Overview
What is University City Science Center?
The University City Science Center, located at 3675 Market Street Suite 400 in Philadelphia, Pennsylvania (19104), is a dynamic nonprofit organization that functions as an innovation intermediary. It brings together startups, healthcare, and the community to foster progress, uplift local areas, and enhance lives. The Science Center's mission is to inspire inclusive growth in Greater Philadelphia and beyond. With a team of 89 dedicated employees, they power healthcare innovation and contribute to community development.
Official website here: www.sciencecenter.org
What are the reviews and ratings of this charity?
87% rating from Charity Navigator indicates that University City Science Center has received a Three-Star out of Four Star rating, highlighting its strong performance in accountability and finance. This rating reflects the organization's commitment to transparency and governance, as evidenced by its nearly perfect scores in various accountability components, including a fully independent board and a comprehensive conflict of interest policy.
The organization's strengths lie in its effective resource management and solid financial practices, with a low liabilities-to-assets ratio of 25.09%. Most of its board members are independent, and it has implemented robust policies for audit and oversight, which contribute to its overall accountability score. Additionally, the organization demonstrates a substantial commitment to its programs, allocating approximately 62.89% of its expenses towards program activities.
However, the program expense ratio could be improved, as it is slightly lower than ideal, suggesting that a portion of resources may be allocated elsewhere. The salaries of key personnel are notable, with the President & CEO earning $470,581, which raises questions about compensation relative to program spending. Overall, while the organization exhibits solid governance and accountability, there is room for improvement in its program expenditure efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is University City Science Center legitimate?
University City Science Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. University City Science Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,707,514
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,783,764
For more financial information, click here
Official website here: www.sciencecenter.org
What is the mission statement of University City Science Center?
The University City Science Center functions as an innovation intermediary, bridging the gap between startups, healthcare, and the community. Their objective is to inspire inclusive growth and make a positive impact on lives beyond Greater Philadelphia. Through their activities, they foster healthcare innovation, uplift communities, and contribute to advancing progress. The Science Center's mission is geared towards inspiring growth and betterment.
Official website here: www.sciencecenter.org
Who is the CEO of University City Science Center?
Tiffany Wilson is the CEO of University City Science Center The CEO's salary of University City Science Center is $495,021 and their total compensation is $555,795.
Official website here: www.sciencecenter.org
What is the revenue of University City Science Center?
University City Science Center's revenue in 2023 was $18,691,804.
Official website here: www.sciencecenter.org
Who are the executives of University City Science Center and what are their salaries?
The average compensation at University City Science Center during 2023 was $77,277. There are 84 employees and 258 volunteers at University City Science Center.
Here are 36 key members and their salaries (University City Science Center's CEO's salary is $495,021 and their total compensation is $555,795):
- Compensation: $495,021
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- Other: $60,774
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- Compensation: $232,779
- Related: $25,864
- Other: $41,861
- Compensation: $275,562
- Related: $60,490
- Other: $45,311
- Compensation: $376,065
- Related: $0
- Other: $69,765
- Compensation: $367,507
- Related: $0
- Other: $57,835
- Compensation: $127,684
- Related: $42,561
- Other: $40,139
- Compensation: $43,028
- Related: $301,191
- Other: $43,829
- Compensation: $140,286
- Related: $24,756
- Other: $39,296
- Compensation: $166,103
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- Other: $50,520
- Compensation: $195,707
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- Other: $43,626
- Compensation: $170,300
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- Other: $25,442
- Compensation: $110,585
- Related: $59,546
- Other: $41,103
Official website here: www.sciencecenter.org
Where can I find the form 990 for University City Science Center?
University City Science Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.sciencecenter.org
Learn more at the official website: www.sciencecenter.org
Mission Statement of University City Science Center
University City Science Center, a leading innovation intermediary, operates at the crossroads of startups, healthcare, and community. Dedicated to inspiring inclusive growth across Greater Philadelphia and beyond, this organization's mission is to power progress that advances healthcare innovation, uplifts communities, and improves lives.
Positioned as an essential bridge between emerging businesses and various sectors, the Science Center's activities are meticulously designed to inspire growth. It fosters a vibrant ecosystem that supports the development of innovative solutions, ultimately benefiting the wider community.
By working at the intersection of startups, healthcare, and community, University City Science Center plays a pivotal role in inspiring progress. Its mission is not limited to the realm of science and technology but extends to fostering an inclusive environment that uplifts communities and improves lives. This multifaceted approach empowers the organization to create lasting, positive change.
In a nutshell, the University City Science Center serves as a catalyst for progress, harnessing the power of innovation to address the challenges of today and tomorrow. Its commitment to collaboration and inclusivity sets the stage for a brighter future.
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Impact
October, 2024
University City Science Center plays a vital role in advancing healthcare innovation and fostering community development in Philadelphia and beyond. By serving as an innovation intermediary, it connects startups with essential resources, knowledge, and networks, creating an ecosystem that nurtures emerging technologies and innovative solutions in healthcare. Its efforts focus on inspiring inclusive growth, ensuring that the benefits of scientific advancements are accessible to diverse communities. The Science Center's initiatives not only contribute to a thriving landscape for research and development but also uplift local communities, improving overall quality of life through enhanced healthcare options and economic opportunities.
This information is meant to be a general summary of University City Science Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,326,926
- Program Service Revenue: $11,405,913
- Gross Receipts: $44,036,089
Assets and Liabilities:
- Total Assets: $129,314,989
- Total Liabilities: $32,448,702
- Net Assets: $96,866,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income From Exe
Revenue
$8,770,314
Equity in Joint Ventur
Revenue
$1,904,493
Business & Community N
Revenue
$731,106
Organization Details
Founding Year
1963
Principal Officer
Tiffany Wilson
Website
www.sciencecenter.orgNTEE Category
Code: U050 - Science research
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