Manitowoc County Historical Society

Analysis

Manitowoc County Historical Society is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in May 1969, 57 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, Manitowoc County Historical Society reported income of $409k and spending of $303k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $311k to $409k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Manitowoc County Historical Society sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Tidewater Arts Outreach ($409k), Leverage Research ($409k) and Center for Exploratory and Perceptual Arts Inc ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $55k (18% of expenses). Other salaries and wages came to $69k. At year end it held assets of $2.7m against liabilities of $14k, net assets of $2.7m. It reported 7 employees.