Brazos Valley Museum of Natural History

Analysis

Brazos Valley Museum of Natural History is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in September 1966, 60 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, Brazos Valley Museum of Natural History reported income of $656k and spending of $519k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $656k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brazos Valley Museum of Natural History sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Sophienburg Memorial Association ($656k), Community Radio Project ($656k) and Centro Cultural de Mexico En El Condado de Orange ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $66k (13% of expenses). Other salaries and wages came to $261k. At year end it held assets of $721k against liabilities of $85k, net assets of $636k. It reported 25 employees.