Brown County Historical Society

Analysis

Brown County Historical Society is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in May 1971, 55 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, Brown County Historical Society reported income of $288k and spending of $294k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $288k (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 118% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Brown County Historical Society sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Ethan Allen Institute ($287k), Imagination Fort Worth ($288k) and Berryessa Chinese Community School Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 4.2% of the total. Other salaries and wages came to $48k. At year end it held assets of $1.4m against liabilities of $7,011, net assets of $1.4m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.