Micro-Society Inc is located in Philadelphia, PA. The organization was established in 1991. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2023, Micro-Society Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Micro-Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Micro-Society Inc generated $725.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. While expenses have increased by 6.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REFINE AND FURTHER DEVELOP THE MICROSOCIETY PROGRAM, TO DESIGN EDUCATIONAL STRATEGIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL SERVICES IN 2023, MAJOR UPDATES WERE MADE TO OUR EXISTING CURRICULUM, INCLUDING REFRESHES OF OUR BUSINESS VENTURE GUIDEBOOKS AND DIGITAL VERSIONS OF KEY MICROADVENTURES LESSONS FOR INCLUSION IN MICROSOCIETY 2.0. NEW MATERIALS INTRODUCED THIS YEAR INCLUDE A TEACHER FACILITATOR MANUAL AND STOCK MARKET CURRICULUM. ALL CURRICULUM AND INSTRUCTIONAL RESOURCES ALIGN WITH STANDARDS AND CONNECT TO THE INCREASINGLY COMPLEX REAL WORLD OF THE MICROSOCIETY LEARNING ENVIRONMENT. TO MEET THE NEEDS OF STUDENTS AND EDUCATORS IN THIS EVER-CHANGING EDUCATIONAL LANDSCAPE, MSI CONTINUES DEVELOPING TWO DIGITAL TOOLS: 1) MICROSOCIETY? 2.0, A CUSTOMIZABLE WEB PORTAL THAT UTILIZES GOOGLE TECHNOLOGIES AND A DIGITAL FINANCIAL SYSTEM THAT USES CUSTOM SOFTWARE FOR PILOTING SCHOOLS TO TAKE THEIR MICROSOCIETIES ONLINE, ACCELERATE FINANCIAL LITERACY AND OTHER CAREER SKILLS DEVELOPMENT, AND EXPOSE STUDENTS TO 21ST- CENTURY DIGITAL CAREERS, AND 2) 4TH TERRA? , A 3D ONLINE SIMULATION "GAME AS SERVICE" TO SUPPORT SUBJECT MATTER INSTRUCTION, PARTICULARLY STEM, ALONG WITH CRITICAL THINKING, DECISION-MAKING AND COMMUNICATION SKILLS. IN PARTICULAR, THE SIMULATION FACILITATES STUDENTS' ABILITY TO THINK DEEPLY FROM MULTI-PERSPECTIVES WHICH IS ASSESSED THROUGH SIX METRICS. WITH THE SUPPORT OF AG STRATEGIC DESIGN, OUR DIGITAL PLATFORM UNDERWENT A SIGNIFICANT MAKEOVER TO REFLECT OUR NEW BRANDING. WE INTRODUCED MICROSOCIETY CAREER TOOLS, INCLUDING THE FUTUREFINDER ENGINE, WHICH ALLOWS STUDENTS TO EXPLORE CAREER POSSIBILITIES BASED ON THEIR INTERESTS. WE ALSO LAUNCHED PILOTS OF MICROSOCIETY 2.0 AND 4TH TERRA AT A MICROSOCIETY SCHOOL IN NEW JERSEY. MSI'S NEW HEART AND HEARTCORPS CURRICULA ARE BEING DISSEMINATED TO SITES AROUND THE COUNTRY. THIS CURRICULUM WAS CREATED IN RESPONSE TO THE PANDEMIC-ERA SOCIAL, EMOTIONAL, AND HEALTH NEEDS OF STUDENTS. IN ADDITION, MSI CREATED A NEW "FIRM FOUNDATION" SEQUENCE, CULMINATING IN A CITIZENSHIP CONTRACT, FOR THE START OF THE SCHOOL YEAR, AND WE ALSO ROLLED OUT A NEW "PLAN/ACT/REFLECT" FRAMEWORK TO BETTER SHAPE THE MICROTIME SCHEDULE AND PREPARED OUR CERTIFIED CONSULTANTS TO BRING IT TO SCHOOLS.
PROGRAM INITIATIVES AND RESEARCH EVALUATION ("R&E") THE PITTSBURGH EXPANSION PROJECT, SUPPORTED BY A GRANT FROM THE RICHARD KING MELLON FOUNDATION, LAID THE GROUNDWORK FOR ESTABLISHING A REGIONAL CENTER OF EXCELLENCE IN ALLEGHENY COUNTY, PENNSYLVANIA. THE ORGANIZATION IS PREPARING TO ADD NEW MICROSOCIETY SITES IN THE REGION WITH PENN HILLS CHARTER SCHOOL OF ENTREPRENEURSHIP AS A REGIONAL HUB. UNIVERSITY PARTNERSHIPS WITH CARNEGIE MELLON AND WEST LIBERTY UNIVERSITIES HAVE BEEN INSTRUMENTAL IN INTEGRATING CUTTING-EDGE PROGRAMMING TO PROVIDE STUDENTS WITH EXCITING NEW 21ST-CENTURY LEARNING OPPORTUNITIES, INCLUDING A VISUALIZING DATA PROJECT TO TEACH CHILDREN HOW TO WORK WITH REAL-WORLD DATA MINED FROM THEIR MICROSOCIETY EXPERIENCES. IN ITS COMMITMENT TO CONTINUOUS IMPROVEMENT, MSI UNDERTOOK A THIRD-PARTY EVALUATION OF MICROSOCIETY 2.0 AT PENN HILLS CHARTER SCHOOL OF ENTREPRENEURSHIP. THIS RIGOROUS ASSESSMENT WILL PROVIDE VALUABLE INSIGHTS THAT HELP US REFINE OUR APPROACHES AND MAXIMIZE OUR IMPACT ON STUDENTS AND COMMUNITIES.
CLIENT SERVICES AND OUTREACH MSI'S COMMITMENT TO NEW SCHOOL SUPPORTS SOARED WITH THE ROLLOUT OF VIRTUAL "MICROCHATS" FOR SCHOOL LEADERSHIP TEAMS AND COORDINATORS, "MICROFORUM," A PRIVATE GOOGLE CHAT SPACE WHERE MICROSOCIETY EDUCATORS CAN ASK QUESTIONS AND GET AND SHARE TIPS, AND DESIGNING A "MICROPORTAL" WEBSITE, A GO-TO PLACE FOR CURRICULUM AND CLASSROOM MATERIALS. THESE NEW COMMUNICATION TOOLS, ALONG WITH A NEW STUDENT YOUTUBE SERIES, WERE SHOWCASED DURING MSI'S SECOND VIRTUAL SEMINAR, LEVERAGING FRESH PERSPECTIVES AND INSIGHTS AND EXCHANGING IDEAS, BEST PRACTICES, AND SUCCESS STORIES, AND IN AN AUGUST GATHERING OF MSI'S FACULTY OF CERTIFIED CONSULTANTS. UPDATED CURRICULUM AND TRAINING MATERIALS RESULTED IN A REVISED TEACHER-TRAINING MODEL THAT ALIGNS WITH EDUCATIONAL ADVANCES AND EFFORTS OF THE RESEARCH AND DEVELOPMENT ("R&D") WORK OF MSI. THE TWO-DAY CONVENING SPARKED RENEWED COLLABORATION AND STRENGTHENED A COLLECTIVE VISION FOR FUTURE PROFESSIONAL SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carolynn King-Richmond Executive Di | OfficerTrustee | 40 | $95,000 |
Stephen K Mack Treasurer | OfficerTrustee | 2 | $0 |
Richard B Wickersham Jr President | OfficerTrustee | 2 | $0 |
Triana Olivas Member | Trustee | 2 | $0 |
Dr Sandi Willims Board Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $205,490 |
All other contributions, gifts, grants, and similar amounts not included above | $405,992 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $611,482 |
Total Program Service Revenue | $1,614 |
Investment income | $24 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $725,256 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $439,075 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $44,516 |
Payroll taxes | $40,238 |
Fees for services: Management | $0 |
Fees for services: Legal | $35,109 |
Fees for services: Accounting | $20,047 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $33,959 |
Advertising and promotion | $0 |
Office expenses | $90,741 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,600 |
Travel | $36,770 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $22,118 |
Interest | $16,176 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $10,707 |
All other expenses | $16,819 |
Total functional expenses | $1,044,237 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $123,229 |
Savings and temporary cash investments | $890 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $17,565 |
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 | $227 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $141,911 |
Accounts payable and accrued expenses | $96,167 |
Grants payable | $0 |
Deferred revenue | $10,763 |
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 | $220,838 |
Other liabilities | $0 |
Total liabilities | $327,768 |
Net assets without donor restrictions | -$287,729 |
Net assets with donor restrictions | $101,872 |
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 | $141,911 |