Galion Historical Society Inc

Analysis

Galion Historical Society Inc is a registered charity in United States, based in Galion, OH. It received its IRS tax-exemption ruling in April 1957, 69 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, Galion Historical Society Inc reported income of $94k and spending of $158k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $298k to $94k (-68%), an average of -25% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Galion Historical Society Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within OH. Charities of a similar size with the same main cause include Austin Area Heritage Council ($94k), White Pine Inc ($94k) and Delaware Performing Arts Center Inc ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 2.6% of the total. Other salaries and wages came to $48k. At year end it held assets of $1.4m against liabilities of $20k, net assets of $1.4m. It reported 3 employees.