Grand Forks County Historical Society

Analysis

Grand Forks County Historical Society is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in July 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, Grand Forks County Historical Society reported income of $145k and spending of $126k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $198k to $145k (-27%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Grand Forks County Historical Society sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 38th percentile within ND. Charities of a similar size with the same main cause include Banda Escolar Sum Guayanilla Inc ($145k), Shelbyville High School Band Booster ($145k) and Korean Martial Arts Culture & Education Foundation Inc ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $32k (25% of expenses). Other salaries and wages came to $11k. At year end it held assets of $622k against liabilities of $617, net assets of $621k. It reported 2 employees.