Mower County Historical Society

Analysis

Mower County Historical Society is a registered charity in United States, based in Austin, MN. It received its IRS tax-exemption ruling in August 1985, 41 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 2023, Mower County Historical Society reported income of $208k and spending of $199k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $232k to $208k (-10%), an average of -5.3% a year. The sharpest change came in the year to December 2023, 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, Mower County Historical Society sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Centre for the Arts ($208k), Amherst Historical Society ($208k) and Michigan Museums Association ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 5.3% of the total. Compensation of current officers, directors and key employees was $107k (54% of expenses). At year end it held assets of $523k against liabilities of $0, net assets of $523k. It reported 3 employees.