Lake Erie Junior Nature & Science Center

Analysis

Lake Erie Junior Nature & Science Center is a registered charity in United States, based in Bay Village, OH. It received its IRS tax-exemption ruling in April 1953, 73 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 June 2023, Lake Erie Junior Nature & Science Center reported income of $1.8m and spending of $1.3m, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.5m to $1.8m (+14%), an average of +4.5% a year. The sharpest change came in the year to June 2022, when income rose by 41%. 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, Lake Erie Junior Nature & Science Center sits at the 91st percentile: it is larger than about 91% 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 Sunwork Renewable Energy Projects ($1.8m), Burritt Museum Association Inc ($1.8m) and Isev Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $103k (8.2% of expenses). Other salaries and wages came to $575k. At year end it held assets of $7.5m against liabilities of $234k, net assets of $7.3m. It reported 30 employees.