Frankenmuth Historical Association

Analysis

Frankenmuth Historical Association is a registered charity in United States, based in Frankenmuth, MI. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Frankenmuth Historical Association reported income of $361k and spending of $434k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $361k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Frankenmuth Historical Association sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Stone Quarry Hill Art Park Inc ($361k), Omnipeace Foundation Inc ($361k) and 4 Youth Productions Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $55k (13% of expenses). Other salaries and wages came to $156k. At year end it held assets of $1.5m against liabilities of $12k, net assets of $1.5m. It reported 12 employees.