Cognition
- Assets
- $508.4k
- Revenue
- $374.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Beulah, MI
- Founding
- 09/2016
- Data as of
- 12/2021
- EIN
- 81-0906870
Organization Overview
Cognition is located in Beulah, MI. The organization was established in 2016. 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 12/2021, Cognition employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cognition 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 12/2021, Cognition generated $374.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $149.8k during the year ending 12/2021. While expenses have increased by 11.0% per year over the past 3 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE STRIVE TO FACILITATE LEARNING THROUGH TIME SPENT IN AWE AND WONDER, AND TO INSPIRE PEOPLE TO INVESTIGATE THE MANY FACETS OF THE WORLD AROUND THEM.
Describe the Organization's Program Activity:
OUR OVERARCHING VISION IS TO CREATE A SCIENCE PLAYGROUND THAT ENGAGES THE COMMUNITY AND LIFE-LONG LEARNERS
OUR OVERARCHING VISION IS TO CREATE A SCIENCE PLAYGROUND THAT ENGAGES THE COMMUNITY AND LIFE-LONG LEARNERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimmee Wenkel Executive Di | Trustee | 20 | $23,640 |
Aaron Harris Secretary | OfficerTrustee | $0 | |
Julie Williams President | OfficerTrustee | $0 | |
Carrie Wilhelm Vice Preside | OfficerTrustee | $0 | |
Rich Brauer Director | Trustee | $0 | |
Amy Martin Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $15,468 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $299,857 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $315,325 |
| Total Program Service Revenue | $59,156 |
| Investment income | $22 |
| 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 | $374,503 |
| 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 | $57,689 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,630 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,514 |
| Advertising and promotion | $13,170 |
| Office expenses | $30,031 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,317 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,789 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,540 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $149,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,087 |
| Savings and temporary cash investments | $85,803 |
| Pledges and grants receivable | $35,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,587 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $341,902 |
| Investments—publicly traded securities | $1,025 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $508,404 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $145,976 |
| Total liabilities | $145,976 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $362,428 |
| Total liabilities and net assets/fund balances | $508,404 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Cognition has recieved totaling $155,651.
| Awarding Organization | Amount |
|---|---|
Impact 100 Traverse City Inc Traverse City, MI PURPOSE: TO TRANSFORM A PART OF FACILITY INTO AN EARTH AND SPACE LAB, INCLUDING A PORTABLE PLANETARIUM | $110,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CULTURE | $20,100 |
Grand Traverse Regional Community Foundation Traverse City, MI PURPOSE: B:EDUCATION | $8,300 |
Seabury Foundation Chicago, IL PURPOSE: GENERAL OPERATING | $7,500 |
Broad Family Foundation Inc Traverse City, MI PURPOSE: CHARITABLE | $5,000 |
Charles Stewart Mott Foundation Flint, MI PURPOSE: FOR THE GENERAL PURPOSES OR OTHER CHARITABLE PURPOSES OF THE ORGANIZATION. | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Inventors Hall Of Fame Inc North Canton, OH | $44,107,247 | $39,073,824 |
Toledo Science Center Toledo, OH | $5,601,246 | $4,169,037 |
Wisconsin Agricultural Education Center Inc Manitowoc, WI | $11,673,876 | $384,322 |
Impression 5 Science Center Lansing, MI | $3,728,176 | $1,131,343 |
Wonderlab-Museum Of Science Health & Technology Inc Bloomington, IN | $4,147,404 | $968,426 |
Ohio Academy Of Science Dublin, OH | $1,206,586 | $1,431,773 |
Lake Erie Junior Nature & Science Center Bay Village, OH | $6,453,356 | $1,686,404 |
Aviation Heritage Foundation Inc Dayton, OH | $1,810,938 | $880,670 |
Model-T Automotive Heritage Complex Inc Detroit, MI | $2,459,654 | $509,835 |
Ispace Inc Evendale, OH | $1,021,347 | $594,899 |
Cognition Beulah, MI | $508,404 | $374,503 |
Iqhub St Johns, MI | $171,390 | $0 |