The Lucas County-Maumee Valley Historical Society

Analysis

The Lucas County-Maumee Valley Historical Society is a registered charity in United States, based in Maumee, OH. It received its IRS tax-exemption ruling in May 1953, 73 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 June 2024, The Lucas County-Maumee Valley Historical Society reported income of $69k and spending of $57k, spending 84% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $87k to $69k (-21%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 30%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Lucas County-Maumee Valley Historical Society sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within OH. Charities of a similar size with the same main cause include Artslafayette ($69k), Centerville Concert Association ($69k) and Sweet Adelines International ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 68% of the total. At year end it held assets of $298k against liabilities of $3,956, net assets of $294k.