Mars Society Inc

Analysis

Mars Society Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in June 1998, 28 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Mars Society Inc reported income of $250k and spending of $551k, spending 220% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $248k to $250k (+0.9%), an average of +0.3% a year. The sharpest change came in the year to March 2022, when income rose by 969%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mars Society Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Illinois Theatre Association ($250k), Evangelical Press Association Inc ($250k) and Muzik 3 Foundation Inc ($250k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $961k against liabilities of $428, net assets of $960k.