Totals
- Total revenue
- $480,940
- Total expenses
- $742,319
- Contributions and grants received
- $236,764
- Grants paid
- $0
- Program service revenue
- $244,861
- Investment income
- $0
- Other revenue
- -$685
- Total assets, end of year
- $519,841
- Total liabilities, end of year
- $13,000
- Net assets or fund balances, end of year
- $506,841
- Program services expenses (Part IX)
- $617,542
- Management and general expenses
- $68,731
- Fundraising expenses
- $56,046
- Program service expenses (Part III)
- $617,542
Program services were 83.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$15,383
-
1f · All other contributions, gifts and grants
$221,381
-
2a · Program service revenue: EDUCATION PROGRAMS
total $165,970 · related or exempt $165,970
-
2b · Program service revenue: MEMBERSHIP DUES
total $78,891 · related or exempt $78,891
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$5,419
-
8a · Fundraising events: contributions included on line 1c
$15,383
-
8b · Fundraising events: direct expenses
$6,104
-
8c · Net income from fundraising events
total -$685
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $81,575 · program services $66,892 · management and general $7,341 · fundraising $7,342
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $447,751 · program services $366,573 · management and general $41,357 · fundraising $39,821
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $13,475 · program services $11,035 · management and general $1,240 · fundraising $1,200
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $24,922 · program services $15,509 · management and general $9,413
-
12 · Advertising and promotion
total $2,630 · program services $2,154 · management and general $242 · fundraising $234
-
13 · Office expenses
total $19,187 · program services $15,733 · management and general $1,919 · fundraising $1,535
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $64,011 · program services $52,489 · management and general $6,401 · fundraising $5,121
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $17,446 · program services $17,446
-
23 · Insurance
total $8,893 · program services $7,282 · management and general $818 · fundraising $793
-
24a · Other expenses: EDUCATIONAL PROGRAM EXPENSES
total $36,001 · program services $36,001
-
24b · Other expenses: LAB SUPPLIES
total $22,756 · program services $22,756
-
24c · Other expenses: EVENT EXPENSES
total $3,672 · program services $3,672
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $341,028 · end of year $236,735
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
beginning of year $397,367 · end of year $201,414
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$87,231
-
10b · Land, buildings and equipment: accumulated depreciation
$23,126
-
10c · Land, buildings and equipment, net
beginning of year $81,551 · end of year $64,105
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $5,006
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $12,000 · end of year $12,581
-
17 · Accounts payable and accrued expenses
beginning of year $13,726 · end of year $13,000
-
18 · Grants payable
beginning of year $50,000
-
27 · Net assets without donor restrictions
beginning of year $346,524 · end of year $316,141
-
28 · Net assets with donor restrictions
beginning of year $421,696 · end of year $190,700
Mission and programs · 2023
Mission
Genspace's mission is to foster a safe and inclusive community where all people including those from non-traditional and underrepresented backgrounds can experientially learn, boldly create, and meaningfully grow with the life sciences. We envision a world where everyone is empowered to use the life sciences to explore questions and develop applications that are connected to their lives and rooted in their communities.
-
We employ a range of informal education strategies to teach youth and adults the fundamental lab skills and scientific concepts they need to participate in the life sciences. Our programming prioritizes hands-on, collaborative, active learning based in biology education research best practices. We emphasize Interdisciplinary practice and the social and cultural context of scientific research and discovery. Genspsaces core education and engagement programs include: - A regular schedule of short courses and workshops on cutting edge topics from biomaterials and sustainable design to bioinformatics and gene editing with CRISPR - A membership program in which individuals, teams, and university scholars pursue novel research, art, or design projects in our open-access biology laboratory - A six month intensive synthetic biology internship for underserved youth and youth from underrepresented backgrounds in NYC- A rotating roster of free, public events for students, families, and adult learners
Expenses $617,542
As filed on the 2023 return.
Listed in Part VII
-
ELIZABETH TUCK
Executive Dir.
- Total calculated
- $56,572
- From this org
- $56,572
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
MEREDITH BECKFORD-SMART
Executive Dir.
- Total calculated
- $25,003
- From this org
- $25,003
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
ISSA FAKHOURY
Director
- Total calculated
- $0
- Hours/week
- 1
-
KARL SCHMIEDER
Director
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN SCHOFFER
Director
- Total calculated
- $0
- Hours/week
- 1
-
TODD ANDERMAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
NEDA AFSARMANESH
Director
- Total calculated
- $0
- Hours/week
- 1
-
ANGELA ARMENDARIZ
Director
- Total calculated
- $0
- Hours/week
- 1
-
CLAIR PURCELL
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433189349306053
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.