Science History Institute

“Laurie laneau and lewis gasorek have a business relationship.”

“There is only one class of membership to the board. Board members are recommended by a committee of the board and those recommended are approved by the full board. Board members of science history institute are also board members of science history institute support company.”

“Board members are selected by the nominating committee of the board and are approved by the full board. The two founding member organizations, american chemical society and the american institute of chemical engineers, may appoint up to 5 directors in total.”

“All committee and board decisions are documented and recorded.”

“The board receives a copy and reviews the form 990 prior to its filing with irs. Recommended changes are approved prior to its filing with irs.”

“Science history institute has a conflict of interest policy which is reviewed annually. Each board member, officer and key employee are required to submit any potential conflict to the audit committee which reviews the conflict and then sends it on to the full board for review and approval.”

“The compensation of the president/ceo is reviewed and approved by the executive committee and full board and is based on comparable data for similar nonprofit organizations. Form 990, part vi, line 15b (other officer or key employee compensation): the president determines the compensation for other officers and key employees using comparable organizations' salaries as a guide based on information from a consultant.”

“Form 990 and all other required governing documents are available for review.”

“Salaries for all employees of science history institute and science history institute support company are paid through science history institute.”

“We are a library and museum - we focus on building and preserving collections in the fields of chemistry, chemical engineering, and the life sciences - we enable easy access to our world-class collections - we interpret our collections and create engaging audience experiences - we foster and create innovative historical research we are storytellers - we share the history of science using multiple storytelling methods - we challenge different perspectives in the history of science - we reveal how the scientific past is embedded in our daily lives we create global communities - we foster vibrant communities of scholars - we build and support communities of the scientifically curious - we place the interests of our audiences at the center of our work - we embrace physical and digital platforms - we earn the interest and philanthropy of donors, who wish to support meaningful work at the institute and make positive changes in the world we care - we embrace diversity of people and perspectives - we support an inclusive culture - we implement equitable policies and practices”

“The institute entered into a note payable pursuant to the paycheck protection program under the coronavirus aid, relief, and economic security act. The proceeds from the note payable were recorded as debt in accordance with fasb asc 470. The entire note payable was forgiven by the small business administration on december 11, 2020.”

“The organization has a comittee with oversight of the audit of its financial statements. This has not changed since the prior year.”