Pipestone County Historical Society

Analysis

Pipestone County Historical Society is a registered charity in United States, based in Pipestone, MN. It received its IRS tax-exemption ruling in October 1968, 58 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Pipestone County Historical Society reported income of $160k and spending of $195k, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $176k to $160k (-8.7%), an average of -3.0% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pipestone County Historical Society sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include South Baldwin Community Theatre ($160k), Cape Verdean Museum Exhibit ($160k) and The Garden of Hope & Courage ($160k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% and program service revenue 11% of the total. Other salaries and wages came to $82k. At year end it held assets of $715k against liabilities of $3,536, net assets of $711k. It reported 3 employees.