Totals
- Total revenue
- $35,741,456
- Total expenses
- $30,905,602
- Contributions and grants received
- $15,069,650
- Grants paid
- $113,750
- Program service revenue
- $15,054,341
- Investment income
- $1,578,654
- Other revenue
- $4,038,811
- Total assets, end of year
- $151,286,127
- Total liabilities, end of year
- $20,814,032
- Net assets or fund balances, end of year
- $130,472,095
- Program services expenses (Part IX)
- $23,852,917
- Management and general expenses
- $5,032,820
- Fundraising expenses
- $2,019,865
- Program service expenses (Part III)
- $23,852,917
Program services were 77.2% 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.
-
1b · Membership dues
$2,454,385
-
1c · Fundraising events
$2,932,823
-
1e · Government grants (contributions)
$3,781,995
-
1f · All other contributions, gifts and grants
$5,900,447
-
1g · Noncash contributions included above
$427,715
-
2a · Program service revenue: ADMISSIONS
total $11,885,805 · related or exempt $11,885,805
-
2b · Program service revenue: MUSEUM PROGRAMS
total $1,377,458 · related or exempt $1,377,458
-
2c · Program service revenue: SCHOOL CONTRACT
total $1,350,000 · related or exempt $1,350,000
-
2d · Program service revenue: MEMBERSHIP DUES
total $441,078 · related or exempt $441,078
-
3 · Investment income
total $1,485,966 · excluded $1,485,966
-
6a · Gross rents
real property $2,386,512
-
6b · Less rental expenses
real property $326,945
-
6c · Rental income or loss
real property $2,059,567
-
6d · Net rental income or loss
total $2,059,567 · unrelated business $225,353 · excluded $1,834,214
-
7a · Gross sales of assets other than inventory
securities $192,460
-
7b · Less cost or other basis and sales expenses
securities $99,772
-
7c · Gain or loss
securities $92,688
-
7d · Net gain or loss
total $92,688 · excluded $92,688
-
8a · Fundraising events: gross income
$99,000
-
8a · Fundraising events: contributions included on line 1c
$2,932,823
-
8b · Fundraising events: direct expenses
$579,243
-
8c · Net income from fundraising events
total -$480,243 · excluded -$480,243
-
11a · Other revenue: CITY REIMBURSEMENT
total $2,317,107 · excluded $2,317,107
-
11b · Other revenue: SOLAR REN. ENERGY CERT.
total $93,120 · excluded $93,120
-
11c · Other revenue: PHOTO KIOSK
total $14,020 · excluded $14,020
-
11d · All other revenue
total $35,240 · excluded $35,240
-
11e · Other revenue, total
$2,459,487
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $113,750 · program services $113,750
-
5 · Compensation of officers, directors and key employees
total $2,248,258 · program services $591,193 · management and general $947,571 · fundraising $709,494
-
7 · Other salaries and wages
total $8,107,961 · program services $6,704,275 · management and general $635,158 · fundraising $768,528
-
8 · Pension plan contributions
total $469,007 · program services $297,691 · management and general $125,294 · fundraising $46,022
-
9 · Other employee benefits
total $860,543 · program services $523,112 · management and general $280,210 · fundraising $57,221
-
10 · Payroll taxes
total $749,668 · program services $429,805 · management and general $239,040 · fundraising $80,823
-
11b · Fees: legal
total $272,345 · program services $48,314 · management and general $222,669 · fundraising $1,362
-
11c · Fees: accounting
total $109,300 · management and general $109,300
-
11d · Fees: lobbying
total $115,500 · program services $115,500
-
11f · Fees: investment management
total $34,571 · management and general $34,571
-
11g · Fees: other
total $1,037,965 · program services $805,334 · management and general $176,018 · fundraising $56,613
-
12 · Advertising and promotion
total $755,746 · program services $753,946 · management and general $1,800
-
13 · Office expenses
total $489,270 · program services $346,892 · management and general $86,126 · fundraising $56,252
-
14 · Information technology
total $510,142 · program services $264,564 · management and general $235,446 · fundraising $10,132
-
15 · Royalties
total $229,936 · program services $229,936
-
16 · Occupancy
total $6,429,073 · program services $5,423,604 · management and general $884,182 · fundraising $121,287
-
17 · Travel
total $116,203 · program services $90,021 · management and general $17,588 · fundraising $8,594
-
19 · Conferences, conventions and meetings
total $307,803 · program services $226,906 · management and general $38,325 · fundraising $42,572
-
20 · Interest
total $322,878 · program services $280,904 · management and general $38,745 · fundraising $3,229
-
22 · Depreciation, depletion and amortization
total $5,515,722 · program services $4,798,678 · management and general $661,887 · fundraising $55,157
-
23 · Insurance
total $438,925 · program services $317,375 · management and general $118,971 · fundraising $2,579
-
24a · Other expenses: EXHIBIT RENTALS
total $924,689 · program services $924,689
-
24b · Other expenses: BANK & CREDIT CARD FEES
total $362,672 · program services $346,253 · management and general $16,419
-
24c · Other expenses: SPECIAL ACTIVITY COSTS
total $162,828 · program services $160,944 · management and general $1,884
-
24d · Other expenses: BAD DEBT
total $150,500 · management and general $150,500
-
24e · All other expenses
total $70,347 · program services $59,231 · management and general $11,116
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $8,117,963 · end of year $2,450,539
-
2 · Savings and temporary cash investments
beginning of year $29,674,960 · end of year $31,513,556
-
3 · Pledges and grants receivable
beginning of year $3,285,382 · end of year $4,267,943
-
4 · Accounts receivable
beginning of year $677,694 · end of year $795,995
-
9 · Prepaid expenses and deferred charges
beginning of year $517,156 · end of year $580,178
-
10a · Land, buildings and equipment: cost or other basis
$223,176,157
-
10b · Land, buildings and equipment: accumulated depreciation
$116,346,317
-
10c · Land, buildings and equipment, net
beginning of year $98,677,408 · end of year $106,829,840
-
11 · Investments: publicly traded securities
beginning of year $4,164,887 · end of year $4,827,576
-
15 · Other assets
beginning of year $20,500 · end of year $20,500
-
17 · Accounts payable and accrued expenses
beginning of year $8,379,130 · end of year $8,783,796
-
19 · Deferred revenue
beginning of year $3,780,827 · end of year $4,657,322
-
23 · Secured mortgages and notes payable
beginning of year $7,544,607 · end of year $7,228,658
-
24 · Unsecured notes and loans payable
beginning of year $147,945 · end of year $144,256
-
27 · Net assets without donor restrictions
beginning of year $81,160,466 · end of year $83,700,215
-
28 · Net assets with donor restrictions
beginning of year $44,122,975 · end of year $46,771,880
Mission and programs · 2023
Mission
SEE SCHEDULE O
Activities or mission (Part I)
TO INSPIRE THE NEXT GENERATION OF SCIENTISTS AND ENGINEERS AND EXCITE LEARNERS OF ALL AGES ABOUT THE POWER, PROMISE, AND PURE FUN OF SCIENCE AND TECHNOLOGY.LSC OFFERS EXCEPTIONAL SCIENCE LEARNING ONSITE, OFFSITE, AND ONLINE AS WELL AS PROFESSIONAL DEVELOPMENT FOR TEACHERS.
-
LIBERTY SCIENCE CENTER HAS BROAD AMBITIONS AND SOUND STRATEGIES TO CHANGE THE FACE OF SCIENCE EDUCATION IN NEW JERSEY AND BEYOND. IN ADDITION TO ITS ENGAGING EXHIBITION AND THEATER OFFERINGS, AN IMPORTANT TOOL IN ACHIEVING THAT OBJECTIVE IS THE CENTER FOR LEARNING AND TEACHING. THE 19,000-SQUARE-FOOT FACILITY IS DEDICATED TO DELIVERING EDUCATIONAL PROGRAMMING FOR STUDENTS, GUESTS, TEACHERS, AND VISITORS. IT IS THE HOME OF LSC'S INTERNATIONALLY ACCLAIMED "LIVE FROM SURGERY" PROGRAM, WHERE STUDENTS OBSERVE AND DISCUSS PROCEDURES AND RISK FACTORS WITH OPERATING STAFF VIA VIDEOCONFERENCING DURING LIVE SURGERY. IT ALSO FEATURES SEVEN WORKING LABS INCLUDING THE MAKERLAB, AS WELL AS THE STUDIO FOR ELECTRONIC FIELD TRIPS. IN THIS SPACE, LSC PROVIDES OUTSTANDING AND AFFORDABLE EDUCATOR PROFESSIONAL DEVELOPMENT OPPORTUNITIES. SCHOOL RESIDENCIES ARE AVAILABLE THERE FOR SPECIAL NEEDS, HOME SCHOOLERS, AND OTHER STUDENTS. LIBERTY SCIENCE CENTER ALSO CONDUCTS CURRICULUM-LINKED ONSITE, OFFSITE, AND ONLINE PROGRAMS INCLUDING FIELD TRIPS, CLASSROOM AND LAB INSTRUCTION, INTERPRETIVE PROGRAMS IN BOTH FORMAL AND INFORMAL SETTINGS, TRAVELING SCIENCE PRESENTATIONS, AND EARLY CHILDHOOD SCIENCE PROGRAMMING. THE INSTITUTION ANNUALLY HOSTS HUNDREDS OF PRIVATE EVENTS FROM BIRTHDAY PARTIES TO HIGH-END PRODUCT LAUNCHES, HOSTS WORKFORCE DEVELOPMENT INITIATIVES, AND SHOWCASES PUBLIC SCIENCE- AND TECHNOLOGY- RELATED EVENTS FROM ROBOTICS COMPETITIONS TO LIVE ANIMAL SHOWS TO ROCKETRY LESSONS.
Expenses $23,511,416 · Grants $113,750 · Revenue $15,054,341
-
LIBERTY SCIENCE CENTER'S SCITECH SCITY WILL BE A "BUSINESS OPTIMIZER", A NEW BREED OF INNOVATION CENTER THAT MAXIMIZES COMMERCIAL SUCCESS AND SOCIAL IMPACT OF SCIENCE AND TECHNOLOGY STARTUPS. THE WORD SCITY (PRONOUNCED "CITY"), FROM SCIENCE + CITY, IS LSC'S PORTMANTEAU FOR A CITY INFUSED WITH SCIENTIFIC CREATIVITY AND ACTIONABLE OPTIMISM ABOUT BUILDING A BETTER FUTURE FOR ALL OF US. ENVISAGED AS A SMALL-SCALE "CITY OF TOMORROW", SCITECH SCITY ASPIRES TO BE AN INTERNATIONALLY RECOGNIZED COMMUNITY WHERE BUSINESSES TEST - AND RESIDENTS AND VISITORS EXPERIENCE - NEW PRODUCTS AND SERVICES BEFORE THEY COME TO MARKET. THE 30-ACRE INNOVATION CAMPUS WILL CONSIST OF: LIBERTY SCIENCE CENTER, THE MOST VISITED CULTURAL INSTITUTION IN NEW JERSEY AND THE LARGEST IMMERSIVE SCIENCE LEARNING CENTER IN THE NJ-NYC METROPOLITAN AREA, EDGE WORKS, THE ECONOMIC AND CREATIVE HUB FOR SCITECH SCITY CONSISTING OF 120,000 SQUARE FEET OF MULTI-FUNCTION WORKSPACE FOR TECHNOLOGY STARTUPS, ENTREPRENEURS AND SKUNK WORKS PROJECTS OF ESTABLISHED COMPANIES, AND A STATE-OF-THE-ART CONFERENCE CENTER AND TECH EXHIBITION SPACE; LIBERTY SCIENCE HIGH SCHOOL, A PUBLIC HIGH SCHOOL FOR SCIENCE-INTERESTED STUDENTS IN HUDSON COUNTY, NEW JERSEY, SCHOLARS VILLAGE, RESIDENTIAL HOUSING FOR ENTREPRENEURS, TEACHERS, STUDENTS, AND TECH-SAVVY FAMILIES, AND A PUBLIC COMMONS AND PLAZA, CONSISTING OF A LARGE OUTDOOR AREA AND COMMON AREA SPACE FOR SOCIALIZING AND ENJOYMENT THAT WILL BE OPEN TO THE PUBLIC.
Expenses $341,501
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David BarryDAVID BARRY
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Steven R Howe JrSTEVEN R HOWE JR
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sheri BronsteinSHERI BRONSTEIN
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Alma DemetropolisALMA DEMETROPOLIS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Laura OverdeckLAURA OVERDECK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Richard M HodoshRICHARD M HODOSH
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Bruce L LevyBRUCE L LEVY
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Josh S WestonJOSH S WESTON
CHAIRMAN EMERITUS
- Total calculated
- $0
- Hours/week
- 2
-
Jeanette CalandraJEANETTE CALANDRA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nick CoussouleNICK COUSSOULE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Clarissa GoncalvesCLARISSA GONCALVES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert J HaririROBERT J HARIRI
TRUSTEE (THRU JAN 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Ralph IzzoRALPH IZZO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
W Nevins McCann JDW NEVINS MCCANN JD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Susan Mustokoff AkselradSUSAN MUSTOKOFF AKSELRAD
TRUSTEE (THRU OCT 2023)
- Total calculated
- $0
- Hours/week
- 1
-
Chirag PatelCHIRAG PATEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marc O PaveseMARC O PAVESE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Al RebaAL REBA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jameson SchriberJAMESON SCHRIBER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anthony T SkiadasANTHONY T SKIADAS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Caroline TillettCAROLINE TILLETT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Timothy TracyTIMOTHY TRACY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Janet TruncaleJANET TRUNCALE
TRUSTEE (THRU JAN 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Greg TusarGREG TUSAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ning YuanNING YUAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul HoffmanPAUL HOFFMAN
PRESIDENT & CEO
- Total calculated
- $1,140,237
- From this org
- $1,015,695
- From related orgs
- $0
- Other
- $124,542
- Hours/week
- 70
Schedule J breakdown matched by us
- Base
- $693,321
- Bonus
- $320,000
- Other
- $2,374
- Deferred
- $101,965
- Nontaxable benefits
- $22,577
- Filer's total
- $1,140,237
-
Christine Arnold-SchroederCHRISTINE ARNOLD-SCHROEDER
VP EXTERNAL AFFAIRS
- Total calculated
- $347,473
- From this org
- $284,498
- From related orgs
- $0
- Other
- $62,975
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $258,264
- Bonus
- $25,000
- Other
- $1,234
- Deferred
- $24,245
- Nontaxable benefits
- $38,730
- Filer's total
- $347,473
-
Tamour KoushaTAMOUR KOUSHA
EVP, CHIEF FINANCIAL OFFICER
- Total calculated
- $399,113
- From this org
- $350,953
- From related orgs
- $0
- Other
- $48,160
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $280,766
- Bonus
- $70,000
- Other
- $187
- Deferred
- $12,792
- Nontaxable benefits
- $35,368
- Filer's total
- $399,113
-
Iowaka BarberIOWAKA BARBER
CHIEF PEOPLE OFFICER
- Total calculated
- $294,630
- From this org
- $261,640
- From related orgs
- $0
- Other
- $32,990
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $225,836
- Bonus
- $35,000
- Other
- $804
- Deferred
- $20,631
- Nontaxable benefits
- $12,359
- Filer's total
- $294,630
-
Lisa HaywardLISA HAYWARD
SR. DIRECTOR, INDIV. GIVING
- Total calculated
- $217,606
- From this org
- $196,451
- From related orgs
- $0
- Other
- $21,155
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $181,490
- Bonus
- $14,262
- Other
- $699
- Deferred
- $16,594
- Nontaxable benefits
- $4,561
- Filer's total
- $217,606
-
Paul MarshPAUL MARSH
VP MARKETING & COMMUNICATIONS
- Total calculated
- $200,768
- From this org
- $155,346
- From related orgs
- $0
- Other
- $45,422
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $140,265
- Bonus
- $14,800
- Other
- $281
- Deferred
- $13,327
- Nontaxable benefits
- $32,095
- Filer's total
- $200,768
-
Ivory WilliamsIVORY WILLIAMS
VP STEM EDUCATION
- Total calculated
- $214,402
- From this org
- $169,918
- From related orgs
- $0
- Other
- $44,484
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $153,240
- Bonus
- $16,464
- Other
- $214
- Deferred
- $8,651
- Nontaxable benefits
- $35,833
- Filer's total
- $214,402
-
Liza Reich RawsonLIZA REICH RAWSON
HEAD, EXHIBITION DEV. & DESIGN
- Total calculated
- $211,267
- From this org
- $170,918
- From related orgs
- $0
- Other
- $40,349
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $153,501
- Bonus
- $16,500
- Other
- $917
- Deferred
- $14,521
- Nontaxable benefits
- $25,828
- Filer's total
- $211,267
-
Kristina ReintammKRISTINA REINTAMM
SR. DIRECTOR, INSTIT. GIVING
- Total calculated
- $176,461
- From this org
- $136,537
- From related orgs
- $0
- Other
- $39,924
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $125,827
- Bonus
- $10,616
- Other
- $94
- Deferred
- $5,951
- Nontaxable benefits
- $33,973
- Filer's total
- $176,461
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- THE ORGANIZATION'S CEO, PAUL HOFFMAN, PARTICIPATES IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. HE DID NOT RECEIVE A PAYMENT FROM THIS PLAN DURING THE YEAR.
- PART I, LINE 7
- THE ORGANIZATION PROVIDED NON-FIXED PERFORMANCE BONUS PAYMENTS IN ADDITION TO SALARY ON A DISCRETIONARY BASIS TO CERTAIN EMPLOYEES, INCLUDING THOSE LISTED IN PART VII. THESE PERFORMANCE BONUS PAYMENTS WERE APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IN CONSIDERATION OF A VARIETY OF FACTORS INCLUDING PERFORMANCE AND RESULTS OF PERFORMANCE, CURRENT COMPENSATION AS COMPARED TO MARKET RATES, AND RESPONSIBILITIES ASSUMED OUTSIDE OF NORMAL JOB DUTIES.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · CURRENTLY NO ACTIVITY · NJ · controlled entity
Directly controlled by LIBERTY SCIENCE CENTER
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
SCITECH SCITY LLC
HOLD REAL ESTATE FOR SCIENCE & TECHNOLOGY PARK · NJ · income $355,238 · assets $39,859,884
Directly controlled by LIBERTY SCIENCE CENTER
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349304343
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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