Overview
What is Paleontological Research Institution?
The Paleontological Research Institution (PRI) is a distinguished nonprofit organization situated in Ithaca, New York. Established in 1932, PRI dedicates itself to expanding and sharing knowledge about the earth's historical life forms. With an 8,000-square-foot permanent exhibition, the Museum of the Earth invites visitors to journey through 4.5 billion years of history, from the planet's inception to the present day. PRI's mission is to disseminate human understanding of the history of life on Earth, conducting and facilitating paleontological research, curating and making available specimen collections, publishing scientific literature, and promoting education in earth history and paleontology. In 2003, the Museum of the Earth opened its doors to the public, offering a unique mix of natural history displays, interactive science exhibits, and art exhibitions. In 2013, the Cayuga Nature Center became PRI's latest venue for outdoor education, providing opportunities for environmental education and research focused on the Cayuga Lake Basin. With a team of 59 dedicated individuals, PRI's goal is to transform the Cayuga Nature Center into a premier educational center for learning about the natural history of the region, including climate change, ecology, and local fauna and flora, as well as human impacts on the local environment.
Official website here: www.priweb.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 86% (Three-Star out of Four Star rating)
The Paleontological Research Institution has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 86% in this category, the organization demonstrates robust financial health and responsible governance practices, crucial for donor trust and long-term sustainability.
Strengths of the institution include a fully independent board of directors, with all members meeting the criteria for independence, and a comprehensive set of governance policies in place. The organization has shown a commitment to transparency by listing its website on tax forms and making relevant documents like board meeting minutes accessible. Additionally, its program expense ratio of 68.23% indicates a strong focus on its mission-related activities.
While the institution has many commendable qualities, potential donors should still consider its financial ratios. With a liabilities to assets ratio of 35.43%, the organization appears to maintain a reasonably stable financial position. However, ongoing monitoring of these metrics is advisable to ensure continued effectiveness and growth in its initiatives. Overall, the Paleontological Research Institution is well-regarded for its accountability and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Paleontological Research Institution legitimate?
Paleontological Research Institution is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paleontological Research Institution submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,472,548
For more financial information, click here
Official website here: www.priweb.org
What is the mission statement of Paleontological Research Institution?
The Paleontological Research Institution (PRI) is dedicated to enriching societal understanding of Earth's historical life forms. Established in 1932, the institution has distinguished programs in research, collections, publications, and public education. One of its notable initiatives is the Museum of the Earth, opened in 2003, offering visitors a blend of natural history displays, interactive science exhibits, and art exhibitions. In 2013, PRI expanded its educational reach with the transformation of the Cayuga Nature Center into a premier educational center for teaching and learning about the natural history of the Cayuga Lake Basin. The institution's primary objective is to disseminate human knowledge of Earth's history through conducting and facilitating paleontological research, housing and curating specimen collections and a research library, publishing technical and popular paleontological books and journals, and promoting education in Earth history and paleontology through exhibits and educational materials and programs for the general public and schools at all levels.
Official website here: www.priweb.org
Who is the CEO of Paleontological Research Institution?
Warren Allmon is the Board President of Paleontological Research Institution.
Official website here: www.priweb.org
What is the revenue of Paleontological Research Institution?
Paleontological Research Institution's revenue in 2022 was $4,472,998.
Official website here: www.priweb.org
Who are the executives of Paleontological Research Institution and what are their salaries?
The average compensation at Paleontological Research Institution during 2022 was $24,958. There are 59 employees and 40 volunteers at Paleontological Research Institution.
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Official website here: www.priweb.org
Where can I find the form 990 for Paleontological Research Institution?
Paleontological Research Institution's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.priweb.org
Learn more at the official website: www.priweb.org
Mission Statement of Paleontological Research Institution
The Paleontological Research Institution, or PRI, is dedicated to enriching society's understanding of the Earth's historical evolution. Established in 1932, this institution has a multifaceted mission, encompassing research, collections, publications, and public education. One of its most prominent initiatives is the Museum of the Earth, which opened in 2003, offering visitors an engaging blend of fossil-laden natural history displays, interactive science exhibits, and art installations.
In 2013, PRI expanded its public educational offerings with the Cayuga Nature Center, which was transformed into a premier educational hub for teaching and learning about the natural history of the Cayuga Lake Basin. The institution's objectives in this regard extend to covering various topics, such as climate change, ecology, local fauna and flora, and human impacts on the environment.
At its core, the mission of PRI revolves around disseminating human understanding of the Earth's historical development. This is achieved through conducting and facilitating paleontological research, housing and curating specimen collections and a research library, publishing technical and popular paleontological books and journals, and promoting education in Earth history and paleontology. PRI achieves this last objective by providing exhibits to the general public and educational materials and programs to schools and students at all levels through the Museum of the Earth.
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Impact
October, 2024
The Paleontological Research Institution (PRI) significantly impacts society by enhancing knowledge about the history of life on Earth through its robust research and educational programs. Founded in 1932, PRI has established itself as a leading center for paleontological research, collections, and publications.
Its Museum of the Earth, which opened in 2003, enriches the public's understanding of natural history with its 8,000-square-foot permanent exhibition. This immersive experience takes visitors through 4.5 billion years of Earth's history, encouraging critical thinking about historical and contemporary life on Earth and the influence of human activities on the natural environment.
Additionally, the Cayuga Nature Center, integrated into PRI’s outreach since 2013, offers outdoor educational opportunities, emphasizing local ecology, climate change, and human impacts on the environment. PRI’s commitment to disseminating information through accessible exhibits, educational materials, and programs for schools fosters a deeper understanding of paleontology and Earth sciences, benefiting learners at all levels. Overall, PRI plays a crucial role in promoting public education and scientific literacy regarding Earth's history and biodiversity.
This information is meant to be a general summary of Paleontological Research Institution. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,946
- Program Service Revenue: $320,210
- Gross Receipts: $4,570,251
Assets and Liabilities:
- Total Assets: $8,655,150
- Total Liabilities: $3,276,491
- Net Assets: $5,378,659
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS
Revenue
$291,201
PUBLICATIONS
Revenue
$29,009
Organization Details
Founding Year
1932
Phone
(607) 273-6623Principal Officer
Warren Allmon
Main Address
1259 TRUMANSBURG ROAD, ITHACA, NY, 148501398
Website
www.priweb.orgNTEE Category
Code: U50 - Science research
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