Science & Technology
(U50)
IRS Verified
DX Registered
990 on File
AKRON FOSSILS & SCIENCE CENTER
Financial strength (30%)
78/100
Reliability (20%)
55/100
Effectiveness (25%)
77/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Akron Fossils & Science Center exists to provide visitors of all ages with balanced, affordable, and hands-on educational opportunities to explore the science of the world past, present, and future.Through a diverse range of educational programming, we strive to inspire critical thought and instill a strong foundational love of science at an early age, equipping visitors with the tools and inspiration they need to make a positive impact on their world.
Financial Overview — FY 2024
$288K
Total Revenue
$277K
Total Expenses
$124K
Net Assets
29
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
60.6%
Fundraising Efficiency
N/A
Operating Reserve
5.36x
Liability-to-Asset
3.8%
Revenue Diversification
76.4%
Executive Compensation
$65K
Compared with Peers
FY 2024
Compared with 515 similar organizations
(United States, Science & Technology, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
60.6% | 84.9% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
33.9% | 13.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.6% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.4 mo | 11.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.8% | 0.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
76.4% | 91.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
12.8% | 9.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
5.2% | 10.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.0% | 4.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $288K | $277K | $124K | 60.6% | 29 |
| 2023 | $256K | $263K | $112K | 63.1% | 25 |
| 2022 | $242K | $232K | $120K | 55.5% | 21 |
| 2021 | $207K | $192K | N/A | — | 16 |
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