Civic Intelligence

The Exploratorium

EIN 94-1696494 • 501(c)3 • San Francisco, CA

Profile

The exploratorium's primary purpose is to engage in educational activities that foster and promote public understanding of sceince, art, technology and human perception.

17 Pier Ste 100San Francisco, CA 94111-1455

www.exploratorium.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

35th percentile

0.17x

Higher debt load relative to assets than 35% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.75x

Higher debt load relative to revenue than 66% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

38th percentile

1.0%

Higher net margin than 38% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

36th percentile

$609,010

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

34th percentile

2.9%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

9.2%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$293,014,681

Up $8,282,067 (+2.9%) from 2023

Liabilities

Up

$50,041,593

Up $1,174,403 (+2.4%) from 2023

Net Assets

Up

$242,973,088

Up $7,107,664 (+3.0%) from 2023

Revenue

Up

$66,629,029

Up $5,604,852 (+9.2%) from 2023

Expenses

Up

$65,980,256

Up $1,220,009 (+1.9%) from 2023

Net Income

Up

$648,773

Up $4,384,843 (+117%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0Assets 2010: $123,436,067Liabilities 2010: $5,278,952Net Assets 2010: $118,157,1152010Assets 2011: $157,012,815Liabilities 2011: $16,281,294Net Assets 2011: $140,731,5212011Assets 2012: $231,227,583Liabilities 2012: $93,043,773Net Assets 2012: $138,183,8102012Assets 2013: $237,916,900Liabilities 2013: $85,867,850Net Assets 2013: $152,049,0502013Assets 2014: $235,774,674Liabilities 2014: $77,753,460Net Assets 2014: $158,021,2142014Assets 2015: $222,691,233Liabilities 2015: $67,736,080Net Assets 2015: $154,955,1532015Assets 2016: $210,400,592Liabilities 2016: $62,415,955Net Assets 2016: $147,984,6372016Assets 2017: $225,591,402Liabilities 2017: $53,354,551Net Assets 2017: $172,236,8512017Assets 2018: $226,313,174Liabilities 2018: $53,875,782Net Assets 2018: $172,437,3922018Assets 2019: $269,815,117Liabilities 2019: $56,554,831Net Assets 2019: $213,260,2862019Assets 2020: $264,783,310Liabilities 2020: $55,937,016Net Assets 2020: $208,846,2942020Assets 2021: $286,875,309Liabilities 2021: $60,670,769Net Assets 2021: $226,204,5402021Assets 2022: $275,042,102Liabilities 2022: $37,380,833Net Assets 2022: $237,661,2692022Assets 2023: $284,732,614Liabilities 2023: $48,867,190Net Assets 2023: $235,865,4242023Assets 2024: $293,014,681Liabilities 2024: $50,041,593Net Assets 2024: $242,973,0882024

Highlighted filing

2024

Assets$293,014,681
Liabilities$50,041,593
Net Assets$242,973,088

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2010: $30,112,9882010Expenses 2011: $35,171,5332011Expenses 2012: $39,559,8132012Expenses 2013: $51,719,1862013Revenue 2014: $62,277,879Expenses 2014: $58,155,662Net Income 2014: $4,122,2172014Revenue 2015: $58,583,761Expenses 2015: $60,312,129Net Income 2015: -$1,728,3682015Revenue 2016: $51,678,709Expenses 2016: $56,187,552Net Income 2016: -$4,508,8432016Revenue 2017: $74,087,793Expenses 2017: $52,213,213Net Income 2017: $21,874,5802017Revenue 2018: $51,507,512Expenses 2018: $52,933,431Net Income 2018: -$1,425,9192018Revenue 2019: $96,372,343Expenses 2019: $53,538,400Net Income 2019: $42,833,9432019Revenue 2020: $48,557,720Expenses 2020: $52,960,158Net Income 2020: -$4,402,4382020Revenue 2021: $47,989,738Expenses 2021: $46,912,545Net Income 2021: $1,077,1932021Revenue 2022: $79,571,391Expenses 2022: $59,221,371Net Income 2022: $20,350,0202022Revenue 2023: $61,024,177Expenses 2023: $64,760,247Net Income 2023: -$3,736,0702023Revenue 2024: $66,629,029Expenses 2024: $65,980,256Net Income 2024: $648,7732024

Highlighted filing

2024

Revenue$66,629,029
Expenses$65,980,256
Net Income$648,773

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$293$50.0$243$66.6$66.0$0.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$285$48.9$236$61.0$64.8$3.74
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$275$37.4$238$79.6$59.2$20.4
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$287$60.7$226$48.0$46.9$1.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$265$55.9$209$48.6$53.0$4.40
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$270$56.6$213$96.4$53.5$42.8
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$226$53.9$172$51.5$52.9$1.43
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$226$53.4$172$74.1$52.2$21.9
2016Detailed filing. Detailed filing data is available for this year.$210$62.4$148$51.7$56.2$4.51
2015Detailed filing. Detailed filing data is available for this year.$223$67.7$155$58.6$60.3$1.73
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$236$77.8$158$62.3$58.2$4.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$238$85.9$152$51.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$231$93.0$138$39.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$157$16.3$141$35.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$123$5.28$118$30.1
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 4, 2022
Return Version
2020v4.2
Gross Receipts
$93,062,176
Mission and Program Overview

Mission

The exploratorium is a public learning laboratory exploring the world through science, art, and human perception. Our mission is to create inquiry-based experiences that transform learning worldwide.

The exploratorium is a public learning laboratory exploring the world through science, art, and human perception.our mission is to create inquiry-based experiences that transform learning worldwide.our vision is a world where people think for themselves and can confidently ask questions, question answers, and understand the world around them.we value lifelong learning and teaching, curiosity and inquiry, our community, iteration and evidence, integrity and authenticity, sustainability, and inclusion and respect.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$177,088,015$171,251,709▼ $5,836,306
Investments in Publicly Traded Securities$48,341,038$56,229,634▲ $7,888,596
Investments Other Securities$14,755,124$24,925,038▲ $10,169,914
Pledges and Grants Receivable$16,731,623$21,232,644▲ $4,501,021
Cash and Non-Interest-Bearing Accounts$1,420,067$5,937,479▲ $4,517,412
Prepaid Expenses and Deferred Charges$3,844,987$3,125,912▼ $719,075
Accounts Receivable$1,280,690$2,810,909▲ $1,530,219
Inventories for Sale or Use$1,032,428$1,072,646▲ $40,218
Savings and Temporary Cash Investments$289,338$289,338→ $0
Total Assets$264,783,310$286,875,309▲ $22,091,999
Liabilities
Tax Exempt Bond Liabilities$46,591,184$44,906,951▼ $1,684,233
Deferred Revenue$4,345,216$9,905,812▲ $5,560,596
Accounts Payable and Accrued Expenses$5,000,616$5,858,006▲ $857,390
Total Liabilities$55,937,016$60,670,769▲ $4,733,753
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$131,812,981$124,196,323▼ $7,616,658
Net Assets With Donor Restrictions$77,033,313$102,008,217▲ $24,974,904
Total Net Assets Fund Balance$208,846,294$226,204,540▲ $17,358,246
Total Liabilities and Net Assets / Fund Balance$264,783,310$286,875,309▲ $22,091,999

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$162,452,356$28,157,615$190,609,971
Equipment$4,735,185$18,312,698$23,047,883
Other Land Buildings$4,064,168$11,179,781$15,243,949
Closely Held Equity Interests$24,925,038--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$65,796,163-▲ $20,680,511$3,622,000$82,854,674
2019$65,451,922$1,741,766▲ $375,475$1,773,000$65,796,163
2018$62,026,268$2,303,014▲ $2,722,640$1,600,000$65,451,922
2017$53,893,524$6,210,649▲ $3,253,095$1,331,000$62,026,268
2016$25,088,540$25,010,066▲ $4,892,802$1,097,884$53,893,524
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris FlinkExecutive DirectorFT$514,979$62,791$577,770
Robert SemperChief Science OfficerFT$258,437$21,477$279,914
Laura ZanderChief Financial OfficerFT$239,031$31,139$270,170
Silva RakerSr. Bus. Director of Global CollaborationsFT$216,341$27,359$243,700
Silva RakerSr. Bus. Director of Global Collaboratio-$216,031$27,669$243,700
Thomas RockwellSr. Creative Director of Global CollaborationsFT$211,495$22,854$234,349
Thomas RockwellSr. Creative Director of Global Collabor-$211,193$23,156$234,349
Blair WinnSr. Director of Inst. AdvancementFT$215,701$14,835$230,536
Phoebe WhiteChief Operating OfficerFT$220,232$6,062$226,294
Robyn HigdonSr. Director of Museum ExperienceFT$158,476$22,784$181,260
Julie NunnSr. Director of MarketingFT$162,060$16,652$178,712
Anne JenningsSr. Director of Organizational DevelopmentFT$154,225$22,059$176,284
Anne JenningsSr. Director of Organizational Developmen-$154,003$22,281$176,284

Highest Paid Contractors

ContractorServicesLocationCompensation
Securitas Security SvcsSecurityPO BOX 57220, Los Angeles, CA 90074$624,148
San Francisco ChronicleAdvertisingPO BOX 7228, San Francisco, CA 94103$329,981
Onerhythm LLCDirect Mail And Printing414 1ST ST E 6, Sonoma, CA 90074$200,690
Nor-cal Moving ServicesStorage And Shipping3129 CORPORATE PLACE, Hayward, CA 94010$193,581
Polatnick Properties INCProperty Manager Consultant660 THIRD STREET SUITE 150, San Francisco, CA 94107$173,563
Revenue and Support

Revenue Composition

Contributions and Grants
$32,097,486
Program Service Revenue
$11,176,445
Investment Income
$4,305,673
Other Revenue
$410,134
All Other Contributions
$19,014,255
Change in Net Assets
$1,077,193

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded20$1,083,710Fair Market Value (FMV)
Works of Art1$2,598Fair Market Value (FMV)
Total Noncash Contributions21$1,086,308-

Audited Revenue Reconciliation

Revenue per Audited Statements
$47,989,738
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$17,792,172
Total Revenue per Audited Statements
$65,781,910
Total Revenue per Form 990
$47,989,738
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$27,985,210
Other Expenses$18,927,335
Total Fundraising Expense$2,281,168
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,745,110$1,458,394$1,585,540$20,789,044
Depreciation Depletion$6,041,583$338,793-$6,380,376
Fees for Services Other$5,531,780$756,961$24,751$6,313,492
Other Employee Benefits$2,424,601$381,061$234,544$3,040,206
Occupancy$2,302,805$542,069-$2,844,874
Current Officers, Directors, Trustees, and Key Employees$1,007,637$1,168,830$216,006$2,392,473
Payroll Taxes$1,494,632$127,776$141,079$1,763,487
Advertising$1,428,603$7$54,969$1,483,579
Office Expenses$265,957$32,957$8,583$307,497
Travel$40,810$1,496$1,327$43,633
Conferences and Meetings$8,534$249$1,411$10,194
Other Expenses$-637,750$200,950$12,958$-637,750
Total Functional Expenses$39,140,365$5,491,012$2,281,168$46,912,545

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$48,423,664
Expenses per Audited Statements$46,912,545
Total Expenses per Form 990$46,912,545
Expenses Not Reported on Form 990$1,511,119
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$12,523,573

International Compliance

Activity in boycott countries
Yes
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestment---$5,467,581
Middle East and North AfricaProgram ServicesExhibit Sales and Rental--$3,482,471
South AmericaProgram ServicesExhibit Sales and Rental--$3,449,054
East Asia and the PacificProgram ServicesExhibit Sales and Rental--$124,467
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$195,474
Fundraising Gross Income$11,795
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wonder Funday$82,940-$9,482-
Gala$751,658$11,795$148,111$-136,316
Total Events$834,598$11,795$195,474$-183,679
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia Infrastructure and Economic Dev Bank2018-08-31$49,200,000SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$49,200,000--$590,291

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Rsm llp and the exploratorium staff work together to gather the required tax information necessary to complete the form 990. The initial draft returns were reviewed by rsm and the exploratorium staff, items were discussed and reviewed. Recommended changes were reflected in the return and a draft tax return was prepared. The audit committee received the final version of the tax returns for review and approval prior to filing with the appropriate tax authorities. The board has delegated monitoring and review of financial matters to the audit committee. Full form 990 copies of the returns are provided to the full board of directors.

Form 990, Part VI, Section B, Line 12C

The exploratorium requires that the executive director, cfo, and directors or trustees disclose in writing whether or not there are any potential conflicts of interest at least annually and during the year as necessary. If any conflict is identified, the concerns are immediately elevated to the chairman of the board. At that time the board member may be asked to leave meetings or abstain from voting on certain issues.

Form 990, Part VI, Section B, Line 15

The compensation committee annually reviews the executive director and chief operating officer compensation using surveys and other comparable data. These decisions are properly documented.

Form 990, Part VI, Section C, Line 19

The company maintains for public record copies of its governing documents, conflicts of interest and financial statements which are all available upon request. Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in section 6104(d).

PART VII, SECTION A, COLUMN B:

Average hours per week are payroll hours. Actual hours are much greater.

Filing and Contact Details

Filer

Filer Name
The Exploratorium
EIN
94-1696494
Phone
4155284444
Address
17 PIER STE 100, SAN FRANCISCO, CA 94111-1455

Signing Officer

Name
Laura Zander
Title
Chief Financial Officer
Phone
4155284444
Signed
2022-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Flink
Formed
1968
Legal Domicile
CA
Voting Board Members
42
Independent Board Members
41
Employees
615
Volunteers
41

Preparer

Firm
Rsm US Llp
Address
55 HAWTHORNE SUITE 500, SAN FRANCISCO, CA 94105
Preparer
Yong Zhang
Phone
4158485300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 4,664,477. Management and general expenses 177,811. Fundraising expenses 21,517. Total expenses 4,863,805. Other outside servcices: program service expenses 867,303. Management and general expenses 579,150. Fundraising expenses 3,234. Total expenses 1,449,687.

Form 990, Part XII, Line 2C

The process for overseeing the audit of the financial statements and selection of an independent accountant that audited the financial statements has been consistent with prior years.

Financial Statement Notes

PART V, LINE 4:

The exploratorium has adopted investment and spending policies for endowed assets that attempt to provide a predictable stream of funding for programs supported by its endowment while seeking to maintain the purchasing power of the endowed assets. The investment and spending policies work together to achieve this objective. The investment policy establishes an achievable return objective through diversification of asset classes. To accomplish the long-term rate of return objectives, the exploratorium relies on a total return strategy in which investment returns are achieved through both capital appreciation (realized and unrealized) and current yield (interest and dividends). The exploratorium targets a diversified asset allocation with an emphasis on equity-based investments, within prudent risk parameters. The spending policy determines the amount of money to be distributed annually from the exploratorium's various endowed funds for operational support. The exploratorium adopted a spending policy called the tobin rule. The tobin rule aims to provide a steady endowment earnings withdrawal regardless of large changes to the market value of the endowment. The tobin rule is defined by the exploratorium as 80% of the prior years draw times inflation, plus 20% of the previous year's 12/31 market value, times a 4.5% spending rate.

PART X, LINE 2:

The exploratorium has received rulings from the internal revenue service (irs) and the california franchise tax board granting it exemption from income taxes. The exploratorium files exempt organization returns and, if applicable, unrelated business income tax returns in the u.s. And california jurisdictions. The exploratorium's tax returns for the years ended june 30, 2017, 2018, 2019 and 2020 are open for potential irs/california franchise tax board examination. To date, the exploratorium has not been notified by either taxing authority of any pending examination. The exploratorium follows the provisions of fasb accounting standards codification (asc) 740-10, income taxes, relating to accounting for uncertain tax positions. Management evaluated the exploratorium's tax positions and concluded that there were no material uncertainties in income taxes as of june 30, 2021 or 2020. With few exceptions, the exploratorium is no longer subject to income tax examinations by the u.s., federal, state or local tax authorities for the years before june 30, 2018.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expense reported on line 6b 637,750. Fundraising expense on line 8b 195,474. Cogs reported on line 10b 74,971.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expense reported on line 6b 637,750. Fundraising expense on line 8b 195,474. Cogs reported on line 10b 74,971.

Raw XML AppendixShowing 400 of 1,178 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt02810909
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE EXPLORATORIUM IS A PUBLIC LEARNING LABORATORY EXPLORING THE WORLD THROUGH SCIENCE, ART, AND HUMAN PERCEPTION.OUR MISSION IS TO CREATE INQUIRY-BASED EXPERIENCES THAT TRANSFORM LEARNING WORLDWIDE.OUR VISION IS A WORLD WHERE PEOPLE THINK FOR THEMSELVES AND CAN CONFIDENTLY ASK QUESTIONS, QUESTION ANSWERS, AND UNDERSTAND THE WORLD AROUND THEM.WE VALUE LIFELONG LEARNING AND TEACHING, CURIOSITY AND INQUIRY, OUR COMMUNITY, ITERATION AND EVIDENCE, INTEGRITY AND AUTHENTICITY, SUSTAINABILITY, AND INCLUSION AND RESPECT.
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