State Science and Technology Institute

Analysis

State Science and Technology Institute is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in February 2002, 24 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 December 2023, State Science and Technology Institute reported income of $2.0m and spending of $2.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, State Science and Technology Institute sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include Arts & Learning Corporation ($2.0m), Worcester Historical Museum ($2.0m) and Shift Design Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $366k (18% of expenses). Other salaries and wages came to $741k. At year end it held assets of $890k against liabilities of $305k, net assets of $585k. It reported 19 employees.