New England Complex Systems Institute Inc

Analysis

New England Complex Systems Institute Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New England Complex Systems Institute Inc reported income of $1.2m and spending of $1.4m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.2m (+21%), an average of +4.9% a year. The sharpest change came in the year to June 2023, when income rose by 481%. Over the whole period it spent 224% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New England Complex Systems Institute Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Young Musicians Foundation ($1.2m), American College of Musicians ($1.2m) and Humanities Kansas Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $172k (12% of expenses). Other salaries and wages came to $522k. At year end it held assets of $77k against liabilities of $4.0m, net assets of -$3.9m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.