Tippecanoe County Historical Association

Analysis

Tippecanoe County Historical Association is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in September 1951, 75 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, Tippecanoe County Historical Association reported income of $730k and spending of $654k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $974k to $730k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tippecanoe County Historical Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Ars Nova Workshop Inc ($730k), Lake Champlain Access Television Inc ($730k) and Council on American-Islamic Relations Inc ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $54k (8.3% of expenses). Other salaries and wages came to $122k. At year end it held assets of $4.6m against liabilities of $46k, net assets of $4.6m. It reported 7 employees.