Lebanon Historical Society

Analysis

Lebanon Historical Society is a registered charity in United States, based in Lebanon, WI. It received its IRS tax-exemption ruling in May 1998, 28 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, Lebanon Historical Society reported income of $326k and spending of $6,679, leaving 98% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $509k to $326k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 2.8% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lebanon 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 WI. Charities of a similar size with the same main cause include Kuskokwim Public Broadcasting Corporation ($326k), Performing Arts School of Central Pennsylvania ($326k) and Ez Kids Creativity Shell ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $901k against liabilities of $0, net assets of $901k.