Milton Historical Society

Analysis

Milton Historical Society is a registered charity in United States, based in Milton, WI. It received its IRS tax-exemption ruling in June 1968, 58 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, Milton Historical Society reported income of $235k and spending of $177k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $142k to $235k (+66%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Milton Historical Society sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Carolyn Glasoe Bailey Foundation ($235k), Possum Point Players Inc ($235k) and The Marshall County Community Theatre Inc ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $43k (24% of expenses). Other salaries and wages came to $21k. At year end it held assets of $2.1m against liabilities of $746, net assets of $2.1m. It reported 7 employees.