Le Sault de Saint Marie Historical Sites Inc

Analysis

Le Sault de Saint Marie Historical Sites Inc is a registered charity in United States, based in Sault S Marie, MI. It received its IRS tax-exemption ruling in April 1969, 57 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, Le Sault de Saint Marie Historical Sites Inc reported income of $660k and spending of $526k, leaving 20% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $628k to $660k (+5.1%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Le Sault de Saint Marie Historical Sites Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Rochester Art Center ($660k), Tri-Cities Opera Company Inc ($660k) and Radio Catskill ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $79k (15% of expenses). Other salaries and wages came to $222k. At year end it held assets of $2.1m against liabilities of $2,004, net assets of $2.1m. It reported 22 employees.