United States Space Foundation
- Assets
- $16.5m
- Revenue
- $7.4m
- Investments
- $0.0
- Employees
- 81
- Location
- Colorado Springs, CO
- Founding
- 07/1999
- Data as of
- 06/2021
- EIN
- 31-1653556
Organization Overview
United States Space Foundation, operating under the name Space Foundation, is located in Colorado Springs, CO. The organization was established in 1999. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Space Foundation employed 81 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Space Foundation 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, Space Foundation generated $7.4m 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 (3.4%) each year. All expenses for the organization totaled $9.2m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A GATEWAY TO EDUCATION, INFORMATION AND COLLOBORATION FOR SPACE EXPLORATION AND SPACE-INSPIRED INDUSTRIES THAT DEFINE THE GLOBAL SPACE ECOSYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT SPACE PROFESSIONAL EVENTS AND ON-LINE PROGRAMMING. PRODUCE SPACE INDUSTRY INFORMATION PRODUCTS.
SPACE AND SCIENCE RELATED PRE-K-12 EDUCATION OUTREACH, TEACHER TRAINING AND INFORMAL EDUCATION PROGRAMMING
SPACE RELATED PUBLIC AWARENESS PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Zelibor CEO | OfficerTrustee | 40 | $325,989 |
Holly Roberts CFO | Officer | 40 | $248,117 |
Michelle Brunswick COO | Officer | 40 | $219,033 |
Thomas Dorame Svp-Symposium 365 | 40 | $189,606 | |
Steve Eishenhart Svp-Strategic & International | Officer | 40 | $188,050 |
Richard Cooper Vp-Strategic Communications Wa | 40 | $185,602 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $127 |
| Related organizations | $0 |
| Government grants | $1,828,541 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,295,825 |
| Noncash contributions included in lines 1a–1f | $21,171 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,124,493 |
| Total Program Service Revenue | $1,913,649 |
| Investment income | $179,122 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,999 |
| Net Gain/Loss on Asset Sales | $41,687 |
| Net Income from Fundraising Events | $5,676 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $95,673 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,378,299 |
| 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. | $1,231,779 |
| Compensation of current officers, directors, key employees. | $663,603 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,101,790 |
| Pension plan accruals and contributions | $40,624 |
| Other employee benefits | $524,646 |
| Payroll taxes | $271,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $55,975 |
| Fees for services: Accounting | $57,126 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $58,686 |
| Fees for services: Other | $1,149,991 |
| Advertising and promotion | $64,439 |
| Office expenses | $306,031 |
| Information technology | $18,763 |
| Royalties | $0 |
| Occupancy | $608,703 |
| Travel | $26,109 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,217 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $333,427 |
| Insurance | $84,642 |
| All other expenses | $9,950 |
| Total functional expenses | $9,161,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $618,190 |
| Savings and temporary cash investments | $393,671 |
| Pledges and grants receivable | $510,000 |
| Accounts receivable, net | $768,142 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $91,554 |
| Prepaid expenses and deferred charges | $789,939 |
| Net Land, buildings, and equipment | $3,596,948 |
| Investments—publicly traded securities | $7,872,143 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,904,405 |
| Total assets | $16,544,992 |
| Accounts payable and accrued expenses | $926,684 |
| Grants payable | $0 |
| Deferred revenue | $8,216,236 |
| 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 | $0 |
| Other liabilities | $1,105,642 |
| Total liabilities | $10,248,562 |
| Net assets without donor restrictions | $4,605,872 |
| Net assets with donor restrictions | $1,690,558 |
| 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 | $16,544,992 |
Grants Recieved
Over the last fiscal year, we have identified 24 grants that United States Space Foundation has recieved totaling $6,673,798.
| Awarding Organization | Amount |
|---|---|
El Pomar Foundation Colorado Springs, CO PURPOSE: DONATED BUILDING ADDITION | $6,498,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $71,267 |
L3harris Foundation Inc Melbourne, FL PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $31,300 |
El Pomar Foundation Colorado Springs, CO PURPOSE: 2021 SPACE SYMPOSIUM HALL OF FAME DINNER | $4,800 |
El Pomar Foundation Colorado Springs, CO PURPOSE: PENROSE HOUSE GIFT IN KIND | $4,070 |
Endowment Analysis
| Beg. Balance | $707,600 |
| Earnings | $116,657 |
| Admin Expense | $6,380 |
| Other Expense | $50,000 |
| Ending Balance | $767,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wgu Labs Salt Lake City, UT | $5,412,542 | $17,199,300 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Collective For Youth Omaha, NE | $16,344,773 | $14,408,697 |
Youth Entrepreneurs Inc Wichita, KS | $8,370,922 | $6,293,107 |
Lena Foundation Louisville, CO | $6,954,124 | $11,160,800 |
Starfall Education Foundation Boulder, CO | $23,360,929 | $7,522,820 |
Oklahoma Public School Resource Center Inc Oklahoma City, OK | $4,660,216 | $8,536,647 |
North Valley Christian Academy Phoenix, AZ | $21,880,412 | $8,715,772 |
Communities In Schools Of Mid-America Inc Lawrence, KS | $5,926,043 | $10,689,088 |