Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
EIN 23-1370509 • 501(c)3 • Philadelphia, PA
Profile
The institute is dedicated to providing free public education in science. It is committed to the preservation of its historic building and collections and to providing education in the history and development of science in the united states.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
46th percentile
Higher debt load relative to assets than 46% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
40th percentile
Higher top officer pay than 40% of similar nonprofits.
Top officer pay equals 11.1% of source-year revenue.
Asset Growth
51st percentile
Faster asset growth than 51% of similar nonprofits.
Revenue Growth
62nd percentile
Faster revenue growth than 62% of similar nonprofits.
Assets
Up$7,803,979
Up $333,320 (+4.5%) from 2022
Liabilities
Down$783,127
Down $51,692 (-6.2%) from 2022
Net Assets
Up$7,020,852
Up $385,012 (+5.8%) from 2022
Revenue
Up$961,079
Up $120,963 (+14%) from 2022
Expenses
Up$857,762
Up $33,727 (+4.1%) from 2022
Net Income
Up$103,317
Up $87,236 (+542%) from 2022
Most recent year
2023 • Form 990Summary only. Only limited summary data is available for this year.
The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.
The institute is dedicated to providing free public education in science. It is committed to the preservation of its historic building and collections and to providing education in the history and development of science in the united states.
Provide free public education in science.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $4,429,293 | $3,823,955 | ▼ $605,338 |
| Land, Buildings, and Equipment, Net | $2,961,123 | $2,917,730 | ▼ $43,393 |
| Pledges and Grants Receivable | $30,964 | $69,964 | ▲ $39,000 |
| Cash and Non-Interest-Bearing Accounts | $3,815 | $4,256 | ▲ $441 |
| Total Assets | $8,078,589 | $7,470,659 | ▼ $607,930 |
| Other Assets Total | $653,394 | $654,754 | ▲ $1,360 |
| Liabilities | |||
| Unsecured Notes Loans Payable | $779,330 | $779,330 | → $0 |
| Other Liabilities | - | $31,605 | - |
| Accounts Payable and Accrued Expenses | $30,911 | $23,884 | ▼ $7,027 |
| Total Liabilities | $810,241 | $834,819 | ▲ $24,578 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $3,396,416 | $3,417,825 | ▲ $21,409 |
| Net Assets Without Donor Restrictions | $3,871,932 | $3,218,015 | ▼ $653,917 |
| Total Net Assets Fund Balance | $7,268,348 | $6,635,840 | ▼ $632,508 |
| Total Liabilities and Net Assets / Fund Balance | $8,078,589 | $7,470,659 | ▼ $607,930 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $2,908,249 | $767,120 | $3,675,369 |
| Equipment | $9,480 | $68,731 | $78,211 |
| Other Land Buildings | - | $39,343 | $39,343 |
| Land | $1 | - | $1 |
| Other Assets Org | $2,757 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2022 | $3,092,572 | - | - | - | $3,092,572 |
| 2021 | $3,092,572 | - | - | - | $3,092,572 |
| 2020 | $3,092,572 | - | - | - | $3,092,572 |
| 2019 | $3,092,572 | - | - | - | $3,092,572 |
| 2018 | $3,092,572 | - | - | - | $3,092,572 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Susan Glassman | Executive Di | FT | $87,145 | $18,133 | $105,278 |
| Name | Title |
|---|---|
| Peter Burwasser | President |
| Alexandra Bak-boychuk | Director |
| Cathy Berry | Director |
| Christine Hartzell | Director |
| Darren R Black Pe | Director |
| Frances Batzer Baylson Md | Director |
| Henry Disston Jr | Director |
| Karen Spencer Kelly Esq | Director |
| Kathy Dowdell | Director |
| Louis Thompson | Director |
| Patricia Mccausland | Director |
| Philip Lian | Director |
| Regi George | Director |
| Ryan P Poyser CPA Mst | Director |
| Sean Mchose | Director |
| William J Meagher Jr Cima | Director |
| Boyd Petterson | Secretary |
| Randolph K Brock | Treasurer |
| James Mccambridge | Vice Preside |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $499,658 |
| Other Expenses | $324,377 |
| Total Fundraising Expense | $53,605 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $226,716 | $52,448 | $24,125 | $303,289 |
| Occupancy | $104,634 | $9,685 | - | $114,319 |
| Current Officers, Directors, Trustees, and Key Employees | $78,698 | $18,206 | $8,374 | $105,278 |
| Other Employee Benefits | $35,595 | $10,478 | $3,986 | $50,059 |
| Depreciation Depletion | $48,491 | $442 | - | $48,933 |
| Payroll Taxes | $23,179 | $5,265 | $2,459 | $30,903 |
| Fees for Services Other | $18,615 | $3,747 | $7,035 | $29,397 |
| Office Expenses | $11,210 | $11,831 | $5,472 | $28,513 |
| Fees for Services Accounting | $5,344 | $21,365 | - | $26,709 |
| Pension Plan Contributions | $7,597 | $1,722 | $810 | $10,129 |
| Travel | $1,292 | $279 | $26 | $1,597 |
| Other Expenses | $6,317 | $1,156 | $191 | $1,156 |
| Total Functional Expenses | $608,489 | $161,941 | $53,605 | $824,035 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $963,183 |
| Expenses per Audited Statements | $824,035 |
| Total Expenses per Form 990 | $824,035 |
| Expenses Not Reported on Form 990 | $139,148 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $11,158 |
| Fundraising Direct Expenses | $10,142 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Sip of Science | $41,158 | $11,158 | - | $11,158 |
| Total Events | $41,158 | $11,158 | $10,142 | $1,016 |
| Liability | Amount |
|---|---|
| Bank Overdraft | $31,605 |
“The organization's board of directors and executive director review the 990 together to verify the amounts reported agree with the organization's audited financial statements for the year and all questions are answered accurately. In addition, an independent audit committee reviews the 990 and the organization's financial statements for the year.”
“The board completes an annual questionaire.”
“The executive director's compensation is approved by the board.”
“The organization's governing documents and financial statements are made available to the general public upon request.”
“The institute is dedicated to providing free public education in science. A national historic landmark, it is also committed to the preservation of its historic building, collections and to providing education in the history and development of science.”
“The library and archives reflect the institutional mission to provide free science education to the public. The library (45,000 volumes) includes material printed between the 17th and early 20th-centuries on the natural and physical sciences as well as engineering and metallurgy. Materials in the archives include the family, personal, and business papers of william wagner (1796-1885), records of the institute's founding and early years, and records pertaining to the free library of philadelphia's first branch (1890-1962). The manuscript collections contain the working papers and correspondence of notable scientists. The library and archives also encompass maps, prints, photographs, drawings, and 4,500 glass lantern slides that were used to illustrate the courses. The library and archives are open to researchers and serve an international audience of students, scholars and the public.”
“The wagner free institute of science is located in its original 19th century building, which was designated a national historic landmark in 1990. Its collections include a museum of than 100,000 natural history specimens, including many scientifically and historically important fossils, minerals and zoological specimens. Artifact collections include scientific instruments, demonstration equipment, anthropological materials, and the historic furnishings and fixtures. The museum is open to visitors free of charge, year-round. The wagner also offers guided tours and programming focused on the collections. The museum also serves as a resource for students, scholars and the public. In 2022, museum visitors came from 45 states and 18 countries. A natural history museum with over 100,000 specimens, including scientifically and historically significant fossil, mineral and zoological collections.”
“Education programs include free courses, lectures, and special programs on-site and at locations around the city for adults and children. Programs are available to the public at large free of charge and benefit thousands of children and adults annually. In 2022, the wagner service 22,000 people both in-person and online through its education, museum, and library programs. This includes field trips and lessons for schools and other groups; geokids, an award-winning hands-on science program servicing 600 children annually at five north philadelphia elementary schools and snap: science, nature, and art in philadelphia, an extension of geokids that serves 400 middle school children at the same schools. Snap integrates science learning with art. Geokids links a partnership with a local university and integrates science faculty and graduate and undergraduate students.”
“CAPITAL PROJECTS.”
“The process has not changed from the prior year.”
“Collection items acquired either through purchase or donation are not capitalized. Purchases of collection items are recorded as decreases in unrestricted net assets if purchased with unrestricted assets and as decreases in temporarily restricted or permanently restricted net assets if purchased with donor-restricted assets. Contributions of collection items, if any are not recognized in the statement of activities. Proceeds from insurance recoveries are reflected in the statement of activities based on the absence of existence and nature of donor-imposed restrictions. Collection items are protected, kept unencumbered, cared for, and preserved.”
“For the educational mission.”
“The institute is exempt from income tax as a nonprofit organization under section 501(c)(3) of the internal revenue code and accordingly, no provision for income taxes is included in these financial statements. The institute follows accounting guidance for uncertain tax positions. The institute believes that it has appropriate support for any tax position taken and as such, does not have any uncertain tax positions that are material to the financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 48933 |
| IRS990/Desc | 0 | THE LIBRARY AND ARCHIVES REFLECT THE INSTITUTIONAL MISSION TO PROVIDE FREE SCIENCE EDUCATION TO THE PUBLIC. THE LIBRARY (45,000 VOLUMES) INCLUDES MATERIAL PRINTED BETWEEN THE 17TH AND EARLY 20TH-CENTURIES ON THE NATURAL AND PHYSICAL SCIENCES AS WELL AS ENGINEERING AND METALLURGY. MATERIALS IN THE ARCHIVES INCLUDE THE FAMILY, PERSONAL, AND BUSINESS PAPERS OF WILLIAM WAGNER (1796-1885), RECORDS OF THE INSTITUTE'S FOUNDING AND EARLY YEARS, AND RECORDS PERTAINING TO THE FREE LIBRARY OF PHILADELPHIA'S FIRST BRANCH (1890-1962). THE MANUSCRIPT COLLECTIONS CONTAIN THE WORKING PAPERS AND CORRESPONDENCE OF NOTABLE SCIENTISTS. THE LIBRARY AND ARCHIVES ALSO ENCOMPASS MAPS, PRINTS, PHOTOGRAPHS, DRAWINGS, AND 4,500 GLASS LANTERN SLIDES THAT WERE USED TO ILLUSTRATE THE COURSES. THE LIBRARY AND ARCHIVES ARE OPEN TO RESEARCHERS AND SERVE AN INTERNATIONAL AUDIENCE OF STUDENTS, SCHOLARS AND THE PUBLIC. |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | DIRECTOR |
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| IRS990/MissionDesc | 0 | THE INSTITUTE IS DEDICATED TO PROVIDING FREE PUBLIC EDUCATION IN SCIENCE. A NATIONAL HISTORIC LANDMARK, IT IS ALSO COMMITTED TO THE PRESERVATION OF ITS HISTORIC BUILDING, COLLECTIONS AND TO PROVIDING EDUCATION IN THE HISTORY AND DEVELOPMENT OF SCIENCE. |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE WAGNER FREE INSTITUTE OF SCIENCE IS LOCATED IN ITS ORIGINAL 19TH CENTURY BUILDING, WHICH WAS DESIGNATED A NATIONAL HISTORIC LANDMARK IN 1990. ITS COLLECTIONS INCLUDE A MUSEUM OF THAN 100,000 NATURAL HISTORY SPECIMENS, INCLUDING MANY SCIENTIFICALLY AND HISTORICALLY IMPORTANT FOSSILS, MINERALS AND ZOOLOGICAL SPECIMENS. ARTIFACT COLLECTIONS INCLUDE SCIENTIFIC INSTRUMENTS, DEMONSTRATION EQUIPMENT, ANTHROPOLOGICAL MATERIALS, AND THE HISTORIC FURNISHINGS AND FIXTURES. THE MUSEUM IS OPEN TO VISITORS FREE OF CHARGE, YEAR-ROUND. THE WAGNER ALSO OFFERS GUIDED TOURS AND PROGRAMMING FOCUSED ON THE COLLECTIONS. THE MUSEUM ALSO SERVES AS A RESOURCE FOR STUDENTS, SCHOLARS AND THE PUBLIC. IN 2022, MUSEUM VISITORS CAME FROM 45 STATES AND 18 COUNTRIES. A NATURAL HISTORY MUSEUM WITH OVER 100,000 SPECIMENS, INCLUDING SCIENTIFICALLY AND HISTORICALLY SIGNIFICANT FOSSIL, MINERAL AND ZOOLOGICAL COLLECTIONS. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | EDUCATION PROGRAMS INCLUDE FREE COURSES, LECTURES, AND SPECIAL PROGRAMS ON-SITE AND AT LOCATIONS AROUND THE CITY FOR ADULTS AND CHILDREN. PROGRAMS ARE AVAILABLE TO THE PUBLIC AT LARGE FREE OF CHARGE AND BENEFIT THOUSANDS OF CHILDREN AND ADULTS ANNUALLY. IN 2022, THE WAGNER SERVICE 22,000 PEOPLE BOTH IN-PERSON AND ONLINE THROUGH ITS EDUCATION, MUSEUM, AND LIBRARY PROGRAMS. THIS INCLUDES FIELD TRIPS AND LESSONS FOR SCHOOLS AND OTHER GROUPS; GEOKIDS, AN AWARD-WINNING HANDS-ON SCIENCE PROGRAM SERVICING 600 CHILDREN ANNUALLY AT FIVE NORTH PHILADELPHIA ELEMENTARY SCHOOLS AND SNAP: SCIENCE, NATURE, AND ART IN PHILADELPHIA, AN EXTENSION OF GEOKIDS THAT SERVES 400 MIDDLE SCHOOL CHILDREN AT THE SAME SCHOOLS. SNAP INTEGRATES SCIENCE LEARNING WITH ART. GEOKIDS LINKS A PARTNERSHIP WITH A LOCAL UNIVERSITY AND INTEGRATES SCIENCE FACULTY AND GRADUATE AND UNDERGRADUATE STUDENTS. |
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| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | CAPITAL PROJECTS. |
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