Mattatuck Historical Society

Analysis

Mattatuck Historical Society is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in June 1938, 88 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 September 2022, Mattatuck Historical Society reported income of $3.5m and spending of $2.9m, spending 82% of its income. Across the 4 years on record, from September 2019 to September 2022, income grew from $3.3m to $3.5m (+7.2%), an average of +2.4% a year. The sharpest change came in the year to September 2020, when income rose by 45%. 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, Mattatuck Historical Society sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include American Christian Television Services Inc Wtlw-Tv ($3.5m), Centennial Park Conservancy ($3.5m) and Soho Repertory Theatre Inc ($3.5m).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 29% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $245k (8.6% of expenses). Other salaries and wages came to $877k. At year end it held assets of $30.4m against liabilities of $3.6m, net assets of $26.8m. It reported 31 employees.