The Science Center is dedicated to helping innovators and entrepreneurs bring world-changing technologies to market. It is our vision to fuel and support discoveries that solve problems for the entire world, inspire and connect the next generation of scientists, and establish Philadelphia as a global innovation city.

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Financials
Financials

Consolidated statement of activities (from core businesses) year ended December 31, 2017

REVENUES
Research park operations
$17,818,000
Government, corporate & individual grants
$1,690,000
Incubator operations
$1,546,000
Other revenues
$1,073,000
Total revenues
$22,127,000
EXPENSES
Research park operations
$11,394,000
Program costs
$6,033,000
Supporting services
$5,586,000
Total Expenses
$23,013,000
Net Non-Operating Revenues (Expenses)
-$618,000
Net Decrease in Net Assets
-$1,504,000

2017 SOURCES OF REVENUE

Research park operations
Government, corporate & individual grants
Incubator operations
Other revenues
$22,127,000

2017 PROGRAM COSTS

Port Business Incubator
Phase 1 Ventures
Digital Health Accelerator
Keystone Innovation Zone
Quorum
QED
FirstHand
$6,033,000

The information above was extracted from the University City Science Center and Subsidiaries December 31, 2017 audited financial statements prepared by EisnerAmper LLP, which are available upon request.