Pasteur Foundation

Analysis

Pasteur Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1952, 74 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 December 2023, Pasteur Foundation reported income of $678k and spending of $1.0m, spending 155% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $678k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 233%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pasteur Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Opera Montana ($678k), Connect2culture ($678k) and Motus Theater ($678k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $230k (22% of expenses). At year end it held assets of $1.8m against liabilities of $19k, net assets of $1.8m. It reported 1 employees.