Corning Painted Post Historical Society Inc

Analysis

Corning Painted Post Historical Society Inc is a registered charity in United States, based in Corning, NY. It received its IRS tax-exemption ruling in January 1972, 54 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, Corning Painted Post Historical Society Inc reported income of $184k and spending of $164k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $184k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Corning Painted Post Historical Society Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Grand Meadow Heritage Commission Inc ($184k), Wisconsin Society for Ornithology Inc ($184k) and Writers Bloc Presents ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $13k (8.0% of expenses). Other salaries and wages came to $46k. At year end it held assets of $1.5m against liabilities of $75k, net assets of $1.4m. It reported 6 employees.