Connecticut Science Center Inc
EIN: 61538101 · Hartford, CT · NTEE: A570
| Metric | Value |
|---|---|
| Total Revenue | $17.3M |
| Total Expenses | $12.4M |
| Net Assets | $112.4M |
Is Connecticut Science Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Connecticut Science Center Inc
Connecticut Science Center Inc (EIN: 61538101) is a nonprofit organization based in Hartford, CT, classified under NTEE code A570. The organization reported total revenue of $17.3M and total assets of $116.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Science Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Science Center Inc is a large nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.8M |
| Total Expenses | $12.4M |
| Surplus / Deficit | $-1,575,897 |
| Total Assets | $115.1M |
| Total Liabilities | $2.7M |
| Net Assets | $112.4M |
| Operating Margin | -14.6% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 111.6 months |
Financial Health Grade: B
In 2023, Connecticut Science Center Inc reported a deficit of $1.6M with expenses exceeding revenue, holds 111.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Science Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +3.3% | -0.3% |
| 2022 | -8.3% | +3.8% | -3.7% |
| 2021 | +78.7% | +4.9% | -0.3% |
| 2020 | -45.0% | -16.9% | -2.1% |
| 2019 | +2.9% | -4.2% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Connecticut Science Center Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut Science Center Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Connecticut Science Center Inc
Is Connecticut Science Center Inc a legitimate charity?
Connecticut Science Center Inc (EIN: 61538101) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $17.3M. No red flags identified. Financial health grade: B.
How does Connecticut Science Center Inc spend its money?
Connecticut Science Center Inc reported $17.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Connecticut Science Center Inc tax-deductible?
Connecticut Science Center Inc is registered as a tax-exempt nonprofit (EIN: 61538101). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Connecticut Science Center Inc located?
Connecticut Science Center Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 61538101. It is classified under NTEE code A570.
How many years of IRS 990 filings does Connecticut Science Center Inc have?
Connecticut Science Center Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $17.3M in total revenue.
Filing History
IRS 990 filing history for Connecticut Science Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Science Center Inc's revenue has grown by 32.6%, moving from $8.1M to $10.8M. Total assets decreased by 13.6% over the same period, from $133.2M to $115.1M. Total functional expenses rose by 1%, from $12.3M to $12.4M. In its most recent filing year (2023), Connecticut Science Center Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $2.7M in liabilities against $115.1M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $112.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.8M | $12.4M | $115.1M | $2.7M | — | — |
| 2022 | $9.7M | $12.0M | $115.5M | $2.7M | — | — |
| 2021 | $10.5M | $11.6M | $120.0M | $2.2M | — | View 990 |
| 2020 | $5.9M | $11.0M | $120.3M | $3.3M | — | View 990 |
| 2019 | $10.7M | $13.3M | $122.9M | $2.6M | — | View 990 |
| 2018 | $10.4M | $13.8M | $124.0M | $3.0M | — | View 990 |
| 2017 | $10.9M | $13.8M | $128.7M | $2.9M | — | — |
| 2016 | $12.3M | $14.1M | $131.7M | $4.1M | — | View 990 |
| 2015 | $11.1M | $13.2M | $130.0M | $830K | — | View 990 |
| 2014 | $10.8M | $13.0M | $132.5M | $948K | — | View 990 |
| 2013 | $10.8M | $13.2M | $135.0M | $1.4M | — | View 990 |
| 2012 | $18.5M | $12.9M | $137.7M | $2.0M | — | View 990 |
| 2011 | $8.1M | $12.3M | $133.2M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.8M, expenses of $12.4M, and assets of $115.1M (revenue +11.8% year-over-year).
- 2022: Revenue of $9.7M, expenses of $12.0M, and assets of $115.5M (revenue -8.3% year-over-year).
- 2021: Revenue of $10.5M, expenses of $11.6M, and assets of $120.0M (revenue +78.7% year-over-year).
- 2020: Revenue of $5.9M, expenses of $11.0M, and assets of $120.3M (revenue -45.0% year-over-year).
- 2019: Revenue of $10.7M, expenses of $13.3M, and assets of $122.9M (revenue +2.9% year-over-year).
- 2018: Revenue of $10.4M, expenses of $13.8M, and assets of $124.0M (revenue -4.4% year-over-year).
- 2017: Revenue of $10.9M, expenses of $13.8M, and assets of $128.7M (revenue -11.3% year-over-year).
- 2016: Revenue of $12.3M, expenses of $14.1M, and assets of $131.7M (revenue +10.8% year-over-year).
- 2015: Revenue of $11.1M, expenses of $13.2M, and assets of $130.0M (revenue +2.3% year-over-year).
- 2014: Revenue of $10.8M, expenses of $13.0M, and assets of $132.5M (revenue +0.5% year-over-year).
- 2013: Revenue of $10.8M, expenses of $13.2M, and assets of $135.0M (revenue -41.7% year-over-year).
- 2012: Revenue of $18.5M, expenses of $12.9M, and assets of $137.7M (revenue +127.1% year-over-year).
- 2011: Revenue of $8.1M, expenses of $12.3M, and assets of $133.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Science Center Inc:
Data Sources and Methodology
This transparency report for Connecticut Science Center Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.