Bar Harbor Historical Society Inc

Analysis

Bar Harbor Historical Society Inc is a registered charity in United States, based in Bar Harbor, ME. It received its IRS tax-exemption ruling in March 1977, 49 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bar Harbor Historical Society Inc reported income of $475k and spending of $538k, spending 113% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $639k to $475k (-26%), an average of -5.8% a year. The sharpest change came in the year to December 2019, when income rose by 66%. Over the whole period it spent 44% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bar Harbor Historical Society Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within ME. Charities of a similar size with the same main cause include International Society for the Study of Vulvovaginal Disease ($475k), Quoddy Tides Foundation ($475k) and Colorado Bandmasters Association ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Other salaries and wages came to $181k. At year end it held assets of $4.8m against liabilities of $1.0m, net assets of $3.8m. It reported 7 employees.