Simulation Councils Inc

Analysis

Simulation Councils Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1959, 67 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Simulation Councils Inc reported income of $324k and spending of $382k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $476k to $324k (-32%), an average of -9.2% a year. The sharpest change came in the year to June 2021, when income dropped by 32%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Simulation Councils Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Jazzreach Performing Art & Education Association ($324k), Burke Arts Council Inc ($324k) and Holliston Cable Access Incorporated ($324k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $103k (27% of expenses). Other salaries and wages came to $74k. At year end it held assets of $435k against liabilities of $112k, net assets of $323k. It reported 3 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.