Golden Crown Literary Society

Analysis

Golden Crown Literary Society is a registered charity in United States, based in Northfield, MN. It received its IRS tax-exemption ruling in June 2014, 12 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 August 2023, Golden Crown Literary Society reported income of $319k and spending of $282k, spending 88% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $265k to $319k (+20%), an average of +20% a year. The sharpest change came in the year to August 2023, when income rose by 20%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Golden Crown Literary Society sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Scandia Heritage Alliance ($319k), Steinway Society the Bay Area ($319k) and Blue Earth County Historical Society ($319k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. At year end it held assets of $373k against liabilities of $7,315, net assets of $366k.