Champaign County Historical Museum

Analysis

Champaign County Historical Museum is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in September 1974, 52 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, Champaign County Historical Museum reported income of $123k and spending of $69k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $123k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Champaign County Historical Museum sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Capacitor ($123k), Great Northern Railway Historical Society ($123k) and Miami International Ballet Competition ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 4.6% of the total. At year end it held assets of $260k against liabilities of $19k, net assets of $241k.