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Nonprofit · EIN 41-1625917

OPPORTUNITIES IN SCIENCE INC

Also known as HEADWATERS SCIENCE CENTER

Tax-exempt · BEMIDJI, MN 56601

Financials

$681K$483K2023$461K$477K2024
Revenue Expenses · by fiscal year end
Financials of OPPORTUNITIES IN SCIENCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$461,028$476,799-$15,771$814,011$150,276$663,735
December 31, 2023990$680,725$482,676$198,049$794,480$151,631$642,849
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$249,671
of which government grants
$45,190
Membership dues
$66,048
Program service revenue
$161,773
Investment income
$8,395
Net income from fundraising events
$24,456
Net income from sales of inventory
$16,733
Other revenue
$41,189

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$52,141
Other salaries and wages
$262,022
Salaries, compensation and benefits (total)
$340,779
Professional fundraising fees
$0
Accounting fees
$11,788
Occupancy
$21,688
Depreciation
$24,428
Program services (functional)
$443,719
Management and general (functional)
$32,726
Fundraising (functional)
$354

Balance sheet and other

Total assets, start of year
$794,480
Total assets, end of year
$814,011
Total liabilities, end of year
$150,276
Net assets, end of year
$663,735
Land, buildings and equipment
$422,474
Publicly traded securities
$330,271
Net assets without donor restrictions
$663,735
Gross receipts
$486,714
Employees
25
Volunteers
65
Year formed
1994
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LEE FURUSETHEXECUTIVE DI
Officer
40$52,141
DON CARLSONDIRECTOR
Trustee or director
2$0
GREGORY DROBADIRECTOR
Trustee or director
2$0
JAMES EKSTROMPAST CHAIR
Trustee or director, Officer
2$0
JOE FURUSETHSECRETARY
Trustee or director, Officer
5$0
MIKE JONESTREASURER
Trustee or director, Officer
5$0
CHLOE KEPRIOSDIRECTOR
Trustee or director
2$0
JENNA O'DELLCHAIR
Trustee or director, Officer
5$0
JENNY O'NEILLDIRECTOR
Trustee or director
2$0
JESSE VARPNESSDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
LEE FURUSETHEXECUTIVE DI
Officer
40$48,079
DON CARLSONDIRECTOR
Trustee or director
2$0
GREGORY DROBADIRECTOR
Trustee or director
2$0
JAMES EKSTROMPRESIDENT
Trustee or director, Officer
5$0
JOE FURUSETHSECRETARY
Trustee or director, Officer
5$0
MIKE JONESTREASURER
Trustee or director, Officer
5$0
CHLOE KEPRIOSDIRECTOR
Trustee or director
2$0
JENNA O'DELLVICE PRES
Trustee or director, Officer
5$0
JENNY O'NEILLDIRECTOR
Trustee or director
2$0
TRAVIS RICKSDIRECTOR
Trustee or director
2$0
JESSE VARPNESSDIRECTOR
Trustee or director
2$0
CAMILLE WILLIAMSDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
413 BELTRAMI AVE NW, BEMIDJI, MN 56601-3106
Principal officer (990 for 2024)
LEE FURUSETH, 413 BELTRAMI AVE NW, BEMIDJI, MN 56601
Signed the 990
LEE FURUSETH, EXECUTIVE DIRECTOR
Phone
(218) 444-4472
Return prepared by
KBA PETERSON ASSOCIATES INC

Mission

TO PROVIDE INTELLECTUAL STIMULATION AND ENJOYMENT FOR CHILDREN, ADULTS, AND EDUCATIONAL ORGANIZATIONS IN NORTHERN MINNESOTA USING HANDS-ON SCIENCE AND TECHNOLOGY EXHIBITS AND PROGRAMS.

990 for the year ended December 31, 2024

Program accomplishments

  • SCIENCE CENTER: THE EXHIBIT FLOOR IS OPEN 325 DAYS PER YEAR FOR A TOTAL OF 2323 OPERATING HOURS. THE EXHIBIT FLOOR IS 7,500 SQUARE FEET AND CONTAINS OVER 40 EXHIBITS. THE SCIENCE CENTER SERVES 17 COUNTIES IN NORTHERN MINNESOTA.
    revenue $116,167
  • SCIENCE EDUCATION: AREA STUDENTS ARE SERVED THROUGH ONSITE VISITS TO HEADWATERS SCIENCE CENTER AND PARTICIPATE IN OUTREACH DEMONSTRATIONS AND ACTIVITIES.
    revenue $45,606
  • SCIENCE CENTER STORE PROVIDES AN OPPORTUNITY TO PURCHASE A SCIENCE-RELATED ITEM. OPEN TO THE PUBLIC AND AVAILABLE TO VISITORS. THERE ARE ITEMS IN ALL PRICE RANGES FROM SMALL ITEMS TO SCIENCE KITS.
    Expenses $30,315 · revenue $42,419

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
41-1625917
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$814,011
Income (IRS master file)
$486,714

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$461,028$476,799$814,011XML
990December 2023$680,725$482,676$794,480XML
990December 2022$411,661$373,711$560,887IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1625917).

Questions about OPPORTUNITIES IN SCIENCE INC

What is the EIN of OPPORTUNITIES IN SCIENCE INC?
The employer identification number (EIN) of OPPORTUNITIES IN SCIENCE INC is 41-1625917.
Is OPPORTUNITIES IN SCIENCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to OPPORTUNITIES IN SCIENCE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OPPORTUNITIES IN SCIENCE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of OPPORTUNITIES IN SCIENCE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OPPORTUNITIES IN SCIENCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of OPPORTUNITIES IN SCIENCE INC?
The 990 for the year ended December 31, 2024 names LEE FURUSETH.
Who are the officers and directors of OPPORTUNITIES IN SCIENCE INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $52,141 (LEE FURUSETH, EXECUTIVE DI).
How much revenue does OPPORTUNITIES IN SCIENCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $461,028, expenses of $476,799 and total assets of $814,011 at year end.

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