Heard Natural Science Museum and Wildlife Sanctuary Inc

Analysis

Heard Natural Science Museum and Wildlife Sanctuary Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in December 1969, 57 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Heard Natural Science Museum and Wildlife Sanctuary Inc reported income of $1.6m and spending of $1.7m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $1.6m (-12%), an average of -3.2% a year. The sharpest change came in the year to September 2021, when income dropped by 17%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heard Natural Science Museum and Wildlife Sanctuary Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Forest Creatures Foundation Ltd ($1.6m), Central City Opera House Association Endowment Fund ($1.6m) and Molecular Medicine Research Institute ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 36% and program service revenue 45% of the total. Other salaries and wages came to $821k. At year end it held assets of $5.7m against liabilities of $204k, net assets of $5.5m. It reported 69 employees.