Hancock Historical Museum Association

Analysis

Hancock Historical Museum Association is a registered charity in United States, based in Findlay, OH. It received its IRS tax-exemption ruling in November 1970, 56 years ago. 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, Hancock Historical Museum Association reported income of $627k and spending of $596k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $559k to $627k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 170%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hancock Historical Museum Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Dallas Rotary Club Foundation ($627k), Marine Reconnaissance Foundation ($627k) and Boy Scouts of America ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $71k (12% of expenses). Other salaries and wages came to $166k. At year end it held assets of $5.1m against liabilities of $65k, net assets of $5.0m. It reported 6 employees.