Natural History Museum of the Adirondacks

Analysis

Natural History Museum of the Adirondacks is a registered charity in United States, based in Tupper Lake, NY. It received its IRS tax-exemption ruling in June 1999, 27 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 December 2023, Natural History Museum of the Adirondacks reported income of $5.7m and spending of $6.4m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $5.7m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Natural History Museum of the Adirondacks 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 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include California State Railroad Museum Foundation Inc ($5.7m), Union Arts Center ($5.7m) and Gloucester Marine Genomics Institute Incorporated ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $225k (3.5% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $33.0m against liabilities of $618k, net assets of $32.4m. It reported 110 employees.