Aspen Center for Physics

Analysis

Aspen Center for Physics is a registered charity in United States, based in Aspen, CO. It received its IRS tax-exemption ruling in September 1968, 58 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Aspen Center for Physics reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $2.0m to $2.8m (+39%), an average of +8.6% a year. The sharpest change came in the year to March 2022, when income rose by 218%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aspen Center for Physics sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Grand Rapids Ballet Co ($2.8m), Latin Grammy Cultural Foundation ($2.8m) and Empire State Youth Orchestra ($2.8m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $148k (5.2% of expenses). Other salaries and wages came to $214k. At year end it held assets of $6.8m against liabilities of $721k, net assets of $6.1m. It reported 11 employees.