Frank Chapman Memorial Institute Inc

Analysis

Frank Chapman Memorial Institute Inc is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Frank Chapman Memorial Institute Inc reported income of $267k and spending of $369k, spending 138% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $590k to $267k (-55%), an average of -55% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frank Chapman Memorial Institute Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Country Day School Headmasters ($267k), De Lasting Purpose Foundation ($267k) and Lunenburg County Public Library System Incorporated ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (11% of expenses). Other salaries and wages came to $61k. At year end it held assets of $148k against liabilities of $2,821, net assets of $145k. It reported 17 employees.