Wenham Historical Association & Museum Inc

Analysis

Wenham Historical Association & Museum Inc is a registered charity in United States, based in Wenham, MA. It received its IRS tax-exemption ruling in January 2025. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Wenham Historical Association & Museum Inc reported income of $411k and spending of $563k, spending 137% of what it took in. Across the 3 years on record, from June 2019 to June 2022, income fell from $744k to $411k (-45%), an average of -26% a year. The sharpest change came in the year to June 2021, when income dropped by 43%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wenham Historical Association & Museum Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Eldridge Park Carousel Preservation Socity Inc ($411k), American Institute of Dental Public Health ($411k) and Coastal Jazz Association Inc ($411k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 70% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $72k (13% of expenses). Other salaries and wages came to $162k. At year end it held assets of $1.4m against liabilities of $126k, net assets of $1.2m. It reported 11 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.