Tuxedo Historical Society

Analysis

Tuxedo Historical Society is a registered charity in United States, based in Tuxedo, NY. It received its IRS tax-exemption ruling in August 1984, 42 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 December 2023, Tuxedo Historical Society reported income of $155k and spending of $74k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $621k to $155k (-75%), an average of -75% a year. The sharpest change came in the year to December 2023, when income dropped by 75%. Over the whole period it spent 16% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tuxedo Historical Society sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Arkansas Center for Nursing Inc ($155k), Sag Harbor Whaling & Historical Museum ($155k) and Artistic Resources in Action Foundation ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 1.3% of the total. At year end it held assets of $1.3m against liabilities of $115, net assets of $1.3m.