New York Hall Of Science
New York Hall Of Science frequently operates at a deficit, drawing on substantial assets.
EIN: 112104059 · Corona, NY · NTEE: A570 · Updated: 2026-03-28
Is New York Hall Of Science Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Hall Of Science directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Hall Of Science
New York Hall Of Science (EIN: 112104059) is a nonprofit organization based in Corona, NY, classified under NTEE code A570. The organization reported total revenue of $30.4M and total assets of $49.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Hall Of Science's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York Hall Of Science with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, New York Hall Of Science allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual revenues exceeding $15 million and assets nearing $50 million. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, requiring deeper scrutiny of the full 990 forms.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New York Hall Of Science's IRS 990 filings:
- Frequent operational deficits (e.g., 202306: Expenses $21.3M vs. Revenue $19.2M)
- Declining asset base over the past decade (from ~$70M to ~$50M)
- Unusual 0% officer compensation reported, warranting further investigation into executive pay structure
Strengths
The following positive indicators were identified for New York Hall Of Science:
- Substantial asset base ($49,897,499) providing financial stability
- Consistent IRS 990 filing history (13 filings) indicating transparency
- Significant revenue generation (Latest Revenue: $30,438,120)
Frequently Asked Questions about New York Hall Of Science
Is New York Hall Of Science a legitimate charity?
Based on AI analysis of IRS 990 filings, New York Hall Of Science (EIN: 112104059) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does New York Hall Of Science spend its money?
New York Hall Of Science directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New York Hall Of Science tax-deductible?
New York Hall Of Science is registered as a tax-exempt nonprofit (EIN: 112104059). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is New York Hall Of Science a good charity?
Based on the available data, the New York Hall Of Science appears to be a well-established organization with a significant asset base. Its consistent 0% officer compensation is a notable positive for transparency, though the recurring operational deficits suggest a need for improved financial management to ensure long-term sustainability without relying on asset depletion.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this scale. It could indicate a volunteer-led executive team, or that executive salaries are reported under different expense categories (e.g., program or administrative staff salaries) rather than specifically as 'officer compensation' on the summary data provided. A review of the full 990 forms would be necessary to clarify this.
How does the organization manage its operational deficits?
The organization has frequently incurred expenses exceeding revenue, such as in 202306 where expenses were $21,334,875 against revenues of $19,210,858. These deficits appear to be covered by drawing down on the organization's substantial asset base, which decreased from $55,888,000 in 202206 to $51,826,875 in 202306.
What is the trend in the organization's assets?
The organization's assets have shown a declining trend over the past decade, from a high of $70,733,736 in 201406 to $49,897,499 currently. While still substantial, this reduction suggests that the organization has been utilizing its reserves, possibly to cover operational deficits.
Filing History
IRS 990 filing history for New York Hall Of Science showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Hall Of Science's revenue has declined by 11.7%, moving from $21.7M to $19.2M. Total assets decreased by 21.6% over the same period, from $66.1M to $51.8M. Total functional expenses rose by 32.8%, from $16.1M to $21.3M. In its most recent filing year (2023), New York Hall Of Science reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $51.8M in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $49.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $19.2M | $21.3M | $51.8M | $2.3M | — | View 990 |
| 2022 | $24.1M | $19.5M | $55.9M | $4.3M | — | View 990 |
| 2021 | $15.9M | $17.7M | $56.1M | $6.6M | — | View 990 |
| 2020 | $20.5M | $24.0M | $54.9M | $4.5M | — | View 990 |
| 2019 | $18.9M | $23.5M | $55.4M | $1.6M | — | View 990 |
| 2018 | $15.3M | $23.3M | $59.6M | $1.6M | — | View 990 |
| 2017 | $20.8M | $23.4M | $67.5M | $1.5M | — | View 990 |
| 2016 | $22.5M | $21.9M | $70.5M | $2.3M | — | View 990 |
| 2015 | $20.2M | $21.1M | $70.1M | $2.4M | — | View 990 |
| 2014 | $20.0M | $20.9M | $70.7M | $2.0M | — | View 990 |
| 2013 | $24.9M | $21.2M | $70.9M | $1.6M | — | View 990 |
| 2012 | $18.7M | $18.5M | $66.1M | $1.5M | — | View 990 |
| 2011 | $21.7M | $16.1M | $66.1M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.2M, expenses of $21.3M, and assets of $51.8M (revenue -20.4% year-over-year).
- 2022: Revenue of $24.1M, expenses of $19.5M, and assets of $55.9M (revenue +52.3% year-over-year).
- 2021: Revenue of $15.9M, expenses of $17.7M, and assets of $56.1M (revenue -22.6% year-over-year).
- 2020: Revenue of $20.5M, expenses of $24.0M, and assets of $54.9M (revenue +8.2% year-over-year).
- 2019: Revenue of $18.9M, expenses of $23.5M, and assets of $55.4M (revenue +24.1% year-over-year).
- 2018: Revenue of $15.3M, expenses of $23.3M, and assets of $59.6M (revenue -26.7% year-over-year).
- 2017: Revenue of $20.8M, expenses of $23.4M, and assets of $67.5M (revenue -7.5% year-over-year).
- 2016: Revenue of $22.5M, expenses of $21.9M, and assets of $70.5M (revenue +11.2% year-over-year).
- 2015: Revenue of $20.2M, expenses of $21.1M, and assets of $70.1M (revenue +1.0% year-over-year).
- 2014: Revenue of $20.0M, expenses of $20.9M, and assets of $70.7M (revenue -19.7% year-over-year).
- 2013: Revenue of $24.9M, expenses of $21.2M, and assets of $70.9M (revenue +33.6% year-over-year).
- 2012: Revenue of $18.7M, expenses of $18.5M, and assets of $66.1M (revenue -14.2% year-over-year).
- 2011: Revenue of $21.7M, expenses of $16.1M, and assets of $66.1M.
Data Sources and Methodology
This transparency report for New York Hall Of Science 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.