Winona County Historical Society Inc

Analysis

Winona County Historical Society Inc is a registered charity in United States, based in Winona, MN. It received its IRS tax-exemption ruling in March 1945, 81 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Winona County Historical Society Inc reported income of $684k and spending of $728k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $674k to $684k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Winona County Historical Society Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MN. Charities of a similar size with the same main cause include American Guild of English Handbell Ringers Inc ($684k), Crow Language Consortium ($684k) and Baltimore Beat Inc ($684k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $167k. At year end it held assets of $6.0m against liabilities of $178k, net assets of $5.8m. It reported 25 employees.