Historical Society of Mount Lebanon

Analysis

Historical Society of Mount Lebanon is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2000, 26 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, Historical Society of Mount Lebanon reported income of $55k and spending of $99k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $133k to $55k (-59%), an average of -20% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Historical Society of Mount Lebanon sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within PA. Charities of a similar size with the same main cause include Travelers Rest Artists Alliance ($55k), Prince William Little Theatre Inc ($55k) and The Circus Ring Fame Foundation Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 28% of the total. At year end it held assets of $761k against liabilities of $98k, net assets of $663k.