SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2020
Open to Public
Inspection
Name of the organization
UNITED STATES SPACE FOUNDATION
 
Employer identification number

31-1653556
Return Reference Explanation
FORM 990, PART III, LINE 3 POSTPONEMENT AND SUBSEQUENT CANCELLATION OF SPRING SPACE SYMPOSIUM
FORM 990, PART VI, SECTION A, LINE 1A DELEGATION OF AUTHORITY TO AN EXECUTIVE COMMITTEE: DIRECTORS SHALL DESIGNATE AND APPOINT AN EXECUTIVE COMMITTEE, WHICH SHALL CONSIST OF NO LESS THAN THREE DIRECTORS AND NO MORE THAN SIX, INCLUDING THE CHAIRPERSON AND THE VICE CHAIRPERSON, SECRETARY AND TREASURER OF THE CORPORATION, WHICH UNLESS OTHERWISE SPECIFIED BY THE BOARD OF DIRECTORS, SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE CORPORATION DURING THE INTERVALS BETWEEN MEETINGS; PROVIDED, HOWEVER, THAT SUCH COMMITTEE SHALL NOT HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS IN REFERENCE TO AMENDING, ALTERING, OR REPEALING THE BYLAWS; ELECTING, APPOINTING, OR REMOVING ANY DIRECTOR OF THE CORPORATION; AMENDING THE ARTICLES OF INCORPORATION; ADAPTING A PLAN OF MERGER OR ADOPTING A PLAN OF CONSOLIDATION WITH ANOTHER CORPORATION; AUTHORIZING THE SALE, LEASE, EXCHANGE, OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE CORPORATION; AUTHORIZING THE VOLUNTARY DISSOLUTION OF THE CORPORATION OR REVOKING PROCEEDINGS THEREFORE; OR AMENDING, ALTERING, OR REPEALING ANY RESOLUTION THE BOARD OF DIRECTORS WHICH BY ITS TERMS PROVIDES THAT IT SHALL NOT BE AMENDED, ALTERED, OR REPEALED BY SUCH COMMITTEE. THE DESIGNATION AND APPOINTMENT OF ANY SUCH COMMITTEE AND THE DELEGATION THERETO OF AUTHORITY SHALL NOT OPERATE TO RELIEVE THE BOARD OF DIRECTORS OR ANY INDIVIDUAL DIRECTOR, OF ANY RESPONSIBILITY IMPOSED UPON IT OR HIM BY LAW.
FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS: THE ANNUAL IRS FORM 990 IS PREPARED EACH YEAR BY THE FOUNDATION'S INDEPENDENT AUDIT FIRM FROM RELEVANT INFORMATION PROVIDED BY THE FOUNDATION'S TEAM MEMBERS. THE CFO REVIEWS THE FIRST DRAFT OF THE 990 TAX RETURN AND RETURNS IT WITH CORRECTIONS, EDITS, OR COMMENTS TO THE AUDIT FIRM. AFTER REVIEW AND REVISION BY THE AUDIT FIRM, THE CFO FORWARDS AN UPDATED DRAFT TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW. AFTER REVIEW AND APPROVAL BY THE FINANCE COMMITTEE, THE PREPARER (AUDIT FIRM) FINALIZES THE TAX RETURN FOR FILING AND PROVIDES A COPY OF THE FINAL FORM 990 TO THE CFO. THE CFO PROVIDES A COPY OF THE FINAL FORM 990 (IN ELECTRONIC FORM) TO EACH MEMBER OF THE BOARD OF DIRECTORS. AFTER THE CFO AND/OR THE AUDIT FIRM (AS NECESSARY) ADEQUATELY ADDRESS ANY QUESTIONS OR ISSUES RAISED BY ANY MEMBERS OF THE BOARD OF DIRECTORS WITH RESPECT TO THE FINAL FORM 990, THE CFO SIGNS THE RETURN AND FILES WITH THE IRS BY APPROPRIATE MEANS (MAIL, ELECTRONIC FILING, ETC.)
FORM 990, PART VI, SECTION B, LINE 12C DESCRIBE HOW CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED: BOARD MEMBERS AND DISQUALIFIED PERSONS ARE COVERED BY THE CONFLICT OF INTEREST POLICY. THE CFO REVIEWS REPORTED CONFLICTS AND BRINGS THEM TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD. THE INDIVIDUAL WILL RECUSE HIM/HERSELF FROM DISCUSSION AND VOTING ON ANY MATTER WHERE A CONFLICT IS IDENTIFIED.
FORM 990, PART VI, SECTION B, LINE 15A AND 15B DESCRIBE PROCESS FOR DETERMINING OFFICER AND KEY EMPLOYEE COMPENSATION: THE COMPENSATION COMMITTEE OF THE BOARD CONSULTS WITH AN OUTSIDE CONTRACTOR WHO CONDUCTS A MARKET SURVEY. ALL DELIBERATIONS ARE DOCUMENTED IN THE MEETING MINUTES AND COPIES ARE KEPT IN EMPLOYEE FILES. THE LAST COMPENSATION STUDY WAS CONDUCTED IN 2016 FOR ALL OFFICERS AND KEY EMPLOYEES. AN INTERIM SURVEY WAS TAKEN BY THE INTERNAL HR DEPARTMENT IN 2019 AND SOME MINOR ADJUSTMENTS WERE AUTHORIZED BY THE EXECUTIVE COMMITTEE BASED ON THOSE RESULTS. NO CHANGES WERE MADE IN 2020 or 2021.
FORM 990, PART VI, SECTION C, LINE 19 DESCRIBE HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC: THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MAY BE PROVIDED TO THE PUBLIC UPON REQUEST.
FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING TOTAL FEES:1104491
FORM 990 PART IX LINE 11G DESCRIPTION:RESEARCHERS TOTAL FEES:45500
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2020


Additional Data


Software ID:  
Software Version: