Academy of Science and Engineering

Analysis

Academy of Science and Engineering is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in November 2013, 13 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 December 2023, Academy of Science and Engineering reported income of $81k and spending of $124k, spending 153% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $97k to $81k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 141% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Academy of Science and Engineering sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within NV. Charities of a similar size with the same main cause include Raymore Historical Society ($81k), Arts Accelerator Inc ($81k) and Travis Air Force Base Aviation Museum Foundation ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $32k against liabilities of $95k, net assets of -$63k.