Amherst Historical Society

Analysis

Amherst Historical Society is a registered charity in United States, based in Amherst, OH. It received its IRS tax-exemption ruling in November 1974, 52 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, Amherst Historical Society reported income of $208k and spending of $338k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $168k to $208k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 164%. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amherst Historical Society sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within OH. Charities of a similar size with the same main cause include Mower County Historical Society ($208k), Strauss Youth Academy for the Arts Inc ($208k) and Centre for the Arts ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 23% of the total. Other salaries and wages came to $155k. At year end it held assets of $624k against liabilities of $14k, net assets of $611k. It reported 8 employees.