Unlv Research Foundation

Analysis

Unlv Research Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in January 2003, 23 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Unlv Research Foundation reported income of $6.7m and spending of $678k, leaving 90% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $532k to $6.7m (+1158%), an average of +88% a year. The sharpest change came in the year to June 2022, when income rose by 709%. Over the whole period it spent 25% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Unlv Research Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within NV. Charities of a similar size with the same main cause include Gray Area Foundation for the Arts ($6.7m), Edward M Kennedy Institute for the United States Senate Inc ($6.7m) and Music Institute of Chicago ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. At year end it held assets of $27.8m against liabilities of $17.0m, net assets of $10.8m.