Stamford Museum and Nature Center Incorporated

Analysis

Stamford Museum and Nature Center Incorporated is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in April 1952, 74 years ago. Its declared purposes cover arts, culture and humanities, 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, Stamford Museum and Nature Center Incorporated reported income of $5.0m and spending of $5.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.6m to $5.0m (-10%), an average of -2.7% a year. The sharpest change came in the year to June 2020, when income dropped by 38%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Stamford Museum and Nature Center Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within CT. Charities of a similar size with the same main cause include Woolly Mammoth Theatre Co ($5.0m), Omaha Childrens Museum Inc ($5.0m) and Driehaus Design Initiative ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $377k (7.6% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $11.8m against liabilities of $769k, net assets of $11.0m. It reported 103 employees.