Davinci Academy of Science and the Arts

Analysis

Davinci Academy of Science and the Arts is a registered charity in United States, based in Ogden, UT. It received its IRS tax-exemption ruling in October 2004, 22 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Davinci Academy of Science and the Arts reported income of $13.4m and spending of $12.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.7m to $13.4m (+38%), an average of +8.3% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davinci Academy of Science and the Arts sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within UT. Charities of a similar size with the same main cause include National Brain Tumor Society Inc ($13.3m), Sertoma Center Inc ($13.4m) and Mental Health Assn of Nassau County Inc ($13.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $156k (1.3% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $18.9m against liabilities of $14.2m, net assets of $4.7m. It reported 255 employees.