Smarthistory Inc

Analysis

Smarthistory Inc is a registered charity in United States, based in Pleasantville, NY. It received its IRS tax-exemption ruling in October 2015, 11 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 December 2023, Smarthistory Inc reported income of $997k and spending of $1.3m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $819k to $997k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 71%. 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, Smarthistory Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Lexington Historical Society ($997k), Turnip Green Creative Reuse ($997k) and Yale Law Journal Company Inc ($996k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $487k (36% of expenses). Other salaries and wages came to $296k. At year end it held assets of $1.4m against liabilities of $46k, net assets of $1.4m. It reported 8 employees.