Association of Science-Technology Centers Incorporated

Analysis

Association of Science-Technology Centers Incorporated is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1995, 31 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, Association of Science-Technology Centers Incorporated reported income of $5.4m and spending of $5.5m, spending 102% of its income. Across the 6 years on record, from March 2019 to December 2023, income fell from $5.7m to $5.4m (-4.2%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of Science-Technology Centers Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Woodstock Courthouse Historic Preservation Fund Inc ($5.4m), Museum of Glass ($5.4m) and Embassy Theatre Foundation Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $488k (8.8% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.7m against liabilities of $2.6m, net assets of $2.1m. It reported 22 employees.