American Museum of Science and Energy Foundation Inc

Analysis

American Museum of Science and Energy Foundation Inc is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Museum of Science and Energy Foundation Inc reported income of $1.5m and spending of $1.3m, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $981k to $1.5m (+48%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, American Museum of Science and Energy Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Peninsula College Foundation ($1.5m), Greater Williamsburg Community TR Inc ($1.5m) and Jack G Buncher Charitable Fund Forcarnegie Mellon University ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 82% of the total. At year end it held assets of $453k against liabilities of $13k, net assets of $440k. It reported 18 employees.