Ispace Inc

Organization Overview

Ispace Inc is located in Evendale, OH. The organization was established in 2001. According to its NTEE Classification (A57) the organization is classified as: Science & Technology Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Ispace Inc employed 48 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ispace 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 08/2021, Ispace Inc generated $594.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $327.0k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ISPACE IS A REGIONAL "LEARNING THROUGH DOING" ORGANIZATION SERVING GREATER CINCINNATI AND THE TRI-STATE REGION. WE OFFER AN ARRAY OF EDUCATIONAL PROGRAMS DESIGNED TO PROVIDE STUDENTS, EDUCATORS, AND FAMILIES WITH UNIQUE AND HIGHLY ENERGIZED STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS) PROGRAMS THAT ACCOMMODATE ALL AGES AND A WIDE RANGE OF LEARNING STYLES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUMMER CAMPS: A WIDE VARIETY OF WEEK-LONG CAMPS FOR CHILDREN IN GRADES K THROUGH 12, PROVIDING FUN, HANDS-ON STEM LEARNING EXPERIENCES IN A PROFESSIONALLY-STAFFED ENVIRONMENT, ALL WELL BEYOND THE CLASSROOM. CAMPS INVOLVE TECHNOLOGY, ROBOTICS, ENGINEERING, ENVIRONMENTAL SCIENCE, CHEMISTRY, EARTH/SPACE SCIENCES, PHYSICS, AND MORE.


CLASS PROGRAMS: A WIDE VARIETY OF PROGRAMS FOR CHILDREN, YOUTH, ADULTS, FAMILIES, SCOUTS, SCHOOLS, AND CORPORATIONS - HOSTED BY ISPACE OR THROUGH OUTREACH TO SCHOOLS AND COMMUNITIES. THESE ARE EXCITING, HANDS-ON STEM LEARNING EXPERIENCES DIRECTED BY PROFESSIONAL EDUCATORS. PROGRAMS INCLUDE STEM CONTENT (AND TEACHER TRAINING) COVERING VARIOUS SCIENCE CONCEPTS, IMISSIONS (IMMERSION INTO THE ROLE OF AN ASTRONAUT OR SPACE SCIENTIST), ROBOTICS, AND ROCKETRY. ALL PROGRAMS PROMOTE CRITICAL THINKING, TEAMWORK, AND CREATIVE PROBLEM-SOLVING.


NEW PROGRAMS: A PROJECT TO ENSURE ISPACE STAYS ON CUTTING EDGE OF STEM. NEW PROGRAM AND CAMP DEVELOPMENT ALONG WITH CURRENT PROGRAM ENHANCEMENTS THAT INCORPORATE BEST PRACTICES AND LATEST RESEARCH IN STEM EDUCATION.


ALL OTHER ACCOMPLISHMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Sue Hare
Executive Di
$41,073
Mark Cosimi
Vice Preside
$0
Brian Dershaw
President
$0
Doris Paul
Treasurer
$0
Michael Parthenakis
Secretary
$0
Amar Bhati
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$11,571
Related organizations$0
Government grants $71,900
All other contributions, gifts, grants, and similar amounts not included above$420,029
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$503,500
Total Program Service Revenue$131,781
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$34,617
Net Income from Fundraising Events -$5,765
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $594,899

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Ispace Inc has recieved totaling $160,824.

Awarding OrganizationAmount
Greater Cincinnati Foundation

Cincinnati, OH

PURPOSE: GENERAL PURPOSE

$25,250
Charles H Dater Foundation Inc

Cincinnati, OH

PURPOSE: MAKING MORE MATHLETES

$25,000
Hcs Foundation

Cleveland, OH

PURPOSE: TOWARD THE RENOVATION OF THE RECENTLY ACQUIRED BUILDING IN EVENDALE, OHIO

$25,000
Carol Ann And Ralph V Haile Jr Foundation

Cincinnati, OH

PURPOSE: CAPITAL CAMPAIGN FOR NEW SPACE

$25,000
Daniel And Susan Pfau Charitable Foundation

Pittsburgh, PA

PURPOSE: STEM FIELD TRIP PROG FOR

$20,000
Andrew Jergens Foundation

Cincinnati, OH

PURPOSE: TO SUPPORT THE MAKING

$15,000
View Grant Recipient Profile

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