Friends of Historic Boonville Inc

Analysis

Friends of Historic Boonville Inc is a registered charity in United States, based in Boonville, MO. It received its IRS tax-exemption ruling in January 1993, 33 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 June 2023, Friends of Historic Boonville Inc reported income of $229k and spending of $214k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $188k to $229k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 166%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Historic Boonville Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within MO. Charities of a similar size with the same main cause include Plains Indians & Pioneers Historical Foundation ($229k), Greater Birmingham Arts Education Collaborative Inc ($229k) and Tidewater Winds ($229k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 43% of the total. Other salaries and wages came to $28k. At year end it held assets of $550k against liabilities of $3,807, net assets of $547k. It reported 3 employees.