Plymouth Historical Society

Analysis

Plymouth Historical Society is a registered charity in United States, based in Plymouth, MI. It received its IRS tax-exemption ruling in October 1959, 67 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 May 2024, Plymouth Historical Society reported income of $322k and spending of $381k, spending 118% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income grew from $225k to $322k (+43%), an average of +7.4% a year. The sharpest change came in the year to May 2020, when income rose by 319%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Plymouth Historical Society sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include Moroccan American Association of Columbus ($322k), WCR Center for the Arts Inc ($322k) and Design Management Institute Inc ($322k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 53% and program service revenue 11% of the total. Other salaries and wages came to $159k. At year end it held assets of $3.0m against liabilities of $14k, net assets of $3.0m. It reported 10 employees.