Oneida County Historical Society

Analysis

Oneida County Historical Society is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in January 1973, 53 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 December 2023, Oneida County Historical Society reported income of $225k and spending of $270k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $225k (-82%), an average of -35% a year. The sharpest change came in the year to December 2022, when income dropped by 67%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oneida County Historical Society sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Niagara Celtic Heritage Society Inc ($225k), Blue Trolley Inc ($225k) and Mack Trucks Historical Museum ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $62k (23% of expenses). At year end it held assets of $2.6m against liabilities of $84k, net assets of $2.5m. It reported 4 employees.