Mriglobal

Analysis

Mriglobal is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 1946, 80 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 September 2023, Mriglobal reported income of $119.6m and spending of $112.9m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $109.0m to $119.6m (+9.8%), an average of +2.4% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mriglobal sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include California Institute of the Arts ($119.6m), American Association for the Advancement of Science ($123.2m) and American Physical Society ($118.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $4.6m (4.0% of expenses). Other salaries and wages came to $36.8m. At year end it held assets of $148.6m against liabilities of $45.8m, net assets of $102.8m. It reported 538 employees.