Aurora Fossil Museum Foundation Inc

Analysis

Aurora Fossil Museum Foundation Inc is a registered charity in United States, based in Aurora, NC. It received its IRS tax-exemption ruling in June 2002, 24 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, Aurora Fossil Museum Foundation Inc reported income of $603k and spending of $587k, spending 97% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $343k to $603k (+76%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aurora Fossil Museum Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Minnesota Prison Writing Workshop ($603k), Open Lunar Foundation ($603k) and Musica Angelica ($603k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. Other salaries and wages came to $168k. At year end it held assets of $758k against liabilities of $4,633, net assets of $754k. It reported 7 employees.