Theiss Research

Analysis

Theiss Research is a registered charity in United States, based in LA Jolla, CA. It received its IRS tax-exemption ruling in April 2006, 20 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, Theiss Research reported income of $2.7m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $2.7m (-15%), an average of -3.9% a year. 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, Theiss Research sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Amp Concerts ($2.7m), Battery Conservancy Inc ($2.7m) and Center for Less Unpleasant Living Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $163k (5.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $976k against liabilities of $118k, net assets of $858k. It reported 37 employees.