER SCHOOL MENTORING FOR LOW-INCOME MIDDLE-SCHOOL STUDENTS.
PUBLICATIONS (SEE SCHEDULE O)
SCIENTIFIC CONFERENCES (SEE SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Dirks President & CEO | OfficerTrustee | 35 | $648,178 |
Giancarlo Bonagura Evp And COO | Officer | 35 | $293,489 |
Robin Stephenson Svp, Advancement | 35 | $275,286 | |
Brooke Urquhart Grindlinger Cso, Life Sciences | 35 | $225,706 | |
Paul Mikov Svp, Global Partnerships | 35 | $209,807 | |
Douglas Braaten Cso, Publications | 35 | $205,351 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ruby Stone Productions Event Planner | 6/29/22 | $1,988,486 |
Clarke & Esposito Llc Marketing Consultant | 6/29/22 | $218,240 |
Hillknowlton Strategies Llc Marketing Consultant | 6/29/22 | $152,191 |
Roger Torda Communications | 6/29/22 | $124,999 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,853,230 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,704,605 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,557,835 |
| Total Program Service Revenue | $3,153,648 |
| Investment income | $1,649 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $6,058 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,722,535 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $37,500 |
| Grants and other assistance to domestic individuals. | $902,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $824,306 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,101,249 |
| Compensation of current officers, directors, key employees. | $243,688 |
| Compensation to disqualified persons | $30,000 |
| Other salaries and wages | $6,623,680 |
| Pension plan accruals and contributions | $292,886 |
| Other employee benefits | $837,381 |
| Payroll taxes | $489,105 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $130,161 |
| Fees for services: Accounting | $70,144 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,721,196 |
| Advertising and promotion | $0 |
| Office expenses | $296,573 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,775,532 |
| Travel | $37,141 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,903 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $822,312 |
| Insurance | $108,406 |
| All other expenses | $104,000 |
| Total functional expenses | $19,756,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,105,370 |
| Savings and temporary cash investments | $6,080,452 |
| Pledges and grants receivable | $7,605,041 |
| Accounts receivable, net | $456,196 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $216,145 |
| Net Land, buildings, and equipment | $26,602 |
| Investments—publicly traded securities | $97,795 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $762,195 |
| Total assets | $16,349,796 |
| Accounts payable and accrued expenses | $5,061,166 |
| Grants payable | $0 |
| Deferred revenue | $726,087 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,787,767 |
| Other liabilities | $340,109 |
| Total liabilities | $7,915,129 |
| Net assets without donor restrictions | -$2,822,062 |
| Net assets with donor restrictions | $11,256,729 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,349,796 |
Grants Awarded
Over the last fiscal year, New York Academy Of Sciences has awarded $92,152 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: GENERAL | $31,076 |
THE UNIVERSITY OF TEXAS AT AUSTIN PURPOSE: GENERAL | $31,076 |
New York, NY PURPOSE: GENERAL | $15,000 |
New York, NY PURPOSE: GENERAL | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that New York Academy Of Sciences has recieved totaling $5,656,181.
| Awarding Organization | Amount |
|---|---|
Blavatnik Family Foundation 2020 New York, NY PURPOSE: SUPPORT FOR SCIENTIFIC RESEARCH AND KNOWLEDGE | $5,200,917 |
Alfred P Sloan Foundation New York, NY PURPOSE: TO EXPAND THE DEVELOPING PILOT PROGRAM, SCIENCE ALLIANCE LEADERSHIP TRAINING (SALT), TO TRAIN 90 DIVERSE, ADVANCED DOCTORAL STUDENTS TO LEAD INSTITUTIONAL CHANGE THROUGH ACQUISITION OF STRONG ENTREPRENEURIAL, INTERPERSONAL, AND TECHNICAL SKILLS | $125,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $100,990 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $100,990 |
The Aspen Institute Inc Washington, DC PURPOSE: STEVENS INITIATIVE CULTURAL EXCHANGE | $67,899 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $32,885 |
Endowment Analysis
| Beg. Balance | $789,334 |
| Ending Balance | $789,334 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Academy Of Sciences New York, NY | $16,349,796 | $18,722,535 |
American Meteorological Society Boston, MA | $23,955,564 | $17,020,268 |
Illuminating Engineering Society New York, NY | $18,835,076 | $5,095,869 |
Minerals Metals & Materials Society Inc Pittsburgh, PA | $11,544,301 | $7,904,003 |
Acoustical Society Of America Melville, NY | $27,852,210 | $5,622,240 |
Electrochemical Society Inc Pennington, NJ | $20,353,455 | $3,651,549 |
Explorers Club New York, NY | $15,490,739 | $4,443,470 |
Igem Foundation Inc Cambridge, MA | $4,229,953 | $5,084,700 |
Society Of Cosmetic Chemists New York, NY | $2,038,387 | $1,831,767 |
Guild Of Future Architects Foundation West Th Street, NY | $810,502 | $1,697,027 |
Prpl Foundation Inc Wakefield, MA | $4,671,273 | $795,026 |
Research And Development Council Of New Jersey Inc Chatham, NJ | $403,134 | $1,265,540 |