Cleveland Museum of Natural History

Analysis

Cleveland Museum of Natural History is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 1930, 96 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cleveland Museum of Natural History reported income of $21.4m and spending of $19.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.9m to $21.4m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 48%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cleveland Museum of Natural History sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Independent Television Service Inc ($21.3m), Columbia River Maritime Museum Inc ($21.4m) and Phillips Collection ($21.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $1.2m (6.1% of expenses). Other salaries and wages came to $6.5m. It paid $119k in professional fundraising fees. At year end it held assets of $384.5m against liabilities of $87.0m, net assets of $297.5m. It reported 171 employees.