Scholars Strategy Network

Analysis

Scholars Strategy Network is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover social science, 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, Scholars Strategy Network reported income of $4.1m and spending of $2.9m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $4.1m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Scholars Strategy Network sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Boardsource ($4.1m), Indianapolis Art Center Inc ($4.1m) and Lambs Players Theatre ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.3% of the total. Compensation of current officers, directors and key employees was $165k (5.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $6.0m against liabilities of $133k, net assets of $5.9m. It reported 29 employees.