Space Science Institute

Analysis

Space Science Institute is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in April 1993, 33 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 December 2023, Space Science Institute reported income of $9.2m and spending of $10.7m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.4m to $9.2m (+10.0%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Space Science Institute sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include McCarter Theatre Company ($9.2m), Center for Independent Documentary Inc ($9.2m) and United States Geospatial Intelligence Foundation ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $1.2m (11% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $3.6m against liabilities of $2.4m, net assets of $1.2m. It reported 86 employees.