American Academy of Surgical Research

Analysis

American Academy of Surgical Research is a registered charity in United States, based in Minnetonka, MN. It received its IRS tax-exemption ruling in November 1994, 32 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 Academy of Surgical Research reported income of $247k and spending of $247k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $247k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 98% 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 Academy of Surgical Research sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Cerqua Rivera Dance Theatre ($247k), The Cherry Arts Inc ($247k) and Italingua Institute Grazia Bennett ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $140k against liabilities of $64k, net assets of $76k.