West Des Moines Historical Society

Analysis

West Des Moines Historical Society is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in October 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, West Des Moines Historical Society reported income of $227k and spending of $218k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $329k to $227k (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2021, when income dropped by 65%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, West Des Moines Historical Society sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Hamilton Players Inc ($227k), Medicine Lodge Indian Peace Treaty Assn ($227k) and Music Theatre West ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $53k (24% of expenses). Other salaries and wages came to $11k. It paid $62k in professional fundraising fees. At year end it held assets of $990k against liabilities of $1,717, net assets of $988k. It reported 2 employees.