Lancaster Science Center

Analysis

Lancaster Science Center is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in September 2005, 21 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 2023, Lancaster Science Center reported income of $1.3m and spending of $1.4m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lancaster Science Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Boston Landmarks Orchestra Inc ($1.3m), Firstworks ($1.3m) and Bentonville Christian Academy ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $209k (14% of expenses). Other salaries and wages came to $409k. At year end it held assets of $3.6m against liabilities of $85k, net assets of $3.6m. It reported 19 employees.