Astrophysical Research Consortium

Analysis

Astrophysical Research Consortium is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in October 1984, 42 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, Astrophysical Research Consortium reported income of $8.3m and spending of $10.4m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.0m to $8.3m (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Astrophysical Research Consortium 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 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include The Museum of Language Arts Incorporated ($8.3m), Arizona Diamondbacks Foundation Inc ($8.3m) and Harpers Magazine Foundation ($8.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $132k (1.3% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $40.7m against liabilities of $3.1m, net assets of $37.6m. It reported 60 employees.