Port Arthur Historical Society

Analysis

Port Arthur Historical Society is a registered charity in United States, based in Port Arthur, TX. It received its IRS tax-exemption ruling in March 1974, 52 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Port Arthur Historical Society reported income of $818k and spending of $675k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $594k to $818k (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Port Arthur Historical Society sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Dciia Retirement Research Center ($817k), Village Theater Company ($818k) and Treasure Valley Institute for Childrens Arts ($817k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $47k (7.0% of expenses). Other salaries and wages came to $200k. At year end it held assets of $3.4m against liabilities of $814k, net assets of $2.6m. It reported 5 employees.