Danville Historical Society

Analysis

Danville Historical Society is a registered charity in United States, based in Danville, VT. It received its IRS tax-exemption ruling in March 2007, 19 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, Danville Historical Society reported income of $90k and spending of $47k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $90k (+73%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Danville Historical Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 25th percentile within VT. Charities of a similar size with the same main cause include Conchologists of America Inc ($90k), Knoxville Christian Arts Ministries Inc ($90k) and Cincinnati Volleyball Club Inc ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $18k (38% of expenses). Other salaries and wages came to $2,402. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m. It reported 2 employees.