State Historical Society of ND Foundation

Analysis

State Historical Society of ND Foundation is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in July 1973, 53 years ago. 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 June 2023, State Historical Society of ND Foundation reported income of $328k and spending of $540k, spending 165% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $294k to $328k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 219%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, State Historical Society of ND Foundation 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 63rd percentile, and in the 58th percentile within ND. Charities of a similar size with the same main cause include Friends of the Winter Haven Public Library Inc ($328k), Precious Treasures Inc ($328k) and Reijim Inc ($328k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $175k (32% of expenses). Other salaries and wages came to $54k. At year end it held assets of $2.2m against liabilities of $136k, net assets of $2.0m. It reported 3 employees.