Castine Historical Society Inc

Analysis

Castine Historical Society Inc is a registered charity in United States, based in Castine, ME. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Castine Historical Society Inc reported income of $187k and spending of $514k, spending 274% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $409k to $187k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Castine Historical Society Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 45th percentile within ME. Charities of a similar size with the same main cause include Venue Theatre ($187k), All-Stars Community Theater Inc ($187k) and Laguna Radio Inc ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 0.5% of the total. Other salaries and wages came to $182k. At year end it held assets of $7.6m against liabilities of $364k, net assets of $7.2m. It reported 7 employees.