The Franklin Square Historical Society and Museum

Analysis

The Franklin Square Historical Society and Museum is a registered charity in United States, based in Franklin SQ, NY. It received its IRS tax-exemption ruling in March 1998, 28 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 June 2024, The Franklin Square Historical Society and Museum reported income of $181k and spending of $21k, leaving 88% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $44k to $181k (+311%), an average of +311% a year. The sharpest change came in the year to June 2024, when income rose by 311%. Over the whole period it spent 22% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Franklin Square Historical Society and Museum sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Lynch Ballet Company Inc ($181k), Abide in the Word Ministries ($181k) and New Harmony Line Inc ($181k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $229k against liabilities of $0, net assets of $229k.