Nevada Test Site Historical Foundation

Analysis

Nevada Test Site Historical Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in September 1998, 28 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, Nevada Test Site Historical Foundation reported income of $2.7m and spending of $2.1m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.7m (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nevada Test Site Historical Foundation 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 88th percentile, and in the 90th percentile within NV. Charities of a similar size with the same main cause include The Armory Art Center Inc ($2.7m), Dance USA ($2.7m) and Society for Creative Anachronism Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $133k (6.3% of expenses). Other salaries and wages came to $591k. At year end it held assets of $2.0m against liabilities of $291k, net assets of $1.8m. It reported 19 employees.