American Type Culture Collection

Analysis

American Type Culture Collection is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in March 1947, 79 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, American Type Culture Collection reported income of $177.1m and spending of $160.0m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $110.7m to $177.1m (+60%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 60%. 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, American Type Culture Collection sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within VA. Charities of a similar size with the same main cause include Salk Institute for Biological Studies ($173.7m), Sesame Workshop ($186.9m) and Rfe-Rl Inc ($170.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.7% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $7.1m (4.4% of expenses). Other salaries and wages came to $52.9m. At year end it held assets of $238.3m against liabilities of $65.8m, net assets of $172.5m. It reported 755 employees.