Quincy Historical Society

Analysis

Quincy Historical Society is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in July 1942, 84 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 April 2023, Quincy Historical Society reported income of $150k and spending of $160k, spending 106% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $352k to $150k (-57%), an average of -19% a year. The sharpest change came in the year to April 2022, when income rose by 46%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Quincy Historical Society sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 52nd percentile within MA. Charities of a similar size with the same main cause include Chamber Music Society of Boulder ($150k), Herring Pond Wampanoag Tribal Council Inc ($150k) and African American Cultural Center of Long Beach ($150k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $20k (13% of expenses). Other salaries and wages came to $71k. At year end it held assets of $669k against liabilities of $15, net assets of $669k. It reported 4 employees.