Financial Reports
The Institute for Biblical and Scientific Studies is a non-profit
tax-exempt organization interested in the areas of Bible and science. The
Institute was incorporated as a nonprofit organization in Pennsylvania in
1994. It is recognized as a 501(c)(3) organization by the IRS.
Financial Report for 1994
Income for 1994 |
|
| Contributions |
$4,300.00 |
| Interest earned |
18.71 |
| Total Income |
$4,318.71 |
| |
|
Expenses for 1994 |
|
| Rent |
$200.00 |
| Museum artifacts |
680.55 |
| Printing & advertising |
845.85 |
| Journal & Books |
30.00 |
| Bank Charges |
170.23 |
| Total Expense |
$2,183.52 |
| |
|
Balance for the year ending 1994 |
$2,135.19 |
Financial Report for 1995
Income for 1995 |
|
| Contributions |
$8,025.00 |
| Interest earned |
23.78 |
| Sales |
738.11 |
| Sales Tax |
45.73 |
| Non-Cash Donations |
$9,583.12 |
| Total Income |
$18,534.05 |
| |
|
Expenses for 1995 |
|
| Museum artifacts |
$992.80 |
| Rent |
$1,300.00 |
| Convention |
1,396.33 |
| Office Supplies |
2,486.23 |
| Stock Supplies |
806.61 |
| Journal & Books |
628.47 |
| Printing & advertising |
731.73 |
| Postage |
14.50 |
| Sales Tax |
45.73 |
| Bank Charges |
210.20 |
| Miscellaneous |
1,101.66 |
| Total Expense |
$9,599.52 |
| |
|
Balance for the year ending 1995 |
$438.70 |
Financial Report for 1996
Income for 1996 |
|
| Contributions |
$11,879.71 |
| Interest earned |
114.71 |
| Sales |
2,917.01 |
| Sales Tax |
160.83 |
| Non-Cash Donations |
$29.675.00 |
| Sale of Property |
$15,000.00 |
| Closing Costs |
-3,368.43 |
| Net gain |
$11,631.57 |
| Total Income |
$26,643.12 |
| |
|
Expenses for 1996 |
|
| Museum artifacts |
$4,508.60 |
| Rent |
$1,100.00 |
| Convention |
1,125.00 |
| Office Supplies |
293.54 |
| Stock Supplies |
1,666.75 |
| Journal & Books |
1,204.06 |
| Sales Tax |
177.41 |
| Bank Charges |
232.86 |
| Miscellaneous |
8,780.75 |
| Petty Cash |
636.81 |
| Total Expense |
$20,890.86 |
| |
|
Balance for the year ending 1996 |
$6,305.67 |
Financial Report for 1997
Income for 1997 |
|
| Contributions |
$6,237.00 |
| Interest earned |
86.04 |
| Sales |
1,338.66 |
| Sales Tax |
45.73 |
| Total Income |
$7,661.70 |
| |
|
Expenses for 1997 |
|
| Museum artifacts |
$1,526.85 |
| Rent |
$1,200.00 |
| Convention |
1,239.38 |
| Office Supplies |
421.16 |
| Stock Supplies |
568.54 |
| Journal & Books |
1,968.41 |
| Mannufacture Supplies |
197.25 |
| Sales Tax |
132.56 |
| Miscellaneous |
3,285.22 |
| Petty Cash |
425.00 |
| Total Expense |
$10,964.17 |
| |
|
Balance for the year ending 1997 |
$1,953.25 |
Financial Report for 1998
Income for 1998 |
|
| Contributions |
$4,340.00 |
| Interest earned |
29.99 |
| Sales |
996.68 |
| Total Income |
5,366.67 |
| |
|
Expenses for 1998 |
|
| Museum artifacts |
$81.25 |
| Rent |
$1,300.00 |
| Convention |
1,132.20 |
| Office Supplies |
933.55 |
| Stock Supplies |
193.74 |
| Journal & Books |
1,010.67 |
| Sales Tax |
18.33 |
| Bank Charges |
210.20 |
| Miscellaneous |
2,201.94 |
| Total Expense |
$6,871.68 |
| |
|
Balance for the year ending 1998 |
$524.92 |
Financial Report for 1999
Income for 1999 |
|
| Contributions |
$1,387.73 |
| Interest earned |
1.58 |
| Sales |
257.33 |
| Sales Tax |
12.84 |
| Non-Cash Donations |
$0 |
| Total Income |
$1,659.48 |
| |
|
Expenses for 1999 |
|
| Rent |
$1,200.00 |
| Convention |
386.00 |
| Office Supplies |
53.07 |
| Journal & Books |
74.80 |
| Sales Tax |
53.94 |
| Credit Cards |
50.00 |
| Total Expense |
$1,817.81 |
| |
|
Balance for the year ending 1999 |
$1,817.81 |
Financial Report for 2000
Income for 2000 |
|
| Contributions |
$1,412.66 |
| Interest earned |
1.24 |
| Sales |
493.34 |
| Sales Tax |
11.54 |
| Non-Cash Donations |
$0 |
| Total Income |
$1,918.78 |
| |
|
Expenses for 2000 |
|
| Museum artifacts |
$0 |
| Rent |
$1,200.00 |
| Convention |
430.00 |
| Journal & Books |
41.90 |
| Sales Tax |
16.38 |
| Miscellaneous |
85.00 |
| Total Expense |
$1,773.28 |
| |
|
Balance for the year ending 2000 |
$1,773.28 |
Financial Report for 2001
Income for 2001 |
|
| Contributions |
$1,384.86 |
| Interest earned |
4.12 |
| Sales |
856.95 |
| Total Income |
$2,245.93 |
| |
|
Expenses for 2001 |
|
| Rent |
$1,200.00 |
| Convention |
285.00 |
| Supplies |
374.74 |
| Journal |
30.00 |
| Postage |
14.50 |
| Sales Tax |
40.27 |
| Total Expense |
$1,944.51 |
| |
|
Balance for the year ending 2001 |
$301.42 |
Financial Report for 2002
Income for 2002 |
|
| Contributions |
$1,944.36 |
| Sales |
5,255.76 |
| Sales Tax |
24.36 |
| Non-Cash Donations |
$1770.00 |
| Total Income |
$7,200.12 |
| |
|
Expenses for 2002 |
|
| Program Servies for Triassic Park |
2,401.42 |
| Rental(storage) |
1,200.00 |
| Sales Tax |
24.53 |
| Office Supplies |
298.43 |
| Postage |
159.15 |
| Liability Insurance |
99.30 |
| Advertisement |
139.08 |
| Magazine/Books/Membership |
113.88 |
| Bank Fees/Finance Charges |
352.63 |
| Convention Fees |
340.00 |
| Manufacturing Supplies |
2,078.79 |
| Total Expense |
$7,207.21 |
| |
|
Balance for the year ending 2002 |
$7,207.21 |
Financial Report for 2003
Income for 2003 |
|
| Contributions |
$420 |
| Sales |
8542.56 |
| Non-Cash Donations |
1,000 |
| Total Income |
$9,962.56 |
| |
|
Expenses for 2003 |
|
| Products |
1,960.10 |
| Materials |
590.09 |
| Supplies |
247.88 |
| Postage |
223.48 |
| Journals |
45.90 |
| Triassic Park |
443.84 |
| TP Insurance |
1,329.76 |
| Website |
80.00 |
| Rental |
1,200.00 |
| Adds |
35.00 |
| Conferences |
1,133.00 |
| Expeditions |
200.00 |
| Taxes |
66.63 |
| Credit Card |
700.00 |
| Insurance |
539.50 |
| Trash |
308.00 |
| Total Expense |
$9102.42 |
| |
|
Balance for the year ending 2003 |
$9102.42 |
Financial Report for 2004
Income for 2004 |
|
| Contributions |
210.00 |
| Sales |
7,666.54 |
| Non-Cash Donations |
1,000.00 |
| Total Income |
$8,876.54 |
| |
|
Expenses for 2004 |
|
| Insurance |
2,818.06 |
| Product & Materials |
3,183.78 |
| Postage |
355.41 |
| Taxes |
18.00 |
| Rental Space |
1,200.00 |
| Park Maintenance |
615.72 |
| Miscellaneous |
177.90 |
| Total Expense |
$8,370.87 |
| |
|
Balance for the year ending 2004 |
$8,370.87 |
Financial Report for 2005
Income for 2005 |
|
| Contributions |
335.00 |
| Sales |
10,116.25 |
| Sales Tax |
11.25 |
| Non-Cash Donations |
1,000.00 |
| Total Income |
$11,462.50 |
| |
|
Expenses for 2005 |
|
| Shipping Postage |
891.76 |
| Credit Card |
1,040.00 |
| Products |
3,085.56 |
| Insurance |
2,898.16 |
| Rent Garage |
1,200.00 |
| Supplies Office & Equipment |
548.13 |
| Conference Travel |
305.00 |
| Park |
267.76 |
| Museum Artifacts |
128.00 |
| Miscellaneous |
420.62 |
| Total Expense |
$10,784.99 |
| |
|
Balance for the year ending 2005 |
$10,784.99 |
Financial Report for 2006
Income for 2006 |
|
| Contributions |
$201,000.00 |
| Interest earned |
$9,701.76 |
| Sales |
$12,213.45 |
| Sales Tax |
$13.69 |
| Non-Cash Donations |
$5,000 |
| Sale of Property |
$200,000 |
| Closing costs |
-$4,544.00 |
| Total Income |
$429,296.62 |
| |
|
Expenses for 2006 |
|
| Museum artifacts |
$12,830.35 |
| Rent |
$1,100.00 |
| Convention & travel |
567.76 |
| Office Supplies |
385.20 |
| Stock Supplies |
1,676.91 |
| Materials |
6,532.66 |
| Journal & Books |
664.08 |
| Internet |
439.45 |
| Equipment |
2,022.71 |
| Insurance |
2,147.95 |
| Scholarships |
12,485 |
| Postage |
1,378.84 |
| Sales Tax |
7.39 |
| Bank Charges |
680.37 |
| Miscellaneous |
855.40 |
| Total Expense |
$43,466.04 |
| |
|
Balance for the year ending 2006 |
$373,136.85 |
Financial Report for 2007
Income for 2007 |
|
| Contributions |
$100.00 |
| Interest earned |
$17,039 |
| Sales |
$12,483 |
| Sales Tax |
0 |
| Non-Cash Donations |
$4,800 |
| Sale of Property |
0 |
| Closing costs |
0 |
| Total Income |
$34,422 |
| |
|
Expenses for 2007 |
|
| Museum artifacts |
$20,369 |
| Rent |
$1,200.00 |
| Convention & travel |
5,339 |
| Office Supplies |
1,527 |
| Stock Supplies |
0 |
| Materials |
0 |
| Journal & Books |
1,219 |
| Internet |
3,700 |
| Equipment |
4,204 |
| Insurance |
827 |
| Scholarships |
2,000 |
| Postage |
14 |
| Sales Tax |
7.39 |
| Bank Charges |
1,560 |
| Miscellaneous |
0 |
| Total Expense |
$41,905 |
| |
|
Balance for the year ending 2007 |
$323,026 |
IRS 990 Form 2007
Financial Report for 2008
Income for 2008 |
|
| Contributions (cash) |
$1,100.00 |
| Interest earned |
$9,607.19 |
| Sales |
$21,488.10 |
| Sales Tax |
$2.64 |
| Non-Cash Donations |
$4,100 |
| Sale of Property |
0 |
| Closing costs |
0 |
| Total Income |
$36,297.93 |
| |
|
Expenses for 2008 |
|
| Museum artifacts |
$5,701.86 |
| Rent |
$1,200.00 |
| Convention & travel |
$9,509.96 |
| Office Supplies |
$1,544.10 |
| Stock Supplies |
$3,091.85 |
| Materials |
$6,444.63 |
| Journals & Books |
$3,208.96 |
| Internet |
$5,004.75 |
| Equipment |
$6,180.81 |
| Insurance |
$756.00 |
| Scholarships |
$6,916.52 |
| Postage/Shipping |
$2,395.80 |
| Sales Tax |
$2.64 |
| Bank Charges |
$2,753.16 |
| Miscellaneous |
198.00 |
| Total Expense |
$54,906.40 |
| |
|
Balance for the year ending 2008 |
$304,417.53 |
IRS 990-EZ Form 2008
Financial Report for 2009
Income for 2009 |
|
| Contributions (cash) |
$300.00 |
| Interest earned |
$1,564.16 |
| Sales |
$17,136.69 |
| Sales Tax |
$1.60 |
| Non-Cash Donations |
$4,800 |
| Sale of Property |
0 |
| Shipping Products |
$2,385.52 |
| Total Income |
$26,191.12 |
| |
|
Expenses for 2009 |
|
| Museum artifacts |
$14,064.57 |
| Rent |
$1,110.00 |
| Convention & travel |
$6,010.01 |
| Office Supplies |
$1,149.86 |
| Stock Supplies |
$3,202.84 |
| Materials |
$4,678.62 |
| Journals,Books,&computer software |
$3,730.78 |
| Internet |
$2,423.38 |
| Equipment |
$5,669.17 |
| Insurance |
$827 |
| Scholarships |
$18,076.00 |
| Postage/Shipping |
$2,385.52 |
| Sales Tax |
$1.60 |
| Bank Charges |
$1,851.25 |
| Miscellaneous |
185.00 |
| Total Expense |
$65,365.60 |
| |
|
Balance for the year ending 2009 |
$260,443.05 |
IRS 990-EZ Form 2009
Financial Report for 2010
Income for 2010 |
|
| Contributions (cash) |
$305.00 |
| Interest earned |
$3,531.68 |
| Sales |
$23,135.88 |
| Sales Tax |
$6.89 |
| Non-Cash Donations |
$4,800 |
| Sale of Property |
0 |
| Shipping Products |
$3,158.77 |
| Total Income |
$34,938.22 |
| |
|
Expenses for 2010 |
|
| Museum artifacts |
$8,814.82 |
| Rent |
$1,300.00 |
| Convention & travel |
$23,965.73 |
| Office Supplies |
$399.16 |
| Stock Supplies |
$7,940.27 |
| Materials |
$7,117.00 |
| Journals,Books,&computer software |
$6,022.12 |
| Internet |
$617.16 |
| Equipment |
$13,699.06 |
| Insurance |
$1,843.00 |
| Scholarships |
$31,618.33 |
| Postage/Shipping |
$3,158.77 |
| Sales Tax |
$6.89 |
| Bank Charges |
$2.304.35 |
| Miscellaneous |
$85.35 |
| Total Expense |
$108,885.12 |
| |
|
Balance for the year ending 2010 |
$181,696.15 |
IRS 990-EZ Form 2010
Financial Report for 2011
Income for 2011 |
|
| Contributions (cash) |
$330.00 |
| Interest earned |
$2,047.14 |
| Sales |
$22,754.89 |
| Sales Tax |
$7.11 |
| Non-Cash Donations |
$4,800 |
| Sale of Property |
0 |
| Shipping Products |
$3,211.56 |
| Total Income |
$33,153.53 |
| |
|
Expenses for 2011 |
|
| Museum artifacts |
$3,360.04 |
| Rent |
$1,200 |
| Convention & travel |
$29,038.87 |
| Office Supplies |
$1,924.98 |
| Stock Supplies |
$10,618.99 |
| Materials |
$4,165.97 |
| Journals,Books,&computer software |
$3,071.10 |
| Internet |
$2,814.62 |
| Equipment |
$2,244.62 |
| Insurance |
$728.20 |
| Scholarships |
$11,437.00 |
| Postage/Shipping |
$3,211.56 |
| Sales Tax |
$7.11 |
| Bank Charges |
$1,963.44 |
| Consulting Fees |
$2,273.95 |
| Total Expense |
$78,060.45 |
| |
|
Balance for the year ending 2011 |
$131,989.23 |
IRS 990-EZ Form 2011
Financial Report for 2012
Income for 2012 |
|
| Contributions (cash) |
$452.41 |
| Interest earned |
$981.12 |
| Sales |
$26,191.80 |
| Non-Cash Donations |
4,650 |
| Shipping Products |
$3,653.64. |
| Sales Tax |
58.87 |
| |
|
| Total Income |
$35,987.84 |
| |
|
Expenses for 2012 |
|
| Museum artifacts |
$10,257.96 |
| Rent |
$1,100 |
| Convention & travel |
$22,014.72 |
| Office Supplies |
$3,437.22 |
| Stock Supplies |
$11,102.44 |
| Materials |
$7,193.32 |
| Journals,Books,&computer software |
$2,952.76 |
| Internet |
$1,090.55 |
| Equipment |
$619.31 |
| Insurance |
$3,402.80 |
| Scholarships |
$8,987.00 |
| Postage/Shipping |
$3,653.64 |
| Sales Tax |
$58.87 |
| Bank Charges |
$2,006.93 |
| Consulting Fees |
0 |
| Total Expense |
$77,877.52 |
| |
|
Balance for the year ending 2012 |
$85,449.55 |
IRS 990-EZ Form 2012
Financial Report for 2013
Income for 2013 |
|
| Contributions (cash) |
$658.00 |
| Interest earned |
$377.00 |
| Sales |
$33,031.00 |
| Non-Cash Donations |
4,800 |
| Shipping Products |
$6,272.00. |
| Sales Tax |
39.09 |
| |
|
| Total Income |
$45,177.09 |
| |
|
Expenses for 2013 |
|
| Museum artifacts |
$27,111.48 |
| Rent, & Utilities |
$8,120.47 |
| Convention & travel |
$16,007.06 |
| Office Supplies |
$3,477.91 |
| Stock Supplies |
$12,429.31 |
| Materials |
$4,379.18 |
| Journals,Books,&computer software |
$2,383.00 |
| Internet |
$361.25 |
| Equipment |
$7,018.54 |
| Insurance |
967.00 |
| Scholarships |
$8,050.00 |
| Shipping |
$6,272.00 |
| Sales Tax |
$39.09 |
| Bank Charges |
$1,509.18 |
| Advertizing |
$1,072.21 |
| Contractor Fees |
$6,394.00 |
| Total Expense |
$106,001.20 |
| |
|
Balance for the year ending 2013 |
$24,675.43 |
IRS 990-EZ Form 2013
Financial Report for 2014
Income for 2014 |
|
| Contributions (cash) |
$17,274.40 |
| Interest earned |
$5.29 |
| Sales |
$38,972.17 |
| Non-Cash Donations |
4,950.00 |
| Shipping Products |
$5,142.14 |
| Sales Tax |
118.48 |
| |
|
| Total Income |
$66,462.48 |
| |
|
Expenses for 2014 |
|
| Museum Expense |
$13,079.91 |
| Rent, & Utilities |
$11,318.74 |
| Convention & travel |
$3,807.90 |
| Office Supplies |
$1,341.88 |
| Stock Supplies |
$12,600.84 |
| Materials |
$6,693.15 |
| Journals,Books,&computer software |
$4,373.40 |
| Internet |
$2,539.55 |
| Equipment |
$2,746.83 |
| Insurance |
312.08 |
| Scholarships |
0 |
| Shipping |
$5,132.14 |
| Sales Tax |
$118.48 |
| Bank Charges |
$3,018.13 |
| Advertizing |
$3,036.00 |
| Contractor Fees |
0 |
| Total Expense |
$70.119.03 |
| |
|
Balance for the year ending 2014 |
$21,018.88 |
IRS 990-EZ Form 2014
Financial Report for 2015
Income for 2015 |
|
| Contributions (cash) |
$13,075.53 |
| Interest earned |
$2.08 |
| Sales |
$39,519.01 |
| Non-Cash Donations |
4,800.00 |
| Shipping Products |
$6,939.78 |
| Sales Tax |
1,168.60 |
| |
|
| Total Income |
$65,505.00 |
| |
|
Expenses for 2015 |
|
| Museum Expense |
$7,486.48 |
| Rent, & Utilities |
$12,029.29 |
| Convention & travel |
$5,106.41 |
| Office Supplies |
$3,275.28 |
| Stock Supplies |
$10,537.66 |
| Materials |
$7,770.17 |
| Journals,Books,&computer software |
$2,288.86 |
| Internet |
$753.39 |
| Equipment |
$897.71 |
| Insurance |
1,146.56 |
| Scholarships |
0 |
| Shipping |
$6,939.78 |
| Sales Tax |
$1,168.60 |
| Bank Charges |
$5,564.63 |
| Advertizing |
$3,069.29 |
| Contractor Fees |
0 |
| Total Expense |
$49,423.20 |
| |
|
Balance for the year ending 2015 |
$16,081.80 |
IRS 990-EZ Form 2015
Financial Report for 2016
Income for 2016 |
|
| Contributions (cash) |
$5,583 |
| Interest earned |
$2.11 |
| Sales |
$61,189.85 |
| Non-Cash Donations |
4,800.00 |
| Shipping Products |
$9,735.66 |
| Sales Tax |
211.45 |
| |
|
| Total Income |
$81,522.07 |
| |
|
Expenses for 2016 |
|
| Museum Expense |
$3,530.45 |
| Rent, & Utilities |
$11,987.69 |
| Convention & travel |
$4,287.76 |
| Office Supplies |
$4,716.81 |
| Stock Supplies |
$15,151.25 |
| Materials |
$6,026.73 |
| Journals,Books,&computer software |
$4,083.69 |
| Internet |
$2,416.68 |
| Equipment |
$619.98 |
| Insurance |
1,152.84 |
| Scholarships |
0 |
| Shipping |
$9,735.66 |
| Sales Tax |
$211.45 |
| Bank Charges |
$7,415.99 |
| Advertizing |
$1,067 |
| Miscellaneous Fees |
164.78 |
| Total Expense |
$73,177.00 |
| |
|
Balance for the year ending 2016 |
$8,345.07 |
IRS 990-EZ Form 2016
Financial Report for 2017
Income for 2016 |
|
| Contributions (cash) |
$20,912.04 |
| Interest earned |
$0 |
| Sales |
$53,617.82 |
| Non-Cash Donations |
$4,800.00 |
| Shipping Products |
$8,623.05 |
| Sales Tax |
$3,175.62 |
| |
|
| Total Income |
$86,328.53 |
| (non-cash not included) |
|
Expenses for 2017 |
|
| Museum Expense |
$8,351.18 |
| Rent, & Utilities |
$8,502.40 |
| Convention & travel |
$15,764.48 |
| Office Supplies |
$2,169.39 |
| Stock Supplies |
$21,775.95 |
| Materials |
$9,186.02 |
| Journals,Books,&computer software |
$3,150.36 |
| Internet |
$2,830.68 |
| Equipment |
$0 |
| Insurance |
$959.62 |
| Scholarships |
0 |
| Shipping |
$8,623.05 |
| Sales Tax |
$3,175..62 |
| Bank Charges |
$7,843.86 |
| Advertizing |
$4,526.52 |
| Miscellaneous Fees |
0 |
| Total Expense |
$67,100.36 |
| |
|
Balance for the year ending 2017 |
$19,228.17 |
IRS 990-EZ Form 2017
IRS 990-EZ Form 2018
IRS 990-EZ Form 2019
IRS 990-EZ Form 2020
IRS 990-EZ Form 2021
