Nautilusthink Inc

Analysis

Nautilusthink Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2014, 12 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 (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 2022, Nautilusthink Inc reported income of $487k and spending of $496k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.1m to $487k (-57%), an average of -25% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nautilusthink Inc sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include National Symphony Orchestra Association of Washington D C ($487k), New Jersey Center for Civic & Law Related Education Inc ($487k) and Beta Beta Beta Biological Society ($487k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 38% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $208k (42% of expenses). At year end it held assets of $32k against liabilities of $259k, net assets of -$227k.