National Inventors Hall of Fame Inc
3701 Highland Park NW, North Canton, OH · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $49,516,391 | $44,153,465 | $71,528,042 |
| FY2024 | $53,389,777 | $45,214,422 | $62,956,806 |
| FY2023 | $49,259,765 | $43,710,712 | $52,466,809 |
| FY2022 | $46,228,035 | $38,462,861 | $43,767,067 |
| FY2021 | $39,073,824 | $29,398,870 | $39,845,386 |
| FY2020 | $18,400,302 | $20,506,929 | $29,014,003 |
| FY2019 | $33,866,838 | $31,664,226 | $29,775,909 |
| FY2018 | $32,849,753 | $29,904,642 | $26,045,158 |
| FY2017 | $29,656,910 | $27,005,063 | $24,211,221 |
| FY2016 | $24,395,016 | $22,237,508 | $20,509,051 |
| FY2015 | $24,033,809 | $22,078,222 | $17,689,511 |
| FY2014 | $20,476,081 | $18,608,539 | $15,808,300 |
| FY2013 | $17,437,748 | $18,582,228 | $13,730,247 |
| FY2012 | $19,011,329 | $18,504,945 | $14,519,313 |
Form 990 filings
The returns filed by National Inventors Hall of Fame Inc (EIN 34-1580038), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $12,708,145 | 26% |
| Program service revenue | $33,852,102 | 68% |
| Other revenue | $2,956,144 | 6% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $36,661,675 | 83% |
| Management & general | $6,025,811 | 14% |
| Fundraising | $1,465,979 | 3% |
What the numbers show
- Program service revenue made up 68% of total revenue in FY2025.
- Program services accounted for 83% of functional expenses, management & general 14%, and fundraising 3%.
- 83% of functional expenses went to program services in FY2025. That is higher than 71.1% of 38 Arts, Culture & Humanities organizations in OH.
- Net assets covered about 19.4 months of expenses at the end of the reporting year. That puts it in the 48th percentile among 1174 Arts, Culture & Humanities organizations in OH.
- Total revenue was higher than 99.3% of 1192 Arts, Culture & Humanities organizations in OH.
- Total revenue rose from $19,011,329 in FY2012 to $49,516,391 in FY2025. Revenue increased in 10 and decreased in 3 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2013, FY2020).
- The highest revenue on record here is $53,389,777 in FY2024.
- Net assets grew from $14,519,313 to $71,528,042 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
A CATALYST FOR CHANGE THROUGH RECOGNIZING INVENTORS AND INVENTIONS, PROMOTING CREATIVITY, AND ADVANCING THE SPIRIT OF INNOVATION AND ENTREPRENEURSHIP.
IRS status
| Ruling year | 1988 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A570 — Arts, Culture & Humanities (in OH) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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