Great Cranberry Historical Society

Analysis

Great Cranberry Historical Society is a registered charity in United States, based in Cranberry Is, ME. It received its IRS tax-exemption ruling in February 1994, 32 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, Great Cranberry Historical Society reported income of $68k and spending of $109k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $166k to $68k (-59%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Great Cranberry Historical Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 20th percentile within ME. Charities of a similar size with the same main cause include Freespace Dance Inc ($68k), Loveland Performing Arts Association Inc ($68k) and Portland Tango Association Inc ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $17k. At year end it held assets of $1.2m against liabilities of $35k, net assets of $1.2m. It reported 3 employees.