Catawba Science Center Inc

Analysis

Catawba Science Center Inc is a registered charity in United States, based in Hickory, NC. It received its IRS tax-exemption ruling in November 1974, 52 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 June 2024, Catawba Science Center Inc reported income of $2.4m and spending of $2.1m, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $2.4m (+107%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Catawba Science Center Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within NC. Charities of a similar size with the same main cause include Nassau County Museum of Art ($2.4m), Kimball Art Center ($2.4m) and The Chicago Philharmonic Society ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 45% of the total. Other salaries and wages came to $968k. At year end it held assets of $9.3m against liabilities of $146k, net assets of $9.2m. It reported 94 employees.