Objective Standard Institute

Analysis

Objective Standard Institute is a registered charity in United States, based in Glen Allen, VA. It received its IRS tax-exemption ruling in April 2020, 6 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 December 2023, Objective Standard Institute reported income of $422k and spending of $2.0m, spending 475% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $422k (+369%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 2001%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Objective Standard Institute sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within VA. Charities of a similar size with the same main cause include Belmead on the James Inc ($422k), Sterling Hill Mining Museum Inc ($422k) and Viola Dagamba Society of America Inc ($422k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $230k (11% of expenses). Other salaries and wages came to $248k. At year end it held assets of $6.2m against liabilities of $50k, net assets of $6.1m. It reported 7 employees.