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Arts, Culture, Humanities : Museums

The Tech Museum of Innovation

Inspiring the innovator in everyone

four stars

94.26

201 South Market Street San Jose, CA 95113
tel: (408) 294-8324   Web Site
EIN: 94-2864660

Board Leadership
Christopher S. DiGiorgio
Board Chair

CEO
Tim Ritchie
President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 94.26 four stars
  Financial 92.94 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Opened in 1990, The Tech Museum of Innovation is an educational resource established to engage people of all ages and backgrounds in exploring and experiencing technologies affecting their lives, and to inspire the young to become innovators in the technologies of the future. An expansive variety of interactive exhibits and unique floor programs showcase not just how technology works, but how it affects who we are and how we live, work, play and learn. The Tech's 132,000 square feet are divided among themed galleries focused on innovation, the internet, the human body, and exploration. Annually, The Tech plays host to roughly 400,000 guests - 80,000 of whom visit as part of a school field trip - making it one of California's most popular destinations.

Opened in 1990, The Tech Museum of Innovation is an educational resource established to engage people of all ages and backgrounds in exploring and experiencing technologies affecting their lives, and to inspire the young to become innovators in the technologies of the future. An expansive variety of interactive exhibits and unique floor programs showcase not just how technology works, but how it affects who we are and how we live, work, play and learn. The Tech's 132,000 square feet are divided among themed galleries focused on innovation, the internet, the human body, and exploration. Annually, The Tech plays host to roughly 400,000 guests - 80,000 of whom visit as part of a school field trip - making it one of California's most popular destinations.

Financial

four stars

92.94

Accountability & Transparency

four stars

96.00

This rating was published 07/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
76.5%
  Administrative Expenses 15.8%
  Fundraising Expenses 7.5%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 2.94
  Program Expenses Growth 5.4%
  Liabilities to Assets 2.5%
All data for Financial Performance Metrics calculations was provided by The Tech Museum of Innovation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Tech Museum of Innovation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Tech Museum of Innovation (CA) 94.26 four stars
Science Central (IN) 87.61 three stars
The Bakken Museum (MN) 90.52 four stars
Museum of Science and Industry, Chicago (IL) 85.34 three stars
Orlando Science Center (FL) 89.48 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $9,106,574
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $2,100,700
   Related Organizations $0
   Government Grants $1,148,519
Total Contributions $12,355,793
   Program Service Revenue $5,400,171
Total Primary Revenue $17,755,964
   Other Revenue $90,242
TOTAL REVENUE $17,846,206
   
EXPENSES  
   Program Expenses $14,772,169
   Administrative Expenses $3,246,099
   Fundraising Expenses $1,524,456
TOTAL FUNCTIONAL EXPENSES $19,542,724
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,696,518
   
Net Assets $65,409,398

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Tech Museum $10,285,151 69.6%
Education Programs $2,463,442 16.7%
Tech Memberships $2,023,576 13.7%

Ratings History
The Tech Museum of Innovation has received 8 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 07/01/2018 94.26 four stars
2016-06 10/01/2017 95.25 four stars
2015-06 12/01/2016 95.89 four stars
2014-06 06/01/2016 96.93 four stars
 
CN 2.0
2014-06 11/01/2015 94.11 four stars
2013-06 12/22/2014 96.61 four stars
2012-06 09/01/2013 91.33 four stars
2011-06 06/01/2012 91.35 four stars
2010-06 09/20/2011 91.26 four stars
 
CN 1.0
2009-06 11/24/2010 79.17 two stars
2008-06 09/01/2009 83.62 three stars
2007-06 10/01/2008 68.03 one star
2005-12 02/01/2007 65.02 one star
2004-12 12/01/2005 61.55 one star
2003-12 01/05/2005 66.26 one star
2002-12 05/01/2004 78.83 two stars
2001-12 02/05/2003 80.95 three stars
2000-12 10/15/2002 74.42 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 94-2864660
Name in IRS Master File THE TECH MUSEUM OF INNOVATION
NTEE Code A57
NTEE Classification Science and Technology Museums
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (60) Museum, zoo, planetarium, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1983
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$321,084 1.64% Tim Ritchie President

Highly Rated

Charity Name & State Overall Score Overall Rating
The Tech Museum of Innovation (CA) 94.26 four stars
McWane Science Center (AL) 86.84 three stars
John P. McGovern Museum of Health & Medical Science (TX) 90.09 four stars
Science Museum of Minnesota (MN) 89.37 three stars
COSI Center of Science and Industry (OH) 85.10 three stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Tech Museum of Innovation
201 South Market Street
San Jose, CA 95113
tel: (408) 294-8324
fax: (408) 279-7167
EIN: 94-2864660

Visit Web Site

Board Leadership

Christopher S. DiGiorgio
Board Chair

CEO

Tim Ritchie
President and CEO

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