Mason County Historical Society Inc

Analysis

Mason County Historical Society Inc is a registered charity in United States, based in Ludington, MI. It received its IRS tax-exemption ruling in November 1963, 63 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, Mason County Historical Society Inc reported income of $861k and spending of $688k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $861k (+148%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 267%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mason County Historical Society Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MI. Charities of a similar size with the same main cause include Davidson Community Players ($861k), Frigid New York Inc ($862k) and Odessa Council for the Arts & Humanities ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 16% of the total. Other salaries and wages came to $206k. At year end it held assets of $7.0m against liabilities of $825k, net assets of $6.2m. It reported 14 employees.