Waukesha County Historical Society & Museum Inc

Analysis

Waukesha County Historical Society & Museum Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in November 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Waukesha County Historical Society & Museum Inc reported income of $172k and spending of $196k, spending 114% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $302k to $172k (-43%), an average of -13% a year. The sharpest change came in the year to June 2020, when income dropped by 43%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waukesha County Historical Society & Museum Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within WI. Charities of a similar size with the same main cause include Idaho Juniors FC Inc ($172k), Little League Baseball Inc ($172k) and Center for the Living Arts ($172k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $38k (19% of expenses). Other salaries and wages came to $26k. At year end it held assets of $1.4m against liabilities of $10k, net assets of $1.4m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.