Big Rock Historical Society

Analysis

Big Rock Historical Society is a registered charity in United States, based in Big Rock, IL. It received its IRS tax-exemption ruling in September 1998, 28 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, Big Rock Historical Society reported income of $77k and spending of $113k, spending 146% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.9m to $77k (-96%), an average of -66% a year. The sharpest change came in the year to December 2021, when income dropped by 90%. Over the whole period it spent 15% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Big Rock Historical Society sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within IL. Charities of a similar size with the same main cause include Jennings County Community BLDG & 4- Ctr Inc Jennings Cty Fair Board ($77k), Greater Washington Telugu Cultural Sangam Inc ($77k) and Childrens Dance Theatre ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 62% of the total. Other salaries and wages came to $10k. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m. It reported 1 employees.