Is New York Hall Of Science Legit?

The New York Hall Of Science demonstrates a generally stable financial position, with assets consistently around the $50-70 million range over the past decade, currently at $49,897,499. However, the organization has frequently operated with expenses exceeding revenue in recent years, as seen in 202306 (Expenses: $21,334,875 vs. Revenue: $19,210,858) and 202106 (Expenses: $17,696,260 vs. Revenue: $15,853,682). This trend of deficit spending, while not immediately critical given their substantial assets, warrants monitoring to ensure long-term sustainability. The organization's transparency is commendable, particularly with a reported 0% officer compensation across all available filings. This indicates that the highest-ranking individuals are not receiving salaries, which is highly unusual for an organization of this size and suggests either a volunteer leadership model or that compensation is reported under different categories, which would require further investigation to fully understand. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to public disclosure. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health appears to be managed, albeit with a pattern of drawing down on assets to cover operational costs in several recent periods. The significant asset base provides a buffer, but a sustained effort to align revenues with expenses would strengthen their financial outlook.