Marquette County Historical Society Inc

Analysis

Marquette County Historical Society Inc is a registered charity in United States, based in Marquette, MI. It received its IRS tax-exemption ruling in January 1968, 58 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 organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Marquette County Historical Society Inc reported income of $584k and spending of $613k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $362k to $584k (+61%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marquette County Historical Society Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MI. Charities of a similar size with the same main cause include Academy of Childrens Theatre ($584k), Kansas City Automotive Museum Inc ($584k) and Tinkermill ($584k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $50k (8.2% of expenses). Other salaries and wages came to $214k. At year end it held assets of $7.7m against liabilities of $1.6m, net assets of $6.2m. It reported 12 employees.