Bishop Hill Heritage Association

Analysis

Bishop Hill Heritage Association is a registered charity in United States, based in Bishop Hill, IL. It received its IRS tax-exemption ruling in January 1966, 60 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, Bishop Hill Heritage Association reported income of $600k and spending of $516k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $600k (+116%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bishop Hill Heritage Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Institute for Economics and Peace ($600k), Shenandoah Valley Music Festival ($600k) and Bob Moog Memorial Foundation for Electronic Music Inc ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 1.0% of the total. Other salaries and wages came to $129k. At year end it held assets of $1.8m against liabilities of $33k, net assets of $1.8m. It reported 10 employees.