National Institute of Statistical Sciences

Analysis

National Institute of Statistical Sciences is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1992, 34 years ago. Its declared purposes cover social science, 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 2023, National Institute of Statistical Sciences reported income of $1.2m and spending of $1.5m, spending 123% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.7m to $1.2m (-28%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 29%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Institute of Statistical Sciences 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 58th percentile within DC. Charities of a similar size with the same main cause include Honolulu Festival Foundation ($1.2m), Lantern Theater Company ($1.2m) and Art Colony Association Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $262k (17% of expenses). Other salaries and wages came to $604k. At year end it held assets of $5.8m against liabilities of $2.6m, net assets of $3.2m. It reported 11 employees.