Big Stone County Historical Society

Analysis

Big Stone County Historical Society is a registered charity in United States, based in Ortonville, MN. It received its IRS tax-exemption ruling in November 1976, 50 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, Big Stone County Historical Society reported income of $53k and spending of $34k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $53k (+53%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Stone County Historical Society sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include The Glenarden Track Club ($53k), Historical Society of the Tonawandas Inc ($53k) and Hellertown Historical Society ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $12k (35% of expenses). At year end it held assets of $147k against liabilities of $0, net assets of $147k. It reported 1 employees.