Perot Museum of Nature and Science

Analysis

Perot Museum of Nature and Science is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 1968, 58 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, Perot Museum of Nature and Science reported income of $29.9m and spending of $27.3m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $27.4m to $29.9m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to September 2021, when income rose by 112%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Perot Museum of Nature and Science sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include The Venetoulis Institute for Local Journalism ($29.8m), Columbus Association for the Performing Arts Inc ($29.9m) and Florida Institute for Human and Machine Cognition ($29.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 46% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $2.1m (7.8% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $188.8m against liabilities of $10.5m, net assets of $178.3m. It reported 195 employees.