Explorit Science Center

Analysis

Explorit Science Center is a registered charity in United States, based in Davis, CA. It received its IRS tax-exemption ruling in April 1984, 42 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 August 2023, Explorit Science Center reported income of $306k and spending of $257k, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $241k to $306k (+27%), an average of +6.1% a year. The sharpest change came in the year to August 2023, when income rose by 30%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Explorit Science Center sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include The Suzuki Music Asso of Calif ($306k), Foothills Forum ($306k) and Art Escape ($305k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $133k. At year end it held assets of $679k against liabilities of $8,225, net assets of $670k. It reported 5 employees.