Center for Open Science

Analysis

Center for Open Science is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in February 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Open Science reported income of $8.1m and spending of $7.5m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $8.1m (+48%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Open Science sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Far Ai Inc ($8.1m), Chicago Childrens Museum ($8.1m) and Hartford Stage Company ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. Compensation of current officers, directors and key employees was $230k (3.1% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $14.2m against liabilities of $9.5m, net assets of $4.6m. It reported 55 employees.