PALEONTOLOGICAL RESEARCH INSTITUTION

EIN: 150554849 501(c)(3)

ITHACA, NY

Total Revenue
$3,370,824
Total Expenses
$3,108,807
Total Assets
$8,743,354
Net Assets
$5,645,498
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1932
Legal Domicile
NY
Principal Officer
WARREN ALLMON
Phone
6072736623
Tax Period
2022-07-01 to 2023-06-30

PALEONTOLOGICAL RESEARCH INSTITUTION, founded in 1932, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2022. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $3.1M left a modest 8% surplus.

Mission

THE PALEONTOLOGICAL RESEARCH INSTITUTION (PRI) SERVES SOCIETY BY INCREASING AND DISSEMINATING KNOWLEDGE ABOUT THE HISTORY OF LIFE ON EARTH. FOUNDED IN 1932, PRI HAS OUTSTANDING PROGRAMS IN RESEARCH, COLLECTIONS, PUBLICATIONS, AND PUBLIC EDUCATION. PRI'S MUSEUM OF THE EARTH OPENED IN 2003 TO PROVIDE THE GENERAL PUBLIC WITH A UNIQUE OPPORTUNITY TO EXPLORE OUR WORLD THROUGH A MIX OF SPECIMEN-RICH NATURAL HISTORY DISPLAYS, INTERACTIVE SCIENCE EXHIBITS, AND ART EXHIBITIONS. IN 2013, THE CAYUGA NATURE CENTER BECAME PRI'S NEWEST PUBLIC VENUE FOR EDUCATION. THE NATURE CENTER, FOUNDED IN 1981, PROVIDES OPPORTUNITIES FOR OUTDOOR EDUCATION. PRI'S GOAL IS TO TRANSFORM IT INTO A PREMIER EDUCATIONAL CENTER FOR TEACHING AND LEARNING ABOUT THE NATURAL HISTORY OF THE CAYUGA LAKE BASIN, INCLUDING CLIMATE CHANGE, ECOLOGY, AND THE LOCAL FAUNA AND FLORA, AS WELL AS HUMAN IMPACTS ON THE LOCAL ENVIRONMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,793,692
Program Service Revenue $404,436
Investment Income $8,295
Other Revenue $164,401
TOTAL REVENUE $3,370,824

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,137,055
Fundraising Expenses $0
Program Expenses $3,108,807
Other Expenses $971,752
TOTAL EXPENSES $3,108,807

Year-over-Year Comparison

2022 2021 Change
Revenue $3,370,824 $4,472,998 -0.2%
Expenses $3,108,807 $3,034,487 +0.0%
Net Income $262,017 $1,438,511 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
64
Volunteers
55

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH MIELBRECHT BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRIS MCROBERTS FINANCE COMMITTEE CHAIR, T 1.00
Officer Director
$0 $0 $0
LINDSAY ANDERSON TRUSTEE 1.00
Director
$0 $0 $0
BRIAN BAUER TRUSTEE 1.00
Director
$0 $0 $0
PATRICK BEARY TRUSTEE 1.00
Director
$0 $0 $0
ROB BEUTNER TRUSTEE 1.00
Director
$0 $0 $0
ANN NANCY BUDD TRUSTEE 1.00
Director
$0 $0 $0
PHOEBE COHEN TRUSTEE 1.00
Director
$0 $0 $0
NAN CRYSTAL ARENS TRUSTEE 1.00
Director
$0 $0 $0
LINDA C IVANY TRUSTEE 1.00
Director
$0 $0 $0
MARVIN PRITTS TRUSTEE 1.00
Director
$0 $0 $0
NIGEL HUGHES TRUSTEE 1.00
Director
$0 $0 $0
MATT PRITCHARD TRUSTEE 1.00
Director
$0 $0 $0
JOHN HADLEY TRUSTEE 1.00
Director
$0 $0 $0
LARRY BAUM TRUSTEE 1.00
Director
$0 $0 $0
WARREN ALLMON EXEC. DIRECTOR 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $3,370,824 $3,108,807 $8,743,354 $262,017
2022 $4,472,998 $3,034,487 $8,655,150 $1,438,511
2021 $2,834,698 $2,726,246 $7,528,710 $108,452
2020 $2,833,653 $3,041,484 $7,511,542 $-207,831
2019 $2,984,074 $3,263,123 $8,148,084 $-279,049
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