Project Exploration creates transformative learning opportunities for youth underrepresented in the sciences -- particularly students of color and girls -- by equipping them with the skills, practices, and mindset needed for a lifelong pursuit of learning.

501(c)(3) charity; gifts are tax-deductible.
68¢ of each $1 spent went to programs.
$115K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 7
filings with a surplus
Average deficit $47K a year · 3% of revenue · last 7 filings
Worth a look: a surplus in 4 of the last 7 filings.
Pt I · Ln 19 · 7 filings
Spent on programs
68%
of spending
Fine: 68% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$115K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
15
named funders · $265K
Looks good: 15 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$32K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.4M
-3% vs prior year
Spent
$1.3M
To programs
68%
Net assets
$365K
By yearFY2019–FY2025
Revenue
$1.4M
FY2022▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2019$744K
FY2020$969K
FY2021$1.5M
FY2022$1.4M
FY2023$1.3M
FY2024$2.1M
FY2025$2.2M
Expenses
$1.3M
FY2022▼ -15%
Tap a bar for its year
Expenses by fiscal year
FY2019$735K
FY2020$823K
FY2021$1.5M
FY2022$1.3M
FY2023$1.5M
FY2024$1.9M
FY2025$2.8M
Net assets
$365K
FY2022▲ +60%
Tap a bar for its year
Net assets by fiscal year
FY2019$139K
FY2020$285K
FY2021$229K
FY2022$365K
FY2023$163K
FY2024$348K
FY2025−$61K

From the FY2022 Form 990 (year ending August 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

68 cents of each dollar spent went to programs.

Program services 68% · $872K Management & general 29% · $370K Fundraising 3% · $42K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $115K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$115,050Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Natasha Smith-Walker’s $132K as Executive Di is at the 56th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Natasha Smith-Walker$131,976$119,100$113,671$115,050$115,200$112,400
Kelli Beyer Patel——$101,104———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers underrepresented youth with science skills and a lifelong learning mindset.

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Provided by the organization

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3 programs · $866K · in their own filed words · FY2021
01

The "explore" programs focus on specific disciplines and inquiry methods while reinforcing critical thinking skills and investigative approaches. Examples of project exploration's explore programs: explore engineering,medical sciences, aviation.

$343Kprogram expense
02

"discover" programs spark interest, and engagement and introduce students to a broad range of scientific and engineering disciplines and topics, as well as the basics of the nature of science, scientific inquiry, and engineering design process.

$262Kprogram expense
03

Chicago stem pathways cooperative (stem co-op) is dedicated to building cradle-to-career pathways of high-quality stem learning for chicago's youth through partnerships between the in- and out-of-school time sector, as well as deep support from stakeholders involved in chicago's stem learning landscape.

$262Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 15 funders →

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$1.4M
Ln 12
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$244K
Investment incomeLn 3$44
Money outPt IX
$1.3M
Ln 25
Programscol B$872K
Managementcol C$370K
Fundraisingcol D$42K
Owns and owesPt X
$365K
net assets · Ln 32
Cash and savingsLn 1–2$207K
Total assetsLn 16$397K
LiabilitiesLn 26$32K
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Government grantsLn 1e$361K
Fees for servicesLn 2g$244K
Investment incomeLn 3$44
Total revenueLn 12$1.4M
Assets in detailPt X, end of year
CashLn 1$70K
SavingsLn 2$137K
Cash and savings togetherLn 1–2$207K
Land, buildings, equipmentLn 10c$79K
Total assetsLn 16$397K
LiabilitiesLn 26$32K
Net assetsLn 32$365K
OperationsPt I, VI
EmployeesI 526
VolunteersI 66
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$336K$207K
Land, buildings, equipmentLn 10c$111K$79K
Total assetsLn 16$497K$397K
LiabilitiesLn 26$268K$32K
Net assetsLn 32$229K$365K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$116K$12K$82K$23K
Other salaries and wagesLn 7$412K$274K$130K$8K
Payroll taxesLn 10$45K$25K$18K$3K
Accounting feesLn 11c$25K$25K
Other fees for servicesLn 11g$9K$9K
Office expensesLn 13$35K$18K$12K$5K
TravelLn 17$59K$56K$2K$2K
Depreciation, depletion and amortizationLn 22$32K$32K
InsuranceLn 23$30K$121$30K
Other expenses (24a–d)Ln 24$446K$434K$12K
All other expensesLn 24e$74K$56K$18K$1K
Total functional expensesLn 25$1.3M$872K$370K$42K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.2M$2.8M−$540K−$61K 990 PDF
FY2024 $2.1M$1.9M$175K$348K 990 PDF
FY2023 $1.3M$1.5M−$202K$163K 990 PDF
FY2022 Viewing $1.4M$1.3M$136K$365K 990 PDF
FY2021 $1.5M$1.5M−$56K$229K 990 PDF
FY2020 $969K$823K$146K$285K 990 PDF
FY2019 $744K$735K$9K$139K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $1,420,429 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,096,797$1,176,691
I-9 Program service revenuePrior year $360,308$243,694
I-10 Investment incomePrior year $21$44
I-11 Other revenue$0
I-12 Total revenuePrior year $1,457,126$1,420,429
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $637,041$573,923
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $875,933$710,326
I-18 Total expensesPrior year $1,512,974$1,284,249
I-19 Revenue less expensesPrior year −$55,848$136,180
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,420,429 across 6 lines filed
VIII-1e Government grants$361,243
VIII-1f All other contributions, gifts and grants$815,448
VIII-1h Total contributions, gifts and grants$1,176,691
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $243,694$243,694
VIII-3 Investment incomeExcluded from tax $44$44
VIII-12 Total revenueRelated to mission $243,694 · Excluded from tax $44$1,420,429
Part IX · Statement of functional expenses $1,284,249 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $11,650 · Management $81,547 · Fundraising $23,299$116,496
IX-7 Other salaries and wagesPrograms $273,763 · Management $129,870 · Fundraising $8,414$412,047
IX-10 Payroll taxesPrograms $24,505 · Management $18,152 · Fundraising $2,723$45,380
IX-11c Accounting feesManagement $25,202$25,202
IX-11g Other fees for servicesManagement $9,000$9,000
IX-13 Office expensesPrograms $17,520 · Management $12,113 · Fundraising $5,138$34,771
IX-17 TravelPrograms $55,669 · Management $1,605 · Fundraising $1,541$58,815
IX-22 Depreciation, depletion and amortizationManagement $31,882$31,882
IX-23 InsurancePrograms $121 · Management $30,370$30,491
IX-24 Other expenses (24a–d)Programs $433,618 · Management $12,388$446,006
IX-24e All other expensesPrograms $55,524 · Management $17,571 · Fundraising $1,064$74,159
IX-25 Total functional expensesPrograms $872,370 · Management $369,700 · Fundraising $42,179$1,284,249
Part X · Balance sheet $396,534 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $3,630$69,623
X-2 Savings and temporary cash investmentsStart of year $332,813$137,488
X-3 Pledges and grants receivableStart of year $49,428$110,580
X-10c Land, buildings and equipment, netStart of year $110,725$78,843
X-16 Total assetsStart of year $496,596$396,534
X-17 Accounts payable and accrued expensesStart of year $26,268$31,504
X-26 Total liabilitiesStart of year $267,746$31,504
X-27 Net assets without donor restrictionsStart of year $47,184$95,280
X-28 Net assets with donor restrictionsStart of year $181,666$269,750
X-32 Total net assets or fund balancesStart of year $228,850$365,030
X-33 Total liabilities and net assetsStart of year $496,596$396,534
Part XI · Reconciliation of net assets $365,030 net assets at year end
XI-1 Total revenue$1,420,429
XI-2 Total expenses$1,284,249
XI-3 Revenue less expenses$136,180
XI-4 Net assets at start of year$228,850
XI-10 Net assets at end of year$365,030

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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