Deer Isle-Stonington Historical Society Inc

Analysis

Deer Isle-Stonington Historical Society Inc is a registered charity in United States, based in Deer Isle, ME. It received its IRS tax-exemption ruling in October 1960, 66 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 July 2023, Deer Isle-Stonington Historical Society Inc reported income of $52k and spending of $52k, spending 101% of its income. Across the 4 years on record, from July 2020 to July 2023, income fell from $78k to $52k (-33%), an average of -12% a year. The sharpest change came in the year to July 2021, when income rose by 48%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Deer Isle-Stonington Historical Society Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 14th percentile within ME. Charities of a similar size with the same main cause include Festival of New Trumpet Music Inc ($52k), Lake Placid Olympic Museum ($52k) and Oklahoma Military Hall of Fame Foundation ($52k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 92% and program service revenue 0.3% of the total. Other salaries and wages came to $6,265. At year end it held assets of $722k against liabilities of $761, net assets of $721k. It reported 1 employees.