Noblis Inc

Analysis

Noblis Inc is a registered charity in United States, based in Reston, VA. It received its IRS tax-exemption ruling in January 1996, 30 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 September 2023, Noblis Inc reported income of $535.7m and spending of $517.5m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $294.5m to $535.7m (+82%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Noblis Inc 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 Association of Universities for ($420.9m), Public Broadcasting Service ($544.0m) and Sri International ($409.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $4.4m (0.8% of expenses). Other salaries and wages came to $268.4m. At year end it held assets of $376.8m against liabilities of $120.1m, net assets of $256.7m. It reported 2,381 employees.