Aurelia Institute Inc

Analysis

Aurelia Institute Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in June 2022, 4 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 June 2023, Aurelia Institute Inc reported income of $1.9m and spending of $1.5m, spending 81% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.9m to $1.9m (+0.0%), an average of +0.0% a year. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aurelia Institute Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include The Arts Center of the Capital Region ($1.9m), New Orleans Center for Creative Arts Foundation ($1.9m) and Sierra Nevada Childrens Museum ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $389k (25% of expenses). Other salaries and wages came to $289k. At year end it held assets of $1.5m against liabilities of $66k, net assets of $1.5m.