Sheboygan County Historical Society

Analysis

Sheboygan County Historical Society is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in June 1953, 73 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, Sheboygan County Historical Society reported income of $407k and spending of $510k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $542k to $407k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sheboygan County Historical Society sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Good News II Inc of Statesville ($407k), McCully Heritage Project ($407k) and Christian Life Missions ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $59k (12% of expenses). Other salaries and wages came to $181k. At year end it held assets of $2.2m against liabilities of $2,630, net assets of $2.2m. It reported 13 employees.