Savanna Historical Society NFP

Analysis

Savanna Historical Society NFP is a registered charity in United States, based in Savanna, IL. It received its IRS tax-exemption ruling in October 2007, 19 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 November 2023, Savanna Historical Society NFP reported income of $60k and spending of $92k, spending 154% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $90k to $60k (-34%), an average of -9.8% a year. The sharpest change came in the year to November 2020, when income dropped by 23%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Savanna Historical Society NFP sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include Oakwood Chamber Players Inc ($60k), Rahma Islamic Center of Greater Houston Inc ($60k) and New Selam Community Reconciliation Network ($60k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $971k against liabilities of $183k, net assets of $788k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.