Greater Milford Area Historical Society Inc

Analysis

Greater Milford Area Historical Society Inc is a registered charity in United States, based in Milford, OH. It received its IRS tax-exemption ruling in November 1972, 54 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, Greater Milford Area Historical Society Inc reported income of $115k and spending of $116k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $115k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 558%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Greater Milford Area Historical Society Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Curtain Call Community Theatre ($115k), Beelzebubs Alumni Association Inc ($115k) and Southern California Brass Consortium ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 65% of the total. Other salaries and wages came to $39k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 5 employees.