2024-12-15T10:59:46-07:00 2023-12-31 990 2023-01-01 161482563 CENTER FOR TECHNOLOGY & INNOVATION INC CENT 6077238600 321 Water Street Binghamton NY 13901 Susan Sherwood Executive Director 6077238600 2024-12-15 1 2023 2024-10-15 13:58:12Z Center for Technology and Innovation 321 Water Street Binghamton NY 13901 35089 0 X www.ctandi.org X 1994 NY Showcase Upstate NY innovations - past & present, for the future. 0 0 0 125 0 0 124129 33873 1043 1216 0 0 0 0 125172 35089 0 0 0 0 5100 6600 0 0 0 78062 82386 83162 88986 42010 -53897 1426076 1374472 83300 83300 1342776 1291172 X To document and present in context the inventions and industrial innovations of New York's Southern Tier. 0 0 5856 500 0 Collection Management: IBM and Link/L3/Lockheed Martin veterans keep Artifacts in Action in working order - especially IBM 1403 mainframe and GP Link General Aviation Trainers. Volunteers and Binghamton University students are cataloging and organizing storage of artifacts and archives, including the collection of Harvey Roehl papers. Expenses are about equally divided between restoration costs, artifact purchase, and artifact transportation. The results of this effort contribute to the TechWorks! visitor experience, but do not represent an independent revenue stream. 8307 400 1229 Outreach/Events - TechWorks! co-hosts the annual Binghamton Bridge Pedal with Southern Tier Bicycle Club, Binghamton Metropolitan Transportation Study (BMTS) and Broome County Planning Department. Routine events at TechWorks! include group visits by schools, retiree groups, and professional societies; Python and Unity software classes for teens and adults; as well as on-campus lectures for Binghamton University Computer Science and History of Technology classes. 28832 17273 0 TechWorks! Development - Engineering services and interim repairs continue to stabilize existing structure for warehouse, workshops, and office. Development of TechWorks! Next Gen galleries depend on successful fundraising efforts. This is not yet a revenue generating activity. 0 0 0 42995 1 1 0 0 0 0 0 1 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 NY X Center for Technology & Innovation 6077238600 321 Water Street Binghamton NY 13901 Susan Sherwood Executive Director 25 X 6600 0 0 Mark Kreibel Board Member 1 X 0 0 0 Erik Antonsson Board Member 0.5 X 0 0 0 Frank Cardullo Board Member 0.5 X 0 0 0 Farouk El-baz Board Member 0.5 X 0 0 0 Frank Hughes Board Member 0.5 X 0 0 0 Kenneth Mansfield Board Member 0.5 X 0 0 0 Emily V Wade Board Member 0.5 X 0 0 0 6600 0 0 0 0 0 0 0 0 0 0 0 0 33873 0 33873 Event Revenue 712110 663 663 0 0 Sales Revenue 712110 553 553 0 0 0 0 0 0 1216 0 0 0 0 0 0 35089 1216 0 0 X 0 0 0 0 0 0 0 0 6600 0 6600 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 31703 23507 8196 0 225 225 0 0 7405 4333 3072 0 5952 63 5889 0 0 0 0 0 18027 6180 11847 0 5003 2317 2686 0 0 0 0 0 876 834 42 0 0 0 0 0 0 0 0 0 0 0 0 0 6145 0 6145 0 Collection Acquisiton 1948 1948 0 0 Food and Beverage 3834 2377 1457 0 Artifact Transport 1268 1211 57 0 88986 42995 45991 0 63535 6046 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 538712 0 533155 538712 0 0 87884 81826 0 0 0 0 741502 747888 1426076 1374472 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 83300 83300 83300 83300 X 1342776 1291172 0 0 1342776 1291172 1426076 1374472 X -53897 0 0 0 0 2293 X 0 0 0 X 93780 79634 169991 124129 33873 501407 4081 3344 2642 1043 1216 12326 97861 82978 172633 125172 35089 513733 0 0 0 0 0 0 513733 97861 82978 172633 125172 35089 513733 1 1 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33873 1374472 0 0 X X X 0 477202 0 477202 61510 0 0 61510 0 0 0 0 0 0 0 0 0 0 0 0 538712 MRK Merck 70863 F MTRN - Materion 1692 F IBM International Business Machines 9159 F Liquid Insured Deposits 112 F 81826 Collection values of 12/31/2022 741502 Purchased and donated artifacts in 2023 6386 747888 EIDL loan for 30 years 83300 83300 Schedule D, Part III, Line 4 The Center's collection is central to its mission which is - to document and present in context the inventions and industrial innovations of New York's Southern Tier. For Southern Tier companies the Center's archives include technical data - documents, photos, multi-media - from invention to patent to manufacturing to competitive bid documents to customers' use to scholarly history of technology publications. The artifact collection preserves the physical heritage o and presents the How and Why of the region's pioneering advances. Highlights of the Center's Artifacts in Action experiences include operational 1960s IBM mainframes and printers to create banners and predigital selfies; flights in Link pilot trainers from the 1940s, 1960s, 1990s, and a recent Lockheed Martin helicopter trainer; playing mechanical musical instruments and vintage video games powered by IBM Endicott designed chips. X 1500 Estimated Fair Market Value X 4 81826 End of Year Market Value X 150 3000 Estimated Fair Market Value 0 0 0 0 Form 990, Part III, Line 4d Designed and development of TechWorks! at 321 Water St, Binghamton, NY to showcase Upstate NY industries receive copies of Center's revenue and expense reports throughout the operating year and innovations - past, present and future. Form 990, Part VI, Section A, Line 8b The Center has no committees that authorized to act on behalf of the Center. Committees are advisory - reporting and making recommendations to the Board. Form 990, Part VI, Section B, Line 11b Board officers review IRS Form 990 and NYS CHAR 500 forms prior to submittal. Board members received copies of Center's revenue and expense reports throughout the year. Form 990, Part VI, Section C, Line 19 Financial documents, including IRS 990s, are reported on the organization's website www.ctandi.org Form 990, Part IX, Line 11g Bank fees include interest on SBA gov't loan Other services - A/E and out of town museum consultants from Atlanta, Kansas City, Washington DC Form 990, Part XI, Line 9 Center's parking lots are provided to Binghamton Philharmonic musicians for performances and rehearsals at an estimate value of $200 per month, depending on number of events. Center management in NYU for frequent medical treatment in 2023/24; plus accounting team leader out of country for Sept - Nov 2024 due to death in family.