Geneva Historical Society

Analysis

Geneva Historical Society is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in September 1957, 69 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, Geneva Historical Society reported income of $257k and spending of $441k, spending 172% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $264k to $257k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to June 2021, when income rose by 102%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Geneva 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 Cat Ltd ($257k), Rowan Arts Council Inc ($257k) and Garland Summer Musicals Inc ($257k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $77k (17% of expenses). Other salaries and wages came to $91k. At year end it held assets of $2.2m against liabilities of $14k, net assets of $2.2m. It reported 6 employees.