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Wabash County Historical Museum Inc

RegisteredEIN 35-2087230Wabash, INArts, culture, heritage and science
Income$574k2023-06
Spending$573ksame year
Spent / received75%5-year average
Size in its cause79th pctArts, culture, heritage and science
Exempt since2000Publicly supported organisat
Employees17latest return

Analysis

Wabash County Historical Museum Inc is a registered charity in United States, based in Wabash, IN. It received its IRS tax-exemption ruling in October 2000, 26 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 June 2023, Wabash County Historical Museum Inc reported income of $574k and spending of $573k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $495k to $574k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wabash County Historical Museum Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Trailing of the Sheep Cultural Heritage Center Inc ($574k), Hand 2 Mouth ($574k) and Strand Theatre and Cultural Artsassociation Inc ($574k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 11% of the total. Other salaries and wages came to $207k. At year end it held assets of $1.4m against liabilities of $11k, net assets of $1.4m. It reported 17 employees.

Income and spending

$0$173k$345k$518k$691k2019 Income: $494,5432019 Spending: $398,05720192020 Income: $564,6052020 Spending: $380,72320202021 Income: $506,1502021 Spending: $349,83220212022 Income: $690,5952022 Spending: $426,43820222023 Income: $574,0972023 Spending: $572,9222023
IncomeSpending

Where the income comes from

  • Contributions & grants 84%
  • Program services 11%
  • Other 5.2%

Similar-sized charities, same cause

CharityLocationIncome
Trailing of the Sheep Cultural Heritage Center IncHailey$574k
Hand 2 MouthPortland$574k
Strand Theatre and Cultural Artsassociation IncDelaware$574k
Dunham Tavern MuseumCleveland$574k