Merrill Historical Society Inc

Analysis

Merrill Historical Society Inc is a registered charity in United States, based in Merrill, WI. It received its IRS tax-exemption ruling in June 1979, 47 years ago. 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, Merrill Historical Society Inc reported income of $88k and spending of $95k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $88k (+27%), an average of +6.3% a year. The sharpest change came in the year to December 2020, when income rose by 863%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Merrill Historical Society Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within WI. Charities of a similar size with the same main cause include Mason City Public Library Foundation Inc ($88k), Keys to Freedom Ministries Inc ($88k) and Copley Square Charitable TR ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $7,488. At year end it held assets of $2.4m against liabilities of $45k, net assets of $2.4m. It reported 1 employees.