Alaska Museum of Science and Nature

Analysis

Alaska Museum of Science and Nature is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Alaska Museum of Science and Nature reported income of $119k and spending of $119k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $119k (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 123% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Alaska Museum of Science and Nature sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 37th percentile within AK. Charities of a similar size with the same main cause include Manzanita Park BMX Club ($119k), Gym Fort Worth Inc ($119k) and Koinonia Farms Camp ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 58% of the total. Other salaries and wages came to $18k. At year end it held assets of $1.6m against liabilities of $9,919, net assets of $1.6m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.