GLOBAL ACADEMY OF SCIENCE AND ARTS

EIN: 920423130 501(c)(3) Arts, Culture & Humanities

Mountain View, CA

Total Revenue
$1,467,750
Total Expenses
$916,615
Total Assets
$736,415
Net Assets
$736,415
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
Ming Zhang
Phone
6506639050
Tax Period
2024-01-01 to 2024-12-31

GLOBAL ACADEMY OF SCIENCE AND ARTS, founded in 2022, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 141% from the prior year, signaling strong growth momentum. The organization ran a surplus of $551K, a strong 38% operating margin.

Mission

to provide an innovative education program by connecting aspiring entrepreneurs, investors and business executives with world leading educators, researchers and scientists in order to foster technical innovation, sustained entrepreneurship and academia-industry collaboration.

Program Service Accomplishments

Program 1
Expenses: $188,840 Revenue: $0

In 2023 and 2024, GASA expanded its reach in East Coast by introducing the Boston Program, aimed at creating a communication platform across various industries to connect leading entrepreneurs with...

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In 2023 and 2024, GASA expanded its reach in East Coast by introducing the Boston Program, aimed at creating a communication platform across various industries to connect leading entrepreneurs with top-tier scientists in life science. Similar to the SV program, the Boston Program featured interactive lectures, panel discussions, networking opportunities, and tours of renowned research institutions, like Harvard and MIT. The cost covered venue rentals, speaker fees, logistical arrangements, educational materials and other related expenses. The Boston program effectively addressed the geographic barrier to meeting the goals set by the SV program and received the same success. As a non-profit organization, GASA remains committed to fostering education, building meaningful connections, and advancing scientific progress.

Program 2
Expenses: $180,880 Revenue: $0

The Silicon Valley Program is an annual, high-impact science-focused gathering in the SF Bay Area organized by GASA (Global Academy of Science and Arts) .It is GASA's flagship program and serves as...

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The Silicon Valley Program is an annual, high-impact science-focused gathering in the SF Bay Area organized by GASA (Global Academy of Science and Arts) .It is GASA's flagship program and serves as the cornerstone of our initiatives. The SV program brought together thought leaders, researchers, and innovators from the SF Bay Area, Mainland China, Hongkong, Singapore and other regions in the US., to explore cutting-edge developments in material science, artificial intelligence, and space exploration, etc. Participants visited some of the region's most prestigious institutions, including Stanford University and UC Berkeley, where they engaged with leading researchers at interactive lectures, panel discussions and networking opportunities. GASA received tremendous positive feedback from participants, industry experts, and academic leaders. The success of the SV program has positioned GASA as a leading model for global science engagement. The total cost of running the program includes venue rentals, speaker fees, logistics, and educational materials. This investment supports GASA's mission to promote scientific literacy, innovation, and global collaboration.

Program 3
Expenses: $137,407 Revenue: $0

In late November 2024, as a non-profit organization, GASA successfully held the Japan Program. Centered on academic exchanges and interactions between the scientific and business communities, it...

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In late November 2024, as a non-profit organization, GASA successfully held the Japan Program. Centered on academic exchanges and interactions between the scientific and business communities, it attracted 50 entrepreneurs from various fields like tech and healthcare, and nearly 15 scientific professors from life science, materials science, and social science. During the event, professors from top Japanese universities shared the latest research on gene editing, advanced materials, and digital transformation's social impact, followed by in-depth Q&A. There were panel discussions on commercializing research and industrial applications of new materials. Networking events provided opportunities for cooperation exploration, and visits to top - tier institutions allowed participants to see advanced labs and communicate with researchers. As a result of this program, entrepreneurs gained a better understanding of the world's most cutting edge scientific advancements and cultivated scientific thinking. This not only enhanced their own knowledge but also empowered them to contribute to the dissemination of science. With the entrepreneurs acting as bridges, the benefits of scientific progress can reach a wider audience, ultimately benefiting more people in society.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,467,750
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,467,750

Expense Breakdown

Grants Paid $109,610
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $896,617
Other Expenses $807,005
TOTAL EXPENSES $916,615

Year-over-Year Comparison

2024 2023 Change
Revenue $1,467,750 $608,718 +1.4%
Expenses $916,615 $721,119 +0.3%
Net Income $551,135 $-112,401 -5.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ming Zhang Director 1
Director
$0 $0 $0
Tom Zhang Officer 1
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,467,750 $916,615 $736,415 $551,135
2024 $1,467,750 $916,615 $736,415 $551,135
2023 $608,718 $721,119 $185,280 $-112,401
2023 $608,718 $721,119 $185,280 $-112,401
2022 $700,000 $402,319 $547,681 $297,681
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