The Grand River Historical Society and Museum

Analysis

The Grand River Historical Society and Museum is a registered charity in United States, based in Chillicothe, MO. It received its IRS tax-exemption ruling in February 2014, 12 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, The Grand River Historical Society and Museum reported income of $52k and spending of $48k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $52k (-58%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Grand River Historical Society and Museum sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within MO. Charities of a similar size with the same main cause include Delaware Water Gap Celebration of Arts Inc ($52k), Dams Inc ($52k) and New York Guitar Festival ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.