East Tennessee Historical Society Inc

Analysis

East Tennessee Historical Society Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in November 2010, 16 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, East Tennessee Historical Society Inc reported income of $1.5m and spending of $1.7m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, East Tennessee Historical Society Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include School of the Performing Arts in the Richmond Community Sparc ($1.5m), Sedona Arts Center Inc ($1.5m) and The Family Effect ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $112k (6.5% of expenses). Other salaries and wages came to $470k. It paid $8,849 in professional fundraising fees. At year end it held assets of $4.3m against liabilities of $109k, net assets of $4.2m. It reported 19 employees.