Insect Asylum INC: Nonprofit Profile, Financials & Form 990 (EIN 83-0581661)

Revenue by fiscal year
FY2022	$138K
FY2024	$246K

Net assets by fiscal year
FY2022	$6K
FY2024	$43K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

21 cents of each dollar spent went to programs.

21%

79%

Program services 21% · $43K Management & general 79% · $166K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation

Nina Salem

Executive Director

$0Pt VII · Sec A

See Insect Asylum INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Inspires appreciation for animals and nature through immersive educational experiences.

Questions for Insect Asylum INC

Tap to ask. Insect Asylum INC sees how many people are interested.

Your first name shows with your question. Insect Asylum INC answers here, for everyone.

3 programs · $43K · in their own filed words · FY2023

01

Animal Edu

partys, animal meet and greet events,museum edu tours of Luccas bio hub animals.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-0581661) · Dispute this line

$38Kprogram expense

02

Classes

Taxidermy and other related to bugs

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-0581661) · Dispute this line

$5Kprogram expense

03

Art and products centered around insects and specimens

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 83-0581661) · Dispute this line

Pt IX · Ln 25 · col B

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$246K

Ln 12

Fees for servicesLn 2g$147K

Other incomeLn 4–11$88K

Gifts and grantsLn 1h$12K

Money outPt IX

$208K

Ln 25

Programscol B$43K

Managementcol C$166K

Owns and owesPt X

$43K

net assets · Ln 32

Cash and savingsLn 1–2$60K

Total assetsLn 16$65K

LiabilitiesLn 26$22K

PeoplePt VI, VII

1

listed · VII A

PaidVII A0

Voting boardVI 1a6

IndependentVI 1b4

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$12K

Fees for servicesLn 2g$147K

Other incomeLn 4–11$88K

Total revenueLn 12$246K

Assets in detailPt X, end of year

CashLn 1$60K

Cash and savings togetherLn 1–2$60K

Inventories for sale or useLn 8$854

Land, buildings, equipmentLn 10c$4K

Total assetsLn 16$65K

LiabilitiesLn 26$22K

Net assetsLn 32$43K

OperationsPt I, VI

EmployeesI 50

VolunteersI 65

Fiscal year endsHeaderJanuary

Conflict-of-interest policyVI 12aNo

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$14K	$60K
Land, buildings, equipmentLn 10c		$4K
Total assetsLn 16	$23K	$65K
LiabilitiesLn 26	$17K	$22K
Net assetsLn 32	$6K	$43K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Pay of officers and key staff (Part IX, line 5)Ln 5	$13K	$0	$13K	$0
Accounting feesLn 11c	$101	$0	$101	$0
Other fees for servicesLn 11g	$61K	$31K	$31K	$0
Advertising and promotionLn 12	$6K	$0	$6K	$0
Office expensesLn 13	$20K	$0	$20K	$0
Information technologyLn 14	$723	$0	$723	$0
OccupancyLn 16	$79K	$0	$79K	$0
TravelLn 17	$6K	$0	$6K	$0
InsuranceLn 23	$2K	$0	$2K	$0
Other expenses (24a–d)Ln 24	$21K	$12K	$8K	$0
Total functional expensesLn 25	$208K	$43K	$166K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest ViewingFiled with the IRS Nov 14, 2024	$246K	$208K	$38K	$43K	990 PDF
FY2023	Not on file
FY2022Filed with the IRS Nov 30, 2023	$138K			$6K	990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations

See the full FY2024 990

Part I · Summary $246,169 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $3,012$11,904

I-9 Program service revenuePrior year $98,081$146,532

I-10 Investment income$0

I-11 Other revenuePrior year $37,145$87,733

I-12 Total revenuePrior year $138,238$246,169

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to members$0

I-15 Salaries and benefitsPrior year $0$12,930

I-16a Professional fundraising fees$0

I-17 Other expensesPrior year $147,147$195,538

I-18 Total expensesPrior year $147,147$208,468

I-19 Revenue less expensesPrior year −$8,909$37,701

Part VI · Governance 4 of 6 board members independent, 5 to look at

VI-1a Voting members of the governing body6

VI-1b Independent voting members4

VI-2 Family or business relationship among officers or directorsYes

VI-12a Written conflict of interest policyNo

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-15a Process for setting top official's payNo

Part VIII · Statement of revenue $246,169 across 5 lines filed

Lines not itemized here account for $76,532 of total revenue; see the IRS return.

VIII-1f All other contributions, gifts and grants$11,904

VIII-1h Total contributions, gifts and grants$11,904

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$146,532

VIII-6 Net rental income or lossUnrelated business $11,201$11,201

VIII-12 Total revenueRelated to mission $223,064 · Unrelated business $11,201 · Excluded from tax $0$246,169

Part IX · Statement of functional expenses $208,468 across 10 lines filed

IX-5 Pay of officers and key staff (Part IX, line 5)Programs $0 · Management $12,930 · Fundraising $0$12,930

IX-11c Accounting feesPrograms $0 · Management $101 · Fundraising $0$101

IX-11g Other fees for servicesPrograms $30,726 · Management $30,727 · Fundraising $0$61,453

IX-12 Advertising and promotionPrograms $0 · Management $5,720 · Fundraising $0$5,720

IX-13 Office expensesPrograms $0 · Management $19,563 · Fundraising $0$19,563

IX-14 Information technologyPrograms $0 · Management $723 · Fundraising $0$723

IX-16 OccupancyPrograms $0 · Management $79,245 · Fundraising $0$79,245

IX-17 TravelPrograms $0 · Management $5,968 · Fundraising $0$5,968

IX-23 InsurancePrograms $0 · Management $2,221 · Fundraising $0$2,221

IX-24 Other expenses (24a–d)Programs $12,131 · Management $8,413 · Fundraising $0$20,544

IX-25 Total functional expensesPrograms $42,857 · Management $165,611 · Fundraising $0$208,468

Part X · Balance sheet $65,314 assets, 9 lines filed

X-1 Cash, non-interest-bearingStart of year $14,327$60,488

X-8 Inventories for sale or use$854

X-10c Land, buildings and equipment, net$3,972

X-16 Total assetsStart of year $23,060$65,314

X-17 Accounts payable and accrued expensesStart of year $17,321$21,874

X-26 Total liabilitiesStart of year $17,321$21,874

X-27 Net assets without donor restrictionsStart of year $5,739$43,440

X-32 Total net assets or fund balancesStart of year $5,739$43,440

X-33 Total liabilities and net assetsStart of year $23,060$65,314

Part XI · Reconciliation of net assets $43,440 net assets at year end

XI-1 Total revenue$246,169

XI-2 Total expenses$208,468

XI-3 Revenue less expenses$37,701

XI-4 Net assets at start of year$5,739

XI-10 Net assets at end of year$43,440

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

Insect Asylum INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Insect Asylum INC

Animal Edu

Classes

By the numbers

Filing history

Schedules filed Part IV