Science Mill

Analysis

Science Mill is a registered charity in United States, based in Johnson City, TX. It received its IRS tax-exemption ruling in August 2012, 14 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 December 2023, Science Mill reported income of $2.2m and spending of $2.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Science Mill sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include State of Alabama Ballet Inc ($2.2m), National Security Space Association Inc ($2.3m) and Shell Museum and Educational Foundation Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $152k (6.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.1m against liabilities of $277k, net assets of $3.8m. It reported 116 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.