Contemporary Science Center

Analysis

Contemporary Science Center is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Contemporary Science Center reported income of $6.8m and spending of $6.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.8m (+17%), an average of +4.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Contemporary Science Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include National Association of Housing & Redevelopment Officials ($6.8m), Louisiana Assn for the Blind Inc ($6.8m) and Rome Hospital Foundation Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $256k (3.8% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $12.3m against liabilities of $9.9m, net assets of $2.4m. It reported 95 employees.