Wilton Historical Society Incorporated

Analysis

Wilton Historical Society Incorporated is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in October 1956, 70 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Wilton Historical Society Incorporated reported income of $330k and spending of $440k, spending 133% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $368k to $330k (-10%), an average of -2.6% a year. The sharpest change came in the year to September 2020, when income rose by 20%. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wilton Historical Society Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include North Pointe Ballet Inc ($330k), Artstart Inc ($330k) and Partners for the PAC ($330k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 45% and program service revenue 14% of the total. Other salaries and wages came to $182k. At year end it held assets of $4.0m against liabilities of $33k, net assets of $4.0m. It reported 10 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.