Grosse Pointe Historical Society

Analysis

Grosse Pointe Historical Society is a registered charity in United States, based in Grosse Pt FRM, MI. It received its IRS tax-exemption ruling in July 1980, 46 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, Grosse Pointe Historical Society reported income of $121k and spending of $218k, spending 180% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $121k (-47%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 55%. 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, Grosse Pointe Historical Society 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 41st percentile within MI. Charities of a similar size with the same main cause include On the Isle Corporation ($121k), Paris Academy Association ($121k) and Detroit Symphony Orchestra Endowment Trust Fund ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.4m against liabilities of $575k, net assets of $808k.