Lees Summit Historical Society

Analysis

Lees Summit Historical Society is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in November 2002, 24 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, Lees Summit Historical Society reported income of $64k and spending of $28k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $64k (-0.2%), an average of -0.2% a year. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lees Summit Historical Society sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within MO. Charities of a similar size with the same main cause include Classical Association of Connecticut Inc ($64k), Northwest Whitfield High School Band Boosters Association Inc ($64k) and Noontime Concerts ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $205k against liabilities of $500, net assets of $204k.