Buffalo Society of Natural Sciences

Analysis

Buffalo Society of Natural Sciences is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in June 1935, 91 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 September 2023, Buffalo Society of Natural Sciences reported income of $5.5m and spending of $6.4m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.8m to $5.5m (-5.9%), an average of -1.5% a year. The sharpest change came in the year to September 2021, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Buffalo Society of Natural Sciences 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 NY. Charities of a similar size with the same main cause include Redlands Historical Museum Association ($5.5m), North Atlantic Books ($5.5m) and Childrens Theatre of Charlotte Inc ($5.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 45% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $518k (8.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $25.5m against liabilities of $991k, net assets of $24.5m. It reported 113 employees.