Ohio Academy of Science

Analysis

Ohio Academy of Science is a registered charity in United States, based in Dublin, OH. It received its IRS tax-exemption ruling in July 1943, 83 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ohio Academy of Science reported income of $1.7m and spending of $1.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $779k to $1.7m (+123%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 81%. 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, Ohio Academy of Science sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include Oyster Museum Inc ($1.7m), Historic Denver Inc ($1.7m) and The Museum for African Art ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $89k (5.2% of expenses). Other salaries and wages came to $295k. At year end it held assets of $1.7m against liabilities of $1.3m, net assets of $385k. It reported 8 employees.