Sciart Exchange EIN 47-3000608 Form 990 (PDF) Claim this org

Sciart Exchange FY2022 filing

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Sciart Exchange is an arts and culture nonprofit based in Houston, TX, formed in 2015. For fiscal year 2022 it reported $71K in revenue, $76K in expenses, and $1.0M in net assets.Pt I

Founded
2015
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Houston, TX
Website
www.sciartexchange.org
Filings
6 on file (2020–2022)
Revenue
$71KFY2022
Expenses
$76K
Net assets
$1.0M
People
12
Filings
6
Updates
0
More identity details & actions ⌄
EIN  47-3000608 Public charity (501(c)(3)) Houston, TX Founded 2015
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
an arts and culture nonprofit
Leadership
Jancy McPhee · Executive Director · $38K
Money in and out
$71K revenue, $76K expenses
Bottom line
60% program efficiency
Where the money goes · FY2022
Total revenue
$71K
Pt VIII · Ln 12
Total expenses
$76K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$5K
Where spending went · Part IX cols B–D
Program services $0.60 Management & general $0.32 Fundraising $0.08
Program efficiency
60%
of spending reaches programs
Operating runway
160.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$71K
FY2022▼ -93%
Expenses
$76K
FY2022▲ +147%
Total assets
$1.0M
FY2022▼ -0.5%
Total liabilities
$0
FY2022▼ -100%
Total revenue
$71K
Pt VIII · Ln 12
Total expenses
$76K
Pt IX · Ln 25
Net assets
$1.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$5K
Total assetsPt X · Ln 16$1.0M
Program-expense ratioPt IX · col B60%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSciart Exchange
EINHdr · item D47-3000608
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jwww.sciartexchange.org
Year of formationHdr · item L2015
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A40)
Ruling yearIRS BMFJun 2015

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$38,500Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jancy McPhee’s $42K as Executive Director is at the 92nd percentile of top reported officer pay among 250 <$100K 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
Jancy McPhee$42,000$42,000$42,000$38,500$24,500
Jancy C McPhee$42,000

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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Mission & Programs · Part III

Where the work happens

3 program services account for $45K of program spending, described in the organization's own filed words · FY2022.
01

Contests

1) NASA Earth Science in Action Comic Strip Contest - In partnership with the NASA Applied Sciences/NASA Earth Program, SciArt Exchange executed an international art contest for adults & children aged 14-18 (https://www.sciartex.net/science-in-action-nasa-earth-comic-strip-contest.html).

$27Kprogram expense
02

Community Development & Online Resources & In-Person Training

SciArt Exchange continued to offer lectures, webinars, videocasts & podcasts, & activities as online resources about the value of Science-Technology-Engineering-Art-Math (STEAM) Education & Practice & to help train participants in space exploration, science communication, creativity & teamwork using art-integration techniques.

$14Kprogram expense
03

Events

SciArt Exchange engaged in in-person displays, such as the Smithsonian Folklife Festival, Houston Comicpalooza & Chaniartoon - International Comic & Animation Festival. In addition, we engaged in many virtual displays & events, sharing artwork from various activites & their experience.

$4Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$56K · 79%
Investment income$15K · 21%
Contributions & grants79%$56K
Investment income21%$15K
— government grantsLn 1e$55K
Total revenueLn 12$71K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.60 Management & general $0.32 Fundraising $0.08
Program services60%$45K
Management & general32%$24K
Fundraising8%$6K
Total functional expensesLn 25$76K

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$1.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.0M
Months of cash on handcomputed160.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $76K
160.3 months
Where the money goes
Program services
Program services $45K · Total expenses $76K
60%
Management & General
Management & general $24K · Total expenses $76K
32%
Fundraising
Fundraising $6K · Total expenses $76K
8%
Cost to raise $1
Fundraising expense (2-yr avg) $5K · Solicited contributions (2-yr avg) $503K
$0.01 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $56K · Total revenue $71K
79%
Government reliance
Government grants $55K · Total revenue $71K
78%
Earned-income share
Program service revenue $0 · Total revenue $71K
0%
Investment reliance
Investment income $15K · Total revenue $71K
+21%
Program self-sufficiency
Program service revenue $0 · Total expenses $76K
0%
Growth & trend
Revenue growth (YoY)
This year $71K · Prior year $1.0M
-93%
Net-asset trend (YoY)
End of year $1.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $71K · Expenses $76K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $1.0M
Net-asset ratio
Net assets $1.0M · Total assets $1.0M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.0M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jancy McPhee · Reported title Executive Director · Highest reported compensation $38K · Total expenses $76K
51%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $64K · Total expenses $76K
85%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 60%
Overhead ratio 32%
Fundraising cost ratio 10%
Revenue growth -93%
Accounting fee ratio 1.0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$18

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$53K revenue · ⤓ 990 PDF
FY2024$46K revenue · ⤓ 990 PDF
FY2023$157K revenue · ⤓ 990 PDF
FY2022$71K revenue · viewing · ⤓ 990 PDF
FY2021$1.0M revenue · ⤓ 990 PDF
FY2020$20K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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