The National Center for Genome Resources

Analysis

The National Center for Genome Resources is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in July 1994, 32 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, The National Center for Genome Resources reported income of $2.4m and spending of $2.6m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.4m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The National Center for Genome Resources sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NM. Charities of a similar size with the same main cause include Museum of the Southwest ($2.4m), National Council on Education for the Ceramic Arts ($2.4m) and Euchee Yuchi Language Project Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $386k (15% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $8.1m against liabilities of $3.2m, net assets of $5.0m. It reported 16 employees.