Institute of Noetic Sciences

Analysis

Institute of Noetic Sciences is a registered charity in United States, based in Novato, CA. It received its IRS tax-exemption ruling in June 1973, 53 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Institute of Noetic Sciences reported income of $5.4m and spending of $3.6m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $5.4m (-6.1%), an average of -1.6% a year. The sharpest change came in the year to June 2022, when income rose by 206%. Over the whole period it spent 66% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute of Noetic 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 93rd percentile within CA. Charities of a similar size with the same main cause include American Phytopathological Society Inc ($5.4m), Openai Inc ($5.4m) and Public Broadcasting Foundation of Northwest Ohio ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $310k (8.6% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $17.9m against liabilities of $745k, net assets of $17.2m. It reported 29 employees.