Bayfield Heritage Association Inc

Analysis

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

In the financial year ending December 2023, Bayfield Heritage Association Inc reported income of $102k and spending of $107k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $102k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bayfield Heritage Association Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within WI. Charities of a similar size with the same main cause include Chicago Writers Association ($102k), Manitou Beach Historic Renovation Society ($102k) and Westchester Collaborative Theater ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $18k. At year end it held assets of $1.1m against liabilities of $185, net assets of $1.1m. It reported 2 employees.