Aurora Historical Society

Analysis

Aurora Historical Society is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in August 1945, 81 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, Aurora Historical Society reported income of $255k and spending of $244k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $255k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aurora Historical Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include SSJ Inc ($255k), Wilmington Railroad Museum Foundation Inc ($255k) and New Netherland Institute ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $81k (33% of expenses). Other salaries and wages came to $34k. At year end it held assets of $1.0m against liabilities of $3,121, net assets of $1.0m. It reported 5 employees.