Hands-On Science Center Inc

Analysis

Hands-On Science Center Inc is a registered charity in United States, based in Tullahoma, TN. It received its IRS tax-exemption ruling in October 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hands-On Science Center Inc reported income of $336k and spending of $365k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $336k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 36%. 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, Hands-On Science Center Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Lovewell Institute for the Creative Arts ($336k), Gunflint Trail Historical Society ($336k) and We Always Swing Inc ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $88k (24% of expenses). Other salaries and wages came to $98k. At year end it held assets of $469k against liabilities of $74k, net assets of $395k. It reported 9 employees.